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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) August 18, 1995
HONDO OIL & GAS COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-8979 95-1998768
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
410 East College Boulevard, Roswell, New Mexico 88201
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (505) 625-8700
_____________________________________________________________________
(Former name or former address, if changed since last report)
There are no exhibits to this report.
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Item 5. Other Events
In a press release on August 18, 1995, the registrant announced that the
test results of the Opon No. 4 well at the Opon Association Contract
area in the Middle Magdalena Valley in Colombia will be delayed until
October. In its Form 10-Q for the quarter ended June 30, 1995, the
registrant reported that the well had reached its total depth of 12,800
feet, and that results were expected during August. Recently, during
logging operations, a tool was stuck near total depth of the well.
Subsequent fishing attempts to retrieve the tool resulted in stuck drill
pipe and efforts to free the pipe have been unsuccessful. A sidetrack
will be initiated to redrill the bottom portion of the hole.
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.
HONDO OIL & GAS COMPANY
Date: August 18, 1995 By: /s/ Stanton J. Urquhart
______________________________
Stanton J. Urquhart
Vice President
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