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): January 9, 1998
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)
ITEM 5. OTHER EVENTS
Foreland Corporation (the "Company") announced on January 13, 1998, the
appointment of two additional members to the Company's Board of Directors.
Mr. Lee Brian Van Ramshorst brings over thirty years of experience in the
oil and gas industry. During his career he held various positions at Amoco
Production Company, Texas Oil & Gas Corp., Inexco Oil Company, and Plains
Petroleum. During his last ten years at Plains, Lee held positions from Vice
President, Production and Engineering to Senior Vice President, Operations and
Business Development. Mr. Brian was instrumental in structuring the joint
venture between Foreland and Plains in 1995.
Mr. Robert D. Gershen is the founder and President of Associated Energy
Managers, Inc., an investment firm specializing in private investments in the
energy industry. Mr. Gershen's company has recently attracted a new investor
constituency from among public and private pension investors and has expanded
its business with the closing of the $100 million Energy Income Fund. This is
its third fund dedicated to opportunistic oil and gas investing through
financing the growth and development of small independent energy companies.
Messrs. Ramshorst and Gershen will also serve on the audit committee of
the Company's board of directors.
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: January 23, 1998
FORELAND CORPORATION
By /s/ N. Thomas Steele
N. Thomas Steele, President
