<PAGE>
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) December 11, 1998
-----------------
WESTERN GAS RESOURCES, INC.
---------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-10389 84-1127613
- --------------------------------- ----------- ------------------
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)
12200 N. Pecos Street Denver, Colorado 80234-3439
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(303) 452-5603
- --------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
No Changes
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report).
<PAGE>
ITEM 5. OTHER EVENTS.
On December 11, 1998, the Company issued the following press release:
December 11, 1998. Western Gas Resources, Inc. ("Western") (NYSE:WGR) today
- -----------------
announced that all extensions of time for RIS Resources (USA) Inc. ("RIS"), a
U.S. subsidiary of R.I.S. Resources International Corp. ("RIS International")
have expired and the companies are no longer negotiating the sale of an interest
in Western's Granger and Lincoln Road gathering and processing complex ("Granger
Complex") in the Greater Green River Basin of southwest Wyoming. Western's
previously disclosed intention to acquire preferred stock in RIS in connection
with the financing of this transaction will not be completed. Western and RIS
remain in a joint venture in the Bird Canyon gathering system, and all
agreements with RIS' affiliate, Ultra Resources, Inc. ("Ultra"), to develop,
explore, gather and process natural gas reserves jointly in the Jonah Field and
other areas of the Hoback Basin remain in effect.
Lanny Outlaw, President and Chief Operating Officer, commented, "Our facilities
in southwest Wyoming represent an area of significant growth for the Company.
We continue to be excited about the exploration potential of the Hoback Basin
and expect to recognize continued benefit from our agreement with Ultra in this
very active area."
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. The Company is pursuing new investment
opportunities through both acquisitions and new construction to expand its area
of operations and related markets.
<PAGE>
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.
---------------------------
(Registrant)
Date: December 21, 1998 By: /S/WILLIAM J. KRYSIAK
---------------------
William J. Krysiak
Vice President - Finance
(Principal Financial and
Accounting Officer)
