Attached files
| file | filename |
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| EX-10.1 - LEASE ASSIGNMENT AGREEMENT - Black Stallion Oil & Gas Inc. | blkg_ex101.htm |
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 23, 2014
Black Stallion Oil and Gas Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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333-180230
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990373017
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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5847 San Felipe Plaza, Suite 1720, Houston, TX
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77057 | |
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(Address of principal executive offices)
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(Zip Code)
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| Registrant’s telephone number, including area code 713-821-1788 |
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N/A
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(Former name or former address, if changed since last report.)
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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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01
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Entry into a Material Definitive Agreement
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Item 2.01
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Completion of Acquisition or Disposition of Assets
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Effective February 23, 2014, we entered into a lease assignment agreement with West Bakken Energy Holdings, Ltd. Pursuant to the terms of the lease assignment agreement, we have acquired an undivided one-hundred percent interest in West Bakken's interest (a net 50% working interest) in certain oil and gas properties comprising of 12,233.93 acres in Montana, owned by Hillcrest Resources Ltd.
As consideration, we have agreed to issue 1,100,000 shares of our common stock to West Bakken and to issue one share of common stock at a cost basis of $0.50 per share for the $550,000 paid by West Bakken to Hillcrest.
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Item 3.02
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Unregistered Sales of Equity Securities
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Effective February 4, 2014, we issued 1,062,500 shares of common stock to one (1) non U.S. person (at that term as defined in Regulation S of the Securities Act of 1933), relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.
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Item 9.01
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Financial Statements and Exhibits
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10.1
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Lease Assignment Agreement between our company and West Bakken Energy Holdings, Ltd.
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2
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.
| BLACK STALLION OIL AND GAS INC. | |||
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Date: March 5, 2014
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By:
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/s/ George Drazenovic | |
| George Drazenovic | |||
| President and Director | |||
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