8-KThe WireRoutine
Company Update
Filed May 8, 2020 · 6y ago · Accession 0001193125-20-137274
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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) May 4, 2020
PrimeEnergy Resources Corporation
(Exact name of registrant as specified in its charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-7406
84-0637348
(Commission File Number)
(IRS Employer Identification No.)
9821 Katy Freeway, Houston, Texas 77024
(Address of principal executive offices)
Registrants telephone number, including area code
713-735-0000
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 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
PRIMEENERGY RESOURCES CORPORATION
Item 8.01 Other Events
Relying on the SEC
Order for Reporting Relief
PrimeEnergy Resources Corporation, makes the following disclosure pursuant to an order issued by the U.S. Securities
and Exchange Commission (the SEC) on March 4, 2020, as modified and superseded by a new SEC order issued on March 25, 2020, providing conditional relief to public companies that are unable to timely comply with their filing
obligations as a result of the novel coronavirus (COVID-19) outbreak (the SEC Order).
The current
outbreak of COVID-19 has posed a significant impact on the Companys ability to file on a timely basis its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2020 (the Quarterly Report) that is due May 15, 2020 (the Original Due Date), and therefore the Company elected to rely on the conditional filing relief provided under the SEC Order.
The current outbreak of the COVID-19 novel coronavirus, has caused a delay in the Companys ability to
consolidate and analyze its financial statements for the preparation of its quarterly report on Form 10-Q. The sudden mandated closing of schools in the state of Texas as well as employees with health concerns
resulted in an unplanned disruption of personnel available. We have decided to rely on the SEC Order and endeavor to file the Quarterly Report no later than June 29, 2020, or within 45 days after the Original Due Date.
COVID-19 Risk Factor
The current outbreak of COVID-19 has caused an adverse effect on our business operations. The Company has already
experienced restrictions on employees to travel, temporary closures of locations, state mandated closing of schools as well as personnel shortage. In addition, COVID-19 has resulted in a widespread health
crisis that has adversely affected the economies of the world and therefore is having a negative effect on oil prices. The management has been closely monitoring the impact caused by COVID-19 and we will
continue to operate our business as steadily and safely as we can.
SIGNATURES
Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this current report to be signed on its
behalf by the undersigned, thereto duly authorized.
Dated: May 8, 2020
PrimeEnergy Resources Corporation
By:
/s/ Beverly A. Cummings
Name:
Beverly A. Cummings
Executive Vice President
Filing details
- Company
- PRIMEENERGY RESOURCES CORP
- Ticker
- PNRG
- CIK
- 56868
- Form type
- 8-K
- Filing date
- May 8, 2020
- Report date
- May 4, 2020
- Document
- d929687d8k.htm
- Size
- 16 KB