SECURITIES AND EXCHANGE COMMISSION

                    Washington, D.C. 20549

                           FORM 8-K
                           --------

        Current Report Pursuant to Section 13 or 15(d) of
                   The Securities Act of 1934



        Date of Report (Date of earliest event reported)
 
                        July 9, 1997
        ------------------------------------------------


                       Geo Petroleum, Inc.
     ------------------------------------------------------
     (Exact name of registrant as specified in its charter)


   California            0-20915           33-0328958
   -----------------     -------------     -------------------
   (State or other       (Commission       (I.R.S. Employer
   jurisdiction          File Number)      Identification No.)
   of incorporation)


   501 Deep Valley Drive, Suite 300
   --------------------------------

   Rolling Hills Estates, CA                         90274
   ----------------------------------------------------------
   (Address of principal executive offices)        (Zip Code)


       Registrant's telephone number, including area code
                          310-265-0721
                          -------------


     25660 Crenshaw Blvd., Suite 201  Torrance, CA  90505
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- -
 (Former name or former address, if changed since last 
report.)









                       Geo Petroleum, Inc.


Item 5 Other Events



GEO PETROLEUM, INC. ACQUIRES 850 ACRES FOR OIL DEVELOPMENT
- ----------------------------------------------------------

     Rolling Hills Estates, July 9, 1997:  Geo Petroleum, Inc. 
     ------------------------------------
(Symbol: GOPL), an independent oil and gas development and 
exploration company based in Rolling Hills Estates, 
California, announced today that it has completed the 
acquisition of the Somis Oil Field located on 850 gross acres 
(675 net) in Ventura County, California.  The company intends 
to re-complete and stimulate two existing wells, and to drill 
new horizontal wells on the surrounding acreage in order to 
produce oil from the known, fractured oil reservoirs.

     Substantial oil in place is known to exist in the field, 
originally drilled by Buttes Gas & Oil, Texaco, and Exxon.  
However, the production methods in use have not been adequate 
to achieve significant production.  A consulting geologist 
will conduct a study of the acreage in order to determine if 
the present production can be extended.  Additionally, Geo 
intends to retain an independent petroleum engineer to provide 
a current estimate of the volumes of proved reserves and 
future revenues.

     Safe Harbor for Forward-Looking Statements: Except for 
historical information contained herein, the statements in 
this 
news release are forward-looking statements that are made 
pursuant to the safe harbor provisions of the Private 
Securities 
Litigation Reform Act of 1995.

     Forward-looking statements involve known and unknown 
risks 
and uncertainties which may cause the Company's actual results 
in the future periods to differ materially from forecasted 
results.  These risks and uncertainties include, among things, 
volatility of oil prices, product demand, market competition, 
risk inherent in the Company's international operations, 
imprecision of reserve estimates and the Company's ability to 
replace and expand oil and gas reserves.  These and other 
risks are described in the Company's Annual Report on Form 
10KSB and other filings with the Securities and Exchange 
Commission.

     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.

Geo Petroleum, Inc.
- ---------------------
Registrant
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GERALD T. RAYDON
- -----------------------------
GERALD T. RAYDON
(PRESIDENT)
D:\Geo\1 Documents provided on disk from client\018sec