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: May 5, 2004
(Date of Earliest Event Reported: May 3, 2004)
EL PASO CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-14365 76-0568816
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification No.)
incorporation or
organization)
El Paso Building
1001 Louisiana Street
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 420-2600
Item 5. Other Events and Regulation FD Disclosure
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This report on Form 8-K is being filed to clarify an issue
raised in press reports. Haynes and Boone, L.L.P., an independent
law firm hired by the Audit Committee of our Board of Directors,
reviewed El Paso's reserve reporting process for the period from 1999
through 2003. As a result of that review, Haynes and Boone instructed
our Audit Committee that their review did not find any problems with
El Paso's reserve reporting process in place in 1999 and 2000, which
largely consisted of the reserves acquired from Sonat Inc.
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 thereunto duly authorized.
EL PASO CORPORATION
By: /s/Jeffrey I. Beason
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Jeffrey I. Beason
Senior Vice President
and Controller
(Principal Accounting Officer)
Dated: May 5, 2004