FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   BEYER HANS CHRISTIAN 2. Date of Event Requiring Statement (Month/Day/Year) 07/27/2006 3. Issuer Name and Ticker or Trading Symbol DEER VALLEY CORP [DVLY] (Last) (First) (Middle) 4902 EISENHOWER BLVD., SUITE 185 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) TAMPA, FL 33634 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) COMMON STOCK 532,600 (1) I see footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
SERIES A CONVERTIBLE PREFERRED STOCK	  (2)	  (2)	COMMON STOCK	13,334	$ 0.75	D	Â
SERIES A COMMON STOCK PURCHASE WARRANTS	  (3)	  (3)	COMMON STOCK	13,334	$ 1.5	D	Â
SERIES B COMMON STOCK PURCHASE WARRANTS	  (4)	  (4)	COMMON STOCK	6,667	$ 2.25	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BEYER HANS CHRISTIAN 4902 EISENHOWER BLVD. SUITE 185 TAMPA, FL 33634	  X	Â	Â	Â

Signatures

/s/ HANS C. BEYER		08/04/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes (a) 342,500 shares of common stock owned indirectly through Daedalus Consulting, Inc., and (b) 190,100 common shares indirectly owned by nature of Mr. Beyer's indirect ownership of Apogee Financial Investments, Inc. Mr. Beyer disclaims beneficial ownership of securities owned by Daedalus Consulting, Inc. and Apogee Financial Investments, Inc., except to the extent of his pecuniary interest therein, and the inclusion of these shares in this Filing shall not be deemed an admission of beneficial ownership of all of the reported shares or for any other purpose.
(2)	The reporting person beneficially owns 1,000 shares of Series A Convertible Preferred Stock. Each share of Series A Preferred Stock, together with any accrued and unpaid dividends, is convertible into 13 and 1/3 shares of Common Stock at the option of the holder at any time after the earlier of (1) the date on which the United States Securities and Exchange Commission declares effective the Company's registration statement registering the Series A Preferred Stock for resale, or (2) the date that the holder of the Series A Convertible Preferred Stock has satisfied the minimum one (1) year holding requirements set forth in Rule 144(d) promulgated by the United States Securities and Exchange Commission under the Securities Act, as amended. There is no expiration date for Series A Preferred Stock.
(3)	A Series A warrant is exercisable, in whole or in part, at any time after the earlier of (a) the date a registration statement covering such Series A warrants and underlying common stock is declared effective, or (b) twelve (12) months from the date of grant ("Initial Exercise Date") and before the close of business on the date five (5) years from the Initial Exercise Date.
(4)	A Series B warrant is exercisable, in whole or in part, at any time after the earlier of (a) the date a registration statement covering such Series B warrants and underlying warrant shares is declared effective, or (b) twelve (12) months from the date of grant ("Initial Exercise Date") and before the close of business on the date seven (7) years from the Initial Exercise Date.

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