Calibre Energy, Inc. Form 8K
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): January
16, 2007
____________________
Calibre
Energy, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Nevada
(State
or
Other Jurisdiction of Incorporation)
000-50830
(Commission
File Number)
|
88-0343804
(I.R.S.
Employer Identification No.)
|
1667
K St., NW, Ste. 1230
Washington,
DC
(Address
of Principal Executive Offices)
|
20006
(Zip
Code)
|
Registrant’s
telephone number, including area code: (202)
223-4401
|
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 (see General Instruction A.2. below):
[ ]
|
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 Material Definitive Agreement
Exploration
and Production Sharing Agreement
On
January 16, 2007 Calibre Energy, Inc. (“Calibre”) entered into a Business
Opportunity Agreement with Standard Drilling, Inc. (“Standard Drilling”). In the
Business Opportunity Agreement, Calibre agrees not to acquire, invest in or
operate any oilfield services business, including any oilfield drilling
business. In exchange, Standard Drilling agrees not to acquire, invest in or
operate any oil and gas exploration, exploitation, development and production
business other than specified prospects that Standard Drilling currently holds.
The Business Opportunity Agreement will expire December 31, 2009, provided
either party may terminate the agreement if there is a change of control of
the
party.
This
summary description of the Business Opportunity Agreement does not purport
to be
complete and is qualified in its entirety by reference to the document that
is
filed as Exhibit 10.1 hereto.
Item
9.01 Financial Statements and Exhibits
The
following exhibit is filed as part of this 8-K:
Exhibit
No. Description
10.1 Business
Opportunity Agreement dated January 16, 2007 between Calibre Energy, Inc. and
Standard Drilling, Inc.
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.
CALIBRE
ENERGY, INC.
Date: January
17, 2007 By: /s/
Prentis B. Tomlinson, Jr.
Name: Prentis
B. Tomlinson, Jr., President
EXHIBIT
INDEX
Exhibit
No. Description
10.1 Business
Opportunity Agreement dated January 16, 2007 by and between Calibre Energy,
Inc.
and Standard Drilling, Inc.