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) November 2, 2005

                            SOUTH TEXAS OIL COMPANY
              (Exact name of Registrant as specified in charter)


            Nevada                  0-50732              74-2949620
- -----------------------------     -----------         ----------------
(State or other jurisdiction      (Commission         (I.R.S. Employer
       of incorporation)          File Number)         Identification)


       2881 CR 2880, Big Foot, TX                           78005
- ----------------------------------------                 ----------
(Address of principal executive offices)                 (Zip Code)


        P.O. Box 340504, Austin, TX                         78734
       -------------------------------                    ---------
               (Mailing Address)                         (Zip Code)


                  210-568-9760 (Telephone) 210-568-9761 (Fax)
                  -------------------------------------------
                          (Issuer's telephone number)

Check  the  appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing  obligation  of  the  registrant  under any of the following
provisions:

[  ] Written communication 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 40.14d-2(b))

[  ] Pre-commencement  communications   pursuant  to Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4 (c))


SECTION 8 - OTHER EVENTS

ITEM 8.01    Other Events.

On November 2, 2006, South  Texas  Oil  Company issued a news release reporting
that South Texas Oil Company has signed a  Letter of Intent for the purchase of
at least 50% and up to 75% working interest  (WI)and 60% royalty Interest (RI),
in approximately 20,000 acres in the DJ basin  in  Northeast Colorado at a cost
of $15 million if the full 75% working interest is acquired.   A copy of  which
is attached as Exhibit 99.1 hereto and incorporated herein by this reference.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01  Financial Statements and Exhibits.

     (a) Financial Statements.

             Not applicable.

     (b) Pro Forma Financial Information.

             Not applicable.

     (c) Exhibits

Exhibit Number      Description
- --------------	    -----------

99.1                Press Release dated November 2, 2006


          SIGNATURES

Pursuant  to  the  requirements  of  the  Securities Exchange Act of 1934,  the
Registrant has duly caused this Current Report  on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.

Date: November 2, 2006

               South Texas Oil Company

               By: /s/ Murray N. Conradie
               -----------------------------
               Murray N. Conradie, Chief Executive Officer