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

 

August 4, 2015

Date of Report

(Date of earliest event reported)

 

 

 

CITADEL EXPLORATION, INC.
(Exact name of registrant as specified in its charter)
Nevada		000-54639		27-1550482
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

417 31st Street, Unit A, Newport Beach, CA		92663
(Address of principal executive offices)		(Zip code)
(949) 612-8040
(Registrant’s telephone number, including area code)

 

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))

 

Section 7 – Regulation FD

 

Item 7.01 Regulation FD Disclosure

 

Press Release

 

On August 4, 2015, Citadel Exploration, Inc. (the "Company") announced that it has acquired the Kern Bluff Oil Field, which was discovered in 1947 for $2,000,000 and six million shares of common stock. The asset acquisition includes approximately 1,100 acres, production facilities, one well producing approximately 8 barrels of oil per day, and over 30 idle well bores.

 

The Company is disclosing under Item 7.01 of this Current Report on Form 8-K the foregoing information.

 

In addition, the Company is disclosing under Item 7.01 of this Current Report on Form 8-K the information attached to this report as Exhibit 99.1, which information is incorporated by reference herein.

 

The Company is furnishing the information in this Current Report on Form 8-K to comply with Regulation FD. Such information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent as referenced to such filing.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 – Financial Statements and Exhibits

 

Exhibit No.	Description of Exhibit
99.1	Press Release – Dated August 4, 2015

 

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.

 

 

	CITADEL EXPLORATION, INC.
	By: /s/ Armen Nahabedian
	Armen Nahabedian     Chief Executive Officer

 

Date: August 4, 2015

 

 

INDEX TO EXHIBITS

 

Exhibit No.		Description
Exhibit 99.1		Press Release dated August 4, 2015 announcing the acquisition of the Kern Bluff Oil Field.