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) January 19, 2005


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


          Oklahoma                001-12396                 73-0970298
(State or other jurisdiction     (Commission              (IRS Employer
     of incorporation)           File Number)          Identification No.)


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

                                 (405) 842-2333
              (Registrant's telephone number, including area code)

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:

[ ] Written  communications  pursuant to Rule 425 under the  Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
    CFR 240.14a-12(b))

[ ] Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
    Exchange Act (17 CFR 240.13e-4(c))



Information to be Included in the Report

Item 7.01 Regulation FD Disclosure.

     On January 19, 2005, the Company issued a press release announcing that it
is back in the oil and gas business. A copy of the press release is attached
hereto as Exhibit 99.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit No.                                 Description
- -----------                                 -----------
      99                   Press release dated January 19, 2005


                                   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

                                          /s/ Herb Mee, Jr.
                                          -------------------------------
                                          Herb Mee, Jr., President

January 19, 2005


INDEX TO EXHIBITS

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

  99   Press release dated January 19, 2005   Filed herewith electronically