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 24, 2014


CIRCLE STAR ENERGY CORP.
(Exact name of registrant as specified in its charter)

 
Nevada
(State or other jurisdiction
of incorporation)
 
000-53868
(Commission
File Number)
 
30-0696883
(IRS Employer
Identifica­tion No.)

7065 Confederate Park Road, Suite 102
Fort Worth, Texas  76108
(Address of principal executive offices)(Zip Code)

(817) 744-8502
Registrant's telephone number, including area code

N/A
(Former name or 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 (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 2.01                      Completion of Acquisition or Disposition of Assets.

On January 24, 2014, the registrant sold all of its share of royalty and overriding interests in certain properties held by the registrant’s wholly-owned subsidiary, JHE Holdings, LLC, for a total of $2,000,000 in cash to three parties unrelated to the registrant:  GOC Madison, LLC, AshTan Royalties, LLC, and WABR, LLC.  The properties were located in Madison, Grimes, Dimmit and Fayette Counties, Texas.  The registrant is using most of the proceeds from the sale to reduce its debt and accounts payable.



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.

 
CIRCLE STAR ENERGY CORP.
(Registrant)
 
 
January 30, 2014
 
 
By:  /s/ S. Jeffrey Johnson                               
 
        S. Jeffrey Johnson
        Chief Executive Officer

 
 
 
 
 
 
 
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