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):   November 11, 2015

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 November 11, 2015, New Concept Energy, Inc. (“GBR” or the “Company”) announced its operational results for the quarter ended September 30, 2015.  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 November 11, 2015
_____________________ *Furnished herewith.

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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: November 11, 2015  NEW CONCEPT ENERGY, INC.     By: /s/ Gene S. Bertcher Gene S. Bertcher, President and Chief Financial Officer

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EX-99.1

NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(unaudited)
(amounts in thousands)
	September 30, 2015		December 31, 2014
Assets
Current assets
Cash and cash equivalents	$	581	$	300
Accounts receivable from oil and gas sales		120		216
Other current assets		421		182
Total current assets		1,122		698
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion		8,585		8,809
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations		820		1,476
Other		146		162
Total property and equipment		966		1,638
Other assets (including $125 due from related parties in 2014)		1,247		1,129
Total assets	$	11,920	$	12,274

NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS - CONTINUED
(unaudited)
(amounts in thousands, except share amounts)
	September 30, 2015			December 31, 2014
Liabilities and stockholders' equity
Current liabilities
Accounts payable - trade	$	160		$	673
Accrued expenses		291			229
Current portion of long term debt		834			881
Total current liabilities		1,285			1,783
Long-term debt
Notes payable less current portion		1,223			1,428
Asset retirement obligation		2,770			2,770
Total liabilities		5,278			5,981
Stockholders' equity
Preferred stock, Series B		1			1
Common stock, $.01 par value; authorized, 100,000,000
shares; issued and outstanding, 1,946,934 shares
at September 30, 2015 and December 31, 2014		20			20
Additional paid-in capital		58,838			58,838
Accumulated deficit		(52,217	)		(52,566	)
		6,642			6,293
Total liabilities & equity	$	11,920		$	12,274

NEW CONCEPT ENERGY, INC AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF OPERATIONS
(unaudited)
(amounts in thousands, except per share data)
	For the Three Months ended September 30,						For the Nine Months ended September 30,
	2015			2014			2015			2014
Revenue
Oil and gas operations, net of royalties	$	232		$	410		$	663		$	1,239
Real estate operations		772			721			2,233			2,174
		1,004			1,131			2,896			3,413
Operating expenses
Oil and gas operations		527			447			1,437			1,355
Real estate operations		423			400			1,248			1,183
Lease expense		245			240			735			721
Corporate general and administrative		176			208			485			605
		1,371			1,295			3,905			3,864
Operating earnings (loss)		(367	)		(164	)		(1,009	)		(451	)
Other income (expense)
Interest income		6			1			6			3
Interest expense		(12	)		(22	)		(54	)		(75	)
Recovery of bad debt expense		306			-			1430			0
Other income (expense), net		(8	)		(19	)		(24	)		180
Other income (expense)		292			(40	)		1,358			108
Net income (loss) applicable to common shares	$	(75	)	$	(204	)	$	349		$	(343	)
Net income (loss) per common share-basic and diluted	$	(0.04	)	$	(0.10	)	$	0.18		$	(0.18	)
Weighted average common and equivalent shares outstanding - basic		1,947			1,947			1,947			1,947