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: December 13, 2010 RANCHER ENERGY CORPORATION -------------------------- (Exact name of registrant as specified in its charter) Nevada 000-51425 98-0422451 ------------------------------------- ---------------------- --------------------------------- (State or other jurisdiction of (Commission File (IRS Employer Identification incorporation) Number) Number) 999 18th Street, Suite 34000, Denver, CO 80202 ---------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (303)629-1125 ------------- Registrant's telephone number, including area code (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)
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS Item 1.03 - Bankruptcy or Receivership. Filing of Proposed First Amended Plan of Reorganization On, Rancher Energy Corporation ("the Company") filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Colorado (the "Court") (Case number 09-32943) The Company has operated its business as "debtor-in-possession" under the jurisdiction of the Court and in accordance with the applicable provisions of the Bankruptcy Code. On December 13, 2010, the Company filed with the Court its proposed Debtor's First Amended Plan of Reorganization ("the Plan"). A proposed Disclosure Statement For the First Amended Plan of Reorganization ("Disclosure Statement") was filed simultaneously with the Plan. The Disclosure Statement must be first approved by the Bankruptcy Court before it may be sent to creditors along with the proposed Plan for voting on the Plan. Prior to confirmation and approval by the Court, the Proposed First Amended Plan of Reorganization is subject to amendment. To become effective, the Plan must be voted upon by creditors and ultimately confirmed by the Bankruptcy Court. The proposed First Amended Plan of Reorganization has not been confirmed by the Court at the time of this filing. The Company can provide no assurances or guarantees that such proposed First Amended Plan of Reorganization will be confirmed or approved by the creditors or the Court.
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. RANCHER ENERGY CORPORATION By: /s/Jon Nicolaysen ----------------- Jon Nicolaysen, Chief Executive Officer Date: December 14, 2010