SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report
(Date of earliest event reported): May 14, 1999
COLORADO WYOMING RESERVE COMPANY
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
WYOMING 83-0246080
(STATE OF INCORPORATION) (I.R.S. EMPLOYER IDENTIFICATION
NUMBER)
751 HORIZON COURT, SUITE 205 81506
GRAND JUNCTION, COLORADO (ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE
OFFICES)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (970) 255-9995
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant.
By letter dated May 14, 1999, PricewaterhouseCoopers LLP ("PwC")
notified Colorado Wyoming Reserve Company (the "Company") that it
was resigning as independent auditor of the Company. Neither of
the audit reports from PwC for the last two fiscal years
contained an adverse opinion or disclaimer of opinion, or was
modified as to audit scope or accounting principles. The audit
report for the fiscal year ended June 30, 1998 contained an
explanatory paragraph describing the uncertainty as to the
ability of the Company to continue operating as a going concern.
The audit report for the year ended June 30, 1997, however, did
not contain an explanatory paragraph referring to such
uncertainty. In connection with its audits for the years ended
June 30,1998 and 1997 and through the period ended March 14,
1999, there were no disagreements between the Company and PwC on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which, if
not resolved to the satisfaction of PwC, would have caused it to
make reference to the subject matter of the disagreement in
connection with its reports on the financial statements for such
years.
Item 7. Exhibits. Documents filed as part of this report:
Exhibit
Number Description of Exhibit
- ------ ----------------------
16 Letter, dated May 19, 1999, from PricewaterhouseCoopers LLP,
pursuant to Item 304 (a)(3) of Regulation S-B under the Securites
Exchange Act of 1934, as amended.
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.
COLORADO WYOMING RESERVE COMPANY
Date: May 19, 1999 By: /s/ Kim M. Fuerst
-------------------------------------
Kim M. Fuerst
Chairman of the Board of Directors
President, Chief Executive Officer
Treasurer, Chief Financial Officer
Director
[PricewaterhouseCoopers LLP Letterhead]
May 19, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Colorado Wyoming Reserve Company (copy
attached), which we understand will be filed with the Commission, pursuant to
Item 4 of Form 8-K, as part of the Company's Form 8-K report dated May 19, 1999.
We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
PricewaterhouseCoopers LLP
