OCEAN ENERGY INC /TX/
8-K, 1999-05-04
CRUDE PETROLEUM & NATURAL GAS
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                       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): April 26, 1999




                               OCEAN ENERGY, INC.
             (Exact name of registrant as specified in its charter)


                  Texas                        1-8094            74-1764876
       (State or other jurisdiction       (Commission File    (I.R.S. Employer
    of incorporation or organization)          Number)       Identification No.)

         1001 Fannin, Suite 1600
              Houston, Texas                                   77002-6714
 (Address of principal executive offices)                      (Zip code)


       Registrant's telephone number, including area code: (713) 951-4700









<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,
Arthur Andersen LLP, independent public accountants,  served as Ocean's auditor,
and KPMG LLP, independent public accountants, served as the Company's auditor.

         The Company's  Board of Directors has appointed KPMG LLP as independent
auditors  of the  Company for the fiscal year  ending  December  31,  1999.  The
appointment of KPMG LLP was  recommended by the Audit Committee of the Company's
Board of  Directors  and has  been  approved  by the  Board  of  Directors.  The
appointment of KPMG LLP as independent  auditors is subject to  ratification  of
the Company's  shareholders at the Annual Meeting of Shareholders  scheduled for
May 25, 1999.




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<PAGE>


                                   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.

                                           OCEAN ENERGY, INC.


                                           By:
                                               Robert K. Reeves
                                               Executive Vice President, General
                                               Counsel and Secretary

Dated:  May 4, 1999.














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