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) June 23, 1999
Ocean Energy, Inc. 401(k) Savings Plan
(Exact name of registrant as specified in its charter)
Louisiana 0-25058 72-1210660
(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification No.)
1001 Fannin, Suite 1600, Houston, Texas 77002-6714
(Address of principal executive offices) (Zip code)
(713) 265-6000
(Registrant's telephone number, including area code)
None
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
Item 5. Other Events.
Effective March 30, 1999, Ocean Energy, Inc., a Delaware corporation
("Ocean"), merged with and into Ocean Energy, Inc., a Texas corporation
(formerly known as Seagull Energy Corporation and referred to herein as the
"Company"), pursuant to an Agreement and Plan of Merger dated November 24, 1998,
as amended, between Ocean and the Company (the "Merger"). Prior to the Merger,
Provost, Salter, Harper & Alford, L.L.C., independent public accountants, served
as auditor for the Ocean Energy, Inc. 401(k) Savings Plan (the "Savings Plan").
KPMG LLP, independent public accountants, was elected as the Company's auditor
at the annual shareholders' meeting on May 25, 1999.
The Company, as administrator of the Savings Plan, has appointed KPMG
LLP as independent auditors of the Savings Plan for the fiscal year ending
December 31, 1998.
Item 7. Financial Statements and Exhibits
(c) The following exhibits are filed as part of this report:
16 Letter from Provost, Salter, Harper & Alford, L.L.C. regarding
change in independent public accountants.
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: June 23, 1999
Ocean Energy, Inc.
By: /s/ William L. Transier
William L. Transier
Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)
<PAGE>
Exhibit Index
Exhibit Page
Number Description Number
16 Letter from Provost, Salter, Harper & Alford, L.L.C.
regarding change in independent public accountants.
[Letterhead of Provost, Salter, Harper & Alford, L.L.C.]
June 15, 1999
Securities and Exchange Commission
Principal Office
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs
We have reviewed the termination notice filed by Ocean Energy, Inc. 401(k)
Savings Plan on Form 8-K and agree with the statements contained in the notice.
The termination of our contract was not related to any matter of accounting
principles or practices, financial statement disclosure, auditing scope or
procedure, or compliance with applicable rules of the Commission.
The audits performed by our Firm for the past two years did not contain an
adverse opinion or a disclaimer of opinion or was qualified as to
uncertainities, audit scope, or accounting principles.
Thank You.
Sincerely,
PROVOST, SALTER, HARPER & ALFORD, L.L.C.
/s/ Brent R. Salter
Brent R. Salter
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