-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Jvw9AOvrXI+DZbeerL2uPAqmjdW8m1MEjH2nXSO4Rva+3HS12/ydwnJUhkxRKUb5
 WYyB86HcDSs3n2DfDsj+Rw==

<SEC-DOCUMENT>0001443905-09-000003.txt : 20090817
<SEC-HEADER>0001443905-09-000003.hdr.sgml : 20090817
<ACCEPTANCE-DATETIME>20090817162945
ACCESSION NUMBER:		0001443905-09-000003
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090817
DATE AS OF CHANGE:		20090817
EFFECTIVENESS DATE:		20090817

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PASSPORT ENERGY FUND LTD
		CENTRAL INDEX KEY:			0001443905
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-121866
		FILM NUMBER:		091019460

	BUSINESS ADDRESS:	
		STREET 1:		C/O OGIER FIDUCIARY SERVICES (BVI) LTD
		STREET 2:		P.O. BOX 3170
		CITY:			ROAD TOWN
		STATE:			D8
		ZIP:			BVI
		BUSINESS PHONE:		415-321-4600

	MAIL ADDRESS:	
		STREET 1:		C/O OGIER FIDUCIARY SERVICES (BVI) LTD
		STREET 2:		P.O. BOX 3170
		CITY:			ROAD TOWN
		STATE:			D8
		ZIP:			BVI
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001443905</cik>
        <entityName>PASSPORT ENERGY FUND LTD</entityName>
        <issuerAddress>
            <street1>C/O OGIER FIDUCIARY SERVICES (BVI) LTD</street1>
            <street2>Nemours Chambers</street2>
            <city>ROAD TOWN</city>
            <stateOrCountry>D8</stateOrCountry>
            <zipCode>BVI</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>415-321-4600</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>VIRGIN ISLANDS, BRITISH</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>Howard</middleName>
                <lastName>Burbank</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 Hotaling Place</street1>
                <street2>Suite 300</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>John H. Burbank III serves both as director and as sole managing member to Passport Capital, LLC which serves as sole managing member to Passport Management, LLC which is the investment manager to Passport Energy Fund, Ltd.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName></middleName>
                <lastName>Arnott</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>PO Box 31695</street1>
                <street2></street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <zipCode>KY1-1207</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <middleName></middleName>
                <lastName>Young</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>PO Box 10957</street1>
                <street2></street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <zipCode>KY1-1007</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$5,000,001 - $25,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-08-037110</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2007-12-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>114000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>104729436</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>0</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>20</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>The Recipient listed in Item 12 is only soliciting investors outside the US. They have not yet received any compensation, in the future they will be paid a portion of mgmt fees and/or incent fees received by related Passport entities.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>Passport Management (invest manager) and Passport Capital (general ptnr) receive mgmt fees and incentive fees from this fund as % of partners capital for mgmt fees and % of performance for incent fees.  Also, 2 of the 3 directors receive annual fee.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PASSPORT ENERGY FUND LTD</issuerName>
                <signatureName>John H. Burbank III</signatureName>
                <nameOfSigner>John H Burbank III</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2009-08-17</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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