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): October 12, 2004
                                                         ----------------



                            American Oil & Gas, Inc.
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             (Exact name of registrant as specified in its charter)



           Nevada                    0-31547                       88-0451554
- ----------------------------      ---------------             ------------------
(State or other jurisdiction     (Commission File            (IRS Employer
 of incorporation)                Number)                    Identification No.)



         1050 17th Street, Suite 1850 Denver, CO 80265
      (Address of principal executive offices) (Zip Code)



        Registrant's telephone number, including area code (303) 991-0173
                                                           --------------







Item 8.01. Other Events.
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     Press Release.  The news release of the Registrant  dated October 12, 2004,
which is filed as an exhibit hereto, is incorporated herein by reference.

Item 9.01.  Financial Statements And Exhibits.
            ---------------------------------

         (c) Exhibits.

                                  Exhibit Index

Exhibit
Number   Description
- ------   -----------

99.1     News release dated October 12, 2004.


                                    SIGNATURE

     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.


Date:  October 12, 2004                  AMERICAN OIL & GAS, INC.



                                         By: /s/ Andrew P. Calerich
                                         --------------------------------------
                                         Andrew P. Calerich
                                         President and Chief Financial Officer