Document
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): December 5, 2017
NATURAL GAS SERVICES GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
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Colorado | | 1-31398 | | 75-2811855 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
508 West Wall Street, Suite 550
Midland, TX 79701
(Address of Principal Executive Offices)
(432) 262-2700
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address if Changed Since Last Report)
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c)).
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
o Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o
Item 8.01. Other Events.
On December 5, 2017, Natural Gas Services Group, Inc. (the "Company") issued a press release announcing its intent to construct, through its wholly owned subsidiary NGS Properties, a headquarters office building in Midland, Texas. The Company is finalizing the architectural design of the building and is currently in negotiations with a commercial construction contractor to construct the building. The building is expected to be three floors totaling approximately 45,000 square feet on just over 3.0 acres which the Company owns. Construction is expected to start as soon as the design details and construction contract are finalized.
The information in this Current Report on Form 8-K furnished pursuant to Item 8.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
.
The following exhibit is furnished with this Current Report on Form 8-K:
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Exhibit No. | Description |
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| Press Release dated December 5, 2017. |
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.
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| | NATURAL GAS SERVICES GROUP, INC. |
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Dated: December 5, 2017 | | | | |
| | By: | | /s/ Stephen C. Taylor |
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| | | | Stephen C. Taylor |
| | | | President & Chief Executive Officer |
Exhibit
Natural Gas Services Group Announces Groundbreaking Ceremony
Midland, Texas, December 5, 2017 - Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment and services to the natural gas industry, is pleased to announce the groundbreaking ceremony for its new corporate headquarters.
The ceremony will take place on December 14, 2017 at 2:45pm at the site of the new building location, 404 Veterans Airpark Lane in Midland, TX. The location is just west of Big Spring St.
Stephen Taylor, Chief Executive Officer of NGS commented: “NGS was incorporated in 1998 and has been headquartered in Midland ever since. Although the Company provides equipment and services in all major oil and gas basins in the U.S., Midland and the Permian Basin have become even more important as our home and the central location of our executive and operational staff. Considering this, we made the decision to design and construct our own permanent office facility in Midland. Not only does this signify NGS’s commitment to Midland, but it will provide our employees with a modern work environment that will foster greater teamwork and productivity.”
City and county officials will join Natural Gas Services Group’s executive officers, board of directors and the construction managers in turning the first ceremonial shovels of dirt to kick-off the building project. The building is a three-story 45,000 SF structure.
About Natural Gas Services Group, Inc.
NGS is a leading provider of natural gas compression equipment to the natural gas industry with a primary focus on the non-conventional gas and oil industry, i.e., coalbed methane, gas and oil shales and tight gas. The Company manufactures, fabricates, rents, sells and maintains natural gas compressors and flare systems for gas and oil production and plant facilities. NGS is headquartered in Midland, Texas with fabrication facilities located in Tulsa, Oklahoma and Midland, Texas and service facilities located in major gas and oil producing basins in the U.S. Additional information can be found at www.ngsgi.com.
For further information contact:
G. Larry Lawrence, Chief Financial Officer
Natural Gas Services Group, Inc.
432-262-2700 or larry.lawrence@ngsgi.com