<html>

<head>
<meta name="GENERATOR" content="Microsoft FrontPage 4.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<title>Arkansas 71</title>
</head>

<body>

<font SIZE="2">
<table border="0" cellpadding="0" cellspacing="0" width="100%" height="651">
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="20">As filed with the Securities and
      Exchange Commission on October 23, 2002.&nbsp;&nbsp; Registration No. 333-</td>
  </tr>
  <tr>
    <td width="20%" style="border-top: 2 ridge #000000" height="21">&nbsp;</td>
    <td width="20%" style="border-top: 2 ridge #000000" height="21">&nbsp;</td>
    <td width="20%" style="border-top: 2 ridge #000000" height="21">&nbsp;</td>
    <td width="20%" style="border-top: 2 ridge #000000" height="21">&nbsp;</td>
    <td width="20%" style="border-top: 2 ridge #000000" height="21">&nbsp;</td>
  </tr>
  <tr>
    <td width="100%" colspan="5" align="center" height="21">UNITED STATES </td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">SECURITIES AND EXCHANGE COMMISSION</td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">Washington, D.C. 20549</td>
  </tr>
  <tr>
    <td width="20%" height="23"></td>
    <td width="20%" height="23"></td>
    <td width="20%" height="23">
      <p style="border-top: 2 ridge #000000"></td>
    <td width="20%" height="23"></td>
    <td width="20%" height="23"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center"><b>FORM S-8</b></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</td>
  </tr>
  <tr>
    <td width="20%" height="23"></td>
    <td width="20%" height="23"></td>
    <td width="20%" height="23">
      <p style="border-bottom: 2 ridge #000000"></td>
    <td width="20%" height="23"></td>
    <td width="20%" height="23"></td>
  </tr>
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center"><b>SOUTHWESTERN ENERGY COMPANY</b></td>
  </tr>
</font>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center"><font size="1">(Exact name of registrant as specified in its charter)</font></td>
  </tr>
<font SIZE="2">
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="40%" colspan="2" height="21">
      <p align="center">Arkansas</td>
    <td width="20%" height="21"></td>
    <td width="40%" colspan="2" height="21">
      <p align="center">71-0205415</td>
  </tr>
  <tr>
    <td width="40%" colspan="2" height="40" style="font-size: 8pt">
      <p align="center">(State or other jurisdiction of incorporation<br>
      or organization)</td>
    <td width="20%" height="40"></td>
    <td width="40%" colspan="2" height="40" style="font-size: 8pt">
      <p align="center">(I.R.S. employer identification no.)<br>
    </td>
  </tr>
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">2350 N. Sam Houston Pkwy. E., Suite 300</td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">Houston, Texas 77032</td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21" style="font-size: 8pt">
      <p align="center">(Address of principal executive offices including zip
      code)</td>
  </tr>
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center"><b>Employee Stock Option and Restricted Stock Agreements</b></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21" style="font-size: 8pt">
      <p align="center">(Full title of the plan)</td>
  </tr>
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21">
      <p style="border-bottom: 2 ridge #000000"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="21">
      <p align="center">Mark K. Boling</td>
  </tr>
  <tr>
    <td width="100%" height="19" colspan="5">
      <p align="center">2350 N. Sam Houston Pkwy. E., Suite 300</td>
  </tr>
  <tr>
    <td width="100%" height="21" colspan="5" align="center">Houston, Texas 77032</td>
  </tr>
  <tr>
    <td width="100%" height="21" colspan="5">
      <p align="center">(281) 618-4700</td>
  </tr>
  <tr>
    <td width="100%" height="21" colspan="5" style="font-size: 8pt">
      <p align="center">(Name, address and telephone number, including area
      code, of agent for service)</td>
  </tr>
  <tr>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
    <td width="20%" height="21"></td>
  </tr>
  <tr>
    <td width="100%" height="21" colspan="5">
      <p align="center">CALCULATION OF REGISTRATION FEE</td>
  </tr>
  <tr>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center"><br>
      <br>
      Title of securities<br>
      to be registered</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center"><br>
      <br>
      Amount to be<br>
      registered (1)(2)</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center">Proposed <br>
      maximum<br>
      offering price<br>
      per share</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center">Proposed<br>
      Maximum<br>
      Aggregate<br>
      offering price (3)</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center"><br>
      Amount of <br>
      registration<br>
      fee</td>
  </tr>
  <tr>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center"><br>
      Common Stock<br>
      $.10 par value</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center"><br>
      212,600 shares<br>
    </td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center">(3)</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center">$2,252,511</td>
    <td width="20%" height="21" style="border-left-style: double; border-right-style: double; border-top-style: double; border-bottom: 1 double #000000">
      <p align="center">$207.23</td>
  </tr>
</table>
<blockquote>
  <p ALIGN="JUSTIFY">(1) Pursuant to Rule 416, this Registration Statement also
  covers such indeterminable number of additional shares of common stock as may
  become issuable pursuant to terms designed to prevent dilution resulting from
  stock splits, stock dividends, merger or combination or similar events.</p>
  <p ALIGN="JUSTIFY">(2) Each share is accompanied by a common stock purchase
  right pursuant to the Amended and Restated Rights Agreement, dated April 12,
  1999, with EquiServe Trust Company, N.A., as Rights Agent.</p>
  <p ALIGN="JUSTIFY">(3) Estimated solely for the purpose of calculating the
  registration fee in accordance with Rule 457 based on (a) an aggregate of
  62,750 shares presently subject to stock options at a weighted average
  exercise price of $10.44 per share and (b) the average of the high and low
  sale prices reported on the New York Stock Exchange on October 21, 2002, of
  $10.66 per share with respect to the resale of 149,850 shares awarded under
  restricted stock agreements.</p>
</blockquote>
</font>
<p ALIGN="JUSTIFY" style="border-bottom: 1 ridge #000000">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER">EXPLANATORY NOTE</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">This Registration Statement relates to (i) 62,750 shares of
common stock issuable pursuant to stock option agreements granted to certain
employees and (ii) 149,850 shares of common stock previously issued to certain
employees under restricted stock agreements and which may be resold by such
employees pursuant to the prospectus filed as a part of this Registration
Statement. Pursuant to the Note to Part I of Form S-8, the information relating
to the Plan specified by Part I of Form S-8 has been omitted. The prospectus
filed as a part of this Registration Statement, referred to as the reoffer
prospectus, has been prepared in accordance with the requirements of Part I of
Form S-3 pursuant to the Instructions to Form S-8. There offer prospectus may be
used for reofferings and resales of shares of the Company's common stock which
are deemed to be restricted securities under the Securities Act.</p>
<p ALIGN="JUSTIFY" style="border-bottom: 1 ridge #000000">&nbsp;</p>
<p>PROSPECTUS</p>
<b><font SIZE="5">
<p ALIGN="CENTER">Southwestern Energy Company</p>
</font>
<p ALIGN="CENTER">&nbsp;</p>
<font SIZE="4">
<p ALIGN="CENTER">149,850 Shares of Common Stock</p>
</font></b>
<p>This prospectus relates to up to 149,850 shares of common stock of
Southwestern Energy Company which may be offered for resale by certain of our
employees identified in this prospectus. The shares have been acquired by the
selling shareholders through awards of shares under individual restricted stock
agreements.</p>
<p>The selling shareholders may sell their shares at prices prevailing on the
New York Stock Exchange on the date of sale, prices relating to prevailing
market prices or negotiated prices. We will not receive any of the proceeds from
the sale of the shares by the selling shareholders. All expenses of registration
incurred in connection herewith are being borne by us, however, all selling
commissions and other expenses incurred by any selling shareholder in connection
with the sale of shares will be borne by the selling shareholder.</p>
<p>The selling shareholders and any broker or dealer participating in the sale
of shares on behalf of the selling shareholders may be deemed to be
&quot;underwriters&quot; within the meaning of the Securities Act of 1933, in
which case any profit on the sale of shares by them or commissions received by
such broker or dealer may be deemed to be underwriting compensation under the
Securities Act of 1933.</p>
<p>Our common stock is listed on the New York Stock Exchange under the symbol
&quot;SWN.&quot; The last reported sale price of our common stock on the New
York Stock Exchange on October 22, 2002, was $11.40.</p>
<p><b><u></p>
</u></b>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="20%"></td>
    <td width="20%"></td>
    <td width="20%">
      <p style="border-bottom: 1 ridge #000000"></td>
    <td width="20%"></td>
    <td width="20%"></td>
  </tr>
</table>
<p>Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or determined whether
this prospectus is truthful or complete. Any representation to the contrary is a
criminal offense.</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="20%"></td>
    <td width="20%"></td>
    <td width="20%">
      <p style="border-bottom: 1 inset #000000"></td>
    <td width="20%"></td>
    <td width="20%"></td>
  </tr>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center">The date of this prospectus is October 23, 2002</p>
<p align="left" style="border-bottom: 1 ridge #000000">&nbsp;</p>
<b>
<p>&nbsp;</p>
<p>&nbsp;&nbsp; </b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>You
should rely only on the information contained or incorporated by reference in
this prospectus or any supplement. We have not authorized anyone to provide you
with different information. Shares of common stock are being offered and sold
only in states where offers and sales are permitted. You should not assume that
the information contained in this prospectus is accurate as of any date other
than the date of this prospectus.</p>
<p>&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="20%"></td>
    <td width="20%"></td>
    <td width="20%">
      <p style="border-bottom: 1 ridge #000000"></td>
    <td width="20%"></td>
    <td width="20%"></td>
  </tr>
</table>
<p align="left">&nbsp;</p>
<p align="center">TABLE OF CONTENTS</p>
</b>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="96%"></td>
    <td width="4%" align="right"><u>Page</u></td>
  </tr>
  <tr>
    <td width="96%">Where You Can Find More
      Information.....................................................................................................</td>
    <td width="4%" align="right">&nbsp; 2</td>
  </tr>
  <tr>
    <td width="96%">Incorporation of Certain Documents by
      Reference......................................................................................</td>
    <td width="4%" align="right">&nbsp; 3</td>
  </tr>
  <tr>
    <td width="96%">The
      Company............................................................................................................................................</td>
    <td width="4%" align="right">&nbsp; 3</td>
  </tr>
  <tr>
    <td width="96%">Use of
      Proceeds........................................................................................................................................</td>
    <td width="4%" align="right">&nbsp; 4</td>
  </tr>
  <tr>
    <td width="96%">Selling
      Shareholders...................................................................................................................................</td>
    <td width="4%" align="right">&nbsp; 5</td>
  </tr>
  <tr>
    <td width="96%">Plan of
      Distribution.....................................................................................................................................</td>
    <td width="4%" align="right">&nbsp; 9</td>
  </tr>
  <tr>
    <td width="96%">Experts......................................................................................................................................................</td>
    <td width="4%" align="right">&nbsp;9</td>
  </tr>
  <tr>
    <td width="96%">Legal
      Matters.............................................................................................................................................</td>
    <td width="4%" align="right">10</td>
  </tr>
  <tr>
    <td width="96%">Indemnification...........................................................................................................................................</td>
    <td width="4%" align="right">10</td>
  </tr>
</table>
<p align="left">&nbsp;</p>
<b>
<p align="center">WHERE YOU CAN FIND MORE INFORMATION</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We file
annual, quarterly and special reports, proxy statements and other information
with the Securities and Exchange Commission (the &quot;SEC&quot;). You may read
and copy any reports, statements or other information we file at the SEC's
public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549, or at
the SEC's public reference rooms in New York, New York and Chicago, Illinois.
Please call the SEC at 1-800-SEC-0330 for further information on the public
reference rooms. Our filings with the SEC are also available to the public from
the SEC's web site at <i>http://www.sec.gov.</i> Our reports, proxy statements
and other information filed with the SEC can also be inspected at the New York
Stock Exchange, 20 Broad Street, New York, New York 10005.</p>
<p align="left">&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
This prospectus constitutes a part of a registration statement on Form S-8 filed
by us with the SEC. As allowed by the rules and regulations of the SEC, this
prospectus does not contain all the information you can find in the registration
statement and the exhibits to the registration statement. For further
information with respect to us and the securities described in this prospectus,
you should refer to the registration statement, including its exhibits.
Furthermore, the statements contained in this prospectus concerning any document
filed as an exhibit are not necessarily complete and, in each instance, we refer
you to a copy of the document filed as an exhibit to the registration statement.</p>
<p align="left">&nbsp;</p>
<p align="center">- 2 -</p>
<p align="left">&nbsp;</p>
<b>
<p ALIGN="CENTER">INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The SEC
allows us to &quot;incorporate by reference&quot; the information we file with
them into this prospectus, which means we can disclose important information to
you by referring you to those documents. The information incorporated by
reference is considered to be a part of this prospectus (except for any
information that is superseded by the information included directly in this
prospectus), and information that we file later with the SEC will automatically
update and supersede the information in this prospectus. We incorporate by
reference the documents listed below and any future filings we make with the SEC
under Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934
until all the securities are sold:</p>
<blockquote>
  <ul>
    <li>Our Annual Report on Form 10-K for the year ended December 31, 2001, as
      amended by Form 10K/A filed on September 24, 2002;</li>
  </ul>
  <ul>
    <li>&nbsp;Our Quarterly Reports on Form 10-Q for the quarters ended March
      31, 2002 (as amended by Form 10-Q/A filed on September 24, 2002), and June
      30, 2002;</li>
  </ul>
  <ul>
    <li>Our Current Reports on Form 8-K filed with the SEC on February 19, 2002,
      March 21, 2002, April 23, 2002 (as amended by Form 8-K/A field on April
      24, 2002), April 24, 2002, May 15, 2002, June 21, 2002, July 29, 2002 (as
      amended by Form 8-K/A filed on July 30, 2002), August 14, 2002, September
      24, 2002, and September 27, 2002;</li>
  </ul>
  <ul>
    <li>The description of our common stock contained in our Registration
      Statement on Form 8-A dated October 23, 1981, as updated by our Current
      Report on Form 8-K dated July 8, 1993; and</li>
  </ul>
  <ul>
    <li>The description of our common stock purchase rights contained in
      Amendment No. 1 to our Registration Statement on Form 8-A dated April 26,
      1999.</li>
  </ul>
</blockquote>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We will
provide you with a copy of these filings incorporated by reference, at no cost,
upon written or oral request. Written requests should be directed to
Southwestern Energy Company, 2350 N. Sam Houston Parkway East, Suite 300,
Houston, Texas 77032, Attention: Corporate Secretary. Telephone requests may be
directed to (281) 618-4700.</p>
<p>&nbsp;</p>
<b>
<p align="center">THE COMPANY</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We are an
energy company primarily focused on natural gas. We were originally incorporated
in Arkansas in 1929 as a local gas distribution company. Today, we are an exempt
holding company under the Public Utility Holding Company Act of 1935 and derive
the vast majority of our operating income and cash flow from our oil and gas
exploration and production business. We are involved in the following business
segments:</p>
<blockquote>
  <ul>
    <li><i>Exploration and Production</i> - We are engaged in natural gas and
      oil exploration, development and production, with operations principally
      located in Arkansas,</li>
  </ul>
</blockquote>
<p align="center">- 3 -</p>
<p align="left">&nbsp;</p>
<blockquote>
  <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma, Texas, New
  Mexico and Louisiana. This represents our primary business.</p>
  <ul>
    <li><i>Natural Gas Distribution</i> - We are engaged in the gathering,
      distribution and transmission of natural gas to approximately 136,000
      customers in Arkansas.</li>
  </ul>
  <ul>
    <li><i>Marketing and Transportation</i> - We provide marketing and
      transportation services in our core areas of operation and own a 25%
      interest in the NOARK Pipeline System, Limited Partnership, a gas
      transmission system that includes 749 miles of pipeline with a total
      throughput capacity of 330 MMcfd.</li>
  </ul>
</blockquote>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Our
business strategy is to provide long-term growth through focused exploration and
production of oil and natural gas. We seek to maximize cash flow and earnings
and provide consistent growth in oil and gas production and reserves through the
discovery, production and marketing of high margin reserves from a balanced
portfolio of drilling opportunities. This balanced portfolio includes low risk
development drilling in the Arkoma Basin, moderate risk exploration and
exploitation in the Permian Basin and east Texas, and high potential exploration
opportunities in the onshore Gulf Coast.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We create
additional value through our natural gas distribution, marketing and
transportation activities. We further enhance shareholder value by creating and
capturing additional value beyond the wellhead through our marketing and
transportation activities.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Our
principal executive offices are located at 2350 N. Sam Houston Parkway East,
Suite 300, Houston, Texas 77032, and our telephone number is (281) 618-4700.</p>
<p>&nbsp;</p>
<b>
<p ALIGN="CENTER">USE OF PROCEEDS</p>
</b>
<p>Shares which may be sold pursuant to this prospectus will be sold by the
selling shareholders for their own accounts and we will not receive any proceeds
from any such sales. See &quot;Selling Shareholders&quot; and &quot;Plan of
Distribution.&quot;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center">- 4 -</p>
<p align="left">&nbsp;</p>
<b>
<p ALIGN="CENTER">SELLING SHAREHOLDERS</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The shares
offered under this prospectus are being registered for resales from time to time
by selling shareholders who have acquired the shares pursuant to restricted
stock grants awarded to them. The selling shareholders named in the following
table may resell all, a portion of, or none of the shares they hold.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
following table sets forth information concerning the selling shareholders and
the number of shares that may be offered hereby by each selling shareholder as
of the date of this prospectus.</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">Number of Shares</td>
  </tr>
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">That May be</td>
  </tr>
  <tr>
    <td width="23%" valign="top"><u>Selling Shareholder</u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"><u>Position with the Company</u></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">
      <p><u>Offered Hereby</u></td>
  </tr>
  <tr>
    <td width="23%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="6%" align="right" valign="top"></td>
    <td width="4%" align="right" valign="top">&nbsp;&nbsp;</td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Charles A. Bayles</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">Manager, Pipeline Systems, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Donna R. Campbell</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Utility Rate Analyst, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">400</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Jeffery L. Dangeau</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">General Counsel and Secretary, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">1,500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Terry M. England</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Director, Distribution Operations, Arkansas Western Gas
      Company </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Ricky A. Gunter</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Vice President-Rates and Regulations and Assistant
      Secretary, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">1,600</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Michael Z. Hays</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Director, Pipeline Operations, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">600</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Glenn M. Morgan</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Controller and Treasurer, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">1,200</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">David L. Rader</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Utility accounting, Arkansas Western Gas Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Alan E. Bearden, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Accounting</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">400</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Mark K. Boling</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Vice President and General Counsel</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">6,500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Connie S. Bell</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Client Services Supervisor</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Susan D. Burks</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Special Projects</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Wes B Couch</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Project Leader, Information Services</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Daniel J. Diebolt</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Marketing &amp; Transportation, Southwestern Energy
      Services Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">600</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">John L. Fike</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Project Leader, Information Systems</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="right" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
</table>
<p>&nbsp;</p>
<p align="center">-5 -</p>
<p align="left">&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">Number of Shares</td>
  </tr>
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">That May be</td>
  </tr>
  <tr>
    <td width="23%" valign="top"><u>Selling Shareholder</u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"><u>Position with the Company</u></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">
      <p><u>Offered Hereby</u></td>
  </tr>
  <tr>
    <td width="23%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="6%" align="right" valign="top">&nbsp;</td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="23%" valign="top">W. Lynn Gann</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Supervisor Financial Reporting</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Michael K. Garner</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Manager, Procurement &amp; Facility
      Services</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Sheila K. Green </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Applications Services</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Dee W. Hency</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Vice President-Administration and Chief
      Information Officer</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">8,500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Linda L. Hipes</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Supervisor Corporate Accounting</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">R. Jason Kurtz</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Gas Sales, Southwestern Energy
      Services Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">James L. Mullins, Jr</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Director Human Resources</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">400</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Frederick C. Ogle</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Attorney</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Sherry L. Schooler</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Utility Application Services,
      Information Systems</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Bradley D. Sylvester</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Investor Relations</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Thomas M. Alexander</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Production Engineer, Southwestern Energy
      Production Company </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,600</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">John W. Batson </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Staff Geophysicist, Southwestern Energy
      Production Company </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">5,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Wilfred W. Baumann</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, E &amp; P Accounting, Southwestern
      Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">600</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">James L. Bolander</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,200</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Harry H. Bryan, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Drilling Manager, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">4,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Kim R. Butler</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">William K. Butler</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Production Engineer, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Alan R. Clemens</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Exploration Manager, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">6,800</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Charles A. Cornish, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Landman, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Jody D. Crook</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Landman, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
</table>
<p>&nbsp;</p>
<p align="center">- 6 -</p>
<p>&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">Number of Shares</td>
  </tr>
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">That May be</td>
  </tr>
  <tr>
    <td width="23%" valign="top"><u>Selling Shareholder</u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"><u>Position with the Company</u></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">
      <p>Offered Hereby</td>
  </tr>
  <tr>
    <td width="23%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="6%" align="right" valign="top"></td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="23%" valign="top">Terrence T. Darilek</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Landman, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,600</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">James H. Denney, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,200</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Jimmy R. Dewbre</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Vice President-Land, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">6,800</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Bruce Elijah</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">John C. Gargani</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Economic Planning &amp; Acquisitions, Southwestern
      Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Brenda K. Hagan</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Tech, Information Services, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Shane C. Harris</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Landman, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">400</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Mark A Janik</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Reservoir Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,700</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Thomas K. Joeckel</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Staff Geologist, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Dale J. Kardash</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">District Production Manager, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Robin A Kisling</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Superintendent-Production, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">550</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Karl A Knudson</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Reservoir Engineer, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Olga G. McGee</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager Property Administration, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">900</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Terry G. McMillin</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Safety/Health Environment Coordinator, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">550</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">J. Walt Mitchell</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Manager, Field Procurement Services, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Michael E. Navolio</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geophysicist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,700</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Robert C. Pace</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Staff Geologist, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">5,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">James N. Perkins</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Production Analyst, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
</table>

<p>&nbsp;</p>
<p align="center">- 7 -</p>
<p>&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">Number of Shares</td>
  </tr>
  <tr>
    <td width="23%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">That May be</td>
  </tr>
  <tr>
    <td width="23%" valign="top"><u>Selling Shareholder</u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top"><u>Position with the Company</u></td>
    <td width="2%" align="left" valign="top"></td>
    <td width="16%" align="center" colspan="4" valign="top">
      <p><u>Offered Hereby</u></td>
  </tr>
  <tr>
    <td width="23%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="6%" align="right" valign="top">&nbsp;</td>
    <td width="4%" align="center" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="23%" valign="top">&nbsp;Jimmy D. Pittillo</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="57%" valign="top">Senior Reservoir Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">700</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Michael L. Rhodes</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geophysicist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">George E. Schneider</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Production Superintendent, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Phillip R. Shelby</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Danny Spaulding</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Production Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,100</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">John P. Springer</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Reservoir Engineer, Southwestern Energy Production
      Company </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,900</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">D. Brent Stafford</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">E&amp;P Systems Data Manager</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">J. Alan Stubblefield</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Vice President-Production, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">6,800</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Jerry W. Taylor</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Senior Landman, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">550</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">John D. Thaeler</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Vice President, SEECO, Inc.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">10,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Samuel G. Thompson</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Landman, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,500</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">J. Deck Travis</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Drilling Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,700</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">James M. Tully</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Drilling Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,900</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="25%" colspan="2" valign="top">Douglas H. Van Slambrouck</td>
    <td width="57%" valign="top">Senior Reservoir Engineer, Southwestern Energy Production
      Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">2,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Ricardo Vasquez</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,200</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Lee I. Williams</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Production Engineer, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,000</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Matt B. Williams</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">1,600</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">William J. Winkelmann</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geologist, Southwestern Energy Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,300</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
  <tr>
    <td width="23%" valign="top">Daniel R. Zebrowski</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="57%" valign="top">Staff Geophysicist, Southwestern Energy
      Production Company</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="4%" align="center" valign="top"></td>
    <td width="6%" align="right" valign="top">3,700</td>
    <td width="4%" align="center" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
  </tr>
</table>

<p>&nbsp;</p>
<p align="center">- 8 -</p>
<p align="left">&nbsp;</p>
<b>
<p ALIGN="CENTER">PLAN OF DISTRIBUTION</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
selling shareholders have not advised us of any specific plans for the sale of
the shares offered under this prospectus but, if and when such shares are sold,
it is anticipated that the shares will be sold from time to time primarily in
transactions on the New York Stock Exchange at the market price then prevailing.
Sales also may be made through negotiated transactions or otherwise, at prices
related to the prevailing market price or otherwise. If shares are sold through
brokers, the selling shareholders may pay customary brokerage commissions and
charges. The selling shareholders may effect these transactions by selling
shares to or through broker-dealers and such broker-dealers may receive
compensation in the form of discounts, concessions or commissions from the
selling shareholders and or the purchaser of the shares so sold for whom such
broker-dealers may act or to whom they may sell as principal or both (which
compensation, as to a particular broker-dealer, may be in excess of customary
commissions). Shares covered by this prospectus also may be sold under Rule 144
or another exemption under the Securities Act rather than pursuant to this
prospectus.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In
connection with the sale of shares, the selling shareholders and any
participating broker or dealer may be deemed to be &quot;underwriters&quot;
within the meaning of the Securities Act, and any profits on the sale of shares
or commissions they receive may be deemed to be underwriting discounts and
commissions under the Securities Act.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There is
no assurance that the selling shareholders will sell any or all of the shares
offered by them hereby.</p>
<p align="left">&nbsp;</p>
<b>
<p ALIGN="CENTER">EXPERTS</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The financial statements incorporated in this prospectus by reference to
the Annual
Report on Form 10-K/A for the year ended December 31, 2001, have been so
incorporated in reliance on the report (which contains an explanatory paragraph
relating to the Company's correction of its statement of comprehensive income (loss) as
described in Note 1 to the financial statements) of PricewaterhouseCoopers LLP,
independent accountants, given on the authority of said firm as experts in
auditing and accounting.</p>
<b></b><b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">LEGAL MATTERS</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
validity of the shares being offered hereby will be passed upon for us by Conner
&amp; Winters, P.L.L.C., Fayetteville, Arkansas.</p>
<p>&nbsp;</p>
<p align="center">- 9 -</p>
<p align="left">&nbsp;</p>
<p align="center"><b>INDEMNIFICATION</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Arkansas Business Corporation Act provides that a corporation shall have the
power to indemnify any person who was or is a party or is threatened to be made
a party to any threatened, pending or completed action or proceeding (other than
an action by or in the right of the corporation) by reason of the fact that he
is or was a director, officer, employee or agent of the corporation, against
expenses, judgments, fines and amounts paid in settlements reasonably incurred
by him in connection with such action or proceeding if he acted in good faith in
a manner reasonably believed to be in or not opposed to the best interests of
the corporation. In addition, a corporation shall have the power to indemnify
any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action or suit by or in the right of the
corporation to procure a judgment in its favor by reason of the fact that he is
or was a director, officer, employee or agent of the corporation against
expenses actually reasonably incurred by him in connection with the defense or
settlement of such action if he acted in good faith in a manner reasonably
believed to be in or not opposed to the best interests of the corporation and
except that no indemnification shall be made in respect of any claim as to which
such person shall have been adjudged to be liable for negligence or misconduct
unless and only to the extent the court in which such action was brought shall
determine that, despite the adjudication of liability, but in view of all
circumstances of the case, such person is fairly and reasonably entitled to
indemnity for such expenses which the court shall deem proper.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Our bylaws
provide that our officers and directors shall be indemnified to the fullest
extent permitted by law in connection with any actual or threatened action or
proceeding arising out of their service to us (including service to a subsidiary
of ours) or to any other organization at our request.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We have
entered into indemnification agreements with each of our directors and officers
pursuant to which we have agreed to indemnify our directors and officers against
liabilities and litigation costs resulting from their service to us. We also
maintain directors' and officers' liability insurance.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to our directors, officers or controlling persons pursuant to the
foregoing provisions, we have been informed that, in the opinion of the SEC,
such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than our payment of expenses incurred or paid by
one of our directors, officers or controlling persons in the successful defense
of any action, suit or proceeding) is asserted by a director, officer or
controlling person in connection with the securities being registered, we will,
unless in the opinion of our counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by us is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.</p>
<p>&nbsp;</p>
<p align="center">- 10 -</p>
<p>&nbsp;</p>
<p align="center"><b>PART II</p>
<p align="center">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>
<p>Item
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Incorporation of Documents by Reference.</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
following documents which have been filed by Southwestern Energy Company (the
&quot;Company&quot;) with the Securities and Exchange Commission (the
&quot;Commission&quot;) are incorporated by reference in this Registration
Statement:</p>
<blockquote>
  <blockquote>
    <p>(1) The Company's Annual Reports on Form 10-K for the fiscal year ended
    December 31, 2001, as amended by Form 10-K/A filed on September 24, 2002;</p>
  </blockquote>
</blockquote>
<blockquote>
  <blockquote>
    <p>(2) The Company's Quarterly Reports on Form 10-Q for the quarters ended
    March 31, 2002 (as amended by Form 10-Q/A filed on September 24, 2002), and
    June 30, 2002;</p>
  </blockquote>
</blockquote>
<blockquote>
  <blockquote>
    <p>(3) The Company's Current Reports on Form 8-K filed with the Commission
    on February 19, 2002, March 21, 2002, April 23, 2002 (as amended by Form
    8-K/A filed on April 24, 2002), April 24, 2002, May 15, 2002, June 21, 2002,
    July 29, 2002 (as amended by Form 8-K/A filed on July 30, 2002), August 14,
    2002, September 24, 2002, and September 27, 2002;</p>
    <p>(4) The description of the Company's common stock contained in the
    Registration Statement on Form 8-A dated October 23, 1981, as updated by the
    Company's Current Report on Form 8-K dated July 8, 1993; and</p>
    <p>(5) The description of the common stock purchase rights contained in
    Amendment No. 1 to the Company's Registration Statement on Form 8-A dated
    April 26, 1999.</p>
  </blockquote>
</blockquote>
<p align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In addition, all documents subsequently filed by the Company pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as
amended (the &quot;Exchange Act&quot;), prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or
which deregisters all securities offered hereby then remaining unsold, shall be
deemed to be incorporated by reference in this Registration Statement and to be
a part hereof from their respective dates of filing. Any statement contained in
this Registration Statement, or in a document incorporated by reference herein,
shall be deemed to be modified or superseded for purposes of this Registration
Statement to the extent that a statement contained in any other subsequently
filed incorporated document modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.</p>
<p align="left">&nbsp;</p>
<p align="center"><b>II-1</b></p>
<p align="left">&nbsp;</p>
<b>
<p>Item
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Description of Securities.</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not
applicable.</p>
<b>
<p>Item
5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interests of Named Experts and Counsel.</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not
applicable.</p>
<b>
<p>Item
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Indemnification of Directors and Officers.</p>
</b>
<p align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Section 4-27-850 of the Arkansas Code Annotated provides that the Company shall
have the power to indemnify any person who was or is a party or is threatened to
be made a party to any threatened, pending or completed action or proceeding
(other than an action by or in the right of the Company) by reason of the fact
that he is or was a director, officer, employee or agent of the Company, against
expenses, judgments, fines and amounts paid in settlements reasonably incurred
by him in connection with such action or proceeding if he acted in good faith in
a manner reasonably believed to be in or not opposed to the best interests of
the Company. In addition, the Company shall have the power to indemnify any
person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action or suit by or in the right of the
Company to procure a judgment in its favor by reason of the fact that he is or
was a director, officer, employee or agent of the Company against expenses
actually reasonably incurred by him in connection with the defense or settlement
of such action if he acted in good faith in a manner reasonably believed to be
in or not opposed to the best interests of the Company and except that no
indemnification shall be made in respect of any claim as to which such person
shall have been adjudged to be liable for negligence or misconduct unless and
only to the extent the court in which such action was brought shall determine
that, despite the adjudication of liability, but in view of all circumstances of
the case, such person is fairly and reasonably entitled to indemnity for such
expenses which the court shall deem proper.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Article
VII, Section 6, of the Company's Bylaws provides that the Company's officers
and directors shall be indemnified to the fullest extent permitted by law in
connection with any actual or threatened action or proceeding arising out of
their service to the Company (including service to a subsidiary of the Company)
or to any other organization at the Company's request.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company has entered into indemnification agreements with each of its directors
and officers under which the Company has agreed to indemnify its directors and
officers against liabilities and litigation costs resulting from their service
to the Company. The Company also maintains directors' and officers'
liability insurance.</p>
<p align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Insofar as indemnification for liabilities arising under the Securities Act may
be permitted to directors, officers or controlling persons of the Company
pursuant to the foregoing provisions, the Company has been informed that, in the
opinion of the Securities and Exchange Commission, such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the Company of expenses incurred or paid
by a director, officer or controlling</p>
<p align="left">&nbsp;</p>
<p align="center"><b>II-2</b></p>
<p align="left">&nbsp;</p>
<p>person of the Company in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Company will, unless in the
opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities
Act and will be governed by the final adjudication of such issue.</p>
<b>
<p>Item
7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exemption from Registration Claimed.</b></p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not
applicable.</p>
<b>
<p>Item
8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exhibits.</p>
      </b>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="15%" colspan="3" valign="top"><u>Exhibit Number</u></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top"><u>Description</u></td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">4.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Form of Non-qualified Stock Option between
      Southwestern Energy Company and employees granted stock options
      (incorporated herein by reference to Exhibit 4.2 to the Company's
      Registration Statement on form S-8, File No, 333-42494 (the &quot;S-8
      Registration Statement). </td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top"></td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">4.2</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Form of Restricted Stock Agreement between Southwestern
      Energy Company and employees awarded shares of restricted stock (incorporated herein by
      reference to Exhibit 4.3 to the S-8 Registration Statement).</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top"></td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">5.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Opinion of Conner &amp; Winters, P.L.L.C.</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">23.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Consent of PricewaterhouseCoopers LLP.</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top"></td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">23.2</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Consent of Conner &amp; Winters, P.L.L.C. (contained in the
      opinion included in Exhibit 5.1).</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top"></td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">24&nbsp;&nbsp;&nbsp;</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Power of Attorney (included on the signature page to this
      Registration Statement).</td>
  </tr>
</table>
<p>&nbsp;</p>
<b>
<p>Item 9. Undertakings.</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="6%" align="right" valign="top">(a)</td>
    <td width="3%" align="center" valign="top"></td>
    <td width="91%" align="left" colspan="5" valign="top">The undersigned Registrant hereby
      undertakes:</td>
  </tr>
  <tr>
    <td width="6%" align="right" valign="top">&nbsp;</td>
</b>
  <td width="3%" align="center" valign="top"></td>
  <td width="5%" align="left" valign="top"></td>
  <td width="3%" align="center" valign="top"></td>
  <td width="5%" valign="top"></td>
<b>
<td width="3%" align="center" valign="top">&nbsp;</td>
<td width="75%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%" align="right" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
</b>
  <td width="5%" align="left" valign="top">(1)</td>
<b>
<td width="3%" align="center" valign="top"></td>
</b>
  <td width="83%" colspan="3" valign="top">To file, during any period in which offers or
    sales are being made of the securities registered hereby, a post-effective
  amendment to this Registration Statement:</td>
</tr>
<b>
<tr>
  <td width="6%" align="right" valign="top">&nbsp;</td>
</b>
<td width="3%" align="center" valign="top">&nbsp;</td>
<td width="5%" align="left" valign="top">&nbsp;</td>
<b>
<td width="3%" align="center" valign="top">&nbsp;</td>
</b>
<td width="5%" valign="top">&nbsp;</td>
<td width="3%" align="center" valign="top">&nbsp;</td>
<td width="75%" valign="top">&nbsp;&nbsp;</td>
</tr>
<b>
<tr>
  <td width="6%" align="right" valign="top">&nbsp;</td>
  <td width="3%" align="center" valign="top"></td>
  <td width="5%" align="left" valign="top"></td>
  <td width="3%" align="center" valign="top"></td>
</b>
<td width="5%" valign="top">(i)</td>
<b>
<td width="3%" align="center" valign="top"></td>
</b>
<td width="75%" valign="top">To include any prospectus required by Section 10(a)(3) of the
  Securities Act;</td>
</tr>
</table>
<b>
<p align="left">&nbsp;</p>
<p align="left">&nbsp;</p>
<p align="left">&nbsp;</p>
<p align="left">&nbsp;</p>
<p align="left">&nbsp;</p>
<p align="center">II-3</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%" height="763">
  <tr>
    <td width="6%" align="right" height="1" valign="top"></td>
    <td width="3%" align="center" height="1" valign="top"></td>
    <td width="5%" align="left" height="1" valign="top"></td>
    <td width="3%" align="center" height="1" valign="top"></td>
    <td width="5%" align="left" height="1" valign="top">(ii)</td>
    <td width="3%" align="center" height="1" valign="top"></td>
    <td width="75%" height="1" valign="top"> To reflect in the prospectus any facts or events arising after
        the
</b>
 effective date of this Registration Statement (or the most recent
        post-effective amendment thereof) which, individually or in the
        aggregate, represent a fundamental change in the information set forth
        in this Registration Statement. Notwithstanding the foregoing, any
        increase or decrease in volume of securities offered (if the total
        dollar value of securities offered would not exceed that which was
        registered) and any deviation from the low or high end of the estimated
        maximum offering range may be reflected in the form of a prospectus
        filed with the Commission pursuant to Rule 424(b) if, in the aggregate,
        the changes in the volume and price represent no more than a 20% change
        in the maximum aggregate offering price set forth in the
        &quot;Calculation of Registration Fee&quot; table in this Registration
        Statement;</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%" align="right" height="21" valign="top"></td>
    <td width="3%" align="center" height="21" valign="top"></td>
    <td width="5%" align="left" height="21" valign="top"></td>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="5%" align="left" height="21" valign="top">(iii)</td>
<b>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="75%" height="21" valign="top"> To include any material information with respect to the plan of
        distribution not previously disclosed in this Registration Statement or
        any material change to such information in this Registration Statement;</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21"></td>
    <td width="3%" align="center" height="21"></td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21"></td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21"></td>
    <td width="75%" height="21"></td>
  </tr>
  <tr>
    <td width="6%" align="right" height="21" valign="top">&nbsp;</td>
    <td width="3%" align="center" height="21" valign="top">&nbsp;</td>
    <td width="5%" align="left" height="21" valign="top">&nbsp;</td>
    <td width="3%" align="center" height="21" valign="top">&nbsp;</td>
    <td width="83%" align="left" height="21" colspan="3" valign="top"></b>provided, however, that
      the undertakings set forth in paragraphs (a)(1)(i) and (a)(1)(ii) above do
      not apply if the information required to be included in a post-effective
      amendment by those paragraphs is contained in periodic reports filed by
      the registrant pursuant to Section 13 or Section 15(d) of the Exchange Act
      that are incorporated by reference in this Registration Statement.
<b>
<b>
</b>
    </b>
    </td>
  </tr>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%" align="right" height="21" valign="top"></td>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="5%" align="left" height="21" valign="top">(2)</td>
<b>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="83%" align="left" colspan="3" height="21" valign="top"> That, for the purpose of determining any liability under the
    Securities Act, each such post-effective amendment shall be deemed to be a
    new registration statement relating to the securities offered therein, and
    the offering of such securities at that time shall be deemed to be the
    initial bona fide offering thereof.</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21"></td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%" align="right" height="21" valign="top"></td>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="5%" align="left" height="21" valign="top">(3)</td>
<b>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="83%" align="left" height="21" colspan="3" valign="top"> To remove from registration by means of a post-effective amendment
    any of the securities being
      registered which remain unsold at the termination of the offering.</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21"></td>
    <td width="5%" align="left" height="21"></td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
</b>
  <tr>
    <td width="6%" align="right" height="21" valign="top">(b)</td>
<b>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="91%" align="left" height="21" colspan="5" valign="top"> The undersigned Registrant hereby further undertakes that, for purposes
of determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in this Registration Statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.&nbsp;</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
</b>
  <tr>
    <td width="6%" align="right" height="21" valign="top">(c)</td>
<b>
    <td width="3%" align="center" height="21" valign="top"></td>
</b>
    <td width="91%" align="left" height="21" colspan="5" valign="top"> Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors,&nbsp;officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that, in the opinion of the Securities and Exchange Commission,
such indemnification is against public policy as expressed in the</td>
  </tr>
<b>
  <tr>
    <td width="6%" align="right" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="5%" align="left" height="21">&nbsp;</td>
    <td width="3%" align="center" height="21">&nbsp;</td>
    <td width="75%" height="21">&nbsp;</td>
  </tr>
</b>
  <tr>
    <td width="100%" align="right" height="21" colspan="7">
      <p align="center"><b>II-4</b></td>
  </tr>
</table>
<blockquote>
  <blockquote>
<p>&nbsp;</p>
  </blockquote>
</blockquote>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="6%" valign="top"></td>
    <td width="3%" valign="top"></td>
    <td width="91%" valign="top">Securities Act and is, therefore, unenforceable. In the event
that a claim for indemnification against&nbsp;&nbsp; such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.</td>
  </tr>
</table>
<b>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center">II-5</p>
<p align="left">&nbsp;</p>
<p align="center">SIGNATURES</b></p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of
Houston, State of Texas on the 23<sup>rd</sup> day of October, 2002.</p>
<p align="left">&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%" height="209">
  <tr>
    <td width="31%" height="21"></td>
    <td width="26%" height="21"></td>
    <td width="45%" height="21" colspan="3">SOUTHWESTERN ENERGY COMPANY</td>
  </tr>
  <tr>
    <td width="31%" height="21"></td>
    <td width="26%" height="21"></td>
    <td width="3%" height="21"></td>
    <td width="42%" height="21" colspan="2"></td>
  </tr>
  <tr>
    <td width="31%" height="21"></td>
    <td width="26%" height="21"></td>
    <td width="3%" height="21"></td>
    <td width="42%" height="21" colspan="2"></td>
  </tr>
  <tr>
    <td width="31%" height="21"></td>
    <td width="26%" height="21"></td>
    <td width="3%" height="21"></td>
    <td width="42%" height="21" colspan="2"></td>
  </tr>
  <tr>
    <td width="31%" height="20"></td>
    <td width="26%" height="20"></td>
    <td width="3%" height="20">
      <p align="right">By:</td>
    <td width="39%" height="20">
      <p style="border-bottom: 1 ridge #000000">&nbsp;/s/&nbsp;&nbsp;&nbsp; Harold M. Korell</td>
    <td width="3%" height="20"></td>
  </tr>
  <tr>
    <td width="31%" height="21"></td>
    <td width="26%" height="21"></td>
    <td width="3%" height="21"></td>
    <td width="42%" height="21" colspan="2">Harold M. Korell<br>
      President, Chairman and<br>
      Chief Executive Officer</td>
  </tr>
</table>
<p>&nbsp;</p>
<p>KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears
below constitutes and appoints Harold M. Korell and Greg D. Kerley, each of
them, his true and lawful attorneys-in-fact and agents with full power of
substitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same, with all exhibits thereto,
and all documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully to all intents and purposes as he
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or his or their substitutes, may lawfully do or
cause to be done by virtue hereof.</p>
<p>Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed below by the following persons in the capacities and
on the dates indicated:</p>
<p>&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="27%" valign="top"><b><u>Signature</u></b></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"><u><b>Title</b></u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"><u><b>Date</b></u></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Harold M. Korell</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">President, Chairman, Chief Executive Officer and</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Harold M. Korell</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director (Principal Executive Officer)</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Greg D Kerley</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Executive Vice President and Chief Financial </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Greg D. Kerley</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Officer (Principal Financial Officer)</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Stanley T. Wilson</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Controller and Chief Accounting Officer </td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Stanley T. Wilson</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">(Principal Financial Officer)</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center"><b>II-6</b></p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="27%" valign="top"><b><u>Signature</u></b></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"><u><b>Title</b></u></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"><u><b>Date</b></u></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Lewis E. Epley, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Lewis E. Epley, Jr.</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ John Paul Hammerschmidt</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">John Paul Hammerschmidt</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Robert L. Howard</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Robert L. Howard</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Kenneth R. Mourton</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Kenneth R. Mourton</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
  <tr>
    <td width="27%" valign="top">&nbsp;</td>
    <td width="2%" align="center" valign="top">&nbsp;</td>
    <td width="44%" valign="top">&nbsp;&nbsp;&nbsp;</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="27%" valign="top">
      <p style="border-bottom: 1 ridge #000000">/s/ Charles E. Scharlau</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top">Director</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top">October 23, 2002</td>
  </tr>
  <tr>
    <td width="27%" valign="top">Charles E. Scharlau</td>
    <td width="2%" align="center" valign="top"></td>
    <td width="44%" valign="top"></td>
    <td width="2%" align="center" valign="top"></td>
    <td width="25%" valign="top"></td>
  </tr>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center"><b>II-7</b></p>
<p align="left">&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="100%" colspan="5" valign="top">
      <p align="center">EXHIBIT INDEX</td>
  </tr>
  <tr>
    <td width="15%" colspan="3" valign="top"><u>Exhibit Number</u></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top"><u>Description</u></td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">4.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Form of Non-qualified Stock Option between Southwestern
      Energy Company and employees granted stock options (incorporated herein by reference to
      Exhibit 4.2 to the Company's Registration Statement on form S-8, File No, 333-42494 (the
      &quot;S-8 Registration Statement). </td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">4.2</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Form of Restricted Stock Agreement between Southwestern
      Energy Company and employees awarded shares of restricted stock (incorporated herein by
      reference to Exhibit 4.3 to the S-8 Registration Statement).</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top"></td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">5.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Opinion of Conner &amp; Winters, P.L.L.C.</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;&nbsp;</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top"></td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">23.1</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Consent of PricewaterhouseCoopers LLP</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">23.2</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Consent of Conner &amp; Winters, P.L.L.C. (contained in the
      opinion included in Exhibit 5.1).</td>
  </tr>
  <tr>
    <td width="4%" valign="top">&nbsp;</td>
    <td width="4%" align="right" valign="top">&nbsp;</td>
    <td width="7%" valign="top">&nbsp;</td>
    <td width="3%" align="center" valign="top">&nbsp;</td>
    <td width="82%" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" valign="top"></td>
    <td width="4%" align="right" valign="top">24&nbsp;&nbsp;&nbsp;</td>
    <td width="7%" valign="top"></td>
    <td width="3%" align="center" valign="top"></td>
    <td width="82%" valign="top">Power of Attorney (included on the signature page to this
      Registration Statement).</td>
  </tr>
</table>
<p align="left">&nbsp;</p>

</body>

</html>
[{"type": "S-8", "sequence": "1", "filename": "swnforms8.htm", "description": "SWN 2002 FORM S-8", "secsgml_size_bytes": 111434}]
{"company-data": {"conformed-name": "SOUTHWESTERN ENERGY CO", "cik": "0000007332", "assigned-sic": "1311", "irs-number": "710205415", "state-of-incorporation": "AR", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-100702", "film-number": "02796524"}, "business-address": {"street1": "2350 N. SAM HOUSTON PARKWAY EAST", "street2": "SUITE 300", "city": "HOUSTON", "state": "TX", "zip": "77032", "phone": "2816184700"}, "former-company": {"former-conformed-name": "ARKANSAS WESTERN GAS CO", "date-changed": "19790917"}}
Arkansas 71
As filed with the Securities and
      Exchange Commission on October 23, 2002.   Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
SOUTHWESTERN ENERGY COMPANY
(Exact name of registrant as specified in its charter)
Arkansas
71-0205415
(State or other jurisdiction of incorporation
or organization)
(I.R.S. employer identification no.)
2350 N. Sam Houston Pkwy. E., Suite 300
Houston, Texas 77032
(Address of principal executive offices including zip
      code)
Employee Stock Option and Restricted Stock Agreements
(Full title of the plan)
Mark K. Boling
2350 N. Sam Houston Pkwy. E., Suite 300
Houston, Texas 77032
(281) 618-4700
(Name, address and telephone number, including area
      code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of securities
to be registered
Amount to be
registered (1)(2)
Proposed
maximum
offering price
per share
Proposed
Maximum
Aggregate
offering price (3)
Amount of
registration
fee
Common Stock
$.10 par value
212,600 shares
(3)
$2,252,511
$207.23
(1) Pursuant to Rule 416, this Registration Statement also
  covers such indeterminable number of additional shares of common stock as may
  become issuable pursuant to terms designed to prevent dilution resulting from
  stock splits, stock dividends, merger or combination or similar events.
(2) Each share is accompanied by a common stock purchase
  right pursuant to the Amended and Restated Rights Agreement, dated April 12,
  1999, with EquiServe Trust Company, N.A., as Rights Agent.
(3) Estimated solely for the purpose of calculating the
  registration fee in accordance with Rule 457 based on (a) an aggregate of
  62,750 shares presently subject to stock options at a weighted average
  exercise price of $10.44 per share and (b) the average of the high and low
  sale prices reported on the New York Stock Exchange on October 21, 2002, of
  $10.66 per share with respect to the resale of 149,850 shares awarded under
  restricted stock agreements.
EXPLANATORY NOTE
This Registration Statement relates to (i) 62,750 shares of
common stock issuable pursuant to stock option agreements granted to certain
employees and (ii) 149,850 shares of common stock previously issued to certain
employees under restricted stock agreements and which may be resold by such
employees pursuant to the prospectus filed as a part of this Registration
Statement. Pursuant to the Note to Part I of Form S-8, the information relating
to the Plan specified by Part I of Form S-8 has been omitted. The prospectus
filed as a part of this Registration Statement, referred to as the reoffer
prospectus, has been prepared in accordance with the requirements of Part I of
Form S-3 pursuant to the Instructions to Form S-8. There offer prospectus may be
used for reofferings and resales of shares of the Company's common stock which
are deemed to be restricted securities under the Securities Act.
PROSPECTUS
Southwestern Energy Company
149,850 Shares of Common Stock
This prospectus relates to up to 149,850 shares of common stock of
Southwestern Energy Company which may be offered for resale by certain of our
employees identified in this prospectus. The shares have been acquired by the
selling shareholders through awards of shares under individual restricted stock
agreements.
The selling shareholders may sell their shares at prices prevailing on the
New York Stock Exchange on the date of sale, prices relating to prevailing
market prices or negotiated prices. We will not receive any of the proceeds from
the sale of the shares by the selling shareholders. All expenses of registration
incurred in connection herewith are being borne by us, however, all selling
commissions and other expenses incurred by any selling shareholder in connection
with the sale of shares will be borne by the selling shareholder.
The selling shareholders and any broker or dealer participating in the sale
of shares on behalf of the selling shareholders may be deemed to be
"underwriters" within the meaning of the Securities Act of 1933, in
which case any profit on the sale of shares by them or commissions received by
such broker or dealer may be deemed to be underwriting compensation under the
Securities Act of 1933.
Our common stock is listed on the New York Stock Exchange under the symbol
"SWN." The last reported sale price of our common stock on the New
York Stock Exchange on October 22, 2002, was $11.40.
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or determined whether
this prospectus is truthful or complete. Any representation to the contrary is a
criminal offense.
The date of this prospectus is October 23, 2002
You
should rely only on the information contained or incorporated by reference in
this prospectus or any supplement. We have not authorized anyone to provide you
with different information. Shares of common stock are being offered and sold
only in states where offers and sales are permitted. You should not assume that
the information contained in this prospectus is accurate as of any date other
than the date of this prospectus.
TABLE OF CONTENTS
Page
Where You Can Find More
      Information.....................................................................................................
2
Incorporation of Certain Documents by
      Reference......................................................................................
3
The
      Company............................................................................................................................................
3
Use of
      Proceeds........................................................................................................................................
4
Selling
      Shareholders...................................................................................................................................
5
Plan of
      Distribution.....................................................................................................................................
9
Experts......................................................................................................................................................
9
Legal
      Matters.............................................................................................................................................
10
Indemnification...........................................................................................................................................
10
WHERE YOU CAN FIND MORE INFORMATION
We file
annual, quarterly and special reports, proxy statements and other information
with the Securities and Exchange Commission (the "SEC"). You may read
and copy any reports, statements or other information we file at the SEC's
public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549, or at
the SEC's public reference rooms in New York, New York and Chicago, Illinois.
Please call the SEC at 1-800-SEC-0330 for further information on the public
reference rooms. Our filings with the SEC are also available to the public from
the SEC's web site at
http://www.sec.gov.
Our reports, proxy statements
and other information filed with the SEC can also be inspected at the New York
Stock Exchange, 20 Broad Street, New York, New York 10005.
This prospectus constitutes a part of a registration statement on Form S-8 filed
by us with the SEC. As allowed by the rules and regulations of the SEC, this
prospectus does not contain all the information you can find in the registration
statement and the exhibits to the registration statement. For further
information with respect to us and the securities described in this prospectus,
you should refer to the registration statement, including its exhibits.
Furthermore, the statements contained in this prospectus concerning any document
filed as an exhibit are not necessarily complete and, in each instance, we refer
you to a copy of the document filed as an exhibit to the registration statement.
- 2 -
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The SEC
allows us to "incorporate by reference" the information we file with
them into this prospectus, which means we can disclose important information to
you by referring you to those documents. The information incorporated by
reference is considered to be a part of this prospectus (except for any
information that is superseded by the information included directly in this
prospectus), and information that we file later with the SEC will automatically
update and supersede the information in this prospectus. We incorporate by
reference the documents listed below and any future filings we make with the SEC
under Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934
until all the securities are sold:
Our Annual Report on Form 10-K for the year ended December 31, 2001, as
      amended by Form 10K/A filed on September 24, 2002;
Our Quarterly Reports on Form 10-Q for the quarters ended March
      31, 2002 (as amended by Form 10-Q/A filed on September 24, 2002), and June
      30, 2002;
Our Current Reports on Form 8-K filed with the SEC on February 19, 2002,
      March 21, 2002, April 23, 2002 (as amended by Form 8-K/A field on April
      24, 2002), April 24, 2002, May 15, 2002, June 21, 2002, July 29, 2002 (as
      amended by Form 8-K/A filed on July 30, 2002), August 14, 2002, September
      24, 2002, and September 27, 2002;
The description of our common stock contained in our Registration
      Statement on Form 8-A dated October 23, 1981, as updated by our Current
      Report on Form 8-K dated July 8, 1993; and
The description of our common stock purchase rights contained in
      Amendment No. 1 to our Registration Statement on Form 8-A dated April 26,
      1999.
We will
provide you with a copy of these filings incorporated by reference, at no cost,
upon written or oral request. Written requests should be directed to
Southwestern Energy Company, 2350 N. Sam Houston Parkway East, Suite 300,
Houston, Texas 77032, Attention: Corporate Secretary. Telephone requests may be
directed to (281) 618-4700.
THE COMPANY
We are an
energy company primarily focused on natural gas. We were originally incorporated
in Arkansas in 1929 as a local gas distribution company. Today, we are an exempt
holding company under the Public Utility Holding Company Act of 1935 and derive
the vast majority of our operating income and cash flow from our oil and gas
exploration and production business. We are involved in the following business
segments:
Exploration and Production
- We are engaged in natural gas and
      oil exploration, development and production, with operations principally
      located in Arkansas,
- 3 -
Oklahoma, Texas, New
  Mexico and Louisiana. This represents our primary business.
Natural Gas Distribution
- We are engaged in the gathering,
      distribution and transmission of natural gas to approximately 136,000
      customers in Arkansas.
Marketing and Transportation
- We provide marketing and
      transportation services in our core areas of operation and own a 25%
      interest in the NOARK Pipeline System, Limited Partnership, a gas
      transmission system that includes 749 miles of pipeline with a total
      throughput capacity of 330 MMcfd.
Our
business strategy is to provide long-term growth through focused exploration and
production of oil and natural gas. We seek to maximize cash flow and earnings
and provide consistent growth in oil and gas production and reserves through the
discovery, production and marketing of high margin reserves from a balanced
portfolio of drilling opportunities. This balanced portfolio includes low risk
development drilling in the Arkoma Basin, moderate risk exploration and
exploitation in the Permian Basin and east Texas, and high potential exploration
opportunities in the onshore Gulf Coast.
We create
additional value through our natural gas distribution, marketing and
transportation activities. We further enhance shareholder value by creating and
capturing additional value beyond the wellhead through our marketing and
transportation activities.
Our
principal executive offices are located at 2350 N. Sam Houston Parkway East,
Suite 300, Houston, Texas 77032, and our telephone number is (281) 618-4700.
USE OF PROCEEDS
Shares which may be sold pursuant to this prospectus will be sold by the
selling shareholders for their own accounts and we will not receive any proceeds
from any such sales. See "Selling Shareholders" and "Plan of
Distribution."
- 4 -
SELLING SHAREHOLDERS
The shares
offered under this prospectus are being registered for resales from time to time
by selling shareholders who have acquired the shares pursuant to restricted
stock grants awarded to them. The selling shareholders named in the following
table may resell all, a portion of, or none of the shares they hold.
The
following table sets forth information concerning the selling shareholders and
the number of shares that may be offered hereby by each selling shareholder as
of the date of this prospectus.
Number of Shares
That May be
Selling Shareholder
Position with the Company
Offered Hereby
Charles A. Bayles
Manager, Pipeline Systems, Arkansas Western Gas Company
500
Donna R. Campbell
Utility Rate Analyst, Arkansas Western Gas Company
400
Jeffery L. Dangeau
General Counsel and Secretary, Arkansas Western Gas Company
1,500
Terry M. England
Director, Distribution Operations, Arkansas Western Gas
      Company
500
Ricky A. Gunter
Vice President-Rates and Regulations and Assistant
      Secretary, Arkansas Western Gas Company
1,600
Michael Z. Hays
Director, Pipeline Operations, Arkansas Western Gas Company
600
Glenn M. Morgan
Controller and Treasurer, Arkansas Western Gas Company
1,200
David L. Rader
Manager, Utility accounting, Arkansas Western Gas Company
500
Alan E. Bearden, Jr.
Manager, Accounting
400
Mark K. Boling
Senior Vice President and General Counsel
6,500
Connie S. Bell
Client Services Supervisor
500
Susan D. Burks
Manager, Special Projects
500
Wes B Couch
Project Leader, Information Services
500
Daniel J. Diebolt
Manager, Marketing & Transportation, Southwestern Energy
      Services Company
600
John L. Fike
Project Leader, Information Systems
500
-5 -
Number of Shares
That May be
Selling Shareholder
Position with the Company
Offered Hereby
W. Lynn Gann
Supervisor Financial Reporting
500
Michael K. Garner
Senior Manager, Procurement & Facility
      Services
500
Sheila K. Green
Manager, Applications Services
500
Dee W. Hency
Vice President-Administration and Chief
      Information Officer
8,500
Linda L. Hipes
Supervisor Corporate Accounting
500
R. Jason Kurtz
Manager, Gas Sales, Southwestern Energy
      Services Company
500
James L. Mullins, Jr
Director Human Resources
400
Frederick C. Ogle
Senior Attorney
1,500
Sherry L. Schooler
Manager, Utility Application Services,
      Information Systems
500
Bradley D. Sylvester
Manager, Investor Relations
3,000
Thomas M. Alexander
Staff Production Engineer, Southwestern Energy
      Production Company
2,600
John W. Batson
Senior Staff Geophysicist, Southwestern Energy
      Production Company
5,300
Wilfred W. Baumann
Manager, E & P Accounting, Southwestern
      Energy Production Company
600
James L. Bolander
Staff Geologist, Southwestern Energy Production
      Company
2,200
Harry H. Bryan, Jr.
Drilling Manager, Southwestern Energy
      Production Company
4,000
Kim R. Butler
Staff Geologist, Southwestern Energy Production
      Company
2,300
William K. Butler
Senior Production Engineer, Southwestern Energy
      Production Company
2,000
Alan R. Clemens
Exploration Manager, Southwestern Energy
      Production Company
6,800
Charles A. Cornish, Jr.
Senior Landman, Southwestern Energy Production
      Company
2,000
Jody D. Crook
Landman, Southwestern Energy Production Company
300
- 6 -
Number of Shares
That May be
Selling Shareholder
Position with the Company
Offered Hereby
Terrence T. Darilek
Senior Landman, Southwestern Energy Production Company
1,600
James H. Denney, Jr.
Staff Geologist, Southwestern Energy Production Company
2,200
Jimmy R. Dewbre
Vice President-Land, Southwestern Energy Production Company
6,800
Bruce Elijah
Staff Geologist, Southwestern Energy Production Company
1,000
John C. Gargani
Manager, Economic Planning & Acquisitions, Southwestern
      Energy Production Company
3,500
Brenda K. Hagan
Tech, Information Services, Southwestern Energy Production
      Company
300
Shane C. Harris
Landman, Southwestern Energy Production Company
400
Mark A Janik
Senior Reservoir Engineer, Southwestern Energy Production
      Company
1,700
Thomas K. Joeckel
Senior Staff Geologist, Southwestern Energy Production
      Company
2,000
Dale J. Kardash
District Production Manager, Southwestern Energy Production
      Company
3,300
Robin A Kisling
Superintendent-Production, Southwestern Energy Production
      Company
550
Karl A Knudson
Staff Reservoir Engineer, Southwestern Energy
      Production Company
3,000
Olga G. McGee
Manager Property Administration, Southwestern Energy
      Production Company
900
Terry G. McMillin
Safety/Health Environment Coordinator, Southwestern Energy
      Production Company
550
J. Walt Mitchell
Manager, Field Procurement Services, Southwestern Energy
      Production Company
500
Michael E. Navolio
Staff Geophysicist, Southwestern Energy Production Company
3,700
Robert C. Pace
Senior Staff Geologist, Southwestern Energy Production
      Company
5,300
James N. Perkins
Senior Production Analyst, Southwestern Energy Production
      Company
2,000
- 7 -
Number of Shares
That May be
Selling Shareholder
Position with the Company
Offered Hereby
Jimmy D. Pittillo
Senior Reservoir Engineer, Southwestern Energy Production
      Company
700
Michael L. Rhodes
Staff Geophysicist, Southwestern Energy Production Company
3,000
George E. Schneider
Production Superintendent, Southwestern Energy Production
      Company
1,000
Phillip R. Shelby
Senior Geologist, Southwestern Energy Production Company
2,000
Danny Spaulding
Staff Production Engineer, Southwestern Energy Production
      Company
2,100
John P. Springer
Senior Reservoir Engineer, Southwestern Energy Production
      Company
1,900
D. Brent Stafford
E&P Systems Data Manager
500
J. Alan Stubblefield
Vice President-Production, Southwestern Energy Production
      Company
6,800
Jerry W. Taylor
Senior Landman, Southwestern Energy Production Company
550
John D. Thaeler
Vice President, SEECO, Inc.
10,300
Samuel G. Thompson
Staff Landman, Southwestern Energy Production Company
2,500
J. Deck Travis
Staff Drilling Engineer, Southwestern Energy Production
      Company
1,700
James M. Tully
Staff Drilling Engineer, Southwestern Energy Production
      Company
1,900
Douglas H. Van Slambrouck
Senior Reservoir Engineer, Southwestern Energy Production
      Company
2,000
Ricardo Vasquez
Staff Geologist, Southwestern Energy Production Company
3,200
Lee I. Williams
Production Engineer, Southwestern Energy Production Company
1,000
Matt B. Williams
Staff Geologist, Southwestern Energy Production Company
1,600
William J. Winkelmann
Staff Geologist, Southwestern Energy Production Company
3,300
Daniel R. Zebrowski
Staff Geophysicist, Southwestern Energy
      Production Company
3,700
- 8 -
PLAN OF DISTRIBUTION
The
selling shareholders have not advised us of any specific plans for the sale of
the shares offered under this prospectus but, if and when such shares are sold,
it is anticipated that the shares will be sold from time to time primarily in
transactions on the New York Stock Exchange at the market price then prevailing.
Sales also may be made through negotiated transactions or otherwise, at prices
related to the prevailing market price or otherwise. If shares are sold through
brokers, the selling shareholders may pay customary brokerage commissions and
charges. The selling shareholders may effect these transactions by selling
shares to or through broker-dealers and such broker-dealers may receive
compensation in the form of discounts, concessions or commissions from the
selling shareholders and or the purchaser of the shares so sold for whom such
broker-dealers may act or to whom they may sell as principal or both (which
compensation, as to a particular broker-dealer, may be in excess of customary
commissions). Shares covered by this prospectus also may be sold under Rule 144
or another exemption under the Securities Act rather than pursuant to this
prospectus.
In
connection with the sale of shares, the selling shareholders and any
participating broker or dealer may be deemed to be "underwriters"
within the meaning of the Securities Act, and any profits on the sale of shares
or commissions they receive may be deemed to be underwriting discounts and
commissions under the Securities Act.
There is
no assurance that the selling shareholders will sell any or all of the shares
offered by them hereby.
EXPERTS
The financial statements incorporated in this prospectus by reference to
the Annual
Report on Form 10-K/A for the year ended December 31, 2001, have been so
incorporated in reliance on the report (which contains an explanatory paragraph
relating to the Company's correction of its statement of comprehensive income (loss) as
described in Note 1 to the financial statements) of PricewaterhouseCoopers LLP,
independent accountants, given on the authority of said firm as experts in
auditing and accounting.
LEGAL MATTERS
The
validity of the shares being offered hereby will be passed upon for us by Conner
& Winters, P.L.L.C., Fayetteville, Arkansas.
- 9 -
INDEMNIFICATION
The
Arkansas Business Corporation Act provides that a corporation shall have the
power to indemnify any person who was or is a party or is threatened to be made
a party to any threatened, pending or completed action or proceeding (other than
an action by or in the right of the corporation) by reason of the fact that he
is or was a director, officer, employee or agent of the corporation, against
expenses, judgments, fines and amounts paid in settlements reasonably incurred
by him in connection with such action or proceeding if he acted in good faith in
a manner reasonably believed to be in or not opposed to the best interests of
the corporation. In addition, a corporation shall have the power to indemnify
any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action or suit by or in the right of the
corporation to procure a judgment in its favor by reason of the fact that he is
or was a director, officer, employee or agent of the corporation against
expenses actually reasonably incurred by him in connection with the defense or
settlement of such action if he acted in good faith in a manner reasonably
believed to be in or not opposed to the best interests of the corporation and
except that no indemnification shall be made in respect of any claim as to which
such person shall have been adjudged to be liable for negligence or misconduct
unless and only to the extent the court in which such action was brought shall
determine that, despite the adjudication of liability, but in view of all
circumstances of the case, such person is fairly and reasonably entitled to
indemnity for such expenses which the court shall deem proper.
Our bylaws
provide that our officers and directors shall be indemnified to the fullest
extent permitted by law in connection with any actual or threatened action or
proceeding arising out of their service to us (including service to a subsidiary
of ours) or to any other organization at our request.
We have
entered into indemnification agreements with each of our directors and officers
pursuant to which we have agreed to indemnify our directors and officers against
liabilities and litigation costs resulting from their service to us. We also
maintain directors' and officers' liability insurance.
Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to our directors, officers or controlling persons pursuant to the
foregoing provisions, we have been informed that, in the opinion of the SEC,
such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than our payment of expenses incurred or paid by
one of our directors, officers or controlling persons in the successful defense
of any action, suit or proceeding) is asserted by a director, officer or
controlling person in connection with the securities being registered, we will,
unless in the opinion of our counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by us is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
- 10 -
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item
3.                                        
Incorporation of Documents by Reference.
The
following documents which have been filed by Southwestern Energy Company (the
"Company") with the Securities and Exchange Commission (the
"Commission") are incorporated by reference in this Registration
Statement:
(1) The Company's Annual Reports on Form 10-K for the fiscal year ended
    December 31, 2001, as amended by Form 10-K/A filed on September 24, 2002;
(2) The Company's Quarterly Reports on Form 10-Q for the quarters ended
    March 31, 2002 (as amended by Form 10-Q/A filed on September 24, 2002), and
    June 30, 2002;
(3) The Company's Current Reports on Form 8-K filed with the Commission
    on February 19, 2002, March 21, 2002, April 23, 2002 (as amended by Form
    8-K/A filed on April 24, 2002), April 24, 2002, May 15, 2002, June 21, 2002,
    July 29, 2002 (as amended by Form 8-K/A filed on July 30, 2002), August 14,
    2002, September 24, 2002, and September 27, 2002;
(4) The description of the Company's common stock contained in the
    Registration Statement on Form 8-A dated October 23, 1981, as updated by the
    Company's Current Report on Form 8-K dated July 8, 1993; and
(5) The description of the common stock purchase rights contained in
    Amendment No. 1 to the Company's Registration Statement on Form 8-A dated
    April 26, 1999.
In addition, all documents subsequently filed by the Company pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or
which deregisters all securities offered hereby then remaining unsold, shall be
deemed to be incorporated by reference in this Registration Statement and to be
a part hereof from their respective dates of filing. Any statement contained in
this Registration Statement, or in a document incorporated by reference herein,
shall be deemed to be modified or superseded for purposes of this Registration
Statement to the extent that a statement contained in any other subsequently
filed incorporated document modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.
II-1
Item
4.            
Description of Securities.
Not
applicable.
Item
5.            
Interests of Named Experts and Counsel.
Not
applicable.
Item
6.            
Indemnification of Directors and Officers.
Section 4-27-850 of the Arkansas Code Annotated provides that the Company shall
have the power to indemnify any person who was or is a party or is threatened to
be made a party to any threatened, pending or completed action or proceeding
(other than an action by or in the right of the Company) by reason of the fact
that he is or was a director, officer, employee or agent of the Company, against
expenses, judgments, fines and amounts paid in settlements reasonably incurred
by him in connection with such action or proceeding if he acted in good faith in
a manner reasonably believed to be in or not opposed to the best interests of
the Company. In addition, the Company shall have the power to indemnify any
person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action or suit by or in the right of the
Company to procure a judgment in its favor by reason of the fact that he is or
was a director, officer, employee or agent of the Company against expenses
actually reasonably incurred by him in connection with the defense or settlement
of such action if he acted in good faith in a manner reasonably believed to be
in or not opposed to the best interests of the Company and except that no
indemnification shall be made in respect of any claim as to which such person
shall have been adjudged to be liable for negligence or misconduct unless and
only to the extent the court in which such action was brought shall determine
that, despite the adjudication of liability, but in view of all circumstances of
the case, such person is fairly and reasonably entitled to indemnity for such
expenses which the court shall deem proper.
Article
VII, Section 6, of the Company's Bylaws provides that the Company's officers
and directors shall be indemnified to the fullest extent permitted by law in
connection with any actual or threatened action or proceeding arising out of
their service to the Company (including service to a subsidiary of the Company)
or to any other organization at the Company's request.
The
Company has entered into indemnification agreements with each of its directors
and officers under which the Company has agreed to indemnify its directors and
officers against liabilities and litigation costs resulting from their service
to the Company. The Company also maintains directors' and officers'
liability insurance.
Insofar as indemnification for liabilities arising under the Securities Act may
be permitted to directors, officers or controlling persons of the Company
pursuant to the foregoing provisions, the Company has been informed that, in the
opinion of the Securities and Exchange Commission, such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the Company of expenses incurred or paid
by a director, officer or controlling
II-2
person of the Company in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Company will, unless in the
opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities
Act and will be governed by the final adjudication of such issue.
Item
7.            
Exemption from Registration Claimed.
Not
applicable.
Item
8.            
Exhibits.
Exhibit Number
Description
4.1
Form of Non-qualified Stock Option between
      Southwestern Energy Company and employees granted stock options
      (incorporated herein by reference to Exhibit 4.2 to the Company's
      Registration Statement on form S-8, File No, 333-42494 (the "S-8
      Registration Statement).
4.2
Form of Restricted Stock Agreement between Southwestern
      Energy Company and employees awarded shares of restricted stock (incorporated herein by
      reference to Exhibit 4.3 to the S-8 Registration Statement).
5.1
Opinion of Conner & Winters, P.L.L.C.
23.1
Consent of PricewaterhouseCoopers LLP.
23.2
Consent of Conner & Winters, P.L.L.C. (contained in the
      opinion included in Exhibit 5.1).
24
Power of Attorney (included on the signature page to this
      Registration Statement).
Item 9. Undertakings.
(a)
The undersigned Registrant hereby
      undertakes:
(1)
To file, during any period in which offers or
    sales are being made of the securities registered hereby, a post-effective
  amendment to this Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the
  Securities Act;
II-3
(ii)
To reflect in the prospectus any facts or events arising after
        the

 effective date of this Registration Statement (or the most recent
        post-effective amendment thereof) which, individually or in the
        aggregate, represent a fundamental change in the information set forth
        in this Registration Statement. Notwithstanding the foregoing, any
        increase or decrease in volume of securities offered (if the total
        dollar value of securities offered would not exceed that which was
        registered) and any deviation from the low or high end of the estimated
        maximum offering range may be reflected in the form of a prospectus
        filed with the Commission pursuant to Rule 424(b) if, in the aggregate,
        the changes in the volume and price represent no more than a 20% change
        in the maximum aggregate offering price set forth in the
        "Calculation of Registration Fee" table in this Registration
        Statement;
(iii)
To include any material information with respect to the plan of
        distribution not previously disclosed in this Registration Statement or
        any material change to such information in this Registration Statement;
provided, however, that
      the undertakings set forth in paragraphs (a)(1)(i) and (a)(1)(ii) above do
      not apply if the information required to be included in a post-effective
      amendment by those paragraphs is contained in periodic reports filed by
      the registrant pursuant to Section 13 or Section 15(d) of the Exchange Act
      that are incorporated by reference in this Registration Statement.
(2)
That, for the purpose of determining any liability under the
    Securities Act, each such post-effective amendment shall be deemed to be a
    new registration statement relating to the securities offered therein, and
    the offering of such securities at that time shall be deemed to be the
    initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment
    any of the securities being
      registered which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby further undertakes that, for purposes
of determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in this Registration Statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that, in the opinion of the Securities and Exchange Commission,
such indemnification is against public policy as expressed in the
II-4
Securities Act and is, therefore, unenforceable. In the event
that a claim for indemnification against   such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
II-5
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of
Houston, State of Texas on the 23
rd
day of October, 2002.
SOUTHWESTERN ENERGY COMPANY
By:
/s/    Harold M. Korell
Harold M. Korell
President, Chairman and
Chief Executive Officer
KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears
below constitutes and appoints Harold M. Korell and Greg D. Kerley, each of
them, his true and lawful attorneys-in-fact and agents with full power of
substitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same, with all exhibits thereto,
and all documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully to all intents and purposes as he
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or his or their substitutes, may lawfully do or
cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed below by the following persons in the capacities and
on the dates indicated:
Signature
Title
Date
/s/ Harold M. Korell
President, Chairman, Chief Executive Officer and
October 23, 2002
Harold M. Korell
Director (Principal Executive Officer)
/s/ Greg D Kerley
Executive Vice President and Chief Financial
October 23, 2002
Greg D. Kerley
Officer (Principal Financial Officer)
/s/ Stanley T. Wilson
Controller and Chief Accounting Officer
October 23, 2002
Stanley T. Wilson
(Principal Financial Officer)
II-6
Signature
Title
Date
/s/ Lewis E. Epley, Jr.
Director
October 23, 2002
Lewis E. Epley, Jr.
/s/ John Paul Hammerschmidt
Director
October 23, 2002
John Paul Hammerschmidt
/s/ Robert L. Howard
Director
October 23, 2002
Robert L. Howard
/s/ Kenneth R. Mourton
Director
October 23, 2002
Kenneth R. Mourton
/s/ Charles E. Scharlau
Director
October 23, 2002
Charles E. Scharlau
II-7
EXHIBIT INDEX
Exhibit Number
Description
4.1
Form of Non-qualified Stock Option between Southwestern
      Energy Company and employees granted stock options (incorporated herein by reference to
      Exhibit 4.2 to the Company's Registration Statement on form S-8, File No, 333-42494 (the
      "S-8 Registration Statement).
4.2
Form of Restricted Stock Agreement between Southwestern
      Energy Company and employees awarded shares of restricted stock (incorporated herein by
      reference to Exhibit 4.3 to the S-8 Registration Statement).
5.1
Opinion of Conner & Winters, P.L.L.C.
23.1
Consent of PricewaterhouseCoopers LLP
23.2
Consent of Conner & Winters, P.L.L.C. (contained in the
      opinion included in Exhibit 5.1).
24
Power of Attorney (included on the signature page to this
      Registration Statement).