8-K

                       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) May 12, 2005


                                THE BEARD COMPANY
             (Exact name of registrant as specified in its charter)


          Oklahoma                  1-12396                    73-0970298
(State or other jurisdiction      (Commission                (IRS Employer
     of incorporation)            File Number)            Identification No.)


                                Enterprise Plaza
                               5600 N. May Avenue
                                    Suite 320
                          Oklahoma City, Oklahoma 73112
               (Address of principal executive offices) (Zip Code)

                                 (405) 842-2333
              (Registrant's telephone number, including area code)

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

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

[ ] 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))


Information to be Included in the Report

Item 7.01  Regulation FD Disclosure.

     On May 12, 2005, the Company issued a press release announcing the
completion results on four new gas wells in Colorado. A copy of the press
release is attached hereto as Exhibit 99.

Item 9.01 Financial Statements and Exhibits.

     (c)  Exhibits.

Exhibit No.                    Description
- -----------                    -----------

   99                   Press release dated May 12, 2005


                                   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.

                                      THE BEARD COMPANY

                                      /s/ Herb Mee, Jr.
                                      -------------------------------
                                      Herb Mee, Jr., President

May 13, 2005

EX-99

                                                                      Exhibit 99

[The Beard Company Logo]

 THE BEARD COMPANY                                                News Release
Enterprise Plaza, Suite 320
5600 North May Avenue                                Herb Mee, Jr., President
Oklahoma City, Oklahoma 73112
(405) 842-2333    OTCBB:  BRCO

                           THE BEARD COMPANY ANNOUNCES
                           COMPLETION RESULTS ON FOUR
                          ADDITIONAL WELLS IN COLORADO

FOR IMMEDIATE RELEASE:  Thursday, May 12, 2005

     Oklahoma City, Oklahoma --- The Beard Company (OTCBB:BRCO) today announced
that Vista Resources ("Vista") of Pittsburgh, Pennsylvania has now completed and
tested four additional wells on the acreage we farmed out to them in Section 36,
Township 3 North, Range 48 West, in Yuma County, Colorado.

     The Yuma-5 State #21-36 had an indicated wellhead open flow of 630 mcfd
(thousand cubic feet per day), the Yuma-5 #32-36 had an indicated wellhead open
flow of 416 mcfd, the Yuma-5 #33-36 had an indicated wellhead open flow of 629
mcfd and the Yuma-5 #42-36 had an indicated wellhead open flow of 709 mcfd.

     As previously reported, we have a 22.5% working interest in these four
additional wells. Preliminary indications are that the six wells drilled to date
are expected to have reserves ranging from 300 mmcf (million cubic feet) to 500
mmcf each. It is anticipated that the wells will be placed on production next
month with expected initial production of 150-200 mcf per day from each well.

     Herb Mee, Jr., President of the Company, stated: "We are excited that all
of the wells drilled to date have been successful and appear to be good wells.
Depending upon their initial production, we may have one or two additional
locations to drill in the future. The Vista wells should be a source of
meaningful income to us for a number of years."

     The Beard Company's common stock is traded on the OTC Bulletin Board under
the symbol: BRCO. Its operations consist principally of coal reclamation
activities, carbon dioxide (CO2) gas production, the construction of fertilizer
plants in China, and its e-commerce activities aimed at developing business
opportunities to leverage starpay(TM)'s intellectual property portfolio of
Internet payment methods and security technologies.
____________________

     Statements regarding future profitability and operations, including the
timing of those activities, are "forward looking statements" within the meaning
of the Private Securities Litigation Reform Act. The statements involve risks
that could significantly impact The Beard Company. These risks include, but are
not limited to, adverse general economic conditions, unexpected costs or delays
or other unexpected events, as well as other risks discussed in detail in The
Beard Company's filings with the Securities and Exchange Commission. The Beard
Company assumes no duty to update or revise its forward-looking statements based
on changes in internal estimates or otherwise.

                                   # # # # #

FOR FURTHER INFORMATION CONTACT:  Herb Mee, Jr.

Fax Number (405) 842-9901                           Email:  hmee@beardco.com