mdu8kacqenervest.htm
 
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 8, 2008 (January 4, 2008)
 
MDU Resources Group, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
1-3480
41-0423660
(State or other jurisdiction of
(Commission File Number)
(I.R.S. Employer Identification No.)
 incorporation)
    
 

1200 West Century Avenue
P.O. Box 5650
Bismarck, North Dakota 58506-5650
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code (701) 530-1000
 
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:
 
 
q
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
q
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
q
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
q
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Item 1.01.  Entry into a Material Definitive Agreement.

            MDU Resources Group, Inc’s. indirect wholly owned subsidiary, Fidelity Exploration & Production Company, signed a purchase and sale agreement on January 4, 2008 to acquire natural gas properties located in Rusk County, Texas from EnerVest Energy Institutional Fund IX, L.P., EnerVest Energy Institutional Fund IX-WI, L.P. (EnerVest, Ltd. is the general partner of both funds), and EverStar Energy, LLC for a purchase price of  approximately $235 million, subject to accounting and purchase price adjustments customary with acquisitions of this type.  The effective date of the acquisition is January 1, 2008, with the expected closing date to occur on or before January 31, 2008, conditioned upon completing a due diligence process, including environmental reviews, and satisfying other standard closing conditions.

 



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.


  
MDU RESOURCES GROUP, INC.
   
Date  January 8, 2008
By  /s/ Doran N. Schwartz
 
Doran N. Schwartz
 
Vice President and
 
Chief Accounting Officer