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 report):
July 1, 2003
PETROCORP INCORPORATED
(Exact name of registrant as specified in its charter)
Texas 0-22650 76-0380430
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
6733 South Yale, Tulsa, Oklahoma 74136
(Address of principal executive offices) (zip code)
Registrant's telephone number,
including area code:
918-491-4500
_______________________N/A_________________________
(Former name or former address, if changes since last report)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events.
On July 1, 2003 PetroCorp Incorporated ("PetroCorp") (AMEX:PEX) issued a press
release announcing it has entered into a letter of intent to be acquired by Unit
Corporation (NYSE: UNT). The Press Release is attached as Exhibit 99(a) to this
report.
The transaction would be valued at approximately $190,000,000 comprised of 2
million shares of Unit common stock and the remainder in cash. The sale price is
subject to normal adjustments for transactions of this type. The transaction is
dependent upon the execution of a definitive agreement and all necessary
consents including PetroCorp shareholder approval. Fully diluted, PetroCorp will
have approximately 13,130,000 shares outstanding.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99(a) Press Release.
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.
PETROCORP INCORPORATED
By: /s/ Steven R. Berlin
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Steven R. Berlin,
Chief Financial Officer
Date: July 1, 2003
EXHIBIT INDEX
Exhibit No. Description
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99(a) Press Release.