Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
UPL > SEC Filings for UPL > Form 8-K on 19-Aug-2014All Recent SEC Filings

Show all filings for ULTRA PETROLEUM CORP

Form 8-K for ULTRA PETROLEUM CORP


19-Aug-2014

Entry into a Material Definitive Agreement, Regulation FD Disclosure


Item 1.01 Entry into a Material Definitive Agreement

On August 13, 2014, Ultra Petroleum Corp. (the "Company") entered into a purchase and sale agreement (the "PSA") with SWEPI LP, an affiliate of Royal Dutch Shell, plc ("Shell"). Under the PSA, the Company will acquire all of Shell's Pinedale field properties in exchange for a portion of the Company's Marcellus Shale properties and cash consideration of $925.0 million. The Company paid $25.0 million to Shell as a performance deposit in connection with the transaction. The PSA contains representations and warranties, covenants, indemnification provisions, and closing adjustments that are typical for this type of transaction. The transaction has an effective date of April 1, 2014, and the Company expects it to close during the third quarter of 2014. This summary of the PSA does not purport to be complete and is qualified in its entirety by reference to the PSA, a copy of which is attached as Exhibit 1.1 and is incorporated into this Item 1.01 by reference.



Item 7.01 Regulation FD Disclosure

On August 14, 2014, the Company issued a news release announcing that the Company had entered into the PSA. A copy of the news release is attached as Exhibit 99.1and incorporated into this Item 7.01 by reference.

The information presented in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into any filing under the Securities Act or 1933, as amended, except as expressly set forth in such filing.

Item 9.01 Regulation FD Disclosure

A. Exhibits

Exhibit No. Description
1.1 Purchase and Sale Agreement dated August 13, 2014
99.1 News Release dated August 14, 2014

Page 1 of 2

  Add UPL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for UPL - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.