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                                  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 29, 2007


                               GASCO ENERGY, INC.
             (Exact name of registrant as specified in its charter)


                                     Nevada
                 (State or Other Jurisdiction of Incorporation)

           0-26321                                       98-0204105
  (Commission File Number)                   (I.R.S. Employer Identification No.

       8 Inverness Drive East, Suite 100
              Englewood, Colorado                                    80112
    (Address of Principal Executive Offices)                       (Zip Code)

       Registrant's telephone number, including area code: (303) 483-0044

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:

|X|  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

|_|  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  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))

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Item 1.01     Entry into a Material Definitive Agreement

On May 29, 2007, Gasco Energy, Inc. ("Parent"),  a Nevada corporation,  and Brek
Energy Corporation  ("Company") a Nevada corporation,  entered into that certain
Second  Amendment to Agreement  and Plan of Merger,  by and among Parent and the
Company,  amending  that certain  Agreement  and Plan of Merger by and among the
Parent,  the Company and Gasco  Acquisition,  Inc., a Nevada  corporation  and a
wholly owned subsidiary of Parent,  dated September 20, 2006, as amended by that
certain  First  Amendment to Agreement and Plan of Merger dated January 31, 2007
(collectively, the "Merger Agreement").

The Second  Amendment  amends the Merger  Agreement  by  changing  the  Optional
Termination  Date (as  defined in the  Merger  Agreement)  from May 31,  2007 to
October 31, 2007.

Item 9.01     Financial Statements and Exhibits.

     (d)  Exhibits.  The  following  exhibit  is filed  as part of this  Current
          Report on Form 8-K:

               2.1  Second Amendment to Agreement and Plan of Merger,  dated May
                    29, 2007,  by and among Gasco  Energy,  Inc. and Brek Energy
                    Corporation.








                                   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.

                                 GASCO ENERGY, INC.


                                 By:     /s/ W. King Grant
                                         ------------------------------
                                         Name: W. King Grant
                                         Title:   Executive Vice President and
                                                  Chief Financial Officer


                                 Date:  May 29, 2007






                                  EXHIBIT INDEX

2.1  Second  Amendment to Agreement  and Plan of Merger,  dated May 29, 2007, by
     and among Gasco Energy, Inc. and Brek Energy Corporation.