UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 2, 2005 (JANUARY 27,
2005)
OMNI ENERGY SERVICES CORP.
(Exact name of registrant as specified in its charter)
LOUISIANA 0-23383 72-1395273
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
4500 NE INTERSTATE 49
CARENCRO, LOUISIANA 70520
(Address of principal executive offices) (Zip Code)
(337) 896-6664 (Registrant's
telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On January 27, 2005, OMNI Energy Services Corp. ("OMNI"), American
Helicopters Inc., OMNI Energy Services Corp.-Mexico, Trusssco, Inc., and Trussco
Properties, LLC (collectively, "Maker") and Beal Bank, S.S.B. ("Payee") entered
into a Forbearance Agreement ("Agreement") with respect to the Promissory Note
dated as of October 22, 2004 between Maker and Payee ("Note"). The Agreement is
dated effective as of January 21, 2005. Pursuant to the Agreement, the Payee
agreed to forbear from exercising any of its rights and remedies arising under
the Note until March 15, 2005, and Maker agreed to pay Payee an aggregate of
$698,972.04, which includes $198,972.04 in accrued and unpaid interest on the
Note, and $500,000, which represents principal outstanding on the Note.
The Agreement is attached as Exhibit 10.1 hereto and is hereby
incorporated by reference.
On January 27, 2005, OMNI issued a press release regarding the
Agreement. The press release is attached as Exhibit 99.1 hereto and is hereby
incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
10.1 Forbearance Agreement dated January 21, 2005
between OMNI Energy Services Corp., American
Helicopters Inc., OMNI Energy Services
Corp.-Mexico, Trusssco, Inc., and Trussco
Properties, LLC and Beal Bank, S.S.B.
99.1 Press Release dated January 27, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
OMNI ENERGY SERVICES CORP.
Dated: February 2, 2005
By: /s/ G. Darcy Klug
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G. Darcy Klug
Executive Vice President