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 3, 1998
DORCHESTER HUGOTON, LTD.
(Exact Name of registrant as specified in its charter)
TEXAS
(State or Other Jurisdiction of Incorporation)
0-10697 75-1829064
(Commission File Number) (I.R.S. Employer Identification No.)
1919 S. Shiloh Road, Suite 600 - LB 48, Garland, TX 75042-8234
(Address of principal executive office)
(972)864-8610
(Registrant's Telephone Number)
<PAGE>
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) SECTION 304 (a) (1):
(i) On April 3, 1998, Dorchester Hugoton, Ltd. (the Partnership) dismissed
the accounting firm of Coopers & Lybrand, L.L.P., Dallas, Texas, who
have acted as certifying accountants for the Partnership for the years
ending December 31, 1982 through December 31, 1997.
(ii) None of the prior certifying accountants' reports on the Partnership's
financial statements for the past two years contained an adverse
opinion or disclaimer of opinion, or were qualified or modified as to
uncertainty, audit scope or accounting principle.
(iii)The change of principal accountants was approved by the Partnership's
Audit Committee on March 26, 1998.
(iv) In connection with its audits for the two most recent fiscal years and
through April 3, 1998, there have been no disagreements with Coopers &
Lybrand, L.L.P., on any matter of accounting principle or practice,
financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of Coopers &
Lybrand, L.L.P., would have caused said accountants to make reference
to the subject matter of such disagreements in their reports on the
financial statements for such years.
(v) The Registrant has requested that Coopers & Lybrand, L.L.P. furnish it
with a letter addressed to the Securities and Exchange Commission
stating whether or not it agrees with the above statements. A copy of
such letter, dated April 6, 1998, is filed as Exhibit 4.0 to this Form
8-K.
(b) SECTION 304 (a)(2):
(2) Effective April 3, 1998, the Partnership has engaged the accounting
firm of Grant Thornton LLP, Dallas, Texas, to act as certifying
accountants for the year ending December 31, 1998.
(i) There were no written or oral consultations regarding the application
of accounting principles to a specific completed or contemplated
transaction, or to the type of audit opinion that might be rendered in
the Partnership's decision to change accounting firms.
(ii) (not applicable)
ITEM 7. FINANCIAL STATEMENT, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) The following exhibits are filed with this report.
16 Statement of prior certifying accountant in response to the
information disclosed herein.
<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.
DORCHESTER HUGOTON, LTD.
By:/s/Kathleen A.Rawlings
--------------------------------
Kathleen A. Rawlings, Controller
Dated: April 7, 1998
EXHIBIT 16
April 6, 1998
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Dorchester Hugoton, Ltd. (copy attached),
which we understand will be filed with the Commission, pursuant to Item 4 of
Form 8-K, as part of the Partnership's Form 8-K report for the month of April,
1998. We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ Coopers & Lybrand L.L.P.
<PAGE>
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) SECTION 304 (a) (1):
(i) On April 3, 1998, Dorchester Hugoton, Ltd. (the Partnership) dismissed
the accounting firm of Coopers & Lybrand, L.L.P., Dallas, Texas, who
have acted as certifying accountants for the Partnership for the years
ending December 31, 1982 through December 31, 1997.
(ii) None of the prior certifying accountants' reports on the Partnership's
financial statements for the past two years contained an adverse
opinion or disclaimer of opinion, or were qualified or modified as to
uncertainty, audit scope or accounting principle.
(iii)The change of principal accountants was approved by the Partnership's
Audit Committee on March 26, 1998.
(iv) In connection with its audits for the two most recent fiscal years and
through April 3, 1998, there have been no disagreements with Coopers &
Lybrand, L.L.P., on any matter of accounting principle or practice,
financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of Coopers &
Lybrand, L.L.P., would have caused said accountants to make reference
to the subject matter of such disagreements in their reports on the
financial statements for such years.
(v) The Registrant has requested that Coopers & Lybrand, L.L.P. furnish it
with a letter addressed to the Securities and Exchange Commission
stating whether or not it agrees with the above statements. A copy of
such letter, dated April x, 1998, is filed as Exhibit 4.0 to this Form
8-K.
(b) SECTION 304 (a)(2):
(2) Effective April 3, 1998, the Partnership has engaged the accounting
firm of Grant Thornton LLP, Dallas, Texas, to act as certifying
accountants for the year ending December 31, 1998.
(i) There were no written or oral consultations regarding the application
of accounting principles to a specific completed or contemplated
transaction, or to the type of audit opinion that might be rendered in
the Partnership's decision to change accounting firms.
(ii) (not applicable)
ITEM 7. FINANCIAL STATEMENT, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) The following exhibits are filed with this report.
16 Statement of prior certifying accountant in response to the
information disclosed herein.
