SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT UNDER TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): May 2, 1997
Commission File Number: 0-14096
FORELAND CORPORATION
(Exact Name of Registrant as Specified in its Charter)
NEVADA 87-0422812
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
12596 W. BAYAUD AVENUE
SUITE 300, LAKEWOOD, COLORADO 80228
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (303) 988-3122
N/A
(Former name, former address, and formal fiscal year, if changed since
last report)
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ITEM 5. OTHER EVENTS
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Foreland Corporation ("Foreland" or the "Company") announced on May 2,
1997, that Mr. Fred A. Merian has joined its staff as Manager of Corporate
Development. Mr. Merian has 18 years of executive, engineering, finance,
project development, and acquisition experience throughout the Rocky Mountain
region and Permian Basin during his previous employment with Amoco, Tenneco,
Union Pacific Resources, and Vessels Oil & Gas Company. Mr. Merian received his
Bachelor of Science degree in geological engineering from the University of
Missouri-Rolla in 1978.
Management of Foreland believes Mr. Merian's broad experience will enable
it to accelerate its Nevada exploration program by obtaining funding at the most
advantageous terms available, thereby maximizing shareholder value. The Company
also believes that due to Foreland's recent exploration and development success
in its Eagle Spring and Ghost Ranch fields, numerous options now exist to
advance its high potential projects and that Mr. Merian would aid its evaluation
and implementation of the most favorable opportunities.
Foreland also announced that testing is continuing on its Ghost Ranch #47-
35 well. The well is the most recent development well at the Ghost Ranch field,
which the Company discovered in 1996. Foreland will determine an initial
production rate once the flow line is completed next week.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Dated: May 12, 1997
FORELAND CORPORATION
By /s/ Kenneth Ransom, Vice President
