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 of 1934

                Date of Report (Date of earliest event reported)
                          July 29, 2003 (July 25, 2003)

                     St. Mary Land & Exploration Company
             (Exact name of registrant as specified in its charter)

          Delaware                   001-31539                   41-0518430
(State or other jurisdiction        (Commission                (I.R.S Employer
      of incorporation)            File Number)              Identification No.)


             1776 Lincoln Street, Suite 700, Denver, Colorado 80203
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (303) 861-8140


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






Item 5.  Other Events and Regulation FD Disclosure.

         On July 25, 2003, St. Mary Land & Exploration Company issued a
press release announcing that Ronald D. Boone, Executive Vice President and
Chief Operating Officer, will retire as an officer and employee effective
December 31, 2003 but will remain as a director of the Company. Douglas W. York
has been promoted to Executive Vice President and will become Chief Operating
Officer effective September 1, 2003. Such press release is furnished as part of
this report as Exhibit 99.1.

         On July 28, 2003, the Company issued a press release providing a status
update concerning the testing of various zones for the well it has drilled in
its Duchesne Deep Prospect in the Uinta Basin in Utah. Such press release is
furnished as part of this report as Exhibit 99.2.

Item 7.  Financial Statements and Exhibits.

         (c) Exhibits.

                  The following exhibits are furnished as part of this report:

                  Exhibit 99.1  Press release of St. Mary Land & Exploration
                                Company dated July 25, 2003.

                  Exhibit 99.2  Press release of St. Mary Land & Exploration
                                Company dated July 28, 2003.

                                       2






                                   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.


                                         ST. MARY LAND & EXPLORATION COMPANY


Date:  July 29, 2003                     By: /s/ DAVID W. HONEYFIELD
                                             -----------------------
                                             David W. Honeyfield
                                             Vice President - Finance,
                                             Secretary and Treasurer

                                      3

EX-99.77Q1

                                                             EXHIBIT 99.1

                                                             For Information
                                                             ---------------
                                                             Mark A. Hellerstein
                                                             Robert T. Hanley
                                                             303-861-8140


FOR IMMEDIATE RELEASE


                      ST. MARY ANNOUNCES PERSONNEL CHANGES

DENVER, July 25, 2003 -- St. Mary Land & Exploration Company (NYSE: SM)
announced today that Ron Boone, Executive Vice President and COO, will retire as
an officer and employee effective December 31, 2003 but will remain as a St.
Mary director. Doug York has been promoted to Executive Vice President and will
become Chief Operating Officer effective September 1.

"Ron and I were hired as succession management to Tom Congdon. Tom had
transformed St. Mary from a royalty distribution company to an oil and gas
investment vehicle. He charged Ron and me with the challenge of creating a full
operating company. We had a common goal; to build St. Mary into a company we
could be proud of, both in terms of economics and maintaining the highest
ethical and moral values. Over the past twelve years, Ron has been instrumental
in helping to assemble the talent base that has built St. Mary into a highly
respected public company with an enterprise value of $1 billion. More
importantly we have become close and trusted friends. I am delighted to have
worked with a person of the absolute highest quality in all senses of the word.
His technical, managerial and business skills are best in class, and his
integrity and loyalty are beyond reproach. At the same time, I am pleased for
Ron that he has achieved his career goals and has the opportunity to pursue a
variety of interests and passions. I am also pleased that Ron will continue as a
St. Mary Board member. Over the past two years, we have implemented a plan for
succession that has resulted in very strong regional managers in whom I have
great confidence along with increased responsibilities for Doug York. I am very
pleased that Doug will be the person to succeed Ron. Not only has he learned the
St. Mary way of doing things, but he has the full set of skills to take on this
challenging position in a seamless manner," noted Mark Hellerstein, Chairman,
CEO and President.

Doug York has served St. Mary in various capacities over the past seven years,
most recently as Vice President - Manager of Engineering and Acquisitions. Mr.
York received a B.S. in Petroleum Engineering at The University of Tulsa and has
post graduate credits in Finance and Accounting. He spent over nine years at
ARCO Oil and Gas Company, in a variety of positions from drilling engineer to
Senior Operations/Analytical Engineer to Planning Analyst. Prior to joining St.
Mary in 1996 he spent approximately three years at Meridian Oil Company (now
Burlington Resources) in roles as Acquisition Coordinator and Regional Engineer.
He has successfully managed St. Mary's reservoir engineering and acquisition
effort for seven years.

This release contains forward looking statements within the meaning of
securities laws, including forecasts and projections for future periods. The
words "will," "believe," "anticipate," "intend," "estimate," "forecast" and
"expect" and similar expressions are intended to identify forward looking
statements. These statements involve known and unknown risks, which may cause
St. Mary's actual results to differ materially from results expressed or implied
by the forward looking statements. These risks include such factors as the
volatility and level of oil and natural gas prices, production rates and reserve
replacement, reserve estimates, drilling and operating service availability and
uncertainties in cash flow, the financial strength of hedge contract
counterparties, the availability of attractive exploration and development and
property acquisition opportunities and any necessary financing, expected
acquisition benefits, competition, litigation, environmental matters, the
potential impact of government regulations, and other such matters discussed in
the "Risk Factors" section of St. Mary's 2002 Annual Report on Form 10-K filed
with the SEC. Although St. Mary may from time to time voluntarily update its
prior forward looking statements, it disclaims any commitment to do so except as
required by securities laws.

                                    PR-03-11

EX-99.77Q1

                                                             EXHIBIT 99.2

                                                             For Information
                                                             ---------------
                                                             Mark A. Hellerstein
                                                             Robert T. Hanley
                                                             303-861-8140


FOR IMMEDIATE RELEASE

               ST. MARY PROVIDES UPDATE OF DUCHESNE DEEP PROSPECT

DENVER, July 28, 2003 - St. Mary Land & Exploration Company (NYSE: SM) today
provided an update of the status of the well it has drilled in its Duchesne Deep
Prospect in the Uinta Basin in Utah.

Completion of the St. Mary Ute Tribal KMV #1 is proceeding. St. Mary is
responsible for 100% of the well costs through the completion of the well and
will own a 77.5% working interest thereafter. Testing of the lower Mesaverde
Blackhawk and Castlegate intervals has been completed. To date, two intervals in
the lowermost Blackhawk interval between 15,300 feet and 15,900 feet have been
tested. Two additional intervals were tested in the Castlegate interval between
14,400 feet and 15,250 feet. The zones tested have flowed gas and water at
sub-commercial rates. The Blackhawk and Castlegate intervals were secondary
targets in the test, but the failure to establish commercial production is a
disappointment.

Testing of the primary Mesaverde section between 11,700 feet and 14,380 feet
will begin the week of July 28, 2003 and is expected to take 60 to 90 days.
Since the remaining section involves multiple sand intervals and multiple
fracture stimulations are anticipated, the Company does not currently plan to
make additional announcements about the prospect until the completion of all
zones has been accomplished.

St. Mary controls approximately 16,400 acres (10,803 net) of leasehold in the
immediate prospect area.

This release contains forward looking statements within the meaning of
securities laws, including forecasts and projections for future periods. The
words "will," "believe," "anticipate," "intend," "estimate," "forecast" and
"expect" and similar expressions are intended to identify forward looking
statements. These statements involve known and unknown risks, which may cause
St. Mary's actual results to differ materially from results expressed or implied
by the forward looking statements. These risks include such factors as the
volatility and level of oil and natural gas prices, unexpected drilling
conditions and results, production rates and reserve replacement, reserve
estimates, drilling and operating service availability and uncertainties in cash
flow, the financial strength of hedge contract counterparties, the availability
of attractive exploration and development and property acquisition opportunities
and any necessary financing, expected acquisition benefits, competition,
litigation, environmental matters, the potential impact of government
regulations, and other such matters discussed in the "Risk Factors" section of
St. Mary's 2002 Annual Report on Form 10-K filed with the SEC. Although St. Mary
may from time to time voluntarily update its prior forward looking statements,
it disclaims any commitment to do so except as required by securities laws.

                                    PR-03-12
                                       ###