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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) NOVEMBER 15, 2002
NUEVO ENERGY COMPANY
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 76-0304436
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
1021 MAIN, SUITE 2100, HOUSTON, TEXAS 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 652-0706
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ITEM 5. OTHER EVENTS
This current report on Form 8-K files our re-audited financial
statements and reflects no change to our previously reported net income. The
re-audit was completed by our new auditors, KPMG, LLP, as Arthur Andersen who
initially audited our 2001 financial statements is no longer able to perform
such an audit. Although the financial statements reflect no change in net
income, there have been reclassifications in revenue, lease operating expense
and depletion, depreciation and amortization. The reclassifications were due to:
o The presentation of properties which were sold in 2002 as
discontinued operations. Pursuant to Statement of Financial
Accounting Standards ("SFAS") 144 which became effective January 1,
2002, all components of an entity with operations that can be
distinguished from the rest of the entity and that will be eliminated
from the ongoing operations of the entity in a disposal transaction
be presented as discontinued operations.
o Reclassification of gas used in operations.
o Certain subsequent events have been added to the disclosures.
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ITEM 7. EXHIBITS
(a) EXHIBITS
23.1 Consent of independent auditors.
99.1 Financial Statements for the years ended December 31, 2001,
2000 and 1999.
99.2 Management's Discussion and Analysis of Financial Condition and
Results of Operations.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
NUEVO ENERGY COMPANY
(Registrant)
Date: November 15, 2002 /s/ James L. Payne
By: _________________________________
James L. Payne
Chairman, President and Chief
Executive Officer
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INDEX TO EXHIBITS
23.1 Consent of independent auditors.
99.1 Financial Statements for the years ended December 31, 2001,
2000 and 1999.
99.2 Management's Discussion and Analysis of Financial Condition and
Results of Operations.