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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) March 3, 1995
(February 21, 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 its Form 10-Q for the quarter ended December 31, 1994, the registrant
disclosed that drilling of the Opon No. 4 well was expected to commence in
February 1995. Drilling of the Opon No. 4 well commenced on February 21,
1995. The new well is located approximately three-quarters of a mile south
of the Opon No. 3 well which was completed in 1994. The Opon No. 4 well is
expected to require four to five months to drill, complete and test.
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: March 3, 1995 By: /s/ Stanton J. Urquhart
______________________________
Stanton J. Urquhart
Vice President
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