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):   September 12, 2008 (September 9, 2008)

 

CREDO Petroleum Corporation

(Exact name of registrant as specified in its charter)

 

Colorado

 

0-8877

 

84-0772991

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

1801 Broadway, Suite 900 Denver, Colorado

 

80202

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (303) 297-2200

 

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):

 

o

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

o

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)

 

 

 

o

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

o

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01

 

Other Events

 

 

 

 

 

On September 9, 2008, CREDO Petroleum Corporation (the “Company”) reported it has changed its method of accounting for natural gas hedges.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

 

Item 9.01

 

Financial Statements and Exhibits

 

 

 

 

 

(d)

 

Exhibits

 

 

 

 

99.1

 

Press Release

 

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.

 

 

CREDO PETROLEUM CORPORATION

 

(Registrant)

 

 

Date: September 12, 2008

By:

/s/ Alford B. Neely

 

 

Alford B. Neely

 

 

Manager of Regulatory Compliance

 

2