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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) September 14, 1999
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(September 22,1999)
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 September 14, 1999, the Company issued the following press release:
September 14, 1999. Western Gas Resources, Inc. ("Western")
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(NYSE:WGR) announced today that Lanny Outlaw will assume the role of Chief
Executive Officer and President effective October 1, 1999. Brion Wise will
remain active with the Company as Chairman of the Board. Effective immediately,
Lanny Outlaw has been appointed to the Board of Directors increasing the size of
the board to nine members.
Brion Wise, Chief Executive Officer and Chairman, stated, "Lanny Outlaw has
certainly earned this position through his many accomplishments during his term
as President and Chief Operating Officer. He has been instrumental in the
Company's strategic planning, including positioning the Company in major gas
producing basins. I feel confident that after our recent financial
restructuring, we are positioned to substantially increase shareholder value and
now is an opportune time to recognize Lanny's achievements. I will remain the
largest shareholder and will be active with the Company through the position of
Chairman. I will continue to provide direction and support in the areas of
strategic planning, investor relations and business opportunities."
Lanny Outlaw, President and Chief Operating Officer, stated, "I am excited to be
provided with this opportunity. We have many challenges in front of us, but I
believe the fundamentals for the natural gas industry, and our Company in
particular, are very strong. We expect to continue growing our gas production,
gathering and sales volumes primarily through the development of coal bed
methane in the Powder River Basin and of natural gas in the Green River Basin of
Southwest Wyoming. Brion has been a driving influence in the growth and
development of the Company from its inception, and his knowledge and insight
will continue to be of great value to the Company."
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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: September 22, 1999 By: /S/ WILLIAM J. KRYSIAK
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William J. Krysiak
Vice President - Finance
(Principal Financial and Accounting
Officer)
