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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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: October 2, 2000
ESENJAY EXPLORATION, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 0-80243 73-1421000
(STATE OF INCORPORATION) (COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.)
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500 NORTH WATER STREET, SUITE 1100 S.
CORPUS CHRISTI, TEXAS 78471
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(361) 883-7464
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
(NOT APPLICABLE)
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
Esenjay Exploration, Inc., a Delaware corporation (the ""Company''),
announced on October 2, 2000 that it retained Deutsch Bank Securities, Inc.
and Randall & Dewey, Inc. to advise the Company concerning various strategic
alternatives intended to better maximize shareholder value. These
alternatives include:
- possible sale of the Company for cash or stock;
- a merger;
- the acquisition by the Company of oil and gas interests from
unrelated third parties; or
- the acquisition by the Company of oil and gas companies that the
Company believes could enhance shareholder value.
There can be no assurance that the Company will be successful in consummating
any such transaction, or that if consummated, shareholder value will be
enhanced. In addition, there can be no assurance as to the effect that this
announcement will have on the trading price of the Company's common stock.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
The following exhibits are filed with this report on Form 8-K.
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Exhibit
No. Description
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*99(a) Press Release of the Company dated October 2, 2000.
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* Filed herewith
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SIGNATURE
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.
Date: October 2, 2000 ESENJAY EXPLORATION, INC.
By: /s/ David B. Christofferson
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David B. Christofferson, Senior
Vice President, General Counsel
and Chief Financial Officer
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INDEX TO EXHIBITS
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EXHIBIT
NO. DESCRIPTION
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*99(a) PRESS RELEASE OF THE COMPANY DATED OCTOBER 2, 2000.
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* Filed herewith
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