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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): APRIL 25, 1997
ENERGY VENTURES, INC.
(Exact name of registrant as specified in charter)
DELAWARE 0-7265 04-2515019
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
5 POST OAK PARK, SUITE 1760,
HOUSTON, TEXAS 77027-3415
(Address of Principal Executive Offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 297-8400
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ITEM 5. OTHER EVENTS
On April 14, 1997, Energy Ventures, Inc., a Delaware corporation (the
"Company"), acquired all of outstanding capital stock of TA Industries, Inc., a
Delaware corporation, a manufacturer of oilfield casing, tubing connections and
couplings and accessories. The acquisition was effected pursuant to a Stock
Purchase Agreement dated February 21, 1997 (the "Purchase Agreement") among
the Company, Seigo Arai and Kanematsu USA Inc., a New York corporation. The
consideration for the acquisition consisted of approximately $64 million in
cash and assumed debt. The Company funded the acquisition with its existing
funds.
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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.
ENERGY VENTURES, INC.
Dated: April 25, 1997 /s/ JAMES G. KILEY
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James G. Kiley
Vice President and
Chief Financial Officer
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