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                 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:           March 9, 1994                         

                         
 
 
                    Commission File Number 1-8241 
 
 
 
                        PRESIDIO OIL COMPANY 
       (Exact name of registrant as specified in its charter) 
 
 
 
           DELAWARE                                 95-3049484 
(State or other jurisdiction of                   (I.R.S.Employer
 incorporation or organization)                 Identification No.) 
   
 
 
                    5613 DTC PARKWAY, SUITE 750 
                  ENGLEWOOD, COLORADO 80111-3065 
             (Address of principal executive offices) 
                            (Zip Code) 
 
 
 
                          (303) 773-0100 
       (Registrant's telephone number, including area code)  
 
 
  
                          Not Applicable 
              (Former name, former address and former 
             fiscal year, if changed since last report) 
  

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Item 5.   Other Events 
 
Incorporated herein by reference to the Company's press release 
dated March 9, 1994, contained in Exhibit 20.1 to this form. 
 
 
 
Item 7.    Financial Statements and Exhibits 
 
(c)        Exhibits 
 
20.1       The Company's press release dated March 9, 1994, 
           announcing the interest rate for the period 
           May 16, 1994 to August 15, 1994 on its Senior 
           Subordinated Gas Indexed Notes Due 1999 and 
           Senior Gas Indexed Notes Due 2002 to be 14.125%. 
 

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                           SIGNATURES 
 
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 
1934, the registrant has caused this report to be signed on its 
behalf by the undersigned thereunto duly authorized. 
 
 
 
                                   PRESIDIO OIL COMPANY 
                                   ---------------------------- 
                                   Registrant 
 
 
 
DATE:   March 11, 1994             /s/ Charles E. Brammeier 
      ------------------           --------------------------- 
                                   Charles E. Brammeier 
                                   Controller 
                                   (Principal Accounting Officer)