Attached files
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): November 25, 2014
DIVERSIFIED RESOURCES. INC.
---------------------------
(Exact name of registrant as specified in its charter)
Nevada None 98-0687026
------------------- ------------------- ------------------
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
1789 W. Littleton Blvd.
Littleton, CO 80120
-----------------------------
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (303) 797-5417
N/A
------------------------------------------
(Former name or former address if changed since last report)
Check 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 CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-14(c) under the
Exchange Act (17 CFR240.13e-4(c))
Item 8.01 Other Evens
On November 25, 2014, the Company sent a letter to its shareholders,
attached as Exhibit 99.1. Among other things, the letter mentioned that a
reserve report had been prepared for the Company's newly acquired wells and
leases in the Horseshoe Gallop field. The reserve report, attached as Exhibit
99.2, indicated the net future cash flows from the Company's interest in the
Horseshoe Gallup field, discounted at 10%, were in excess of $76,000,000. The
reserve report was not prepared in accordance with the rules of the Securities
and Exchange Commission in that the report was based upon an oil price of $70.00
per barrel, escalating at a rate of 3% per year.
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.
Date: November 25, 2014.
DIVERSIFIED RESOURCES, INC.
By: /s/ Paul Laird
--------------------------------------
Paul Laird, Chief Executive Officer
