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): December 4, 2000


                              ENERGY VENTURES INC.
             (Exact Name of Registrant as Specified in its Charter)



         Delaware                      0-30285           ___________________
         --------                      -------
(State or Other Jurisdiction of     (Commission            (I.R.S. Employer
Incorporation or Organization)       File Number)           ID Number)




43 Fairmeadow Avenue, Toronto, Ontario, Canada              M2P  1W8
(Address of Principal Executive Offices)                   (Zip Code)


(416) 733-2736
Registrant's telephone number, including area code:




(Former Name or Former Address if Changed Since Last Report)





Item 5.  Other Events.

         Pursuant  to Rule 135c,  attached  as an exhibit  hereto is a copy of a
press  release  issued by the  Registrant  regarding  an  offering  pursuant  to
Regulation S.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

1.       Press Release.

                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the registrant has duly caused this  registration  statement to be signed on its
behalf by the undersigned, thereto duly authorized.

Date: December 12, 2000

                                                ENERGY VENTURES, INC.




                                              By:/s/ Peter F. Searle
                                                 -------------------
                                                 Peter F. Searle,
                                                 Vice President and Director




                                     Exhibit




ENERGY VENTURES INC.                       PRESS RELEASE
- --------------------------------------------------------------------------------
FOR IMMEDIATE RELEASE          Contact: Wayne Hartford Tel. (416) 733-2736
Monday, December 4th 2000                    hartford@energyvi.com
                                        or Terry B. Kimmel Tel. (613) 990-9373
                                             Terry.Kimmel@nrc.ca
- --------------------------------------------------------------------------------

ENERGY  VENTURES INC. FILES  PRELIMINARY  PROSPECTUS IN CONNECTION WITH PROPOSED
OFFERING OF COMMON SHARES

OTTAWA,   December  4,  2000.   Energy   Ventures  Inc.   ("EVI"  or  "Company")
[OTCBB:NASDAQ,   "EGYV"]  announced  today  that  it  has  filed  a  preliminary
prospectus  in each of the  Provinces  of Ontario,  Alberta,  British  Columbia,
Manitoba,  Saskatchewan  and New Brunswick in connection  with an initial public
offering in Canada of common shares.  The  securities  offered have not and will
not be registered under the Securities Act of 1933, as amended,  for sale in the
United States. The shares may only be offered for sale to residents of the above
Canadian provinces.

The net proceeds of the offering will  principally be used to repay  outstanding
debentures, fund research and development and to acquire laboratory equipment.

Statements in this release,  other than  statements of historical  fact,  may be
regarded,  in certain  instances,  as "forward looking  statements"  pursuant to
Section 27A of the  Securities  Act of 1933 and  Section  21B of the  Securities
Exchange Act of 1934,  respectively.  "Forward looking  statements" are based on
expectations, estimates and projections at the time the statements are made that
involve risks and  uncertainties  which could cause actual  results or events to
differ  materially from those presently  anticipated.  There can be no assurance
that such statements will ever prove to be accurate and readers should not place
undue reliance on any such "forward looking statements" contained herein.

For further  information please contact either Wayne Hartford at (416) 733-2736,
Terry Kimmel at (613) 990-9373 or Peter Searle at (416) 284-4579.  The Company's
website is at http://www.energyvi.com/.