UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): July 1, 2003
UNIT CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 1-9260 73-1283193
(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
1000 Kensington Tower,
7130 South Lewis,
Tulsa, Oklahoma 74136
(Address Of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (918) 493-7700
(Not Applicable)
(Former Name Or Former Address, If Changed Since Last Report)
ITEM 5. Other Events.
On July 1, 2003 Unit Corporation (NYSE:UNT) issued a press release
announcing it has entered into a letter of intent to acquire PetroCorp
Incorporated ("PetroCorp") (AMEX:PEX). The Press Release is attached as Exhibit
99(a) to this report.
The transaction would be valued at approximately $190,000,000 comprised of
2 million shares of Unit Corporation common stock and the remainder in cash. The
sale price is subject to normal adjustments for transactions of this type. The
transaction is dependent upon the execution of a definitive agreement and all
necessary consents including PetroCorp shareholder approval.
ITEM 7. Financial Statements and Exhibits.
(c) Exhibits
99(a) Press Release.
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.
Date: July 1, 2003
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UNIT CORPORATION
By: /s/ John G. Nikkel
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John G. Nikkel
President
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Exhibit Index
Exhibit No. Description
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99(a) Press Release, issued by Unit Corporation on July 1, 2003
announcing the letter of intent to acquire PetroCorp
Incorporated.
2