<PAGE> 1
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) October 1, 1999
--------------------------------
Cooper Cameron Corporation
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Delaware
- --------------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
1-13884 76-0451843
- --------------------------------- -------------------------------
515 Post Oak Boulevard, Suite 1200, Houston, Texas 77027
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (713) 513-3300
----------------------------
Not applicable
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
Page 2
ITEM 2. Acquisition or Disposition of Assets
On October 1, 1999, Rolls-Royce plc issued the press release attached hereto as
Exhibit 99.1 announcing that Rolls-Royce plc has completed the purchase of the
rotating products interests of Cooper Energy Services, a part of Cooper Cameron
Corporation.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
Exhibit
No. Description
- -------- --------------
99.l Rolls-Royce plc Press Release dated October 1, 1999 titled
"Rolls-Royce Completes Purchase of Rotating Products Business from
Cooper Cameron."
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 thereunto duly authorized.
COOPER CAMERON CORPORATION
By: /s/ William C. Lemmer
-----------------------------------
William C. Lemmer
Vice President, General Counsel and
Secretary
Date: October 1, 1999
<PAGE> 3
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
No. Description
- --------- -----------
<S> <C>
99.1 Rolls-Royce plc Press Release dated October 1, 1999 titled
"Rolls-Royce Completes Purchase of Rotating Products Business from
Cooper Cameron."
</TABLE>
<PAGE> 1
EXHIBIT 99.1
[ROLLS-ROYCE LOGO]
October 1, 1999
ROLLS-ROYCE COMPLETES PURCHASE OF ROTATING
PRODUCTS BUSINESS FROM COOPER CAMERON
Rolls-Royce plc, the civil aerospace, defence, marine and energy group, has
completed the purchase of the rotating products interests of Cooper Energy
Services (CES), part of Cooper Cameron Corporation (NYSE:CAM), following formal
regulatory approval.
Rolls-Royce announced the acquisition, for $180 million, in August. The
business, based in Mount Vernon, Ohio, will now be named Rolls-Royce Energy
Systems Inc. The purchase also gives Rolls-Royce 100 per cent ownership of the
joint venture company, Cooper Rolls.
The acquisition is expected to enhance the earnings of Rolls-Royce in the first
full year of operation. It is consistent with the company's strategy to grow its
global energy business by providing solutions for customers in the power
generation and oil and gas markets. Rotating compression and control equipment
is widely used in the oil and gas industry worldwide - both on and offshore -
for natural gas gathering, processing, storage and transmission.
NOTE TO EDITORS
Rolls-Royce plc is a global company meeting present and future requirements of
civil aerospace, defence, marine and energy markets, with facilities in 14
countries. Its core gas turbine technology has created one of the broadest
product ranges of aero engines in the world, with 55,000 engines in service with
300 airlines, 2,400 corporate and utility operators and more than 100 armed
forces, powering both fixed and rotary wing aircraft. In addition, more than 30
navies use Rolls-Royce propulsion. Energy markets include the oil and gas
industry and power generation.
Rolls-Royce, the pioneer of gas turbine technology for aerospace, power
generation and marine propulsion, is today involved in the major future programs
in these fields, including the Trent aero and industrial engines, combat engines
for the Eurofighter Typhoon and Joint Strike Fighter, and the WR21 marine
engine.
<PAGE> 2
FOR FURTHER INFORMATION PLEASE CONTACT
IAN CAMERON
Communications Manager
Rolls-Royce plc
Tel: +44 1332 248906
Fax: +44 1332 248972
e-mail: [email protected]
BILL O'SULLIVAN
Communications Manager
Rolls-Royce North America
Tel: (703) 834-1700 ext. 6005
Fax: (703) 709-6087
e-mail: bo'[email protected]
CHRIS SPRINGHAM
Director-Media Relations
Rolls-Royce plc
Tel: +44 171 227 9289
Fax: +44 171 227 9178
ROBERT N. BAUGNIET
VP Corporate Communications
Rolls-Royce North America
Tel: (703) 823-1700 ext. 6002
Fax: (703) 709-6087
Rolls-Royce website: www.rolls-royce.com
