NUEVO ENERGY CO
8-K, 1999-12-21
CRUDE PETROLEUM & NATURAL GAS
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<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
                               December 20, 1999


                              NUEVO ENERGY COMPANY
             (Exact name of registrant as specified in its charter)


           DELAWARE                     0-10537                76-0304436
(State or other jurisdiction of  (Commission File Number)   (I.R.S. Employer
 incorporation or organization)                           Identification Number)


                          1021 MAIN STREET, SUITE 2100
                             HOUSTON, TEXAS  77002
                    (Address of principal executive offices)


                                 (713) 652-0706
              (Registrant's telephone number, including area code)



                                 Not Applicable
                 (Former address, if changed since last report)


================================================================================
<PAGE>

ITEM 1.  CHANGES IN CONTROL OF REGISTRANT

     Not applicable

ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS

     Not applicable

ITEM 3.  BANKRUPTCY OR RECEIVERSHIP

     Not applicable

ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

     Not applicable

ITEM 5.  OTHER EVENTS

     Nuevo Energy Company made the Press Release attached hereto as Exhibit 99A.

ITEM 6.  RESIGNATION OF REGISTRANT'S DIRECTORS

     Not applicable

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

     99A.  Copy of the Company's Press Release dated December 21, 1999

ITEM 8.  CHANGE IN FISCAL YEAR

     Not applicable

                                      -2-
<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 hereunto duly authorized.


                               NUEVO ENERGY COMPANY


December 21, 1999              By:  /s/ Robert M. King
                               -------------------------------
                               Robert M. King
                               Senior Vice President and Chief Financial Officer

                                      -3-

<PAGE>

                                  EXHIBIT 99A
                                                 NEWS RELEASE
                                                 ------------------------------
          FOR IMMEDIATE RELEASE                  CONTACT:
          December 21, 1999                      Barbara B. Forbes
                                                 Director of Investor Relations
                                                 713-374-4870

- -------------------------------------------------------------------------------

                         NUEVO ENERGY COMPANY ANNOUNCES
                        EXPIRATION OF ITS $257,310,000
                                EXCHANGE OFFER


                    HOUSTON, December 21  Nuevo Energy Company (NYSE: NEV)
          announced today the expiration of its offer to exchange its 9 1/2%
          Senior Subordinated Notes due 2008, Series B, that have been
          registered under the Securities Act of 1933 for any and all
          outstanding 9 1/2% Senior Subordinated Notes due 2008, Series A.  The
          exchange offer expired at 5:00 p.m., New York City time, on December
          20, 1999.

                    Nuevo Energy Company is a Houston, Texas-based company
          primarily engaged in the exploration for, and the acquisition,
          exploitation, development and production of crude oil and natural gas.
          Nuevo's principal domestic properties are located onshore and offshore
          California.  Nuevo is the largest independent producer of oil and gas
          in California.  The Company's international properties are located
          offshore the Republics of Congo and Ghana in West Africa and onshore
          the Republic of Tunisia in North Africa.  To learn more about Nuevo,
          please refer to the Company's internet site at
          http://www.nuevoenergy.com.


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