Escalera Resources Co. 8-K 2012
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Double Eagle Petroleum Co.
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 1.02 Termination of a Material Definitive Agreement.
As discussed in Item 5.02 below, on March 19, 2012, Steven Degenfelder resigned as our Senior Vice President, Land, effective immediately. The resignation occurred for personal reasons. As a result of the resignation, Mr. Degenfelder’s employment agreement with the Company terminated as of March 19, 2012. Pursuant to such termination, we are not obligated to pay Mr. Degenfelder severance pay or severance benefits.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 19, 2012, Steve Degenfelder resigned as our Senior Vice President, Land, effective immediately.
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.