K N ENERGY INC
8-K, 1995-02-17
NATURAL GAS TRANSMISISON & DISTRIBUTION
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<PAGE>   1





                       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 earliest event reported:  February 16, 1995


                                K N ENERGY, INC.                
         ------------------------------------------------------------
             (Exact name of registrant as specified in its charter)




    Kansas                          1-6446                       48-0290000 
- --------------------------------------------------------------------------------
(State or other                   (Commission                   (IRS Employer
jurisdiction of                   File Number)               Identification No.)
incorporation)



        370 Van Gordon Street, P.O. Box 281304, Lakewood, CO  80228-8304
- --------------------------------------------------------------------------------
             (Address of principal executive offices)   (Zip Code)


        Registrant's telephone number, include area code:(303) 989-1740





                                       1
<PAGE>   2
Item 5:  Other Events

         On February 16, 1995 an affiliate of K N Energy, Inc. closed   its
         previously announced acquisition of certain gas gathering and gas
         storage assets located in Texas from affiliates of Meridian Oil, Inc.,
         and reference is hereby made to the press release dated February 16,
         1995, which is filed herewith as an exhibit and incorporated herein by
         this reference.

Item 7:  Financial Statements, Pro-Forma Financial Information and Exhibits

         (a)      Financial Statements - None

         (b)      Pro-Forma Financial Statements - None

         (c)      Exhibits

                  1.1     Press release dated February 16, 1995


                                 EXHIBIT INDEX

<TABLE>
<Caption
Exhibit
Number                        Exhibit Description                      Page
- --------                      -------------------                      ----
<S>                   <C>                                               <C>
1.1                   Press release dated February 16, 1995.            5

</TABLE>





                                       2
<PAGE>   3
                                   SIGNATURE

         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.

                                          K N ENERGY, INC.



                                          By: /s/ William S. Garner, Jr.
                                             -------------------------------
                                             William S. Garner, Jr.        
                                             Vice President, General Counsel    
                                              and Secretary             
                      

Date:    February 16, 1995





                                       3
<PAGE>   4


                                 EXHIBIT INDEX

<TABLE>
<CAPTION>

Exhibit
Number                        Exhibit Description                      Page
- --------                      -------------------                      ----
<S>                   <C>                                               <C>
1.1                   Press release dated February 16, 1995.            5

</TABLE>





                                      4

<PAGE>   1
K N ENERGY COMPLETES ACQUISITION

 
Lakewood, CO - K N Energy, Inc. (NYSE - KNE) announced that it has finalized
the previously announced $80.1 million acquisition of natural gas transmission
pipeline and gas storage assets in Texas from Meridian Oil Inc.  The two major
West Texas pipeline systems being acquired are the Morgan Creek Pipeline and
the MoTrans Pipeline.

This acquisition reflects K N Energy's strategy to continue to build on its
extensive Rocky Mountain, Mid-Continent and Texas natural gas pipeline systems.
"K N Energy has been very pleased by the expression of interest from customers
on these pipelines and by the potential growth opportunities these pipelines
offer," said Larry D. Hall, K N Energy's President and Chief Executive Officer.

"K N Energy's 1994 and 1995 merger and acquisition steps provide the Company
with a strong competitive balance of new nonregulated operations across the
natural gas value stream."  Hall said, "By balancing investment in the solid
regulated business and the unregulated business, K N Energy is better able to
create value for its customers and capture value for its shareholders."

- - END -

Release Date:             February 16, 1995
Contact:                  Dick Buxton - (303)  763-3472
                          Karla Kimrey - (303)  763-3489


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