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) January 21, 2010
American Eagle Energy Inc.
(Exact name of registrant as specified in its charter)
Nevada 333-143626 208642477
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
27 North 27th Street, Suite 21G, Billings, Montana 59101
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 406-294-9765
N/A
(Former name or former address, if changed since last report.)
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 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On January 21, 2010, we entered into an assignment agreement with Murrayfield
Limited, a United Kingdom company, in regards to the acquisition of a working
interest in an oil and gas lease in Willacy County, Texas, known as the "Sauz
Ranch Prospect".
Miramar Petroleum Inc. and Murrayfield had entered into an assignment of oil and
gas lease dated August 28, 2009 pursuant to a lease purchase and development
agreement dated August 5, 2009, wherein Murrayfield had acquired from Miramar
the "Assigned Working Interest" as defined therein, in regards to a leasehold
interest in Willacy County, Texas. Murrayfield has assigned its interest in the
lease to American Eagle for $137,500, which consists of the turnkey costs paid
by Murrayfield to Miramar for the acquisition of its interest.
With the assignment agreement, American Eagle has acquired a 12.5% working
interest in an oil and gas lease in Willacy County, Texas (the "Assigned Working
Interest"). The lands covered by the lease consist of 908 acres, out of the San
Juan de Carrieitos, Willacy County, Texas, which covers an undivided 29/32nd of
the mineral estate. The area is also subject to another oil and gas lease owned
by Exxon Mobil Corporation for the remaining 3/32nds.
The foregoing description of the assignment agreement is qualified entirely by
reference to the copy of said agreement attached as an exhibit to this current
report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
10.1 Assignment Agreement dated effective January 21, 2010 between Murrayfield
Limited and American Eagle Energy Inc.
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.
AMERICAN EAGLE ENERGY INC.
/s/ Richard Findley
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Richard Findley
President
Date: January 22, 2010
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