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                     April 15, 2003

         Date of earliest event reported    April 11, 2003


                                THE BEARD COMPANY
             (Exact name of registrant as specified in its charter)

          Oklahoma                        0-12396               73-0970298
(State or other jurisdiction of  (Commission File Number)    (I.R.S. Employer
incorporation or organization)                            Identification Number)


Enterprise Plaza
5600 N. May Avenue
Suite 320
Oklahoma City, Oklahoma                                             73112
(Address of principal executive offices)                          (Zip Code)

                                       N/A
          (Former name or former address, if changed since last report)


                                THE BEARD COMPANY

                                    FORM 8-K


Item 9. Regulation FD Disclosure.

     Complete  details  concerning  the matter which  Registrant  has elected to
disclose are set forth in the News Release attached as Exhibit 99 hereto,  which
is incorporated herein by reference. This Exhibit is filed under both Item 9 and
Item 12.

Item 7. Financial Statements and Exhibits.

(c)  The following  exhibits are filed with this Form 8-K and are  identified by
     the numbers indicated:

              Exhibit
                No.                 Description
                ---                 -----------

                99         Press Release dated April 11, 2003


                                   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.

                                      THE BEARD COMPANY

                                      HERB MEE, JR.
                                      Herb Mee, Jr., President

Date:  April 15, 2003


                               INDEX TO EXHIBITS

Exhibit
  No.         Description                          Method of Filing
  ---         -----------                          ----------------

  99     Press Release dated April 11, 2003   Filed herewith electronically