8-K

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

Date of Report (Date of earliest event reported):     August 12, 2013

NEW CONCEPT ENERGY, INC.

(Exact Name of Registrant as Specified in its Charter)

Nevada	000-08187	75-2399477
(State or other jurisdiction of incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

1603 LBJ Freeway, Suite 300 Dallas, Texas	75234
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code    972-407-8400

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 2 – Financial Information

Item 2.02.  Results of Operations and Financial Condition

On August 12, 2013, New Concept Energy, Inc. (“GBR” or the “Company”) announced its operational results for the quarter ended June 30, 2013.  A copy of the announcement is attached as Exhibit “99.1.”

The information furnished pursuant to Item 2.02 in this Form 8-K, including Exhibit “99.1” attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.  We undertake no duty or obligation to publicly-update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.

Section 9 – Financial Statements and Exhibits

Item 9.01.  Financial Statements and Exhibits

(d) Exhibits.

The following exhibit is furnished with this Report:

Exhibit Designation	Description of Exhibit
99.1*	Press Release dated August 12, 2013.
_____________________ *Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly-caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly-authorized.

Dated: August 13, 2013	NEW CONCEPT ENERGY, INC.
	By:     /s/ Gene S. Bertcher
	Gene S. Bertcher, President and Chief
	Financial Officer

EX-99.1

NEW CONCEPT ENERGY, INC. AND SUBSIDARIES
CONSOLIDATED BALANCE SHEETS
(unaudited)
(amounts in thousands)
	June 30, 2013		December 31, 2012
Assets
Current assets
Cash and cash equivalents	$	960	$	398
Accounts receivable from oil and gas sales		236		210
Other current assets		6		2
Total current assets		1,202		610
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion		9,432		9,717
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations		1,461		1,410
Other		193		204
Total property and equipment		1,654		1,614
Other assets (including $119,625 and $161,300 due from related parties
in 2013 and 2012		576		543
Total assets	$	12,864	$	12,484

NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS - CONTINUED
(unaudited)
(amounts in thousands, except share amounts)
	June 30, 2013			December 31, 2012
Liabilities and stockholders' equity
Current liabilities
Accounts payable - trade	$	137		$	38
Accrued expenses		232			173
Current portion of long term debt		48			93
Total current liabilities		417			304
Long-term debt
Notes payable less current portion		2,321			2,273
Asset retirement obligation		2,770			2,770
Other long-term liabilities		541			491
Total liabilities		6,049			5,838
Stockholders' equity
Preferred stock, Series B		1			1
Common stock, $.01 par value; authorized, 100,000,000
shares; issued and outstanding, 1,946,935 shares
at June 30, 2013 and December 31, 2012		20			20
Additional paid-in capital		58,838			58,838
Accumulated deficit		(52,044	)		(52,213	)
		6,815			6,646
Total liabilities & equity	$	12,864		$	12,484

NEW CONCEPT ENERGY, INC AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF OPERATIONS
(unaudited)
(amounts in thousands, except per share data)
	For the Three Months ended June 30,						For the Six Months ended June 30,
	2013			2012			2013			2012
Revenue
Oil and gas operations, net of royalties	$	384		$	325		$	724		$	615
Real estate operations		666			663			1,346			1,337
		1,050			988			2,070			1,952
Operating expenses
Oil and gas operations		493			453			949			924
Real estate operations		383			353			769			719
Lease expense		236			231			472			462
Corporate general and administrative		170			134			343			293
Accretion of asset retirement obligation		-			34			-			68
Impairment of natural gas and oil properties		-			-			-			912
		1,282			1,205			2,533			3,378
Operating earnings (loss)		(232	)		(217	)		(463	)		(1,426	)
Other income (expense)
Interest income		2			-			8			-
Interest expense		(24	)		(56	)		(73	)		(118	)
Recovery of bad debt expense		394			-			733			-
Other income (expense), net		(2	)		104			(36	)		108
Other income (expense)		370			48			632			(10	)
	$	138		$	(169	)	$	169		$	(1,436	)
Net income (loss) applicable to common shares
	$	0.07		$	(0.09	)	$	0.09		$	(0.74	)
Net income (loss) per common share-basic and diluted
Weighted average common and equivalent shares outstanding - basic		1,947			1,947			1,947			1,947