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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">______________________________________________________________________________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-WEIGHT: bold;">SECURITIES
      AND EXCHANGE
      COMMISSION</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-WEIGHT: bold;">Washington,
      D.C.
      20549</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman;">FORM
      8-K</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CURRENT
      REPORT</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
      to Section&#160;13 or 15(d) of the Securities Exchange Act of 1934</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Date
      of
      Report (Date of earliest event reported): October 16, 2007</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;">GEORESOURCES,
      INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Exact
      name of registrant as specified in its charter)</font></div>
    <div><br></div>
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                    </td>
                    <td align="left" valign="top" width="2%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="29%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
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                  <tr>
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                    <td align="left" valign="top" width="2%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="29%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td align="left" valign="top" width="2%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="29%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: times new roman;">(State
                        or other jurisdiction</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                        Employer</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="29%">
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                        incorporation)</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="29%">
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                        Number)</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
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                        No.)</font></div>
                    </td>
                  </tr>

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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;">110
      Cypress Station Drive, Suite 220</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;">Houston,
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      of principal executive
      offices) (Zip Code)</font></font></div>
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      537-9920</font></div>
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      telephone number, including area code</font></div>
    <div><br></div>
    <div align="center">
      <div align="center">
        <div align="center">
          <div align="center">
            <div align="left">
              <table cellpadding="0" cellspacing="0" width="66%">

                  <tr>
                    <td valign="top" width="66%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Not
                        Applicable</font></div>
                    </td>
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                      <hr style="COLOR: black" align="left" noshade size="1" width="100%">
                    </td>
                  </tr>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(Former
                        Name or Former Address, if Changed Since Last
                        Report)</font></div>
                    </td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">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:</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;&#160;&#160;&#160;&#160;___Written
      communications pursuant to Rule&#160;425 under the Securities Act (17 CFR
      230.425)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;&#160;&#160;&#160;&#160;___Soliciting
      material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font></div>
    <div><br></div>
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      communications pursuant to Rule&#160;14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;&#160;&#160;&#160;&#160;___Pre-commencement
      communications pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">______________________________________________________________________________</font></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a name="tocpage"><font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline;">TABLE
      OF
      CONTENTS</font></a></font></div>
    <div align="left">
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              <table cellpadding="0" cellspacing="0" width="100%" style="TEXT-ALIGN: center">

                  <tr style="TEXT-ALIGN: center;">
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Page</font></font></div>
                      <div>&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Section&#160;1
&#8211;
Registrant&#8217;s
                        Business and
                        Operations </font></font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
                    </td>
                  </tr>
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                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Item&#160;1.01
&#8211;
Entry
                        into a Material Definitive
                        Agreement </font></font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Section
                        2 &#8211; Financial Information</font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                        2.01 &#8211; Completion of Acquisition or Disposition of Assets</font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                        2.03 &#8211; Creation of a Direct Financial Obligation or an Obligation
                        under
                        Off-Balance Sheet Arrangement of a Registrant</font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div>&#160;</div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Section
                        8 &#8211; Other Events</font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                        8.01 &#8211; Other Events</font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Section&#160;9.01
&#8211;
Financial
                        Statements and
                        Exhibits</font></font></div>
                    </td>
                    <td align="left" valign="middle" width="15%" style="TEXT-ALIGN: center">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%" style="TEXT-ALIGN: center">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="62%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Signature</font></font></div>
                    </td>
                    <td align="left" valign="top" width="15%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="middle" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="middle" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="middle" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="middle" width="62%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    <td valign="top" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
      </div>
    </div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a name="101">SECTION
      1 &#8211; REGISTRANT&#8217;S BUSINESS AND OPERATIONS</a></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><a name="102"><br></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ITEM
      1.01
      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; TEXT-DECORATION: underline;">Limited
      Partner Interest
      Purchase and Sale Agreement</font></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
      October 16, 2007, GeoResources, Inc. (the &#8220;Registrant&#8221;), through its subsidiary
      AROC Oil &amp; Gas, L.L.C. (&#8220;AROC&#8221;), entered into a Limited Partner Interest
      Purchase and Sale Agreement (the &#8220;Purchase Agreement&#8221;) with an unaffiliated
      company, TIFD III-X LLC (&#8220;TIFD&#8221;) for the acquisition (the &#8220;Acquisition&#8221;) of 98%
      of AROC Energy, LP (the &#8220;Limited Partnership&#8221;).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Prior
      to
      the execution of the Purchase Agreement, TIFD owned 98% (the &#8220;Interest&#8221;) of the
      Limited Partnership and the Registant, through a wholly owned subsidiary, was
      the general partner of the Limited Partnership, owning 2% of the Limited
      Partnership.&#160;&#160;The Acquisition includes oil and gas properties located
      in Louisiana, the Gulf Coast, South Texas, the Permian Basin and the Black
      Warrior Basin.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Under
      the
      Purchase Agreement, the Registrant purchased the Interest from TIFD for a cash
      purchase price of $91,100,000 (the &#8220;Purchase Price&#8221;) and paid $12,952,000 to
      cancel the Limited Partnership&#8217;s oil and gas hedge contracts.&#160;&#160;These
      costs were funded with cash of $8,052,000 and borrowings of $96.0 million under
      an Amended and Restated Credit Agreement described below.&#160;&#160;The
      purchase and sale of the Interest was effective on the date of closing of the
      Purchase Agreement, October 16, 2007 and resulted in the Registrant&#8217;s total
      ownership percentage in the Limited Partnership to be 100%.&#160;&#160;The
      Registrant intends to dissolve the Limited Partnership as soon as
      practicable.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Purchase Agreement&#160;&#160;also contains mutual indemnification
      provisions.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; TEXT-DECORATION: underline;">Amended
      and Restated Credit
      Agreement</font></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
      October 16, 2007, the Registrant, as borrower, entered into an Amended and
      Restated Credit Agreement (the &#8220;Amendment&#8221;) with Wachovia Bank, National
      Association (&#8220;Wachovia&#8221;), as Administrative Agent, Issuing Bank, Sole Lead
      Arranger and Sole Bookrunner (the &#8220;Lender&#8221;).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
      to the Amendment, the Registrant secured an Amended and Restated Senior Secured
      Revolving Credit Facility (the &#8220;Amended Credit Facility&#8221;), which is available to
      provide financing to the Registrant of up to $200.0 million.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      initial borrowing base of the Amended Credit Facility is $110.0 million, and
      is
      subject to redetermination on June 1 and December 1 of each year.&#160;&#160;The
      amounts borrowed under the Amendment bear interest at either (a) the London
      Interbank Offered Rate (&#8220;LIBOR&#8221;) plus 1.50% to 2.25% or (b) the prime lending
      rate of Wachovia plus .5% to 1.25%, depending on the amount borrowed under
      the
      Amended Credit Facility.&#160;&#160;Principal amounts outstanding under the
      Amended Credit Facility are due and payable in full at maturity, October<font style="DISPLAY: inline; FONT-WEIGHT: bold;">&#160;</font>16, 2010.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Additional
      payments due under the Amended Credit Facility, include paying a commitment
      fee
      to the Lender in respect of the unutilized commitments
      thereunder.&#160;&#160;The commitment rate is 0.375% to 0.50% per year depending
      on the amount of borrowing base utilization.&#160;&#160;The Registrant is also
      required to pay customary letter of credit fees.</font></div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">1</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">All
      of
      the obligations under the Amended Credit Facility, and the guarantees of those
      obligations, are secured by substantially all of the Registrant&#8217;s
      assets.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Amended Credit Facility contains a number of covenants that, among other things,
      restrict, subject to certain exceptions, the Registrant&#8217;s ability to incur
      additional indebtedness, create liens on assets, make investments, enter into
      sale and leaseback transactions, pay dividends and distributions or repurchase
      its capital stock, engage in mergers or consolidations, sell certain assets,
      sell or discount any notes receivable or accounts receivable and engage in
      certain transactions with affiliates.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      addition, the Amended Credit Facility requires the Registrant to maintain the
      following financial covenants: a current ratio of not less than 1.0 to 1.0,
      a
      funded debt to EBITDA ratio of not greater than 4.0 to 1.0 and an interest
      coverage ratio, which is the ratio of the EBITDA for the four most recently
      completed quarters ending on such date compared to the cash interest payments
      made for such fiscal quarters, of not less than 3.0 to 1.0.&#160;&#160;The
      Amended Credit Facility contains customary affirmative covenants and defines
      events of default for facilities of this type, including failure to pay
      principal or interest, breach of covenants, breach of representations and
      warranties, insolvency, judgment default, a change of control and if Frank
      A.
      Lodzinski ceases to serve as President and Chief Executive Officer of the
      Registrant and Wachovia does not approve of Mr. Lodzinski&#8217;s
      successor.&#160;&#160;Upon the occurrence and continuance of an event of
      default, the Lenders have the right to accelerate repayment of the loans and
      exercise their remedies with respect to the collateral.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Scott
      R.
      Stevens, a director of the Registrant, is a Principal of Wachovia Capital
      Partners, which is the principal investing arm of Wachovia Corporation and,
      which owns 1,888,560 shares of the Registrant&#8217;s outstanding common
      stock.&#160;&#160;Mr. Stevens disclaims beneficial ownership of any of these
      shares.&#160;&#160;Wachovia Bank, National Association is a subsidiary of
      Wachovia Corporation.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; TEXT-DECORATION: underline;">Hedge
      Agreements</font></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
      to Amended Credit Agreement, the Registrant entered into hedging agreements
      with
      Wachovia Bank dated October 17, 2007.&#160;&#160;The following hedges were
      entered into:</font></div>
    <div><br></div>
    <div><br></div>
    <div align="center">
      <div align="left">
        <div align="center">
          <div align="center">
            <div align="left">
              <table cellpadding="0" cellspacing="0" width="73%">

                  <tr>
                    <td valign="middle" width="8%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div>&#160;</div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Year</font></div>
                    </td>
                    <td valign="middle" width="13%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oil
                        Volume, BOPM</font></div>
                    </td>
                    <td valign="middle" width="13%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oil
                        Swap, $/bbl</font></div>
                    </td>
                    <td valign="middle" width="14%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Gas
                        Volume, MCFPM</font></div>
                    </td>
                    <td valign="middle" width="13%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Gas
                        Floor, $/mmbtu</font></div>
                    </td>
                    <td valign="middle" width="12%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Gas
                        Cap, $/mmbtu</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2008</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">26,167</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$80.19</font></div>
                    </td>
                    <td align="right" valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">136,420</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.80</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2009</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">30,667</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$76.00</font></div>
                    </td>
                    <td align="right" valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">22,960</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.
                        00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$10.75</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2010</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">26,833</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$74.71</font></div>
                    </td>
                    <td align="right" valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">107,250</font></div>
                    </td>
                    <td align="right" valign="top" width="13%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.
                        00</font></div>
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                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.90</font></div>
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                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2011</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,500</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$74.37</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">89,920</font></div>
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                        00</font></div>
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                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.20</font></div>
                    </td>
                  </tr>

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            </div>
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    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">2</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
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      2
&#8211; FINANCIAL INFORMATION</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Item
      2.01
      COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">A
      description of the Acquisition is contained in, or incorporated by reference
      to
      Item 1.01 of this Current Report on Form 8-K, which description is incorporated
      herein by reference.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ITEM
      2.03
      CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE
      SHEET ARRANGEMENT OF A REGISTRANT.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">A
      description of the Amendment is contained in, or incorporated by reference
      to
      Item 1.01 of this Current Report on Form 8-K, which description is incorporated
      herein by reference.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">SECTION
      8
&#8211; OTHER EVENTS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ITEM
      8.01
      OTHER EVENTS.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
      October 17, 2007, the Registrant issued a press release announcing, among other
      things, that the Registrant had entered into the Limited Partner Interest
      Purchase and Sale Agreement and Amended and Restated Credit Agreement as
      described above.&#160;&#160;This press release is filed as Exhibit 99.1 to this
      Current Report and incorporated by reference as if set forth in
      full.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      information in this report is being furnished, not filed, for purposes of
      Section&#160;18 of the Securities Exchange Act of 1934, as amended, and pursuant
      to Item&#160;2.02 of Form 8-K will not be incorporated by reference into any
      filing under the Securities Act of 1933, as amended, unless specifically
      identified therein as being incorporated therein by reference.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">SECTION
      9
&#8211; FINANCIAL STATEMENTS AND EXHIBITS</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ITEM
      9.01
      FINANCIAL STATEMENTS AND EXHIBITS.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial
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    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top">
            <td style="WIDTH: 35pt">
              <div>&#160;</div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                financial statements required by this Item 9(a) will be filed by
                amendment
                to this Form 8-K with the period permitted by Item 9(a)(4) of Form
                8-K.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Pro
      Forma financial information:</font></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top">
            <td style="WIDTH: 35pt">
              <div>&#160;</div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                pro forma financial information required by this Item 7(b) will be
                filed
                by amendment to this Form 8-K within the period permitted by Item
                9(a)(4)
                of Form 8-K.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Shell
      company transactions.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 36pt;"></font>Not
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    <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits:</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      following exhibit is included with this Current Report on
      Form&#160;8-K:</font></div>
    <div><br></div>
    <div>
      <div align="left">
        <div align="left">
          <div align="left">
            <div align="left">
              <table cellpadding="0" cellspacing="0" width="100%">

                  <tr>
                    <td align="left" valign="bottom" width="10%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="3%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="67%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline; FONT-WEIGHT: bold;">Exhibit&#160;No.</font></font></div>
                    </td>
                    <td align="left" valign="bottom" width="3%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="67%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline;">Description</font></font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="10%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="3%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="67%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="10%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">99.1</font></div>
                    </td>
                    <td align="left" valign="bottom" width="3%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="67%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">News
                        Release issued by GeoResources, Inc. on October 17,
                        2007.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
      </div>
    </div>
    <div><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">3</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a name="104"><font style="DISPLAY: inline; FONT-WEIGHT: bold;">SIGNATURE</font></a></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 36pt;"></font>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.</font></div>
    <div><br></div>
    <div>
      <div align="left">
        <div align="left">
          <div align="left">
            <div align="left">
              <table cellpadding="0" cellspacing="0" width="100%">

                  <tr>
                    <td align="left" valign="bottom" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">GEORESOURCES,
                        INC.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">/s/
                        Frank A. Lodzinski</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="middle" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">By:
                        Frank A. Lodzinski, President</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td valign="top" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Date:
                        October 22, 2007</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                    <td align="left" valign="top" width="34%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
    </div>
    <div>&#160;</div>
    <div align="center">
      <div align="left">
        <div align="left">
          <div align="left">
            <div align="left">
              <div align="left">
                <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

                    <tr>
                      <td width="100%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
                    </tr>
                    <tr>
                      <td width="100%">
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    <div>&#160;</div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">4</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">EXHIBIT
      99.1</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><img src="acquisitionpressrelease2.jpg" alt=""></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Contact:&#160;&#160;Cathy
      Kruse</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Telephone:
      701-572-2020 ext 113</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; TEXT-DECORATION: underline;">cathyk@geoi.net</font></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">FOR
      IMMEDIATE RELEASE</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;">GeoResources,
      Inc. Doubles Reserves and Production Base</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-WEIGHT: bold;">Houston,
      Texas - October 18, 2007
</font>&#8211; GeoResources, Inc., (Nasdaq:GEOI), today announced that it has acquired
      all of the limited partner interest in an affiliated partnership, from an
      undisclosed financial institution, for $91.1 million.&#160;&#160;This
      acquisition effectively doubles the reserves and production base of the Company
      and includes oil and gas properties located in Louisiana, the Gulf Coast, South
      Texas, the Permian Basin and the Black Warrior Basin. As of October 1, 2007,
      the
      acquired proved reserves are estimated, by the Company, at 16.3 Bcf and 4.9
      MMBLS or 7.6 MMBOE and current production from the properties is 5,194 Mcfd
      and
      1,096 BOPD or 1,962 BOEPD.&#160;&#160;The Company was the general partner of the
      affiliated partnership and operator of a majority of the properties, and
      accordingly, no additional staffing is required to operate the
      properties.&#160;&#160;The Company intends to dissolve the partnership in the
      normal course of business.&#160;&#160;In addition, the Company expects to divest
      certain existing and acquired non-core properties.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      connection with the transaction, the Company paid approximately $12.95 million
      to unwind certain commodity price hedges and, in addition, the Company assumed
      certain natural gas hedges with an estimated current unwind cost of
      approximately $4.8 million. The majority of those hedges apply to 2009 and
      the
      Company will consider replacing those hedges.&#160;&#160;Further, in order to
      attract its financing and maintain predictable cash flows, the Company entered
      into new commodity price hedges, for four years commencing January 1, 2008,
      for
      approximately 77% of projected production, from currently producing reserves
      excluding expected divestitures.&#160;&#160;&#160;The Company entered into fixed
      price swaps for oil and costless collars for natural gas as
      follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div><br>
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    </div><br>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="center">
      <div align="left">
        <div align="center">
          <div align="center">
            <div align="left">
              <table cellpadding="0" cellspacing="0" width="42%">

                  <tr>
                    <td valign="top" width="8%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div>&#160;</div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Year</font></div>
                    </td>
                    <td valign="middle" width="11%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oil
                        Swap, $/bbl</font></div>
                    </td>
                    <td valign="middle" width="11%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Gas
                        Floor, $/mmbtu</font></div>
                    </td>
                    <td valign="middle" width="12%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Gas
                        Cap, $/mmbtu</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2008</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$80.19</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.80</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2009</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$76.00</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$10.75</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2010</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$74.71</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.90</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2011</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$74.37</font></div>
                    </td>
                    <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$7.00</font></div>
                    </td>
                    <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$9.20</font></div>
                    </td>
                  </tr>

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            </div>
          </div>
        </div>
      </div>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      net
      cost of the oil &amp; gas reserves acquired was approximately $97.4 million and
      was funded with cash and borrowings of $96.0 million from an amendment and
      restatement of the Company&#8217;s Senior Secured Revolving Credit Facility
      (&#8220;Facility&#8221;), which was underwritten by Wachovia Capital Markets, LLC, as sole
      lead arranger and sole book runner.&#160;&#160;The increased $200 million
      Facility, has an initial available borrowing base of $110 million.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Frank
      A.
      Lodzinski, Chief Executive Officer of GeoResources, said, &#8220;This acquisition is
      immediately accretive and doubles the size of the Company in terms of reserves,
      production, revenues and cash flow. Importantly, it can be operated without
      additional staffing.&#160;&#160;Further, the acquisition has been financed
      entirely with reasonable levels of senior secured debt under our increased
      Facility, at favorable interest rates.&#160;&#160;We have also entered into
      commodity price hedges to take advantage of high oil prices and to negotiate
      favorable financing terms. We expect to sell or trade certain properties to
      reduce debt, streamline operations and to focus our personnel on the upside
      in
      our portfolio and generate additional opportunities for growth.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#8220;Fiscal
      2007 has been truly a transitional and defining year for the Company,&#8221; Lodzinski
      added.&#160;&#160;&#8220;We closed a significant merger and two property acquisitions,
      expanded our drilling inventory and implemented our drilling and development
      programs - actions consistent with our business strategy. Now, having built
      our
      reserve and cash flow foundation, we can turn our attention to our capital
      expenditure program and generation of additional drilling
      opportunities.&#160;&#160;We will continue to search for accretive acquisitions
      and mergers.&#160;&#160;We believe our diversified approach will allow the
      Company to continue to grow profitably.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">About
      GeoResources, Inc.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
      April
      17, 2007, the Company completed its mergers with Southern Bay Oil &amp; Gas L.P.
      and Chandler Energy, LLC.&#160;&#160;The management of Southern Bay and Chandler
      became the principal management of the combined entity.&#160;&#160;Corporate
      headquarters are located in&#160;&#160;&#160;Houston, Texas.&#160;&#160;The
      Company conducts its exploration development and production operations through
      wholly owned subsidiaries.&#160;&#160;Activities in the Southern Region are
      conducted through Southern Bay Energy, LLC, located in Houston, Texas and
      Northern Region operations are conducted through G3 Energy LLC, located in
      Denver, Colorado.&#160;&#160;The Company also maintains a regional office in
      Williston, North Dakota.&#160;&#160;For more information, visit our website at
      www.georesourcesinc.com.</font></div>
    <div><br></div>
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    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;">Forward-Looking
      Statements</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;">Information
      herein contains forward-looking statements within the meaning of the Private
      Securities Litigation Reform Act of 1995, which can be identified by words
      such
      as "may," "will," "expect," "anticipate," "estimate" or "continue," or
      comparable words.&#160;&#160;All statements other than statements of historical
      facts that address activities that the Company expects or anticipates will
      or
      may occur in the future are forward-looking statements.&#160;&#160;Readers are
      encouraged to read the SEC reports of the Company, particularly its Form 10-KSB
      for the Fiscal Year Ended December 31, 2006, for meaningful cautionary language
      disclosure.</font></div>
    <div><br></div><br>
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acquisitionpressrelease.htm
______________________________________________________________________________
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): October 16, 2007
GEORESOURCES,
      INC.
(Exact
      name of registrant as specified in its charter)
COLORADO
0-8041
84-0505444
(State
                        or other jurisdiction
(Commission
(IRS
                        Employer
of
                        incorporation)
File
                        Number)
Identification
                        No.)
110
      Cypress Station Drive, Suite 220
Houston,
      Texas 77090
(Address
      of principal executive
      offices) (Zip Code)
(281)
      537-9920
Registrant's
      telephone number, including area code
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:
___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))
______________________________________________________________________________
TABLE
      OF
      CONTENTS
Page
Section 1
–
Registrant's
                        Business and
                        Operations
1
Item 1.01
–
Entry
                        into a Material Definitive
                        Agreement
1
Section
                        2 – Financial Information
2
Item
                        2.01 – Completion of Acquisition or Disposition of Assets
2
Item
                        2.03 – Creation of a Direct Financial Obligation or an Obligation
                        under
                        Off-Balance Sheet Arrangement of a Registrant
2
Section
                        8 – Other Events
2
Item
                        8.01 – Other Events
2
Section 9.01
–
Financial
                        Statements and
                        Exhibits
3
Signature
4
SECTION
      1 – REGISTRANT'S BUSINESS AND OPERATIONS
ITEM
      1.01
      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Limited
      Partner Interest
      Purchase and Sale Agreement
On
      October 16, 2007, GeoResources, Inc. (the "Registrant"), through its subsidiary
      AROC Oil & Gas, L.L.C. ("AROC"), entered into a Limited Partner Interest
      Purchase and Sale Agreement (the "Purchase Agreement") with an unaffiliated
      company, TIFD III-X LLC ("TIFD") for the acquisition (the "Acquisition") of 98%
      of AROC Energy, LP (the "Limited Partnership").
Prior
      to
      the execution of the Purchase Agreement, TIFD owned 98% (the "Interest") of the
      Limited Partnership and the Registant, through a wholly owned subsidiary, was
      the general partner of the Limited Partnership, owning 2% of the Limited
      Partnership.  The Acquisition includes oil and gas properties located
      in Louisiana, the Gulf Coast, South Texas, the Permian Basin and the Black
      Warrior Basin.
Under
      the
      Purchase Agreement, the Registrant purchased the Interest from TIFD for a cash
      purchase price of $91,100,000 (the "Purchase Price") and paid $12,952,000 to
      cancel the Limited Partnership's oil and gas hedge contracts.  These
      costs were funded with cash of $8,052,000 and borrowings of $96.0 million under
      an Amended and Restated Credit Agreement described below.  The
      purchase and sale of the Interest was effective on the date of closing of the
      Purchase Agreement, October 16, 2007 and resulted in the Registrant's total
      ownership percentage in the Limited Partnership to be 100%.  The
      Registrant intends to dissolve the Limited Partnership as soon as
      practicable.
The
      Purchase Agreement  also contains mutual indemnification
      provisions.
Amended
      and Restated Credit
      Agreement
On
      October 16, 2007, the Registrant, as borrower, entered into an Amended and
      Restated Credit Agreement (the "Amendment") with Wachovia Bank, National
      Association ("Wachovia"), as Administrative Agent, Issuing Bank, Sole Lead
      Arranger and Sole Bookrunner (the "Lender").
Pursuant
      to the Amendment, the Registrant secured an Amended and Restated Senior Secured
      Revolving Credit Facility (the "Amended Credit Facility"), which is available to
      provide financing to the Registrant of up to $200.0 million.
The
      initial borrowing base of the Amended Credit Facility is $110.0 million, and
      is
      subject to redetermination on June 1 and December 1 of each year.  The
      amounts borrowed under the Amendment bear interest at either (a) the London
      Interbank Offered Rate ("LIBOR") plus 1.50% to 2.25% or (b) the prime lending
      rate of Wachovia plus .5% to 1.25%, depending on the amount borrowed under
      the
      Amended Credit Facility.  Principal amounts outstanding under the
      Amended Credit Facility are due and payable in full at maturity, October
16, 2010.
Additional
      payments due under the Amended Credit Facility, include paying a commitment
      fee
      to the Lender in respect of the unutilized commitments
      thereunder.  The commitment rate is 0.375% to 0.50% per year depending
      on the amount of borrowing base utilization.  The Registrant is also
      required to pay customary letter of credit fees.
1
All
      of
      the obligations under the Amended Credit Facility, and the guarantees of those
      obligations, are secured by substantially all of the Registrant's
      assets.
The
      Amended Credit Facility contains a number of covenants that, among other things,
      restrict, subject to certain exceptions, the Registrant's ability to incur
      additional indebtedness, create liens on assets, make investments, enter into
      sale and leaseback transactions, pay dividends and distributions or repurchase
      its capital stock, engage in mergers or consolidations, sell certain assets,
      sell or discount any notes receivable or accounts receivable and engage in
      certain transactions with affiliates.
In
      addition, the Amended Credit Facility requires the Registrant to maintain the
      following financial covenants: a current ratio of not less than 1.0 to 1.0,
      a
      funded debt to EBITDA ratio of not greater than 4.0 to 1.0 and an interest
      coverage ratio, which is the ratio of the EBITDA for the four most recently
      completed quarters ending on such date compared to the cash interest payments
      made for such fiscal quarters, of not less than 3.0 to 1.0.  The
      Amended Credit Facility contains customary affirmative covenants and defines
      events of default for facilities of this type, including failure to pay
      principal or interest, breach of covenants, breach of representations and
      warranties, insolvency, judgment default, a change of control and if Frank
      A.
      Lodzinski ceases to serve as President and Chief Executive Officer of the
      Registrant and Wachovia does not approve of Mr. Lodzinski's
      successor.  Upon the occurrence and continuance of an event of
      default, the Lenders have the right to accelerate repayment of the loans and
      exercise their remedies with respect to the collateral.
Scott
      R.
      Stevens, a director of the Registrant, is a Principal of Wachovia Capital
      Partners, which is the principal investing arm of Wachovia Corporation and,
      which owns 1,888,560 shares of the Registrant's outstanding common
      stock.  Mr. Stevens disclaims beneficial ownership of any of these
      shares.  Wachovia Bank, National Association is a subsidiary of
      Wachovia Corporation.
Hedge
      Agreements
Pursuant
      to Amended Credit Agreement, the Registrant entered into hedging agreements
      with
      Wachovia Bank dated October 17, 2007.  The following hedges were
      entered into:
Year
Oil
                        Volume, BOPM
Oil
                        Swap, $/bbl
Gas
                        Volume, MCFPM
Gas
                        Floor, $/mmbtu
Gas
                        Cap, $/mmbtu
2008
26,167
$80.19
136,420
$7.00
$9.80
2009
30,667
$76.00
22,960
$7.
                        00
$10.75
2010
26,833
$74.71
107,250
$7.
                        00
$9.90
2011
23,500
$74.37
89,920
$7.
                        00
$9.20
2
SECTION
      2
– FINANCIAL INFORMATION
Item
      2.01
      COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
A
      description of the Acquisition is contained in, or incorporated by reference
      to
      Item 1.01 of this Current Report on Form 8-K, which description is incorporated
      herein by reference.
ITEM
      2.03
      CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE
      SHEET ARRANGEMENT OF A REGISTRANT.
A
      description of the Amendment is contained in, or incorporated by reference
      to
      Item 1.01 of this Current Report on Form 8-K, which description is incorporated
      herein by reference.
SECTION
      8
– OTHER EVENTS
ITEM
      8.01
      OTHER EVENTS.
On
      October 17, 2007, the Registrant issued a press release announcing, among other
      things, that the Registrant had entered into the Limited Partner Interest
      Purchase and Sale Agreement and Amended and Restated Credit Agreement as
      described above.  This press release is filed as Exhibit 99.1 to this
      Current Report and incorporated by reference as if set forth in
      full.
The
      information in this report is being furnished, not filed, for purposes of
      Section 18 of the Securities Exchange Act of 1934, as amended, and pursuant
      to Item 2.02 of Form 8-K will not be incorporated by reference into any
      filing under the Securities Act of 1933, as amended, unless specifically
      identified therein as being incorporated therein by reference.
SECTION
      9
– FINANCIAL STATEMENTS AND EXHIBITS
ITEM
      9.01
      FINANCIAL STATEMENTS AND EXHIBITS.
(a)           Financial
      Statements of businesses acquired:
The
                financial statements required by this Item 9(a) will be filed by
                amendment
                to this Form 8-K with the period permitted by Item 9(a)(4) of Form
                8-K.
(b)           Pro
      Forma financial information:
The
                pro forma financial information required by this Item 7(b) will be
                filed
                by amendment to this Form 8-K within the period permitted by Item
                9(a)(4)
                of Form 8-K.
(c)           Shell
      company transactions.
Not
      applicable
(d)          Exhibits:
The
      following exhibit is included with this Current Report on
      Form 8-K:
Exhibit No.
Description
99.1
News
                        Release issued by GeoResources, Inc. on October 17,
                        2007.
3
SIGNATURE
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.
GEORESOURCES,
                        INC.
/s/
                        Frank A. Lodzinski
By:
                        Frank A. Lodzinski, President
Date:
                        October 22, 2007
4
EXHIBIT
      99.1
Contact:  Cathy
      Kruse
Telephone:
      701-572-2020 ext 113
cathyk@geoi.net
FOR
      IMMEDIATE RELEASE
GeoResources,
      Inc. Doubles Reserves and Production Base
Houston,
      Texas - October 18, 2007
– GeoResources, Inc., (Nasdaq:GEOI), today announced that it has acquired
      all of the limited partner interest in an affiliated partnership, from an
      undisclosed financial institution, for $91.1 million.  This
      acquisition effectively doubles the reserves and production base of the Company
      and includes oil and gas properties located in Louisiana, the Gulf Coast, South
      Texas, the Permian Basin and the Black Warrior Basin. As of October 1, 2007,
      the
      acquired proved reserves are estimated, by the Company, at 16.3 Bcf and 4.9
      MMBLS or 7.6 MMBOE and current production from the properties is 5,194 Mcfd
      and
      1,096 BOPD or 1,962 BOEPD.  The Company was the general partner of the
      affiliated partnership and operator of a majority of the properties, and
      accordingly, no additional staffing is required to operate the
      properties.  The Company intends to dissolve the partnership in the
      normal course of business.  In addition, the Company expects to divest
      certain existing and acquired non-core properties.
In
      connection with the transaction, the Company paid approximately $12.95 million
      to unwind certain commodity price hedges and, in addition, the Company assumed
      certain natural gas hedges with an estimated current unwind cost of
      approximately $4.8 million. The majority of those hedges apply to 2009 and
      the
      Company will consider replacing those hedges.  Further, in order to
      attract its financing and maintain predictable cash flows, the Company entered
      into new commodity price hedges, for four years commencing January 1, 2008,
      for
      approximately 77% of projected production, from currently producing reserves
      excluding expected divestitures.   The Company entered into fixed
      price swaps for oil and costless collars for natural gas as
      follows:
Year
Oil
                        Swap, $/bbl
Gas
                        Floor, $/mmbtu
Gas
                        Cap, $/mmbtu
2008
$80.19
$7.00
$9.80
2009
$76.00
$7.00
$10.75
2010
$74.71
$7.00
$9.90
2011
$74.37
$7.00
$9.20
The
      net
      cost of the oil & gas reserves acquired was approximately $97.4 million and
      was funded with cash and borrowings of $96.0 million from an amendment and
      restatement of the Company's Senior Secured Revolving Credit Facility
      ("Facility"), which was underwritten by Wachovia Capital Markets, LLC, as sole
      lead arranger and sole book runner.  The increased $200 million
      Facility, has an initial available borrowing base of $110 million.
Frank
      A.
      Lodzinski, Chief Executive Officer of GeoResources, said, "This acquisition is
      immediately accretive and doubles the size of the Company in terms of reserves,
      production, revenues and cash flow. Importantly, it can be operated without
      additional staffing.  Further, the acquisition has been financed
      entirely with reasonable levels of senior secured debt under our increased
      Facility, at favorable interest rates.  We have also entered into
      commodity price hedges to take advantage of high oil prices and to negotiate
      favorable financing terms. We expect to sell or trade certain properties to
      reduce debt, streamline operations and to focus our personnel on the upside
      in
      our portfolio and generate additional opportunities for growth."
"Fiscal
      2007 has been truly a transitional and defining year for the Company," Lodzinski
      added.  "We closed a significant merger and two property acquisitions,
      expanded our drilling inventory and implemented our drilling and development
      programs - actions consistent with our business strategy. Now, having built
      our
      reserve and cash flow foundation, we can turn our attention to our capital
      expenditure program and generation of additional drilling
      opportunities.  We will continue to search for accretive acquisitions
      and mergers.  We believe our diversified approach will allow the
      Company to continue to grow profitably."
About
      GeoResources, Inc.
On
      April
      17, 2007, the Company completed its mergers with Southern Bay Oil & Gas L.P.
      and Chandler Energy, LLC.  The management of Southern Bay and Chandler
      became the principal management of the combined entity.  Corporate
      headquarters are located in   Houston, Texas.  The
      Company conducts its exploration development and production operations through
      wholly owned subsidiaries.  Activities in the Southern Region are
      conducted through Southern Bay Energy, LLC, located in Houston, Texas and
      Northern Region operations are conducted through G3 Energy LLC, located in
      Denver, Colorado.  The Company also maintains a regional office in
      Williston, North Dakota.  For more information, visit our website at
      www.georesourcesinc.com.
Forward-Looking
      Statements
Information
      herein contains forward-looking statements within the meaning of the Private
      Securities Litigation Reform Act of 1995, which can be identified by words
      such
      as "may," "will," "expect," "anticipate," "estimate" or "continue," or
      comparable words.  All statements other than statements of historical
      facts that address activities that the Company expects or anticipates will
      or
      may occur in the future are forward-looking statements.  Readers are
      encouraged to read the SEC reports of the Company, particularly its Form 10-KSB
      for the Fiscal Year Ended December 31, 2006, for meaningful cautionary language
      disclosure.