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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): December 5, 2000
CROSS TIMBERS OIL COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-10662 75-2347769
(State or other jurisdiction (Commission File Number) IRS Employer
of incorporation) Identification No.)
810 Houston Street, Suite 2000, Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)
(817) 870-2800
(Registrant's telephone number, including area code)
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Item 5. Other Events.
Purchase of East Texas Properties and Increased Capital Budget
On December 5, 2000, the Company issued a press release with respect to the
acquisition of primarily gas producing properties in East Texas and Louisiana.
The Company also announced a $50 million increase in its 2001 capital budget to
$250 million that targets a 20% growth in total 2001 gas production compared
with 2000. The Company also provided current estimates of production, expenses,
debt and other parameters for the year 2001 resulting from this acquisition and
for activity planned under the 2001 capital budget. A copy of the press release
is filed as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibits are filed as part of this Current Report of Form
8-K:
Exhibit Number and Description
99.1 Press Release dated December 5, 2000
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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 hereunto duly authorized.
CROSS TIMBERS OIL COMPANY
Date: December 20, 2000 By: LOUIS G. BALDWIN
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Louis G. Baldwin
Executive Vice President
and Chief Financial Officer
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EXHIBIT INDEX
Exhibit Number and Description
99.1 Press Release dated December 5, 2000
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