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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 of 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 23, 1999
Chevron Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-368-2 94-0890210
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer No.)
of incorporation )
575 Market Street, San Francisco, CA 94105
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 894-7700
NONE
(Former name or former address, if changed since last report)
Item 5. Other Events.
On June 23, 1999, Chevron Corporation issued a press release announcing
its intent to petition the U.S. Supreme Court to hear the Cities Service
case as a result of the Oklahoma Supreme Court's decision not to
reconsider its previous ruling.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press Release of Chevron Corporation dated June 23, 1999, entitled
"CHEVRON TO PETITION U.S. SUPREME COURT TO HEAR CITIES SERVICE CASE."
SIGNATURE
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.
Dated: June 24, 1999
CHEVRON CORPORATION
By
/s/ S.J. Crowe
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S. J. Crowe, Comptroller
(Principal Accounting Officer
and Duly Authorized Officer)
Exhibit 99.1
FOR IMMEDIATE RELEASE
CHEVRON TO PETITION U.S. SUPREME COURT
TO HEAR CITIES SERVICE CASE
SAN FRANCISCO, June 23 -- Chevron Corp. today announced its intent to
petition the U.S. Supreme Court to hear the Cities Service case as a result of
the Oklahoma Supreme Court's decision yesterday not to reconsider its previous
ruling. The state Supreme Court, on March 2, upheld a trial court's damage award
of $742 million in a breach of contract action.
"Chevron is disappointed with the Oklahoma Supreme Court's decision," said
Chevron Chairman Ken Derr. "We feel there were numerous errors in the trial
proceedings and believe the U.S. Supreme Court, after reviewing the case, will
reverse."
The case dates back to 1982 when Cities Service Co., a Tulsa oil
company, filed suit against Gulf Oil Corp. after Gulf terminated an agreement to
merge with Cities, which was trying to avoid a hostile takeover by Mesa
Petroleum. Cities Service was subsequently acquired by Occidental Petroleum in
1982 and Gulf was acquired by Chevron in 1984.
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6/23/99
Contact: Dawn Soper - (415) 894-4447