SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported): June 25, 1997
EMPIRIC ENERGY, INC.
(Exact name of registrant as specified in its charter)
Texas 75-2455467
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
8201 Preston Road, Suite 580
Dallas, Texas 75225
(Address of principal executive offices) (Zip Code)
(214) 265-8392
(Registrant's telephone number, including area code)
10300 N. Central Expressway, Suite 426
Dallas, Texas 75231
(Former name or former address, if changed since last report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
The Company has entered into a letter agreement with a Texas-based
energy firm to sell its working interest in its West Texas Panhandle producing
properties for $300,000 cash along with a two-year option to purchase 13,500
leasehold acres for approximately $550,000. This letter agreement is subject
to due diligence by both parties and it is believed that a final closing can be
made by July 15, 1997.
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.
EMPIRIC ENERGY, INC.
By: ____Clyde E. Skeen_________________
Clyde E. Skeen
Date: June 25, 1997 Secretary, Treasurer (Principal Financial
and Accounting Officer) and Director