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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: February 16, 1996
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 February 16, 1996, contained in Exhibit 20.1 to this form.
Item 7. Financial Statements and Exhibits
(c) Exhibits
20.1 The Company's press release dated February 16, 1996,
announcing that the Company, which is currently in
negotiations to merge with Tom Brown, Inc., no longer
fully satisfies all of the financial guidelines of the
AMEX for continued listing. The AMEX ceased trading in
the Company's Class A and Class B Common Stock on
November 16, 1995, and has advised the Company that the
last day for trading of its 9% Convertible Subordinated
Debentures will be Friday, March 1, 1996.
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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
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Registrant
DATE: February 22, 1996 /s/ Charles E. Brammeier
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Charles E. Brammeier
Controller
(Principal Accounting Officer)
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EXHIBIT INDEX
Exhibit
Number Description of Exhibit
20.1 Press release of the Company dated February 16, 1996.
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EXHIBIT 20.1
PRESIDIO SECURITIES TO BE DELISTED
FROM THE AMERICAN STOCK EXCHANGE
Denver, Colorado, February 16, 1996...PRESIDIO OIL COMPANY
(ASE:PRS/A) today announced that it had consented to the removal
of its Class A and Class B Common Stock and its 9% Convertible
Subordinated Debentures from listing on the American Stock
Exchange (AMEX).
The Company, which is currently in negotiations to merge
with Tom Brown, Inc., no longer fully satisfies all of the
financial guidelines of the AMEX for continued listing. The AMEX
ceased trading in the Company's Class A and Class B Common Stock
on November 16, 1995, and has advised the Company that the last
day for trading of its 9% Convertible Subordinated Debentures
will be Friday, March 1, 1996.
The Company currently anticipates that an over-the-counter
market for its Common Stock and 9% Convertible Subordinated
Debentures may develop in the future.
For further information contact Investor Relations at (212)
593-2244.
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