UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
OMB APPROVAL
OMB Number: 3235-0060
Expires: March 31, 2006
Estimated average burden
hours per response.........28.0
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): July 5, 2005 (June 28, 2005)
CRIMSON EXPLORATION INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-12108 87-0444770
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
480 N. Sam Houston Parkway E., Suite 300, Houston Texas 77060
(Address of Principal Executive Offices)
(281) 820-1919
(Registrant's telephone number, including area code)
GulfWest Energy Inc.
(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. below):
[] 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 14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
================================================================================
1
Item 1.01 Entry into a Material Definitive Agreement.
See Item 8.01 of this Current Report on Form 8-K with respect to
the Agreement and Plan of Merger between GulfWest Energy Inc., a Texas
corporation ("GulfWest"), and the Registrant, formerly GulfWest's wholly-owned
subsidiary, Crimson Exploration Inc., a Delaware corporation ("Crimson").
Item 8.01 Other Events.
On June 29, 2005, GulfWest merged with and into Crimson for the
purpose of changing GulfWest's state of incorporation from Texas to Delaware
(the "Reincorporation"). The Reincorporation was accomplished pursuant to an
Agreement and Plan of Merger, dated June 28, 2005, which was approved by
GulfWest's shareholders at the 2005 Annual Shareholders' Meeting held June 1,
2005, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein
by reference. As a result of the Reincorporation, each share of GulfWest common
stock was converted into one corresponding and substantially identical share of
Crimson common stock, and each share of each series of GulfWest preferred stock
was converted into one corresponding and substantially identical share of such
series of Crimson preferred stock. All outstanding options, warrants and other
rights outstanding at the time of the Reincorporation entitled to receive upon
exercise or conversion shares of GulfWest common stock now represent the right
to receive an identical number of shares of Crimson common stock. Each
certificate representing shares of capital stock of GulfWest now represents the
same number and kind of shares of capital stock of Crimson. Crimson common stock
initially traded on the Over-the-Counter Bulletin Board under GulfWest's symbol,
"GULF," but began trading under the symbol "CXPI" on July 1, 2005. Crimson
issued a press release regarding the Reincorporation on June 30, 2005, which is
attached as Exhibit 99.1 and incorporated herein by reference.
Pursuant to Rule 12g-3(a) of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), the common stock of Crimson, par value $0.001
per share ("Common Stock"), is deemed to be registered under Section 12(g) of
the Exchange Act.
Crimson's currently effective certificate of incorporation
(including certificates of designation, preferences and rights of Crimson's
preferred stock), bylaws and form of stock certificate for the Common Stock are
attached hereto as Exhibits 3.1-3.6, 3.7 and 3.8, respectively.
2
Item 9.01 Financial Statements and Exhibits.
Exhibits
------------------------------------------------------------ ---------------------------------------------------------
Exhibit Number Description
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.1 Agreement and Plan of Merger, dated June 28, 2005, between the
Registrant and GulfWest Energy Inc.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.2 Certificate of Incorporation of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.3 Certificate of Designation, Preferences and Rights of
the Series D Preferred Stock of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.4 Certificate of Designation, Preferences and Rights of
the Cumulative Convertible Preferred Stock, Series E,
of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.5 Certificate of Designation, Preferences and Rights of
the Series G Convertible Preferred Stock of the
Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.6 Certificate of Designation, Preferences and Rights of
the Series H Convertible Preferred Stock of the
Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.7 Bylaws of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.8 Form of Common Stock certificate.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 99.1 Press Release dated June 30, 2005
------------------------------------------------------------ ---------------------------------------------------------
3
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.
CRIMSON EXPLORATION INC.
Date: July 5, 2005 /s/_Allan D. Keel
--------------------------------------
Allan D. Keel
President and Chief Executive Officer
4
Exhibit Index
------------------------------------------------------------ ---------------------------------------------------------
Exhibit Number Description
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.1 Agreement and Plan of Merger, dated June 28, 2005, between the
Registrant and GulfWest Energy Inc.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.2 Certificate of Incorporation of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.3 Certificate of Designation, Preferences and Rights of
the Series D Preferred Stock of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.4 Certificate of Designation, Preferences and Rights of
the Cumulative Convertible Preferred Stock, Series E,
of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.5 Certificate of Designation, Preferences and Rights of
the Series G Convertible Preferred Stock of the
Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.6 Certificate of Designation, Preferences and Rights of
the Series H Convertible Preferred Stock of the
Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.7 Bylaws of the Registrant.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 3.8 Form of Common Stock certificate.
------------------------------------------------------------ ---------------------------------------------------------
------------------------------------------------------------ ---------------------------------------------------------
Exhibit 99.1 Press Release dated June 30, 2005
------------------------------------------------------------ ---------------------------------------------------------
5