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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) May 25, 1999
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(May 11, 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 2. ACQUISITION OR DISPOSITION OF ASSETS
We have signed an agreement for the sale of our MiVida Treating Plant and
Gathering System located in Culberson, Loving, Reeves, Winkler and Ward
Counties, Texas and the gathering lines located in Pecos and Reeves Counties,
Texas to an undisclosed buyer. This agreement was signed on May 11, 1999. The
proceeds from this sale will be $12.0 million. The sale is subject to due
diligence and final accounting adjustments and is anticipated to close in the
second quarter. We will realize an after-tax gain on this sale of approximately
$680,000. The proceeds will be used to reduce outstanding debt.
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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: May 25, 1999 By: /S/ WILLIAM J. KRYSIAK
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William J. Krysiak
Vice President - Finance
(Principal Financial and
Accounting Officer)
