content: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 to 15(d) of the
                    Securities Exchange Act 1934
  
  
                    Date of Report: July 8, 1996
                 (Date of earliest event reported)
  
  
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
  
  
      Delaware                  1-9874                   94-2213782
    (State of other            (Commission File        (IRS Employer
     jurisdiction of            Number)                 Identification No.)
     incorporation)
  
  
  
   302 South 36th Street, Suite 400,       Omaha, NE        68131
   (Address of principal executive offices)               Zip Code
  
  
  
  
  Registrant's Telephone Number, including area code:(402) 341-4500
  
  
                           Not Applicable
    (Former name or former address, if changed from last report)
  
  
  
  Item 5.  Other Events
  
       On July 8, 1996, CalEnergy Company, Inc. ("CalEnergy") and
  Falcon Seaboard Resources, Inc. ("Falcon Seaboard") jointly
  announced that CE/FS Holding Company, Inc., a wholly owned
  subsidiary of CalEnergy ("Holding Company"), had entered into a
  definitive agreement (the "Purchase Agreement") with the
  stockholders of Falcon Seaboard for the purchase by Holding
  Company of all of the issued and outstanding shares of capital
  stock of Falcon Seaboard for a cash purchase price of
  approximately $226,000,000.  Falcon Seaboard has a significant
  ownership interest in three operating gas-fired cogeneration
  plants totalling 520MW in capacity and related natural-gas
  pipelines.  The acquisition is expected to be consummated in
  early August 1996, subject to customary closing conditions, and
  has been approved by the Federal Trade Commission and the
  Department of Justice.  Further information relating to this
  transaction is contained in the Purchase Agreement and the
  CalEnergy and Falcon Seaboard Joint Press Release of July 8,
  1996, both of which are filed as exhibits to this Report and
  incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
       (a)  Financial Statements of business being acquired: None.
  
       (b)  Pro Forma financial information: None.
  
       (c)  Exhibits:
  
                      99.1 Stock Purchase Agreement, dated as of
                 July 3, 1996, by and among CE/FS Holding Company,
                 Inc., David H. Dewhurst and all the remaining
                 owners of capital stock of Falcon Seaboard
                 Resources, Inc.
  
                      99.2 Joint Press Release of CalEnergy
                 Company, Inc. and Falcon Seaboard Resources, Inc.,
                 dated July 8, 1996.
  
                             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.
  
                           CalEnergy Company, Inc.
  
  
  
  
                          By: \s\ Douglas L. Anderson
                               Douglas L. Anderson
                               Assistant Secretary and
                               Assistant General Counsel
                               (U.S. and Corporate)
  
  
  
  
  Dated: July 11, 1996
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 3333}]
metadata_filer: {"company-data": {"conformed-name": "CALENERGY CO INC", "cik": "0000720556", "assigned-sic": "4991", "irs-number": "942213782", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09874", "film-number": "96593458"}, "business-address": {"street1": "302 S 36TH ST", "street2": "STE 400", "city": "OMAHA", "state": "NE", "zip": "68131", "phone": "4023414500"}, "mail-address": {"street1": "302 SOUTH 36TH STREET", "street2": "SUITE 400-A", "city": "OMAHA", "state": "NE", "zip": "68131"}, "former-company": {"former-conformed-name": "CALIFORNIA ENERGY CO INC", "date-changed": "19920703"}}
text: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 to 15(d) of the
                    Securities Exchange Act 1934
  
                    Date of Report: July 8, 1996
                 (Date of earliest event reported)
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
      Delaware                  1-9874                   94-2213782
    (State of other            (Commission File        (IRS Employer
     jurisdiction of            Number)                 Identification No.)
     incorporation)
  
   302 South 36th Street, Suite 400,       Omaha, NE        68131
   (Address of principal executive offices)               Zip Code
  
  Registrant's Telephone Number, including area code:(402) 341-4500
  
                           Not Applicable
    (Former name or former address, if changed from last report)
  
  Item 5.  Other Events
  
       On July 8, 1996, CalEnergy Company, Inc. ("CalEnergy") and
  Falcon Seaboard Resources, Inc. ("Falcon Seaboard") jointly
  announced that CE/FS Holding Company, Inc., a wholly owned
  subsidiary of CalEnergy ("Holding Company"), had entered into a
  definitive agreement (the "Purchase Agreement") with the
  stockholders of Falcon Seaboard for the purchase by Holding
  Company of all of the issued and outstanding shares of capital
  stock of Falcon Seaboard for a cash purchase price of
  approximately $226,000,000.  Falcon Seaboard has a significant
  ownership interest in three operating gas-fired cogeneration
  plants totalling 520MW in capacity and related natural-gas
  pipelines.  The acquisition is expected to be consummated in
  early August 1996, subject to customary closing conditions, and
  has been approved by the Federal Trade Commission and the
  Department of Justice.  Further information relating to this
  transaction is contained in the Purchase Agreement and the
  CalEnergy and Falcon Seaboard Joint Press Release of July 8,
  1996, both of which are filed as exhibits to this Report and
  incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
       (a)  Financial Statements of business being acquired: None.
  
       (b)  Pro Forma financial information: None.
  
       (c)  Exhibits:
  
                      99.1 Stock Purchase Agreement, dated as of
                 July 3, 1996, by and among CE/FS Holding Company,
                 Inc., David H. Dewhurst and all the remaining
                 owners of capital stock of Falcon Seaboard
                 Resources, Inc.
  
                      99.2 Joint Press Release of CalEnergy
                 Company, Inc. and Falcon Seaboard Resources, Inc.,
                 dated July 8, 1996.
  
                             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.
  
                           CalEnergy Company, Inc.
  
                          By: \s\ Douglas L. Anderson
                               Douglas L. Anderson
                               Assistant Secretary and
                               Assistant General Counsel
                               (U.S. and Corporate)
  
  Dated: July 11, 1996