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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): January 3, 2001
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
On January 3, 2001, the Company issued a press release with respect to
completion of the previously announced acquisition of primarily gas producing
properties in East Texas and Louisiana for $115 million. The Company's internal
engineers estimate proved reserves related to the acquired properties to be 175
billion cubic feet of gas equivalent, of which more than 93% is natural gas.
The acquisition was funded by borrowings under the Company's bank loan
agreement. 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 January 3, 2001
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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: January 12, 2001 By: /S/ BENNIE G. KNIFFEN
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Bennie G. Kniffen
Senior Vice President
and Controller
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EXHIBIT INDEX
Exhibit Number and Description
99.1 Press Release dated January 3, 2001
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