FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
August 14, 1998
Date of Report
ENERCORP, INC.
(Exact Name of Registrant as specified in its charter)
Colorado 0-9083 84-0768802
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(State or other (Commission (I.R.S. Employer
jurisdiction o file number) Identification Number)
incorporation or
organization)
7001 Orchard Lake Road, Suite 424
West Bloomfield, Michigan 48322-3608
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (248) 851-5651
N/A
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Former name or former address, if changed from last report
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ITEM 5: Other Events
On February 26, 1998, Enercorp, Inc. (the "Registrant") had been advised by
The Nasdaq Stock Market, Inc. ("Nasdaq") that Nasdaq planned to delist the
Registrant from the Nasdaq Small Cap Market ("SmallCap") because the Registrant
did not meet the SmallCap maintenance standards for (1) the number of shares in
the public float and (2) the market value of the public float at the time of
Nasdaq's notification to the Registrant.
On July 28, 1998, the Nasdaq Listing Qualifications Panel (the "Panel")
reviewing this matter notified the Registrant that the Registrant had regained
compliance with the market value of the public float requirement based on a
recent increase in the Registrant's common stock price.
As to the requirement for a minimum 500,000 shares in the public float,
through a recent change in ownership of shares owned by a principal stockholder
of the Registrant, the Registrant is now in compliance with NASD Marketplace
Rule 4310(c)(07), and has 517,897 shares in the public float. This places the
Registrant in compliance with all Nasdaq standards for continued listing on the
Nasdaq SmallCap Market.
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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 thereunto duly authorized.
Date: August 14, 1998
ENERCORP, INC.
By s\Robert R. Hebard
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Robert R. Hebard, President
