United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 18, 1998
Canada Southern Petroleum Ltd.
(Exact Name of registrant as specified in its charter)
Nova Scotia, Canada 1-3793 98-0085412
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Suite 1410, One Palliser Square, 125 Ninth Avenue, S.E.,
Calgary, Alberta, Canada T2P 1G2
(Address of principal executive offices)
Registrant's telephone number, including area code (403) 269-7741
Not Applicable
(Former name or former address, if changed since last report.)
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FORM 8-K
CANADA SOUTHERN PETROLEUM LTD.
Item 5. Other Events
On September 18, 1998, the Company reported that it has completed the
presentation of its case against Amoco Canada and several other partners in the
Kotaneelee gas field and presented evidence that the Company sustained monetary
damages of approximately Cdn. $100 million.
A press release relating to these developments is filed herewith as an
exhibit and incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(c) Exhibits
(99) Additional Exhibits
(a) Press release of the registrant dated September 18,
1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CANADA SOUTHERN PETROLEUM LTD.
(Registrant)
By /s/ M. A. Ashton
M. A. Ashton
President
Date: September 18, 1998
CANADA SOUTHERN
RESTS ITS CASE
IN KOTANEELEE LAWSUIT
CALGARY, Alberta, September 18, 1998 -- Canada Southern Petroleum Ltd.
(NASDAQ: CSPLF; Toronto/Boston/Pacific: CSW) said it has completed the
presentation of its case against Amoco Canada and several other partners in the
Kotaneelee gas field.
Presentation of the defendants' side of the case commenced last
Wednesday, the Company said. According to a Canada Southern spokesman, the
Company presented evidence at trial that the monetary damages sustained by the
Company were approximately Cdn. $100 million.
The Company's lawsuit, filed eight years ago, seeks damages and/or
other relief for the defendants' breach of fiduciary duty in failing to market
gas from the field, in which Canada Southern has a 30% carried interest.
Contact: James R. Joyce at (203) 245-7664
