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): April 24, 2007 -------------------- Standard Drilling, Inc. ----------------------- (Exact Name of Registrant as Specified in Its Charter) Nevada ------ (State or Other Jurisdiction of Incorporation) 333-85460 84-1598154 --------- ---------- (Commission File Number) (I.R.S. Employer Identification No.) 1667 K St., NW, Ste. 1230 Washington, DC 20006 -------------- ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (202) 955-9490 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: [ ] 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) Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. Standard Drilling, Inc. ("Standard Drilling", "the Company") today announced that due to the delay in the filing of its Annual Report on Form 10-K for the year ended December 31, 2006, it received a letter dated April 18, 2007 from The NASD indicating that the Company's common stock is subject to delisting pursuant to NASD Rule 6530 unless the delinquency has been received by the Securities and Exchange Commission by 5:30 P.M. EST on May 18, 2007. NASD Rule 6530 requires the Company to complete on a timely basis all filings with the Securities and Exchange Commission, as required by the Securities Exchange Act of 1934, as amended. Standard Drilling's OTC ticker symbol has been appended with a temporary additional "E" which signifies the Company's delinquent status. The Company has been delayed beyond the April 17, 2007 extended filing date prescribed by SEC Rule 12b-25 as it awaits completion of its 2006 annual audit. 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. STANDARD DRILLING, INC. Date: April 26, 2007 By: /s/ Prentis B. Tomlinson, Jr. ------------------------ ---------------------------------------- Name: Prentis B. Tomlinson, Jr., Chairman and CEO