SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Amendment #1
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 31, 1997
PARKER & PARSLEY 87-B, LTD.
(Exact name of Registrant as specified in its charter)
Texas 33-12244-02 75-2185706
(State or other jurisdiction of Commission (I.R.S. Employer
incorporation or organization) File Number Identification Number)
303 West Wall, Suite 101, Midland, Texas 79701
(Address of principal executive offices) (Zip code)
Registrant's Telephone Number, including area code : (915) 683-4768
Not applicable
(Former name, former address and former fiscal year,
if changed since last report)
Page 1 of 3 pages.
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ITEM 9. Changes in and Disagreements with Accountants on Accounting
and Financial Reporting
None
INDEX TO EXHIBITS
The following documents are incorporated by reference in response to Item
14(c):
Exhibit No. Description Page
- ----------- ----------- ----
4(a) Agreement of Limited Partnership of Parker -
& Parsley 87-B, Ltd. incorporated by
reference to Exhibit A of the Partnership's
Registration Statement on Form S-1
(Registration No. 33-16910) (hereinafter
called the Partnership's Registration Statement
4(b) Form of Subscription Agreement and Power -
of Attorney incorporated by reference to
Exhibit D of the Partnership's Registration
Statement
4(c) Specimen Certificate of Limited Partnership -
Interest incorporated by reference to Exhibit
D of the Partnership's Registration Statement
10(b) Development Program Agreement incorporated -
by reference to Exhibit C of the Partnership's
Registration Statement
27.1 Financial Data Schedule
99.1 Mutual Release and Indemnity Agreement -
dated May 25, 1993 incorporated by reference
to Exhibit 99.1 of the Partnership's Annual
Report on Form 10-K for the year ended
December 31, 1993
2
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PARKER & PARSLEY 87-B, LTD.
S I G N A T U R E S
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 hereunto duly authorized.
PARKER & PARSLEY 87-B, LTD.
Dated: March 27, 1998 By: Pioneer Natural Resources USA, Inc.
Managing General Partner
By: /s/ Scott D. Sheffield
-----------------------------
Scott D. Sheffield, President
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the date indicated.
/s/ Scott D. Sheffield President and Director of March 27, 1998
- ------------------------- Pioneer USA
Scott D. Sheffield
/s/ Timothy L. Dove Executive Vice President and March 27, 1998
- ------------------------- Director of Pioneer USA
Timothy L. Dove
/s/ Dennis E. Fagerstone Executive Vice President and March 27, 1998
- ------------------------- Director of Pioneer USA
Dennis E. Fagerstone
/s/ Mark L. Withrow Executive Vice President, General March 27, 1998
- ------------------------- Counsel and Director of Pioneer USA
Mark L. Withrow
/s/ M. Garrett Smith Executive Vice President, Chief March 27, 1998
- ------------------------- Financial Officer and Director
M. Garrett Smith of Pioneer USA
/s/ Mel Fischer Executive Vice President of March 27, 1998
- ------------------------- Pioneer USA
Mel Fischer
/s/ Lon C. Kile Executive Vice President of March 27, 1998
- ------------------------- Pioneer USA
Lon C. Kile
/s/ Rich Dealy Vice President and Chief Accounting March 27, 1998
- ------------------------- Officer of Pioneer USA
Rich Dealy
3
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