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): January 4, 2010 (December 30,
2009)
TETON
ENERGY CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
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001-31679
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84-1482290
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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600
17th Street, Suite 1600 North
Denver,
CO
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80202
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (303) 565-4600
N/A
(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:
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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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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o
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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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INFORMATION
ABOUT FORWARD-LOOKING STATEMENTS
This
Current Report on Form 8-K of Teton Energy Corporation (“Teton,” the “Company,”
“we,” “us” or “our”), and the documents incorporated herein by reference,
contain both historical and “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Forward-looking statements,
written, oral or otherwise made, represent the Company’s expectation or belief
concerning future events. All statements, other than statements of historical
fact, are or may be forward-looking statements. For example, statements
concerning projections, predictions, expectations, estimates or forecasts, and
statements that describe our objectives, future performance, plans or goals are,
or may be, forward-looking statements. These forward-looking statements reflect
management’s current expectations concerning future results and events and can
generally be identified by the use of words such as “may,” “will,” “should,”
“could,” “would,” “likely,” “predict,” “potential,” “continue,” “future,”
“estimate,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” and
other similar words or phrases, as well as statements in the future
tense.
Forward-looking
statements involve known and unknown risks, uncertainties, assumptions, and
other important factors that may cause our actual results, performance, or
achievements to be different from any future results, performance and
achievements expressed or implied by these statements. The following important
risks and uncertainties could affect our future results, causing those results
to differ materially from those expressed in our forward-looking
statements:
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·
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our inability to continue
business operations during the Chapter 11
proceeding;
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·
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our ability to obtain court
approval of our plan of reorganization and various other motions we have
filed and expect to file as part of the Chapter 11
proceeding;
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·
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our ability to consummate our
plan of reorganization as currently
planned;
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·
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risks associated with third
party motions in the Chapter 11 proceeding, which may interfere with our
reorganization as currently
planned;
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·
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our ability to
close the Plan
Sponsorship Agreement;
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·
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the potential adverse effects
of the Chapter 11 proceeding on our liquidity and results of
operations;
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·
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our ability to retain and
motivate key executives and other necessary personnel while seeking to
implement our plan of
reorganization;
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·
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General economic and political
conditions, including governmental energy policies, tax rates or policies,
inflation rates and constrained credit
markets;
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·
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The market price of, and
supply/demand balance for, oil and natural
gas;
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·
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Our success in completing
development and exploration activities, when and if we are able to resume
those activities;
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·
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Expansion and other
development trends of the oil and gas
industry;
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·
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Acquisitions and other
business opportunities that may be presented to and pursued by
us;
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·
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Our ability to integrate our
acquisitions into our company structure;
and
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·
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Changes in laws and
regulations.
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These
factors are not necessarily all of the important factors that could cause actual
results to differ materially from those expressed in any of our forward-looking
statements. Other factors, including unknown or unpredictable ones could also
have material adverse effects on our future results.
The
forward-looking statements included in this Current Report are made only as of
the date set forth on the front of the document. We expressly disclaim any
intent or obligation to update any forward-looking statements to reflect new
information, subsequent events, changed circumstances, or
otherwise.
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Item
7.01
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Regulation
FD Disclosure
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Additional
information about Teton’s reorganization, including access to Bankruptcy Court
documents and other general information about the Chapter 11 cases, is available
at http://tetonenergyreorganization.com/.
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Item 8.01
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Other
Events.
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On
December 30, 2009, an Order Modifying Certain Dates in Connection with
Solicitation of Votes to Accept or Reject Plan and Hearing on Confirmation of
Plan (the “Order”) was entered by the Bankruptcy Court for the District of
Delaware (the “Bankruptcy Court”) in the reorganization proceedings under
Chapter 11 of the United States Code of Teton Energy Corporation and its
subsidiaries, filed in the Bankruptcy Court on November 8, 2009 (Case No.
09-13946 et
seq.).
Pursuant
to the Order, certain dates were rescheduled, including the deadline for
solicitation of votes to accept or reject the Plan of Reorganization, which has
been extended from January 4, 2010 at 4:00 p.m. EST to January 11, 2010 at 4:00
at p.m. EST, and the confirmation hearing, which has been rescheduled from
January 8, 2010 at 9:30 a.m. EST to January 15, 2010 at 2:00 p.m.
EST.
SIGNATURE
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.
Dated:
January 4, 2010
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TETON
ENERGY CORPORATION
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By:
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/s/
Jonathan Bloomfield
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Jonathan
Bloomfield
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Executive
Vice President and Chief Financial Officer
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