UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):
April 1, 2011; March 31, 2011
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HIGH PLAINS GAS, INC.
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(Exact name of registrant as specified in its charter)
Nevada 333-125068 26-3633813
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
3601 Southern Dr., Gillette, Wyoming 82718
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (307) 686-5030
Northern Explorations, Ltd.
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(Former name and former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications 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 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
Amendment to the The Huber Asset Acquisition Transaction
On March 31, 2011, High Plains Gas, Inc. (the "Company") entered into Amendment
no. 4 (the "Amendment") to the Purchase and Sale Agreement (the "Purchase
Agreement") between the Company and J.M. Huber Corporation ("Huber"). According
to the amendment, High Plains Gas will deliver 1,500,000 shares of restricted
stock as consideration for the extension. Upon closing, J.M. Huber has the
option to either keep the shares and lower the purchase price by $1.5 million,
or return them to the Company. The closing date for the Agreement has been
extended until April 29, 2011. The total purchase price of the transaction is
remains $35 million.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
High Plains Gas, Inc. includes by reference the following exhibits:
No. Description
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10.1 Amendment No. 4 to the Purchase and Sale Agreement between J.M.
Huber Corporation and High Plains Gas, Inc. dated March 31, 2011.
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.
HIGH PLAINS GAS, INC.
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Date: April 1, 2011 By: \s\ Brent Cook
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Name: Brent Cook
Title: Chief Executive Officer
Principal Executive Officer
Date: April 1, 2011 By: \s\ Joseph Hettinger
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Name: Joseph Hettinger
Title: Chief Financial Officer and Director
Principal Financial Officer