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    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#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">______________________________________________________________________________</font></div>
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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: 18pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE
COMMISSION</font></font></div>
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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"><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>
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    <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>
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    <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>
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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">Date of
Report (Date of earliest event reported): May 29, 2009</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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INC.</font></div>
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name of registrant as specified in its charter)</font></div>
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            <td align="left" valign="top" width="29%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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      Number)</font></div>
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Cypress Station Drive, Suite 220</font></div>
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Texas 77090</font></div>
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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>
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      </font></td>
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      Name or Former Address, if Changed Since Last
  Report)</font></div>
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    <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-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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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Written communications pursuant to Rule&#160;425 under the Securities Act (17
CFR 230.425)</font></div>
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Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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    <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">___
Pre-commencement communications pursuant to Rule&#160;14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</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">___
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="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">______________________________________________________________________________</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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"><a name="101">SECTION 1 &#8211; REGISTRANT&#8217;S BUSINESS AND OPERATIONS</a></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 May
29, 2009, effective May 1, 2009, GeoResources, Inc. (the &#8220;Registrant&#8221;), through
its subsidiary, Catena Oil &amp; Gas LLC (&#8220;Catena&#8221;), entered into a Purchase and
Sale Agreement (the &#8220;Purchase Agreement&#8221;) with an affiliated limited
partnership, SBE Partners LP (the &#8220;Seller&#8221;) for the acquisition (the
&#8220;Acquisition&#8221;) of certain oil and gas producing properties in Giddings
Field,&#160;&#160;Grimes and Montgomery Counties, Texas (the
&#8220;Interests&#8221;).&#160;&#160;Under the Purchase Agreement, the Interests were
purchased for a net cash purchase price of $48.4 million, subject to adjustments
at closing for normal operations activity and other customary purchase price
adjustments (the &#8220;Purchase Price&#8221;).&#160;&#160;The Acquisition increased the
Registrant&#8217;s partnership sharing ratio from 2% to 30% in the Seller. Catena is
the general partner of the Seller. The Acquisition increases the Registrant&#8217;s
direct working interests in the Interests from a range of 6.5% to 7.8% to a
range of 34% to 37%.&#160;&#160;The Registrant funded the Purchase Price with
borrowings from its senior secured revolving credit facility.&#160;&#160;The
Purchase Agreement contains representations and warranties, covenants, and
indemnifications that are customary for oil and gas producing property
acquisitions.</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">SECTION 2
&#8211; FINANCIAL INFORMATION</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 assets in the Acquisition is contained in 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">SECTION
7&#8211; REGULATION FD</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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 7.01
REGULATION FD DISCLOSURE.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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 June
1, 2009, the Registrant issued a press release announcing the acquisition of
producing wells and acreage in the Bakken Shale trend of the Williston Basin and
a brief operations update.&#160;&#160;A copy of the press release is furnished
with this report as Exhibit 99.1, and is incorporated herein by
reference.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 June
2, 2009, the Registrant issued a press release announcing the execution of the
Purchase Agreement.&#160;&#160;A copy of the press release is furnished with
this report as Exhibit 99.2, and is incorporated herein by
reference.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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 Item 7.01 of this Current Report on Form 8-K is being
furnished, not filed, for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, and will not be incorporated by reference into any filing
under the Securities Act of 1933, as amended.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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 9.01
FINANCIAL STATEMENTS AND EXHIBITS.</font></div>
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            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%">
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      </font></td>
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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            <td align="left" valign="top" width="74%">
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%">
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      </font></td>
            <td align="left" valign="top" width="74%">
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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      by amendment to this Form 8-K within the period permitted by Item 9(a)(4)
      of Form 8-K.</font></div>
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%">
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            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="74%">
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="74%">
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          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%">
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            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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            <td align="left" valign="top" width="74%">
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            <td align="left" valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="74%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="74%">
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    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="bottom" width="14%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="60%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
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            <td valign="top" width="14%" 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">Exhibit&#160;No.</font></font></div>
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            <td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="60%" style="BORDER-BOTTOM: black 2px solid">
              <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"><font style="DISPLAY: inline">Description</font></font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="14%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="60%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="14%">
              <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">99.1</font></div>
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            <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="60%">
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          </tr>
          <tr>
            <td valign="top" width="14%">
              <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">99.2</font></div>
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            <td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="60%">
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2009.</font></div>
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          </tr>
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    </div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></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">&#160;
</font></div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></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"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">SIGNATURE</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="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"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Pursuant to the requirement 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="24%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" colspan="3" valign="top" width="29%">
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            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="24%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="3%">
              <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:</font></div>
            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="24%">
              <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; TEXT-DECORATION: underline">/s/
      Frank A. Lodzinski</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
              </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">Frank
      A. Lodzinski, President</font></div>
            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
      </table>
    </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">Date:
June 4, 2009</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <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"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></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">&#160;
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
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      </div>
    </div><br>
    <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">EXHIBIT
INDEX</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
              <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; FONT-WEIGHT: bold">Exhibit&#160;No.</font></font></div>
            </td>
            <td align="left" valign="bottom" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="67%" style="BORDER-BOTTOM: black 2px solid">
              <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"><font style="DISPLAY: inline">Description</font></font></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 valign="bottom" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></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">GeoResources,
      Inc. Press Release dated June 1, 2009.</font></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">99.2</font></div>
            </td>
            <td align="left" valign="bottom" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></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">GeoResources,
      Inc. Press Release dated June 2,
2009.</font></div>
            </td>
          </tr>
      </table>
    </div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></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">&#160;
</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; 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="left"><img src="pr8k5.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 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">FOR
IMMEDIATE RELEASE</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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. Completes Bakken Shale Acquisition</font></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"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic">Provides Drilling
and Operations Update</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 &#8211; June 1, 2009
</font>&#8211; GeoResources, Inc., (NASDAQ:GEOI), today announced an oil and gas
property acquisition in the prolific Bakken Shale trend of the Williston Basin
and provided an operations update.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">On May
20, 2009, but effective April 1, 2009, the Company closed an acquisition of
producing wells and acreage in the Bakken Shale trend of the Williston Basin.
The acquisition was made through its existing joint venture with Slawson
Exploration Company. Other participants in the acquisition include Northern Oil
&amp; Gas Inc. and Lario Oil &amp; Gas Company. The Company acquired a 15%
interest in approximately 60,000 net acres, and also acquired 15% of varying
working interests in 59 producing and productive wells. The Company&#8217;s share of
producing and productive wells adds in excess of 300,000 BOE of proved producing
reserves. This reserve estimate excludes numerous proved undeveloped and
probable locations.&#160;&#160;Based on June estimates, the acquisition further
adds daily net production of about 180 Bopd. The Company&#8217;s net acquisition cost
was approximately $10.4 million, prior to adjustments for post effective date
net revenues.&#160;&#160;As a result of the acquisition, the Company now has
working interests in the area ranging from 10% to 15% in approximately 100,000
net acres.&#160;&#160;Of those total acres, approximately 59,000 net acres are
located in Mountrail County, with the remainder located in adjacent North Dakota
counties and in Richland County, Montana. The joint venture is presently running
one drilling rig and plans to add two rigs in July and possibly a fourth
drilling rig by the first quarter of 2010. We currently expect to drill or
participate in 45-50 wells over the next 18 months, exclusive of interests
resulting from nominal acreage contributions to non-operated units. The Company
expects to have an average net working interest in the range of 7%. The
acquisition was funded with cash and borrowings from the Company&#8217;s Senior
Secured Revolving Credit Facility.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">Drilling
and Operations:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">To date,
16 operated joint venture wells have been drilled with a 100% success
rate.&#160;&#160;The Company has also participated in numerous additional
non-operated wells.&#160;&#160;The joint venture remains active and has
continued to acquire attractive acreage including the acquisition announced
above.&#160;&#160;Recent drilling activity includes the Nightcrawler 1-17H (4.7%
WI) flowing at 700 Bopd, the Banshee 1-1H well (5.5% WI) flowing at 450 Bopd and
450 Mcfpd, with production increasing as the well cleans up and the Wombat 1-25H
well (8.5% WI) which was completed in early May with initial production tests
of&#160;&#160;800 Bopd.&#160;&#160;The Jericho 1-5H well (2.8% WI) completed
drilling operations in late February and is flowing up casing and producing at
300 Bopd; production will likely increase by running production
tubing.&#160;&#160;Several other wells are awaiting fracture stimulation
including the Raptor 1-6H (10.0% WI), the Bandit 1-29H (7.5% WI), and the Colt
1-16H well (9.1% WI). The Company is currently participating in the drilling of
the Mamba 1-20H (9.3% WI) which spud May 9, 2009.&#160;&#160;Our drilling costs
for Bakken Shale wells located on 640 acre units have decreased significantly
over the past year due to reductions in service company costs, as well as
improvements in drilling and completion techniques. Recent single-lateral wells
have been completed for under $4.0 million which represents an approximate 25%
reduction in completed well costs since last year. The Company expects this
project to allow it to develop additional reserves at reasonable costs. Further,
management believes additional upside can be realized through efficient drilling
and completion techniques and in-filled drilling within existing spacing units,
which has occurred in similar fields located in Montana. Currently, our joint
venture is developing the acreage on 640 acre spacing units; however, our
involvement with other operators has also placed us under 1,280 acre units. When
the initial development phase is completed and more historical production
information is available, we expect that many parts of the field will justify
incremental in-fill drilling.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">COMMENTS:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></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"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Frank A. Lodzinski, Chief Executive
Officer of GeoResources, said, &#8220;This acquisition allows the Company to increase
its interest appreciably in a core and exciting operating area. It adds
immediate proved reserves and production and significantly expands our drilling
and development inventory. The Bakken Shale is a premier oil play in the lower
48.&#160;&#160;Our drilling program has continued to deliver positive results.
We expect to continue to develop our assets and selectively expand our acreage
and drilling inventory.&#8221;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">About GeoResources,
Inc.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 28.8pt"></font>GeoResources, Inc. is an independent
oil and gas company engaged in the acquisition and development of oil and gas
reserves through an active and diversified program which includes purchases of
reserves, re-engineering, and development and exploration activities, currently
focused in the Southwest, Gulf Coast and the Williston Basin.&#160;&#160;For
more information, visit our website at www.georesourcesinc.com.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Forward-Looking
Statements</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; 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, our Annual Report on Form
10-K for the year ended December 31, 2008, and any and all other documents filed
with the SEC regarding information about GeoResources for meaningful cautionary
language in respect of the forward-looking statements
herein.&#160;&#160;Interested persons are able to obtain free copies of filings
containing information about GeoResources, without charge, at the SEC&#8217;s Internet
site (http://www.sec.gov).</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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</font></div>
      </div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;
</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
99.2</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><img src="pr8k5.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 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">FOR
IMMEDIATE RELEASE</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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. Completes Giddings Field Acquisition</font></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"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic">Also Provides
Operations Update</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 &#8211; June 2, 2009
</font>&#8211; GeoResources, Inc., (NASDAQ:GEOI), today announced the acquisition of
additional working interests in the Giddings Field, Texas, and provided an
operations update.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">On May
29, 2009, but effective May 1, 2009, the Company closed the acquisition of
undivided working interests in 68 producing wells located in the Giddings Field,
Texas, from an affiliated partnership. In addition, the Company will immediately
increase its sharing ratio in the partnership from 2% to 30%. GeoResources is
the operator of the subject wells and the general partner of the affiliated
partnership. Prior to the acquisition, GeoResources had direct working interests
in the properties ranging from about 6.5% to 7.8%. Now, its direct working
interests in the producing wells will range from approximately 34% to
37%.&#160;&#160;The acquired direct working interests total an estimated 25 Bcfe
of proved reserves, 88% natural gas and 73% developed, with daily production
currently totaling 10,625 Mcf and 85 Bbls of associated liquids. In addition,
the immediate increase in the Company&#8217;s partnership sharing ratio to 30% amounts
to approximately 13.2 Bcfe.&#160;&#160;Further, the Company&#8217;s share of the
partnership&#8217;s daily production currently amounts to 5,618 Mcf and 45 Bbls of
associated liquids. The net cash consideration for both the direct working
interests and increased partnership interests was $48.4 million, prior to
adjustments for post effective date net revenues. The Company will remain the
general partner of the affiliated partnership and operator of the properties.
The acquisition provides additional development opportunities and exposure to
upside associated with the Eagleford Shale and other prospective
targets.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">Financing:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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
acquisition was funded with borrowings from the Company&#8217;s Senior Secured
Revolving Credit Facility. Borrowings for this acquisition and the recently
announced acquisition in the Williston&#160;Basin totaled $58.0
million.&#160;&#160;In order to seek to maintain predictable cash flows and
underwrite growth, commencing July 1, 2009, the Company entered into new
commodity price hedges for 2009 and 2010. The quantities hedged are 1,080 Mmcf
for the remaining six months of 2009 and 1,440 Mmcf for the calendar year 2010,
both at a price of $5.155 per Mcf.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">Drilling
and operations:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">Austin
Chalk</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">GeoResources
has continued its successful exploitation of the Austin Chalk Formation in the
Giddings Field of Grimes and Montgomery Counties, Texas. The Hurst Bay 1-H,
which was the fifth dual lateral well, has been drilled and completed. The well
was drilled to a vertical depth of over 14,500 feet with an initial horizontal
leg of 7,700 feet. The second horizontal leg was kicked off from a point
approximately 1,000 feet into the first lateral and drilled 5,250 feet.&#160;
The well had an initial production rate of approximately 19
Mmcfd.&#160;&#160;The Hoke-Cole 1-H, which is its sixth dual lateral well, has
also been drilled and completed. The well was drilled to a vertical depth of
over 14,000 feet with an initial horizontal leg of 6,500 feet. The second
horizontal leg was kicked off from a point approximately 150 feet into the first
lateral and drilled 7,000 feet. The well had an initial production rate of
approximately 18 Mmcfd.&#160;&#160;The Company has drilled 12 wells to date and
achieved a 100% success rate.&#160; The drilling rig has moved to the Longstreet
1-H, a planned dual lateral well expected to be completed and placed on
production in late June.&#160;&#160;As a result of the above Giddings
acquisition, the Company&#8217;s direct working interest in the Longstreet well will
be about 37% and it will have an additional 15.8% working interest through its
affiliated partnership.&#160;&#160;Even at present commodity prices, these wells
are highly economical.&#160;&#160;The Company presently expects at least 14
additional drilling locations in the area.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <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">Other
Drilling</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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 Olson
1-21, located in Roger Mills County, Oklahoma, has been drilled and completed in
the Upper Cherokee Formation and commenced producing at a rate of 1.2
Mmcfd.&#160;&#160;The Company has a 26.67% working interest in the
property.&#160;&#160;The Romero #1, located in Vermillion Parish, Louisiana, has
been drilled at an estimated true vertical depth of 15,860 feet and is being
completed in the Camerina Sand Formation.&#160;&#160;The Company has a 10.42%
working interest in the property.&#160;&#160;The Company had a 12% working
interest in the Conner Heirs #1 located in Jefferson Davis Parish, Louisiana and
a 6% working interest in the Moore #1 located in LaFourche Parish,
Louisiana.&#160;&#160;Both wells failed to trap hydrocarbons in commercial
quantities and have been plugged and abandoned<font style="DISPLAY: inline; FONT-WEIGHT: bold">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">COMMENTS:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></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"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Frank A. Lodzinski, Chief Executive
Officer of GeoResources, said, &#8220;Our acquisition in the Giddings Field coupled
with our recently announced acquisition in the Williston Basin (Bakken Shale)
has provided the Company an opportunity to increase its interests appreciably in
two core operating areas. Further, the acquisitions provide immediate increases
to proved reserves, production and cash flow, and significantly expand our
drilling and development inventory. The Bakken Shale is a premier oil play in
the lower 48 and our Giddings Field acquisition gives us additional development
opportunities and exposure to upside associated with the Eagleford Shale and
other prospective targets. Our drilling and development programs continue to
deliver positive results. We expect to continue to develop our assets and
selectively expand our acreage and drilling inventory across the Company. While
we have not yet finalized revisions to our capital budget as a result of these
acquisitions, certain projects may be deferred in favor of drilling on the
acquired acreage or additional attractive acquisitions of productive assets or
acreage. Much of our prior drilling inventory is &#8220;held by production&#8221; and
accordingly, we have been positioned to take advantage of attractive acquisition
opportunities and modify our capital spending without fear of losing
acreage.&#8221;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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">Mr.
Lodzinski further stated, &#8220;Our approach and business strategy allows us to meet
the challenges of the financial markets and price volatility. Importantly, the
acquisitions can be operated without additional staffing. However, the
incremental cash flow along with increasing availability of personnel in the
marketplace will allow us to consider incremental technical staffing to
compliment our current staff, and further pursue additional acquisitions and
M&amp;A opportunities. These acquisitions have been financed at favorable
interest rates entirely with reasonable levels of senior secured debt under our
credit facility. We have also entered into certain commodity price hedges to
underwrite these acquisitions and our growth. Consistent with our business plan,
we may sell certain properties to reduce debt, streamline operations, focus our
personnel on the upside in our portfolio and generate additional opportunities
for growth. We believe our diversified approach contributes to our strength and
staying power and will allow the Company to continue to grow
profitably.&#8221;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">About GeoResources,
Inc.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 28.8pt"></font>GeoResources, Inc. is an independent
oil and gas company engaged in the acquisition and development of oil and gas
reserves through an active and diversified program which includes purchases of
reserves, re-engineering, and development and exploration activities, currently
focused in the Southwest, Gulf Coast and the Williston Basin.&#160;&#160;For
more information, visit our website at www.georesourcesinc.com.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Forward-Looking
Statements</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; 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, our Annual Report on Form
10-K for the year ended December 31, 2008, and any and all other documents filed
with the SEC regarding information about GeoResources for meaningful cautionary
language in respect of the forward-looking statements
herein.&#160;&#160;Interested persons are able to obtain free copies of filings
containing information about GeoResources, without charge, at the SEC&#8217;s Internet
site (http://www.sec.gov).</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
  </body>
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pr8k.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): May 29, 2009
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))
______________________________________________________________________________
SECTION 1 – REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On May
29, 2009, effective May 1, 2009, GeoResources, Inc. (the "Registrant"), through
its subsidiary, Catena Oil & Gas LLC ("Catena"), entered into a Purchase and
Sale Agreement (the "Purchase Agreement") with an affiliated limited
partnership, SBE Partners LP (the "Seller") for the acquisition (the
"Acquisition") of certain oil and gas producing properties in Giddings
Field,  Grimes and Montgomery Counties, Texas (the
"Interests").  Under the Purchase Agreement, the Interests were
purchased for a net cash purchase price of $48.4 million, subject to adjustments
at closing for normal operations activity and other customary purchase price
adjustments (the "Purchase Price").  The Acquisition increased the
Registrant's partnership sharing ratio from 2% to 30% in the Seller. Catena is
the general partner of the Seller. The Acquisition increases the Registrant's
direct working interests in the Interests from a range of 6.5% to 7.8% to a
range of 34% to 37%.  The Registrant funded the Purchase Price with
borrowings from its senior secured revolving credit facility.  The
Purchase Agreement contains representations and warranties, covenants, and
indemnifications that are customary for oil and gas producing property
acquisitions.
SECTION 2
– FINANCIAL INFORMATION
Item 2.01
COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
A
description of the assets in the Acquisition is contained in Item 1.01 of this
Current Report on Form 8-K, which description is incorporated herein by
reference.
SECTION
7– REGULATION FD
ITEM 7.01
REGULATION FD DISCLOSURE.
On June
1, 2009, the Registrant issued a press release announcing the acquisition of
producing wells and acreage in the Bakken Shale trend of the Williston Basin and
a brief operations update.  A copy of the press release is furnished
with this report as Exhibit 99.1, and is incorporated herein by
reference.
On June
2, 2009, the Registrant issued a press release announcing the execution of the
Purchase Agreement.  A copy of the press release is furnished with
this report as Exhibit 99.2, and is incorporated herein by
reference.
The
information in this Item 7.01 of this Current Report on Form 8-K is being
furnished, not filed, for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, and will not be incorporated by reference into any filing
under the Securities Act of 1933, as amended.
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 within 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 9(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
GeoResources,
      Inc. Press Release dated June 1, 2009.
99.2
GeoResources,
      Inc. Press Release dated June 2,
2009.
SIGNATURE
Pursuant to the requirement 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.
By:
/s/
      Frank A. Lodzinski
Frank
      A. Lodzinski, President
Date:
June 4, 2009
EXHIBIT
INDEX
Exhibit No.
Description
99.1
GeoResources,
      Inc. Press Release dated June 1, 2009.
99.2
GeoResources,
      Inc. Press Release dated June 2,
2009.
EXHIBIT
99.1
Contact:  Cathy
Kruse
Telephone:
701-572-2020 ext 113
cathyk@geoi.net
FOR
IMMEDIATE RELEASE
GeoResources,
Inc. Completes Bakken Shale Acquisition
Provides Drilling
and Operations Update
Houston, Texas – June 1, 2009
– GeoResources, Inc., (NASDAQ:GEOI), today announced an oil and gas
property acquisition in the prolific Bakken Shale trend of the Williston Basin
and provided an operations update.
On May
20, 2009, but effective April 1, 2009, the Company closed an acquisition of
producing wells and acreage in the Bakken Shale trend of the Williston Basin.
The acquisition was made through its existing joint venture with Slawson
Exploration Company. Other participants in the acquisition include Northern Oil
& Gas Inc. and Lario Oil & Gas Company. The Company acquired a 15%
interest in approximately 60,000 net acres, and also acquired 15% of varying
working interests in 59 producing and productive wells. The Company's share of
producing and productive wells adds in excess of 300,000 BOE of proved producing
reserves. This reserve estimate excludes numerous proved undeveloped and
probable locations.  Based on June estimates, the acquisition further
adds daily net production of about 180 Bopd. The Company's net acquisition cost
was approximately $10.4 million, prior to adjustments for post effective date
net revenues.  As a result of the acquisition, the Company now has
working interests in the area ranging from 10% to 15% in approximately 100,000
net acres.  Of those total acres, approximately 59,000 net acres are
located in Mountrail County, with the remainder located in adjacent North Dakota
counties and in Richland County, Montana. The joint venture is presently running
one drilling rig and plans to add two rigs in July and possibly a fourth
drilling rig by the first quarter of 2010. We currently expect to drill or
participate in 45-50 wells over the next 18 months, exclusive of interests
resulting from nominal acreage contributions to non-operated units. The Company
expects to have an average net working interest in the range of 7%. The
acquisition was funded with cash and borrowings from the Company's Senior
Secured Revolving Credit Facility.
Drilling
and Operations:
To date,
16 operated joint venture wells have been drilled with a 100% success
rate.  The Company has also participated in numerous additional
non-operated wells.  The joint venture remains active and has
continued to acquire attractive acreage including the acquisition announced
above.  Recent drilling activity includes the Nightcrawler 1-17H (4.7%
WI) flowing at 700 Bopd, the Banshee 1-1H well (5.5% WI) flowing at 450 Bopd and
450 Mcfpd, with production increasing as the well cleans up and the Wombat 1-25H
well (8.5% WI) which was completed in early May with initial production tests
of  800 Bopd.  The Jericho 1-5H well (2.8% WI) completed
drilling operations in late February and is flowing up casing and producing at
300 Bopd; production will likely increase by running production
tubing.  Several other wells are awaiting fracture stimulation
including the Raptor 1-6H (10.0% WI), the Bandit 1-29H (7.5% WI), and the Colt
1-16H well (9.1% WI). The Company is currently participating in the drilling of
the Mamba 1-20H (9.3% WI) which spud May 9, 2009.  Our drilling costs
for Bakken Shale wells located on 640 acre units have decreased significantly
over the past year due to reductions in service company costs, as well as
improvements in drilling and completion techniques. Recent single-lateral wells
have been completed for under $4.0 million which represents an approximate 25%
reduction in completed well costs since last year. The Company expects this
project to allow it to develop additional reserves at reasonable costs. Further,
management believes additional upside can be realized through efficient drilling
and completion techniques and in-filled drilling within existing spacing units,
which has occurred in similar fields located in Montana. Currently, our joint
venture is developing the acreage on 640 acre spacing units; however, our
involvement with other operators has also placed us under 1,280 acre units. When
the initial development phase is completed and more historical production
information is available, we expect that many parts of the field will justify
incremental in-fill drilling.
COMMENTS:
Frank A. Lodzinski, Chief Executive
Officer of GeoResources, said, "This acquisition allows the Company to increase
its interest appreciably in a core and exciting operating area. It adds
immediate proved reserves and production and significantly expands our drilling
and development inventory. The Bakken Shale is a premier oil play in the lower
48.  Our drilling program has continued to deliver positive results.
We expect to continue to develop our assets and selectively expand our acreage
and drilling inventory."
About GeoResources,
Inc.
GeoResources, Inc. is an independent
oil and gas company engaged in the acquisition and development of oil and gas
reserves through an active and diversified program which includes purchases of
reserves, re-engineering, and development and exploration activities, currently
focused in the Southwest, Gulf Coast and the Williston Basin.  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, our Annual Report on Form
10-K for the year ended December 31, 2008, and any and all other documents filed
with the SEC regarding information about GeoResources for meaningful cautionary
language in respect of the forward-looking statements
herein.  Interested persons are able to obtain free copies of filings
containing information about GeoResources, without charge, at the SEC's Internet
site (http://www.sec.gov).
EXHIBIT
99.2
Contact:  Cathy
Kruse
Telephone:
701-572-2020 ext 113
cathyk@geoi.net
FOR
IMMEDIATE RELEASE
GeoResources,
Inc. Completes Giddings Field Acquisition
Also Provides
Operations Update
Houston, Texas – June 2, 2009
– GeoResources, Inc., (NASDAQ:GEOI), today announced the acquisition of
additional working interests in the Giddings Field, Texas, and provided an
operations update.
On May
29, 2009, but effective May 1, 2009, the Company closed the acquisition of
undivided working interests in 68 producing wells located in the Giddings Field,
Texas, from an affiliated partnership. In addition, the Company will immediately
increase its sharing ratio in the partnership from 2% to 30%. GeoResources is
the operator of the subject wells and the general partner of the affiliated
partnership. Prior to the acquisition, GeoResources had direct working interests
in the properties ranging from about 6.5% to 7.8%. Now, its direct working
interests in the producing wells will range from approximately 34% to
37%.  The acquired direct working interests total an estimated 25 Bcfe
of proved reserves, 88% natural gas and 73% developed, with daily production
currently totaling 10,625 Mcf and 85 Bbls of associated liquids. In addition,
the immediate increase in the Company's partnership sharing ratio to 30% amounts
to approximately 13.2 Bcfe.  Further, the Company's share of the
partnership's daily production currently amounts to 5,618 Mcf and 45 Bbls of
associated liquids. The net cash consideration for both the direct working
interests and increased partnership interests was $48.4 million, prior to
adjustments for post effective date net revenues. The Company will remain the
general partner of the affiliated partnership and operator of the properties.
The acquisition provides additional development opportunities and exposure to
upside associated with the Eagleford Shale and other prospective
targets.
Financing:
The
acquisition was funded with borrowings from the Company's Senior Secured
Revolving Credit Facility. Borrowings for this acquisition and the recently
announced acquisition in the Williston Basin totaled $58.0
million.  In order to seek to maintain predictable cash flows and
underwrite growth, commencing July 1, 2009, the Company entered into new
commodity price hedges for 2009 and 2010. The quantities hedged are 1,080 Mmcf
for the remaining six months of 2009 and 1,440 Mmcf for the calendar year 2010,
both at a price of $5.155 per Mcf.
Drilling
and operations:
Austin
Chalk
GeoResources
has continued its successful exploitation of the Austin Chalk Formation in the
Giddings Field of Grimes and Montgomery Counties, Texas. The Hurst Bay 1-H,
which was the fifth dual lateral well, has been drilled and completed. The well
was drilled to a vertical depth of over 14,500 feet with an initial horizontal
leg of 7,700 feet. The second horizontal leg was kicked off from a point
approximately 1,000 feet into the first lateral and drilled 5,250 feet. 
The well had an initial production rate of approximately 19
Mmcfd.  The Hoke-Cole 1-H, which is its sixth dual lateral well, has
also been drilled and completed. The well was drilled to a vertical depth of
over 14,000 feet with an initial horizontal leg of 6,500 feet. The second
horizontal leg was kicked off from a point approximately 150 feet into the first
lateral and drilled 7,000 feet. The well had an initial production rate of
approximately 18 Mmcfd.  The Company has drilled 12 wells to date and
achieved a 100% success rate.  The drilling rig has moved to the Longstreet
1-H, a planned dual lateral well expected to be completed and placed on
production in late June.  As a result of the above Giddings
acquisition, the Company's direct working interest in the Longstreet well will
be about 37% and it will have an additional 15.8% working interest through its
affiliated partnership.  Even at present commodity prices, these wells
are highly economical.  The Company presently expects at least 14
additional drilling locations in the area.
Other
Drilling
The Olson
1-21, located in Roger Mills County, Oklahoma, has been drilled and completed in
the Upper Cherokee Formation and commenced producing at a rate of 1.2
Mmcfd.  The Company has a 26.67% working interest in the
property.  The Romero #1, located in Vermillion Parish, Louisiana, has
been drilled at an estimated true vertical depth of 15,860 feet and is being
completed in the Camerina Sand Formation.  The Company has a 10.42%
working interest in the property.  The Company had a 12% working
interest in the Conner Heirs #1 located in Jefferson Davis Parish, Louisiana and
a 6% working interest in the Moore #1 located in LaFourche Parish,
Louisiana.  Both wells failed to trap hydrocarbons in commercial
quantities and have been plugged and abandoned
.
COMMENTS:
Frank A. Lodzinski, Chief Executive
Officer of GeoResources, said, "Our acquisition in the Giddings Field coupled
with our recently announced acquisition in the Williston Basin (Bakken Shale)
has provided the Company an opportunity to increase its interests appreciably in
two core operating areas. Further, the acquisitions provide immediate increases
to proved reserves, production and cash flow, and significantly expand our
drilling and development inventory. The Bakken Shale is a premier oil play in
the lower 48 and our Giddings Field acquisition gives us additional development
opportunities and exposure to upside associated with the Eagleford Shale and
other prospective targets. Our drilling and development programs continue to
deliver positive results. We expect to continue to develop our assets and
selectively expand our acreage and drilling inventory across the Company. While
we have not yet finalized revisions to our capital budget as a result of these
acquisitions, certain projects may be deferred in favor of drilling on the
acquired acreage or additional attractive acquisitions of productive assets or
acreage. Much of our prior drilling inventory is "held by production" and
accordingly, we have been positioned to take advantage of attractive acquisition
opportunities and modify our capital spending without fear of losing
acreage."
Mr.
Lodzinski further stated, "Our approach and business strategy allows us to meet
the challenges of the financial markets and price volatility. Importantly, the
acquisitions can be operated without additional staffing. However, the
incremental cash flow along with increasing availability of personnel in the
marketplace will allow us to consider incremental technical staffing to
compliment our current staff, and further pursue additional acquisitions and
M&A opportunities. These acquisitions have been financed at favorable
interest rates entirely with reasonable levels of senior secured debt under our
credit facility. We have also entered into certain commodity price hedges to
underwrite these acquisitions and our growth. Consistent with our business plan,
we may sell certain properties to reduce debt, streamline operations, focus our
personnel on the upside in our portfolio and generate additional opportunities
for growth. We believe our diversified approach contributes to our strength and
staying power and will allow the Company to continue to grow
profitably."
About GeoResources,
Inc.
GeoResources, Inc. is an independent
oil and gas company engaged in the acquisition and development of oil and gas
reserves through an active and diversified program which includes purchases of
reserves, re-engineering, and development and exploration activities, currently
focused in the Southwest, Gulf Coast and the Williston Basin.  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, our Annual Report on Form
10-K for the year ended December 31, 2008, and any and all other documents filed
with the SEC regarding information about GeoResources for meaningful cautionary
language in respect of the forward-looking statements
herein.  Interested persons are able to obtain free copies of filings
containing information about GeoResources, without charge, at the SEC's Internet
site (http://www.sec.gov).