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) October 2, 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)
769 Highway 95N, Bastrop, TX 78602
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(Address of principal executive offices) (Zip Code)
(512)772-2474 (Telephone) (512)263-5046 (Fax)
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(Issuer's telephone number)
2802 Flintrock Trace, Suite 252, Austin, TX 78738
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(Former address if changed since last report)
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 5. CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Effective September 30, 2007, Marlene Hutcheson resigned as the Chief Financial
Officer of the Company to focus on other professional obligations. Ms.
Hutcheson has not had any disagreements with management or the company on any
matter relating to the company's operations, policies or practices. Ms.
Hutcheson's resignation letter is attached as Exhibit 99.1.
Effective October 1, 2007 Mr. Rickey Cooksey was appointed as Chief Financial
Officer of South Texas Oil. Mr. Cooksey is qualified as a CPA with over 24
years of experience in accounting.
Mr. Cooksey accepted an Offer of Employment effective October 1, 2007 which is
attached as Exhibit 99.2. The initial ninety (90) day term of employment will
be "at will". We agreed to provide Mr. Cooksey a base salary of $11,500 per
month. In addition to the cash compensation earned by Mr. Cooksey, we granted
Mr. Cooksey 5,000 shares as a signing bonus, a relocation allowance of $10,000
and an annual stock bonus of 10,000 shares. Mr. Cooksey will also be provided
with employee benefits, fringe benefits and perquisites on a basis no less
favorable than such benefits and perquisites are provided by the Company from
time to time to the Company's other senior executives.
Pursuant to information required by Item 404(a) of Regulation S-B, as
applicable (17 CFR 228.404(a)), there are no transactions during the last two
years, or proposed transactions to which South Texas Oil Company was or is the
party, in which Mr. Cooksey has or is to have a direct or indirect material
interest in an amount exceeding $60,000.
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
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99.1 Resignation Letter - Marlene Hutcheson
99.2 Offer of Employment - Rickey Cooksey
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: October 2, 2007
South Texas Oil Company
By: /s/ Murray N. Conradie
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Murray N. Conradie, Chief Executive Officer