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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) July 1, 1998
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(June 30, 1998 )
WESTERN GAS RESOURCES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-10389 84-1127613
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)
12200 N. Pecos Street Denver, Colorado 80234-3439
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(Address of principal executive offices) (Zip Code)
(303) 452-5603
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(Registrant's telephone number, including area code)
No Changes
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(Former name or former address, if changed since last report).
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ITEM 5. OTHER EVENTS.
On July 1, 1998, the Company issued the following press release:
July 1, 1998. Western Gas Resources, Inc. ("Western") (NYSE:WGR) today
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announced that the Company has received notice from RIS Resources (USA) Inc.
(RIS), a U.S. subsidiary of RIS Resources International Corp. (V.RIS), that RIS
has elected to exercise its option to purchase a 50% interest in the Company's
interest in the Granger and Lincoln Road gathering and processing complex
("Granger Complex") in the Greater Green River Basin of southwest Wyoming for
$110 million. The closing date has been extended to August 31, 1998 to permit
RIS to complete its financing for the transaction. The closing is subject to
certain conditions and approvals, including approval of the Vancouver Stock
Exchange. Pursuant to the agreement, Western will remain the operator of the
Granger Complex.
Western is a leading independent gas gatherer and processor and an energy
marketer providing a full range of services to its customers from the wellhead
to the delivery point. The Company designs, constructs, owns and operates
natural gas gathering, processing, treating and storage facilities in major gas-
producing basins in the Rocky Mountain, Mid-Continent, Gulf Coast and Southwest
regions of the United States. Western markets natural gas and natural gas
liquids nationwide, providing risk management, storage, transportation and other
services to a variety of customers.
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SIGNATURES
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.
WESTERN GAS RESOURCES, INC.
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(Registrant)
Date: July 1, 1998 By: /S/WILLIAM J. KRYSIAK
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William J. Krysiak
Vice President - Finance
(Principal Financial and
Accounting Officer)
