Tengasco, Inc. (NYSEMKT:TGC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
Item 8.01 Other Events.
Item 9.01 Financial Statements and Exhibits.
The Annual Meeting of Stockholders (the “Annual Meeting”) of
Tengasco, Inc. (the Company) was held on December 6, 2016 for the
purpose of considering and voting on: (1) electing Matthew K.
Behrent, Hughree F. Brooks, Peter E. Salas, and Richard M. Thon
to the Board of Directors to hold office until their successors
shall have been elected and qualify; and (2) ratifying the
appointment by the Board of Directors of Hein Associates LLP to
serve as the independent certified public accountants for the
current fiscal year.
At the close of business on October 17, 2016, the record date for
the determination of stockholders entitled to vote at the Annual
Meeting, there were 6,097,723 shares of the Companys common stock
issued and outstanding and entitled to vote at the Annual
Meeting. The holders of 5,275,289 shares of the Companys common
stock were represented in person or by proxy at the Annual
Meeting, constituting a quorum.
All of the nominated directors were elected as follows:
|
(1) Election of Directors: |
FOR: |
WITHHELD: |
BROKER NON-VOTE |
|
Matthew K. Behrent |
2,591,779 |
63,072 |
2,679,879 |
|
Hughree F. Brooks |
2,522,388 |
82,463 |
2,679,879 |
|
Peter E. Salas |
2,390,520 |
214,331 |
2,679,879 |
|
Richard M. Thon |
2,522,988 |
81,863 |
2,679,879 |
(2) The proposal to ratify appointment of Hein Associates LLP as
the Companys independent certified public accountants for Fiscal
2015 was approved as follows:
|
For: 5,018,233 |
Against: 89,832 |
Abstain: 177,750 |
A copy of the presentation made at the Annual Meeting is attached
as an exhibit to this Report and is reported under Item 8.01,
Other Events.
The information in this Form 8-K shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934
(the Exchange Act) or otherwise subject to the liabilities of
that section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933 or the Exchange Act,
except as expressly set forth by specific reference in such a
filing.
Item 9.01 |
Financial Statements and Exhibits |
Exhibits
99.1 |
Presentation Made at Annual Shareholders Meeting on
December 6, 2016 |
About Tengasco, Inc. (NYSEMKT:TGC)
Tengasco, Inc. is engaged in the business of exploration for and production of oil and natural gas. The Company’s area of oil exploration and production is in Kansas. The Company’s subsidiary, Manufactured Methane Corporation (MMC) operates treatment and delivery facilities in Church Hill, Tennessee, for the extraction of methane gas from a landfill for eventual sale as natural gas and for the generation of electricity. The principal markets for the Company’s crude oil are local refining companies. The Company holds a working interest in over 210 gross wells. The Company’s operated properties in Kansas are located in central Kansas and include approximately 180 producing oil wells, approximately 30 shut-in wells and approximately 40 active disposal wells (the Kansas Properties). The Company maintains a working interest in most of its wells and undrilled acreage in Kansas. The terms for most of the Company’s leases in Kansas range from 3 to 5 years. Tengasco, Inc. (NYSEMKT:TGC) Recent Trading Information
Tengasco, Inc. (NYSEMKT:TGC) closed its last trading session up +0.013 at 0.750 with 45,887 shares trading hands.