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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): May 21, 1997
CHENIERE ENERGY, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State or other jurisdiction of incorporation)
0-9092 95-4352386
(Commission File Number) (IRS Employer Identification No.)
Two Allen Center
1200 Smith Street
Houston, Texas 77002
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(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (713) 659-1361
None
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On May 21, 1997, Cheniere Energy, Inc. ("Cheniere") announced that its
wholly-owned subsidiary, Cheniere Energy California Inc., would not consummate
the acquisition of an interest in the Bonito Unit of the Pacific Outer
Continental Shelf off Santa Barbara County, California. Cheniere had previously
announced the execution of a purchase and sale agreement with Poseidon
Petroleum, LLC ("Poseidon") to acquire Poseidon's working interest in the Bonito
Unit. Cheniere has decided that it is in its best interests to concentrate its
resources on its ongoing proprietary 3-D seismic exploration program covering
over 230 square miles along the coastal transition zone of southwestern
Louisiana.
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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.
CHENIERE ENERGY, INC.
By: /s/ KEITH F. CARNEY
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Keith F. Carney
Chief Financial Officer
Date: May 23, 1997
