CHENIERE ENERGY INC
8-K, 1998-04-23
PATENT OWNERS & LESSORS
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<PAGE>
 
                      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 21, 1998

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

           Delaware                       0-9092                95-4352386
(State or other jurisdiction     (Commission File Number)     (IRS Employer
     of incorporation)                                       Identification No.)

1200 Smith Street, Suite 1740                                    77002-4312
        Houston, Texas

(Address, of principal executive                                 (Zip Code)
              offices)
                                 ------------------------

       Registrant's telephone number, including area code: (281)578-4600

                                Not applicable
         (former name or former address, if changed since last report)



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ITEM 5.   OTHER EVENTS.

     5.1  Attached hereto as Exhibit 99.1 and incorporated by reference herein 
is certain information regarding Legal Proceedings, as presented in a press 
release dated April 21, 1998.

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     c)   Exhibits.

     99.1 Press Release issued by Cheniere Energy, Inc. dated April 21, 1998.


<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.

Date: April 22, 1998                         CHENIERE ENERGY, INC.
                                             (Registrant)



                                             By:    /s/ Walter L. Williams
                                             Name:  Walter L. Williams
                                             Title: Chief Executive Officer





<PAGE>

                                                                    EXHIBIT 99.1
 
CHENIERE ENERGY INC. MAKES ANNOUNCEMENT

HOUSTON-(BUSINESS WIRE)--April 21, 1998--Cheniere Energy Inc. (NASDAQ SmallCap 
Market:CHEX) announced today that Zydeco Exploration Inc., a subsidiary of 
Zydeco Energy [Nasdaq:ZNRG - news] Inc., has filed a petition with the American 
Arbitration Association for arbitration in order to resolve certain disputes 
that have arisen with Cheniere Energy Inc. Cheniere is a party to an Exploration
Agreement with Zydeco which covers a large 3-D seismic project located in the 
Transition Zone of South Louisiana.

Recently, differences have arisen between the two companies over the rights and 
obligations of the parties and the claims for reimbursement of certain seismic 
costs and expenses incurred by Zydeco. Cheniere believes that it has properly 
earned and preserved its interest in leases acquired in the Project Area covered
by the Exploration Agreement and that all of its actions to date, including its 
handling of confidential data, are entirely within the scope of the Exploration 
Agreement. Cheniere feels it will ultimately prevail in the arbitration process.



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