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):      June 23, 2011

                            Amerigo Energy, Inc.
           (Exact name of registrant as specified in its charter)

               Delaware                   000-09047        20-3454263
      (State or other jurisdiction       (Commission      (IRS Employer
            of incorporation)            File Number)  Identification No.)

        2580 Anthem Village Dr., Henderson, NV                89052
       (Address of principal executive offices)            (Zip Code)

Registrant's telephone number, including area code:      702-399-9777

                               Not Applicable
       (Former name or former address, if changed since last report.)


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 (see General Instruction A.2. below):

 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 1 - REGISTRANT'S BUSINESS AND OPERATIONS

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On  October  31,  2008  Amerigo  Energy,  Inc  (the  "Company") entered into an
agreement with Granite Energy, Inc. to issue ten million (10,000,000) shares of
the Company's common stock for the purchase of assets  estimated at $8,604,000.
These assets did not produce anywhere near the levels that  were represented to
the Company when signing the original contract.

During June 2011, Amerigo Energy, Inc. and Granite Energy, Inc.  entered into a
settlement agreement regarding the shares issued to purchase  these assets.  As
assets.  As part of this agreement Granite Energy returned 8,500,000 shares  of
the company's common stock. Amerigo Energy, Inc. has cancelled these shares.


SECTION 8 - OTHER EVENTS

ITEM 8.01. OTHER EVENTS

The Company  had previously entered into a letter of intent for the purchase of
Grazy.com, Inc.,  and  all  of  its  corresponding intellectual property for 23
million shares of the company's stock.   Due  to  the inability to come up with
mutually agreed upon terms and the ability to settle  all  the debts of Amerigo
Energy,  Inc., the company has cancelled its letter of intent  with  Grazy.com,
Inc.

                                  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.




                    AMERIGO ENERGY, INC.
                            (Registrant)

Date:  June 23, 2011

                    By: /s/ Jason F. Griffith
		    ---------------------------
                        Jason F. Griffith
                    Its:Chief Executive Officer,
		    Chief Financial Officer and Director