UNITED
STATES
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)
February
18, 2010 (February 18, 2010)
St.
Mary Land & Exploration Company
(Exact
name of registrant as specified in its charter)
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Delaware
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001-31539
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41-0518430
|
|
(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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1776
Lincoln Street, Suite 700, Denver, Colorado 80203
(Address
of principal executive
offices) (Zip
Code)
Registrant’s
telephone number, including area code: (303) 861-8140
Not
applicable
(Former
name or former address, if changed since last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2.):
[_]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[_]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[_]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
8.01 Other
Events.
On
February 18, 2010, St. Mary Land & Exploration Company (“St. Mary”)
announced that it completed the previously announced divestiture of non-core
properties in Wyoming to Legacy Reserves Operating LP, a wholly-owned subsidiary
of Legacy Reserves LP. The cash received, before commission costs, at
closing was $118.7 million, which reflects customary closing adjustments to
account for activity between the effective and closing dates. St.
Mary intends to use the proceeds to pay down outstanding bank borrowing under
its revolving credit facility. A copy of the press release announcing
the completion of the divestiture is filed as Exhibit 99.1 to this report and
incorporated by reference herein.
Item
9.01 Financial
Statements and Exhibits.
(d) Exhibits. The following exhibits
are filed or furnished as part of this report:
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Exhibit
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Description
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99.1
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Press
release of St. Mary Land & Exploration Company dated February 18,
2009, entitled St. Mary Announces Closing of Wyoming Oil Property
Divestiture
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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.
ST. MARY LAND & EXPLORATION
COMPANY
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Date:
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February
18, 2010
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By:
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/s/ MARK T. SOLOMON
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Mark
T. Solomon
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Controller
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