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): December 6,
1995
UNION TEXAS PETROLEUM HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-9019 76-0040040
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
1330 Post Oak Boulevard, Houston, Texas 77056
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 623-6544
<PAGE> 2
Item 5. OTHER EVENTS.
-------------
In December 1995, Union Texas Petroleum Holdings, Inc. (the
"Company") completed its medium-term notes ("MTN") program under
a shelf registration of up to $100 million aggregate principal
amount of debt securities. During November and December 1995,
the Company issued $100 million aggregate principal amount of
MTNs, with terms of seven and twelve years and interest rates
varying from 6.51% to 6.81%. The net proceeds from the sales
of such MTNs will be used to repay outstanding indebtedness.
<PAGE> 3
Signature
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 thereunto duly
authorized.
UNION TEXAS PETROLEUM
HOLDINGS, INC.
By: /s/ Larry D. Kalmbach
--------------------------
LARRY D. KALMBACH
Vice President and
Chief Financial Officer
Date: December 6, 1995
