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 the earliest event reported): March 25, 2004

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


            Delaware                  0-12500                   13-3145265
(State or other Jurisdiction of     (Commission             (IRS Employer No.)
 Identification Incorporation)      File Number)


                      11767 KATY FREEWAY, HOUSTON, TX 77079
                    (Address of Principal Executive Offices)



                                  713-621-3882
              (Registrant's Telephone Number, including Area Code)

                    INFORMATION TO BE INCLUDED IN THE REPORT




ITEM 5. OTHER EVENTS

     Isramco, Inc., a Delaware corporation (the "Company"), issued a press
release announcing the appointment of Donald D. Lovell to its Board of
Directors.

     Mr. Lovell is replacing former Company Board member, Mr. Avihu Ginzburg,
who resigned from the Company's Board effective March 25, 2004 for personal
reasons.

     A copy of the Company's press release is attached to this Current Report on
Form 8-K as Exhibit 99.1 and is incorporated herein by this reference.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

99.1 Isramco, Inc. press release issued March 31, 2004

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused his report to be signed on its behalf by
the undersigned hereunto duly authorized.



DATE: MARCH 31, 2004                        ISRAMCO, INC.

                                            BY: /S/ HAIM TSUFF,

                                            HAIM TSUFF,
                                            CHIEF EXECUTIVE OFFICER