-----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, N2TzKeoT3b/wtvqoDJvHxSK/OsoBXCQ/re4yZSNHbfKlA6YiK88TFZdBZkOv0eIt zfEVTU6XQvqmTgmSInSq2w== 0001193805-07-002425.txt : 20071119 0001193805-07-002425.hdr.sgml : 20071119 20070921171047 ACCESSION NUMBER: 0001193805-07-002425 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baseline Oil & Gas Corp. CENTRAL INDEX KEY: 0001291983 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 300226902 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 16161 COLLEGE OAK, SUITE 101 CITY: SAN ANTONIO STATE: TX ZIP: 78249 BUSINESS PHONE: 210-408-6019 EXT 2 MAIL ADDRESS: STREET 1: 16161 COLLEGE OAK, SUITE 101 CITY: SAN ANTONIO STATE: TX ZIP: 78249 FORMER COMPANY: FORMER CONFORMED NAME: College Oak Investments, Inc. DATE OF NAME CHANGE: 20040527 CORRESP 1 filename1.txt [Letterhead of Eaton & Van Winkle LLP] September 14, 2007 By EDGAR FILING Division of Corporate Finance U.S. Securities and Exchange Commission 100 F. Street, NE, Mail Stop 7010 Washington, D.C. 20649 Attn: Anne Nguyen Parker Re: Baseline Oil & Gas Corp. Post-Effective Amendment to Form SB-2 Filed August 17, 2007 File No. 333-134978 ---------------------------------------- Dear Ms. Parker: On behalf of Baseline Oil & Gas Corp. (the "Registrant"), we simultaneously herewith file Post-Effective Amendment No. 4 to Form SB-2 ("Amendment No. 4"), revising the Registrant's Registration Statement on Form SB-2 in reply to the comments conveyed by the Commission staff it its letter of August 28, 2007. We understand that Amendment No. 4 has been "R" tagged in the EDGAR submission to the Commission to show the Registrant's changes to its Post-Effective Amendment No. 3 previously filed with the Commission on August 17, 2007. For the Commission's benefit, we provide the following response to the Commission's comments: Form SB-2 filed August 17, 2007 - ------------------------------- 1. We note that on August 9, 2007, the company entered into an Asset Purchase and Sale Agreement with DSX Energy Limited, LLP, Kebo Oil & Gas, Inc., Sanchez Oil & Gas Corp., Sue Ann Operating,L.L.C., and others, for assets that appear to be more than 50% significant to the company. Accordingly, please revise your registration statement to include the financial statements required by Items 301(c) and (d) of Regulation S-B or advise. The Registrant's registration statement had been revised to include (i) disclosure under the "Summary - Recent Developments - Proposed Acquisition of DSX Properties" and "Business - Proposed Acquisition of DSX Properties" sections Securities and Exchange Commission September 14, 2007 Page 2 of 2 of the prospectus concerning the proposed asset transaction contemplated by that certain Asset Purchase and Sale Agreement dated as of August 7, 2007 by and among the Registrant, DSX Energy Limited, LLP, Kebo Oil & Gas, Inc., Sanchez Oil & Gas Corp., Sue Ann Operating, L.L.C., and others (the "Purchase Agreement") and (ii) the requisite financial statements for the assets of DSX Energy Limited, LLP et al. to be acquired by the Registrant under the Purchase Agreement. A new consent letter from the Registrant's accountants has also been included with respect to the foregoing financial statements. * * * In addition to the foregoing revisions, the Registrant has updated the disclosures in the registration statement concerning (a) number of issued and outstanding securities and (b) changes in management (e.g. new Chief Financial Officer) since the previous post-effective amendment was filed with the Commission. Should the Commission staff have any further questions, please do not hesitate to contact undersigned at (212) 561-3614 or Matt Cohen, Esq. at (212) 561-3602. Sincerely, /s/ Russell Bulkeley J. Russell Bulkeley -----END PRIVACY-ENHANCED MESSAGE-----