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EX-10.6 - American Eagle Energy Inc.v185847_ex10-6.htm
EX-10.4 - American Eagle Energy Inc.v185847_ex10-4.htm
EX-10.5 - American Eagle Energy Inc.v185847_ex10-5.htm
EX-10.7 - American Eagle Energy Inc.v185847_ex10-7.htm
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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) May 19, 2010
 
AMERICAN EAGLE ENERGY INC.
(Exact name of registrant as specified in its charter)


Nevada
333-143626
20-8642477
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

27 North 27th Street, Suite 21-G, Billings, MT  59101
(Address of principal executive offices)                 (Zip Code)
 
 
Registrant’s telephone number, including area code:   (310) 706-4009
 
 
(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:
 
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))
 
 
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SECTION 8 – OTHER EVENTS
 
ITEM 8.01  Other Events.
 
During April and May 2010, we acquired approximately 5,990 net acres located in Divide County, North Dakota (the “Spyglass Acreage”) through the execution of 131 oil and gas leases.  The aggregate consideration paid to acquire the Spyglass Acreage totaled approximately $1,354,000, resulting in an average price of $226 per acre.  Management believes that the Spyglass Acreage is highly prospective for oil and gas reserves located within the Bakken / Three Forks trend and is currently evaluating various exploratory options with respect to the acquired acreage.
 

 
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit
 
Description of Exhibit
 
10.4*
Termination Agreement (of the US Pebble Acquisition Agreement) by and between Eternal Energy Corp., Fairway Exploration LLC, Prospector Oil, Inc., Pebble Petroleum Inc. and Rover Resources Inc. dated April 29, 2010.
 
10.5*
Termination Agreement (of the Canadian Pebble Acquisition Agreement) by and between Eternal Energy Corp., Fairway Exploration LLC, Prospector Oil, Inc. and Pebble Petroleum Inc. dated April 29, 2010.
 
10.6*
Termination Agreement (of the US Prospect Acquisition Agreement) by and between Eternal Energy Corp., Fairway Exploration LLC, Prospector Oil, Inc., Pebble Petroleum Inc., Rover Resources Inc., Steven Swanson, Richard L. Findley, Thomas G. Lantz and Ryland Oil Corporation dated May 11, 2010.
 
10.7*
Termination Agreement (of the Canadian Prospect Acquisition Agreement) by and between Eternal Energy Corp., Fairway Exploration LLC, Prospector Oil, Inc., Pebble Petroleum Inc., Steven Swanson, Richard L. Findley, Thomas G. Lantz and Ryland Oil Corporation dated May 11, 2010.
 
________
* Filed herewith
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
Date:  May 19, 2010
AMERICAN EAGLE ENERGY INC.
   
   
 
By:
/s/ Richard Findley                                                                  
   
Richard Findley
   
President and Chief Executive Officer

 
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