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): December 21, 2007
ENCORE ACQUISITION COMPANY
(Exact name of registrant as specified in its charter)
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| Delaware
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001-16295
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75-2759650 |
| (State or other jurisdiction
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(Commission
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(IRS Employer |
| of incorporation)
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File Number)
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Identification No.) |
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| 777 Main Street, Suite 1400, Fort Worth, Texas
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76102 |
| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (817) 877-9955
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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| Item 7.01 |
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Regulation FD Disclosure |
On December 21, 2007, Encore Acquisition Company (the “Company”) issued a press release
announcing that its Board of Directors has approved a capital budget for 2008 of $445 million
related to its drilling and development program. In addition, the Board of Directors authorized
the repurchase of up to $50 million of the Company’s common stock. The press release is furnished
as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item
7.01.
The information being furnished pursuant to Item 7.01 of this Form 8-K and in Exhibit 99.1
shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of
1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be
incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act,
except as shall be expressly set forth by specific reference in such a filing.
On December 21, 2007, the Board of Directors of the Company authorized a share repurchase
program of up to $50 million of the Company’s common stock. The shares may be repurchased from
time to time in the open market or through privately negotiated transactions. The repurchase
program is subject to business and market conditions, and may be suspended or discontinued at any
time. The share repurchase program will be funded using the Company’s available cash.
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| Item 9.01 |
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Financial Statements and Exhibits. |
The exhibit listed below is being furnished pursuant to Item 7.01 of this Form 8-K:
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99.1 |
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Press Release dated December 21, 2007. |