-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Lj1k/IzgkiIdNK1Y/wx5Fx/iZR0PInOB6TROWMGYe9umf3HyHNgus2MDfdqAuuNS ePbrx+efmrwbf2sSg/uHgw== 0001052918-07-000007.txt : 20070108 0001052918-07-000007.hdr.sgml : 20070108 20070108161849 ACCESSION NUMBER: 0001052918-07-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070102 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070108 DATE AS OF CHANGE: 20070108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAYBREAK OIL & GAS INC CENTRAL INDEX KEY: 0001164256 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 910626366 STATE OF INCORPORATION: WA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50107 FILM NUMBER: 07517818 BUSINESS ADDRESS: STREET 1: 601 W. MAIN AVE. STREET 2: SUITE 1017 CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: (509) 462-0315 MAIL ADDRESS: STREET 1: 601 W. MAIN AVE. STREET 2: SUITE 1017 CITY: SPOKANE STATE: WA ZIP: 99201 FORMER COMPANY: FORMER CONFORMED NAME: DAYBREAK MINES INC DATE OF NAME CHANGE: 20011231 8-K 1 lindseyfinal8kfiling1807.htm DAYBREAK OIL AND GAS, INC. FORM 8-K OMB APPROVAL




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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 2, 2007


DAYBREAK OIL AND GAS, INC.

(Exact Name of Registrant as Specified in its Charter)


   

Washington

000-50107

91-0626366

(State or other jurisdiction of incorporation)

(Commission File  Number)

(IRS Employer Identification No.)


   

601 W. Main Ave., Suite 1012

Spokane, WA

  

99201

(Address of principal executive offices)

  

(Zip Code)


Registrant's telephone number, including area code: (509) 232-7674


N/A

(Former Name or Former Address if Changed Since Last Report)


Check the appropriate box below if the Form 8K fining 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 (17CFR230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

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

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


SEC 873  (5-06)  Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.



ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS of CETAIN OFFICERS.

On January 2, 2007, Mr. Timothy R. Lindsey was appointed to the Board of Directors of Daybreak Oil and Gas, Inc. Mr. Lindsey has over thirty years of technical and executive leadership in exploration, production, technology, and business development in the United States, Canada, Africa, Europe, Latin America and Asia – Pacific.

From March 2005 to the present, Mr. Lindsey has been a Principal of Lindsey Energy and Natural Resources an independent consulting firm specializing in energy and mining industry issues. From September 2003 to March 2005, Mr. Lindsey held the positions of Vice-President, Exploration and Senior Vice-President, Exploration with the Houston Exploration Company (NYSE:THX), a Houston-based independent natural gas and oil company engaged in the exploration, development, exploitation and acquisition of domestic natural gas and oil properties. From October 1975 to February 2003, Mr. Lindsey was employed with Marathon Oil Corporation (NYSE: MRO), a Houston-based company engaged in the worldwide exploration and production of crude oil and natural gas, as well as the domestic refining, marketing and transportation of petroleum products. During his 27 year tenure with Marathon, Mr. Lindsey held a number of positions includi ng senior management roles in both domestic and international exploration and business development.

Mr. Lindsey obtained his Bachelor of Science Degree in Geology from Eastern Washington University in 1973, and completed his graduate studies in Economic Geology from the University of Montana in 1975.  In addition, he completed the Advanced Executive Program from the Kellogg School of Management at Northwestern University in 1990. Mr. Lindsey is a member of the American Association of Petroleum Geologists and the Rocky Mountain Association of Geologists.

Appointment to Committees of the Board of Directors

Mr. Lindsey has not been appointed to serve on any committees of the Board of Directors at this time.

Mr. Lindsey also serves as a director for Challenger Energy Corp., a Calgary Alberta, Canada based oil and gas exploration company that is listed on the TSX Venture Exchange in Toronto, Canada. The trading symbol for Challenger is CHA.V.

There are no understandings or arrangements between Mr. Lindsey and any other person pursuant to which Mr. Lindsey was selected as a Director. Mr. Lindsey does not have any family relationship with any director, executive officer or person nominated or chosen by us to become a director or executive officer.

Prior Transactions with the Company

Mr. Lindsey has not been involved with any transaction or proposed transaction with the company within the last two years.



Item 7.01 Regulation FD


A copy of the press release relating to the appointment of Mr. Linsey to the Daybreak Board is attached to this report as Exhibit 99.1 and is incorporated herein by reference.


This information is being disclosed pursuant to Regulation FD. Accordingly, the information in Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1934, except as shall be expressly set forth by specific reference in such filing.






ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS



d) Exhibits:



99.1

Press Release from January 8, 2007












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.



Daybreak Oil and Gas, Inc.



/s/ Terrence J. Dunne

By:_________________________________

Terrence J. Dunne, Chief Financial Officer


Date:     January 8, 2006







EX-99 2 ex99.htm PRESS RELEASE Daybreak Adds New Board Member

Exhibit 99.1



Tim Lindsey Joins Daybreak Board of Directors

and Daybreak Initiates Drilling of Krotz Springs Project


Spokane, Washington – January 8th, 2007 - Daybreak Oil and Gas, Inc. (OTC Bulletin Board: DBRM. OB) a Washington Corporation, today announced that Tim R. Lindsey has been appointed to the Board of Directors of Daybreak. Mr. Lindsey has over thirty years of technical and executive leadership in exploration, production, technology, and business development in the United States, Canada, Africa, Europe, Latin America and Asia – Pacific.

From March 2005 to the present, Mr. Lindsey has been a Principal of Lindsey Energy and Natural Resources an independent consulting firm specializing in energy and mining industry issues. From September 2003 to March 2005, Mr. Lindsey held the positions of Vice-President, Exploration and Senior Vice-President, Exploration with the Houston Exploration Company, a Houston-based independent natural gas and oil company engaged in the exploration, development, exploitation and acquisition of domestic natural gas and oil properties. From October 1975 to February 2003, Mr. Lindsey was employed with Marathon Oil Corporation, a Houston-based company engaged in the worldwide exploration and production of crude oil and natural gas, as well as the domestic refining, marketing and transportation of petroleum products. During his 27 year tenure with Marathon, Mr. Lindsey held a number of positions including senior management roles in both domestic and international exploration and business development.

Mr. Lindsey obtained his Bachelor of Science Degree in Geology from Eastern Washington University in 1973, and completed his graduate studies in Economic Geology from the University of Montana in 1975. Mr. Lindsey is a member of the American Association of Petroleum Geologists and the Rocky Mountain Association of Geologists.

Mr. Lindsey is quoted as stating “Joining the Daybreak Board is an exciting opportunity to participate in a successful early-stage exploration and development Company.  Daybreak’s current inventory of drill-ready projects, coupled with a select portfolio of leasehold and seismic data offer a solid platform for growth and value-creation over a fairly short timeframe.  Seeking both strategic and opportunistic objectives in the future will allow the Company to achieve continued success in today’s highly volatile and competitive arena.”


In other news today Daybreak announced drilling has commenced on the Krotz Springs Project in St. Landry Parish, Louisiana. The well has a target depth of 10,800 feet and will test what is believed to be a significant target in the Third Cockfield Sand. The Krotz Springs Field has been a prolific gas field throughout its 60 year history with past production over 900 BCF (billion cubic feet) of gas. Daybreak is the operator of this project.



For information about Daybreak Oil and Gas, Inc., please contact:


Eric Moe

Telephone:

(509) 465-4541

Email:

emoe27@aol.com


Mike McIntyre

Telephone:

(604) 484-6243

Email:

mmac10@shaw.ca


 “Safe Harbor” Statement under Private Securities Litigation Reform Act of 1995: Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains “forward-looking statements” which can be identified by the use of forward-looking terminology such as “believe”, “expect”, “may”, “should”, “up to”, “approximately”, “likely”, or “anticipates” or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performa nce or achievements expressed or implied by such forward-looking statements.




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