SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 3, 2012
Bakken Resources, Inc.
(Exact name of registrant specified in charter)
(State of Incorporation)
(Commission File Number)
1425 Birch Ave., Suite A, Helena, MT 59601
(Address of principal executive offices) (Zip Code)
Issuers Telephone Number
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
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
[ ] 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 July 3, 2012, Bakken Resources, Inc. (the Registrant) completed a transaction whereby it
purchased a 17% working interest participation in an oil well located in Archer County, Texas, referred to herein as the 3A well. The 3A well
is currently operated by Holms Energy Development Corp. (HEDC), an entity controlled by the Registrants CEO, Val Holms. HEDC sold
the Registrant 17%, or approximately 1/3, of HEDCs current working interest in the 3A well, for an aggregate purchase price of $68,000. The
purchase price is payable in two installments: one-half upon the completion of the transaction and one-half in 90 days thereafter. HEDC will continue to
be the operator. The 3A well has been substantially completed with multiple hydrocarbon shows and is in proximity to a recently completed and producing
Ellenburger well that is also operated by HEDC.
The transaction relating to the purchase of the working interest in the 3A well was approved by a majority
of both the independent and non-interested members of the Registrants Board of Directors.
A legal description of the 3A well is as follows: NE1/4SW1/4 of the W1/2 (W/2) of section 1, S.P.R.R. Co.
Survey, A-428, Archer County, Texas Lat 33°47 11.39 Long 98°4420.52 elevation 1057.3.
A press release announcing this transaction is included in this Current Report on Form 8-K as exhibit
Financial Statements and Exhibits
Press Release, dated July 5, 2012
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.
BAKKEN RESOURCES, INC.
/s/Val M. Holms
Name: Val M. Holms
Title: President & CEO
Dated: July 5, 2012