OMB APPROVAL ------------------------- OMB NUMBER: 3235-0060 ------------------------- EXPIRES: OCTOBER 31, 2005 ------------------------- ESTIMATED AVERAGE BURDEN HOURS PER RESPONSE: 2.58 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 (Date of Earliest Event Reported): May 21, 2003 --------------------------- NORTH AMERICAN NATURAL GAS, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Washington 000-32089 91-2023071 - ------------------------------- ------------------------ -------------------- (State or other jurisdiction of (Commission File Number) (IRS Employer incorporation) Identification No.) 580 Hornby Street, Suite 210, Vancouver, British Columbia Canada V6C 3B6 ----------------------------------------------------------------------- (Address of principal executive offices and zip code) 604-689-5255 -------------------------------------------------- (Registrant's telephone number, including area code) 10203 Birchridge Drive, Suite 810, Humble, Texas USA 77338 ---------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS GENERAL On March 12, 2003, the Company executed two (2) assignment agreements whereby it would acquire interests in the Potato Hills Deep Prospect and in Knox Miss Partners, L.P. The Company filed a current report on Form 8K on March 27, 2003 to report the proposed acquisitions. On April 9, 2003, the Company filed a current report on Form 8K/A to include as exhibits all of the underlying agreements in connection with the proposed acquisitions. The Company was unsuccessful in its efforts to raise the required capital and consequently will not be proceeding with the acquisitions. All agreements relating to the proposed acquisitions were terminated. ITEM 9. REGULATION FD DISCLOSURE New Release attached as Exhibit 99.1 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. North American Natural Gas, Inc. ---------------------------------- (Registrant) Dated: May 21, 2003 /s/ Jim Glavas ---------------------------------- Jim Glavas, Director 2