UNITED STATES SECURITY AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

  Pursuant to Section 13 or (of) 15 (d) of the Securities Exchange Act of 1934

                        Date of Report: November 10, 2003
                        (Date of earliest event reported)

                                 NOVA OIL, INC.
             (Exact Name of Registrant as Specified in its Charter)

                                     NEVADA
                 (State or Other Jurisdiction of Incorporation)

         000-32531                                            84-0811034
(Commission File Number)                    (IRS Employer Identification Number)

                               17922 N. Hatch Road
                               Colbert, Washington
                    (Address of Principal Executive Offices)

                                   99005-9377
                                   (Zip Code)

                                 (509) 466-0576
              (Registrant's Telephone Number, Including Area Code)


ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.

During the fourth quarter of 2003, a private placement offering with a maximum
of 2,000,000 Shares of Common Stock was initiated by the Company in the states
of Washington, Idaho, Montana, Nevada, New Jersey and New York. Management
estimates that the Company's net proceeds from the offering, assuming the
maximum is sold, will be approximately $153,500, after deducting the
underwriting discounts and commissions and estimated offering expenses. There is
no assurance that the Company will be successful with this Offering of its
securities. The Company has not granted any registration rights in this
Offering. In connection with this Offering, the Company retained the services of
Public Securities, Inc., as Placement Agent.

                                   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.

                                               Nova Oil, Inc.
                                               (Registrant)

                                               By:  /s/ ARTHUR P. DAMMARELL, JR.
                                                    ----------------------------
                                                    Arthur P. Dammarell, Jr.
                                                    Treasurer and Director

Dated:   November 10, 2003