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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:            June 10, 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 June 10, 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 June 10, 1994,  
           announcing the interest rate for the period  
           August 16, 1994 to November 15, 1994 on its Senior  
           Subordinated Gas Indexed Notes Due 1999 and  
           Senior Gas Indexed Notes Due 2002 to be 13.900%.  
  

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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:    June 15, 1994             /s/ Charles E. Brammeier  
      -------------------          ----------------------------  
                                   Charles E. Brammeier  
                                   Controller  
                                   (Principal Accounting Officer)