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 1, 2004



                            American Oil & Gas, Inc.
                            ------------------------
             (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 1, 2004,
which is filed as an exhibit hereto, is incorporated herein by reference.


Item 9.01 Financial Statements And Exhibits.
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     (c) Exhibits.
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                                  Exhibit Index
                                  -------------

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

99.1          News release dated October 1, 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 1, 2004                     AMERICAN OIL & GAS, INC.



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