UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13, or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 22, 1997
(July 21, 1997)
HALLADOR PETROLEUM COMPANY
(Exact name of registrant as specified in its charter)
COLORADO 0-14731 84-1014610
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
1660 Lincoln St., Suite 2700, Denver, Colorado 80264
(Address of principal executive offices)
303-839-5504 FAX 303-832-3013
(Issuer's telephone number)
N/A
(Former name or former address, if changed since last report)
This report contains 3 pages.
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ITEM 5. OTHER EVENTS (SEE PRESS RELEASE BELOW)
FOR IMMEDIATE RELEASE NEWS RELEASE
CONTACT: VICTOR P. STABIO, PRESIDENT
(303) 839-5504
YORKTOWN ENERGY PARTNERS II INVESTS $5 MILLION IN HALLADOR
July 18, 1997, Denver, Colorado. -- Hallador Petroleum Company
announced today Yorktown Energy Partners II and affiliates invested
$5,000,000 in Hallador Petroleum, LLP, a newly formed limited liability
partnership for which the Company will be the general partner and have a 70%
interest in return for contributing its net assets and Yorktown will be the
limited partners and have a 30% interest in return for its cash investment.
The Company's current board of directors will comprise the executive
committee of the partnership.
Mr. Stabio, CEO, stated, "The additional cash will allow the Company
to expand in its focus areas of California, the Williston Basin of Montana
and North Dakota and the Big Horn Basin of Wyoming."
Mr. Stabio also announced that on July 7th, Roderick V. Smith joined
the Company as Vice-President. Mr. Smith, an attorney and landman, has over
20 years experience in the oil and gas business, primarily in the Rocky
Mountain region.
The Company, headquartered in Denver, is publicly traded on the OTC
Bulletin Board (HPCO) and its public filings are available on the internet
via the SEC's website at www.sec.gov.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant had duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SIGNATURE
HALLADOR PETROLEUM COMPANY
Date: July 22, 1997 By: /s/ VICTOR P. STABIO
Chief Executive Officer and
Chief Financial Officer
Signing on behalf of the
registrant and as principal
financial and accounting officer.
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