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SEITEL INC Form 8-K: Current report, 2011

SEITEL INC Form 8-K: Current report

Filings on SEC EDGAR, newest first; amendments sit with their base form. Values are as filed.

  • 2011-11-30: Form 8-K; Period of report 2011-11-28; Description 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Details 1.01.
  • 2011-11-08: Form 8-K; Period of report 2011-11-08; Description 2.02 Results of Operations and Financial Condition; Details 2.02.
  • 2011-10-27: Form 8-K; Period of report 2011-10-24; Description 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; Details 5.02.
  • 2011-08-11: Form 8-K; Period of report 2011-08-10; Description 2.02 Results of Operations and Financial Condition; Details 2.02.
FiledFormPeriod of reportDescriptionDetailsDocument
2011-11-308-K2011-11-281.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant1.01 On November 28, 2011, Seitel, Inc. (the "Company") and Olympic Seismic Ltd. ("Olympic"), its wholly-owned Canadian subsidiary, entered into Amendment No. 1 to Credit Agreement ("Amendment No. 1"), amending the Credit Agreement, dated as of May 25, 2011, by and among the Company, Olympic, Wells Fargo Capital Finance, LLC (the "U.S. Lender") and Wells Fargo Capital Finance Corporation Canada (the "Canadian Lender," and collectively with the U.S. Lender, the "Lenders").
2.03 The information provided in Item 1.01 of this Current Report is hereby incorporated by reference into this Item 2.03.
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2011-11-088-K2011-11-082.02 Results of Operations and Financial Condition2.02 Attached as Exhibit 99.1 and incorporated herein by reference is a copy of Seitel, Inc.’s press release, dated November 8, 2011, announcing its financial results for the fiscal quarter ended September 30, 2011.d251810d8k.htm
2011-10-278-K2011-10-245.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 Peter H. Kamin resigned from his position as Chairman and from the Board of Directors (the "Board") of Seitel, Inc. (the "Company"), effective as of October 24, 2011.rrd324355.htm
2011-08-118-K2011-08-102.02 Results of Operations and Financial Condition2.02 Attached as Exhibit 99.1 and incorporated herein by reference is a copy of Seitel, Inc.’s press release, dated August 10, 2011, announcing its financial results for the fiscal quarter ended June 30, 2011.d8k.htm
2011-07-088-K2011-07-015.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 The Amended and Restated Securities Holders Agreement by and among Seitel Holdings, Inc. ("Holdings"), ValueAct Capital Master Fund, L.P., Centerbridge and the management investors identified therein, dated as of May 23, 2011, provides that while Centerbridge maintains the Ownership Percentage in Holdings specified, it is entitled to designate three directors to the Board of Directors (the "Board") of the Company, with the number of directors able to be designated by Centerbridge to be reduced if Centerbridge's interest falls below a specified threshold.rrd317583.htm
2011-06-018-K2011-05-251.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant1.01 On May 25, 2011, Seitel, Inc. (the “Company”) and Olympic Seismic Ltd. (“Olympic”), its wholly-owned Canadian subsidiary, entered into a Credit Agreement (the “Credit Facility”) with Wells Fargo Capital Finance, LLC (the “U.S. Lender”) and Wells Fargo Capital Finance Corporation Canada (the “Canadian Lender,” and collectively with the U.S. Lender, the “Lenders”).
2.03 The information provided in Item 1.01 of this Current Report is hereby incorporated by reference into this Item 2.03.
d8k.htm
2011-06-018-K2011-06-018.01 Other Events8.01 On June 1, 2011, Seitel, Inc. (the "Issuer") instructed Deutsche Bank Trust Company Americas, the trustee (the "Trustee") under the indenture governing the Issuer's 9.75% Senior Notes due 2014 (the "Notes"), to notify the holders of the Notes that the Issuer will redeem $125 million aggregate principal amount of the Notes outstanding on July 1, 2011 (the "Redemption Date") in accordance with the terms and conditions of the indenture governing the Notes.rrd313955.htm
2011-05-258-K2011-05-251.01 Entry into a Material Definitive Agreement; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events1.01 In connection with the purchase by Centerbridge Capital Partners II, L.P. and Centerbridge Capital Partners SBS II, L.P. (together with Centerbridge Capital Partners II, L.P., "Centerbridge") of a minority interest in Seitel, Inc.'s (the "Company") parent, Seitel Holdings, Inc. ("Holdings"), on May 23, 2011 (the "Minority Interest Purchase"), ValueAct Capital Management, L.P. ("ValueAct Capital Management"), Centerbridge Advisors II, L.L.C. ("Centerbridge Advisors"), the Company and Holdings have entered into an Amended and Restated Advisory Agreement (the "Advisory Agreement"), dated May 23, 2011, pursuant to which ValueAct Capital Management and Centerbridge Advisors may provide financial, advisory and consulting services to the Company.
5.02 The Amended and Restated Securities Holders Agreement (the "Securities Holders Agreement") by and among Holdings, ValueAct Capital Master Fund, L.P. ("ValueAct Capital"), Centerbridge and the management investors identified therein, dated as of May 23, 2011, provides that while Centerbridge maintains the Ownership Percentage in Holdings specified, it is entitled to designate three directors to the Board of Directors (the "Board") of the Company, with the number of directors able to be designated by Centerbridge to be reduced if Centerbridge's interest falls below a specified threshold.
8.01 On May 23, 2011, the Company issued a press release announcing the acquisition of a minority interest by Centerbridge in the Company's parent, Seitel Holdings, Inc., for an aggregate purchase price of $125 million.
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2011-05-098-K2011-05-092.02 Results of Operations and Financial Condition2.02 Attached as Exhibit 99.1 and incorporated herein by reference is a copy of Seitel, Inc.’s press release, dated May 9, 2011, announcing its financial results for the fiscal quarter ended March 31, 2011.d8k.htm
2011-03-308-K2011-03-302.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement; 8.01 Other Events2.04 Seitel, Inc. (the "Company") believes in good faith that not all conditions to occurrence of a triggering event under this Item 2.04 have occurred in connection with the excess cash flow offer reported below under Item 8.01.
8.01 On March 30, 2011, the Company offered to purchase any and all of the outstanding Notes.
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2011-03-108-K2011-03-102.02 Results of Operations and Financial Condition2.02 Attached as Exhibit 99.1 and incorporated herein by reference is a copy of Seitel, Inc.’s press release, dated March 10, 2011, announcing its financial results for the fiscal quarter ended December 31, 2010.d8k.htm