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
March 24, 2004
Date of Report (Date of earliest event reported):
Commission File Number 0-6694
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MEXCO ENERGY CORPORATION
(Exact Name of Registrant as specified in its charter)
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Colorado 84-0627918
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(State or other jurisdiction of) (I.R.S. Employer
Identification No.)
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214 W. Texas, Suite 1101, Midland, TX 79701
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(Address of principal executive offices)
432-682-1119
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(Issuer's telephone number, including area code)
Item 5. Other Events.
Feasibility Study
On March 24, 2004, Mexco Energy Corporation issued a news release to
announce that the Company entered into agreements to begin a preliminary
feasibility study for exploration and development of natural gas reserves in
Russia.
In early April of this year, a team of U.S. and Russian experts will
commence a feasibility study of a number of undeveloped natural gas fields
located in the vicinity of Gasprom pipelines which serve Russia. This study will
be conducted over approximately a two-month period.
This agreement contemplates operations through a Russian company which
would be owned 45% by Mexco Energy Corporation, 5% by three individuals and 50%
by a Russian Corporation, Yava-Stroi. The individuals owning the 5% interest, in
equal shares are: John C. Dorn, formerly a Vice President of Forest Oil
Corporation, Arden R. Grover, a Director of Mexco Energy Corporation, and
Stephen Jenkins, a developer of oil and gas investments in Russia.
Copy of the news release is filed as Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(c) Exhibits
The following exhibit is filed as part of this Current Report of
Form 8-K:
Exhibit Number and Description
99.1 News Release dated March 24, 2004.
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.
MEXCO ENERGY CORPORATION
Date: March 24, 2004
By:/s/ Tammy L. McComic
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Vice President, Treasurer and
Chief Financial Officer