UNITED STATES
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: March 13, 1995
Commission File Number 1-8241
_________
PRESIDIO OIL COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 95-3049484
(State or other jurisdiction of (I.R.S.Employer
incorporation or organization) Identification No.)
5613 DTC PARKWAY, SUITE 750
ENGLEWOOD, COLORADO 80111-3065
(Address of principal executive offices)
(Zip Code)
(303) 773-0100
(Registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
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Item 5. Other Events
Incorporated herein by reference to the Company's press release
dated March 13, 1995, contained in Exhibit 20.1 to this form.
Item 7. Financial Statements and Exhibits
(c) Exhibits
20.1 The Company's press release dated March 13, 1995,
announcing the interest rate for the period May 15, 1995
to August 14, 1995 on its Senior Subordinated Gas
Indexed Notes Due 1999 and Senior Gas Indexed Notes Due
2002 to be 13.250%.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
PRESIDIO OIL COMPANY
-------------------------------
Registrant
DATE: March 13, 1995 /s/ Charles E. Brammeier
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Charles E. Brammeier
Controller
(Principal Accounting Officer)
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EXHIBIT 20.1
PRESIDIO OIL COMPANY
ANNOUNCES
The Interest Rate on Presidio Oil Company's Senior Subordinated
Gas Indexed Notes due 1999 and the Senior Gas Indexed Notes due
2002 will be 13.250% for the period May 15, 1995 to August 14,
1995. The Gas Index Price for the determination period (the
Natural Gas Clearinghouse, Inc. average spot gas price for the 12
months ending March 1995) was $1.59. Since the Base Price of Gas
(defined as $1.75 in the Note Indenture) exceeds the Gas Index
Price, there is no Additional Interest Rate.
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