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 February 19, 2003 -------------------------------------------------- (Date of Report - Date of earliest event reported) KERR-McGEE CORPORATION ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-16619 73-1612389 ---------------- ------------------------ -------------------- (State of (Commission File Number) (IRS Employer Incorporation) Identification No.) Kerr-McGee Center Oklahoma City, Oklahoma 73125 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) (405) 270-1313 ------------------------------- (Registrant's telephone number) Item 9. Regulation FD Disclosure On February 19, 2003, Kerr-McGee Corporation will hold a security analyst meeting to discuss its financial and operating outlook for 2003. During the meeting, the company will discuss certain expectations for oil and natural gas production volumes for the year 2003. A table providing the projection ranges of 2003 average daily oil and natural gas production is furnished below. Kerr-McGee Corp. Projected Daily Average Production Volumes As of February 2003 2003 Production Forecast ----------------------------------------------------------------------------------------------------- 1-Qtr 2-Qtr 3-Qtr 4-Qtr Year -------------------- --------------------- --------------------- ----------------- ----------------- Crude Oil (BOPD) Onshore 20,500 - 22,000 19,000 - 21,000 18,000 - 20,000 18,000 - 19,500 18,900 - 20,600 Offshore 54,000 - 58,000 52,000 - 57,500 51,000 - 56,000 49,000 - 54,000 51,500 - 56,400 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ U.S. 74,500 - 80,000 71,000 - 78,500 69,000 - 76,000 67,000 - 73,500 70,400 - 77,000 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ North Sea 73,000 - 81,000 63,000 - 70,000 68,000 - 75,500 64,000 - 71,000 67,000 - 74,400 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ Other International 3,000 - 4,000 3,000 - 4,000 3,000 - 4,000 3,000 - 4,000 3,000 - 4,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- Total 150,500 - 165,000 137,000 - 152,500 140,000 -155,500 134,000 - 148,500 140,400 -155,400 ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= Natural Gas (MMCF/D) 1-Qtr 2-Qtr 3-Qtr 4-Qtr Year ------------------- -------------------- -------------------- -------------------- ----------------- Onshore 365 - 400 350 - 390 335 - 375 330 - 370 345 - 384 Offshore 265 - 290 250 - 280 245 - 275 245 - 275 251 - 280 --- --- --- --- --- --- --- --- --- --- U.S. 630 - 690 600 - 670 580 - 650 575 - 645 596 - 664 --- --- --- --- --- --- --- --- --- --- North Sea 95 - 110 85 - 100 90 - 105 95 - 110 91 - 106 -- --- -- --- -- --- -- --- -- --- Other International 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 -- -- -- -- -- -- -- -- -- -- Total 725 - 800 685 - 770 670 - 755 670 - 755 687 - 770 === === === === === === === === === === BOE/D 271,300 - 298,300 251,200 - 280,800 251,700 - 281,300 245,700 - 274,300 254,900 - 283,700 ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ** Cautionary Statement Concerning Forward-Looking Statements ** The information contained in this table regarding Kerr-McGee's projected production volume forecasts are only estimated projections that may or may not occur in the future, and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Future results and developments set forth in this statement may be affected by numerous uncertainties, factors and risks, such as but not limited to the accuracy of the assumptions that underlie the statement, the success of the oil and gas exploration and production program, drilling risks, market value of oil and gas, uncertainties in interpreting engineering data, general economic conditions and other factors and risks discussed in Kerr-McGee's SEC filings. Actual results and developments may differ materially from those expressed or implied in this statement. Therefore, the information contained in this statement may not be accurate. Kerr-McGee does not undertake to update, revise or correct any of the forward-looking information. 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 hereunto duly authorized. KERR-MCGEE CORPORATION By: (John M. Rauh) ------------------------------ John M. Rauh Vice President and Controller Dated: February 19, 2003