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UNITED STATES
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): November 16, 1999
TEL OFFSHORE TRUST
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Texas 0-6910 76-6004064
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer Identification No.)
incorporation or organization)
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Chase Bank of Texas, National Association
Corporate Trust Division
712 Main Street
77002
(Address of Principal Executive Offices
and Zip Code)
(713) 216-5712
(Registrant's telephone number,
including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On November 16, 1999, Arthur Andersen LLP was dismissed as TEL Offshore
Trust's independent accountant. The decision to dismiss Arthur Andersen LLP was
approved by all of the Individual Trustees of the Trust in accordance with the
Trust Agreement.
Arthur Andersen LLP's reports for the two most recent fiscal years did
not contain an adverse opinion or a disclaimer of opinion, nor were they
qualified or modified as to uncertainty, audit scope, or accounting principles.
At no time in the two most recent fiscal years and in any subsequent interim
period preceding this dismissal were there any disagreements between the Trust
and Arthur Andersen LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, of which Arthur
Andersen LLP would have had to make reference in connection with its report.
The Trust has engaged Deloitte & Touche LLP as the principal accountant
to audit the Trust's financial statements for the 1999 fiscal year.
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(c) EXHIBITS
Exhibit No. Description
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*16.1 Letter dated November 23, 1999 from Arthur Andersen LLP to
the Securities and Exchange Commission
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* Filed herewith.
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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, thereunto duly authorized.
TEL OFFSHORE TRUST
By: Chase Bank of Texas, National
Association, Corporate Trustee
By: /S/ Pete Foster
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Pete Foster
Senior Vice President
and Trust Officer
Date: November 24, 1999
The Registrant, TEL Offshore Trust, has no principal executive officer,
principal financial officer, board of directors or persons performing similar
functions. Accordingly, no additional signatures are available and none have
been provided.
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EXHIBIT INDEX
Exhibit No. Description
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*16.1 Letter dated November 23, 1999 from Arthur Andersen LLP
to the Securities and Exchange Commission
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* Filed herewith.
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EXHIBIT 16.1
[ARTHUR ANDERSEN LETTERHEAD]
November 23, 1999
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir:
We have read the first two paragraphs of Item 4 included in the Form 8-K dated
November 16, 1999 of Tel Offshore Trust filed with the Securities and Exchange
Commission and are in agreement with the statements contained therein.
Very truly yours,
/S/ ARTHUR ANDERSEN LLP
cc: Ms. Debbie Miller, Corporate Trustee, Tel Offshore Trust
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