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) July 17, 2007
SOUTH TEXAS OIL COMPANY
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(Exact name of Registrant as specified in charter)
Nevada 0-50732 74-2949620
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)
2802 Flintrock Trace, Suite 252, Austin, TX 78738
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(Address of principal executive offices) (Zip Code)
(512)371-4152 (Telephone) (512)263-5046 (Fax)
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(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 2 - FINANCIAL INFORMATION
ITEM 2.01 Completion of Acquisition or Disposition of Assets.
On July 12, 2007, South Texas Oil Company issued a news release reporting that
South Texas Oil Company had acquired additional oil and gas interests.
a) On June 18, 2007, South Texas Oil Company agreed to acquire certain oil
and gas interests and certain related assets of Senora Resources, Inc
and James D. Dobos, II, individually, (collectively the "Seller").
b) There exists no material relationship other than in respect of the
transaction, between the registrant or any of its affiliates, or any
officer and director and the Seller of the mineral interests.
c) South Texas Oil Company provided $1.8 million as consideration for the
purchase of the additional mineral interests.
SECTION 8 - OTHER EVENTS
ITEM 8.01 Other Events.
On July 12, 2007, South Texas Oil Company issued a news release reporting that
South Texas Oil Company had acquired additional oil and gas interests; 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.
If pro forma Information is required, as permitted by Item 9.01(b)(2) of Form
8-K, we will file the pro forma financial information required by Item
9.01(b)(1) of Form 8-K by amendment to this Current Report on Form 8-K on or
prior to 71 calendar days from the date we are required to report the
acquisition.
(c) Exhibits
Exhibit Number Description
99.1 Press Release dated July 12, 2007
10.23 Assignment, Conveyance and Bill of Sale
10.24 Assignment of Overriding Royalty Interest
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: July 17, 2007
South Texas Oil Company
By: /s/ Murray N. Conradie
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Murray N. Conradie, Chief Executive Officer