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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>
    <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>
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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: 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): February 4, 2009</font></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;
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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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      Applicable</font></div>
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          </tr>
          <tr>
            <td align="left" valign="top" width="66%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <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>
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          </tr>
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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>
    <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">___
Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR
240.14a-12)</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">___
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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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>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#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">
        </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="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"><a name="102">ITEM 2.02: RESULTS OF OPERATIONS AND FINANCIAL
CONDITION</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">On
February 4, 2009, GeoResources, Inc. issued a press release providing an
operations update. <font style="DISPLAY: inline; FONT-WEIGHT: bold">&#160;</font>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">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 will not be
incorporated by reference into any filing under the Securities Act of 1933, as
amended.</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">&#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>
    <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 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="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">(d)</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="73%">
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            </td>
          </tr>
          <tr>
            <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="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="73%"><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="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="73%">
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      following exhibit is included with this Current Report on
      Form&#160;8-K:</font></div>
            </td>
          </tr>
      </table>
    </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>
          <tr>
            <td valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
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            </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%" style="BORDER-BOTTOM: black 2px solid">
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            </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>
            </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%">
              <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 February 4,
2009.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      </div>
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      </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>
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            <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%">
              <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>
            <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:
February 6, 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>
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        <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>
    <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; TEXT-INDENT: 0pt">&#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">99.1</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; TEXT-INDENT: 0pt">&#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">GeoResources,
      Inc. Press Release dated February 4,
2009.</font></div>
            </td>
          </tr>
      </table>
    </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"><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><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="pr8k2.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: -9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;
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-SIZE: 12pt; FONT-FAMILY: Times New Roman">GeoResources,
Inc. Provides Operations Update</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-STYLE: italic; FONT-FAMILY: Times New Roman">Continues
successful horizontal drilling in Texas and North Dakota</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-STYLE: italic; FONT-FAMILY: Times New Roman">Intends
to proceed with its capital budget as planned</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, February 4, 2009
</font>&#8211; GeoResources, Inc., (Nasdaq:GEOI), today provided an operations update.
At present, the Company plans to continue its previously announced capital
budget and expects to spend approximately $30-$32 million in 2009. Based on
internal projections, hedges and Nymex prices, management believes the Company
will be able to continue its capital budget out of discretionary cash
flow.</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">AUSTIN
CHALK</font></font></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
continues its successful exploitation of the Austin Chalk formation in Giddings
Field, Grimes County, Texas. The Hurst Bay 1-H, which is its 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 7,692 feet. The second
horizontal leg was kicked off from a point approximately 1,000 feet into the
first lateral and drilled 5,253 feet. The Company anticipates that the well will
be on production by mid-February. The previously reported Bax 1-H dual lateral
well had an initial production rate in excess of 21 MMCFPD commencing on
November 20, 2008, and is currently producing approximately 13 MMCFPD with
cumulative production of 1 BCF in the first 60 days. The Company has drilled 10
wells to date and achieved a 100% success rate.&#160;&#160;The drilling rig has
moved to the Hoke Cole 1-H which is also a planned dual lateral. Even at present
drilling costs and commodity prices, these wells are highly economical. The
Company has recently leased 5,683 Federal acres bringing the total acreage in
the project to more than 60,000 net acres for the Company and its affiliated
partnership. The Company presently expects 15 additional drilling locations and
intends to retain the current drilling rig and spud a new well approximately
every 60-75 days. The Company will consider deploying a second rig as drilling
costs decline. The Federal acreage is on trend with recent successful drilling
and adjacent to numerous private fee tracts under lease by the Company, which
simplifies prospect access. Accordingly, while drilling units will be subject to
state and Federal approval, the Company believes that development will be able
to proceed without inordinate delay.&#160;&#160;GeoResources is the operator of
all of these wells and holds a direct 7.2% working interest.&#160;&#160;In
addition, an affiliated partnership owns an 82.8% working
interest.&#160;&#160;The Company holds a 2% general partner interest in the
partnership, which interest increases significantly in accordance with economic
performance parameters under the terms of the partnership
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="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">BAKKEN
SHALE</font></font></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
Company holds a 10-15% working interest in approximately 35,000 net acres in
Mountrail County, North Dakota, through a joint venture.&#160;&#160;To date, 11
joint venture wells have been drilled by the operator. The joint venture remains
active, has continued to acquire attractive acreage, and continuous drilling is
presently anticipated throughout 2009.&#160;&#160;However, in the near term and
until costs decline further, wells may include acreage where the joint venture
has lower working interests in order to reduce near term capital expenditures.
In response to current economics, the operator has curtailed some production and
deferred completion of new wells until the spring. As reported by numerous
operators, the general level of drilling activity in the Bakken Shale play in
North Dakota has slowed due to reductions in commodity prices.&#160;&#160;The
joint venture completed well costs to date have been approximately $5.0 million
per well. We expect near term joint venture well costs to be approximately $4.5
million and to average under $4.0 million in four to six months. The Peacemaker
1-8H (3.9% WI) has been completed and started producing early October; however,
production has been curtailed to 200 BOPD until prices recover. The Bandit 1-29H
(7.4% WI) and the Nightcrawler 1-17H (4.7% WI) have both been drilled but are
waiting on fracture stimulation.&#160;&#160;The joint venture has also drilled
the Banshee 1-1H well (4.5% WI), which is in the heart of the play, and it is
waiting on completion.&#160;&#160;The rig is now moving to the Jericho 1-5H well
(2.8% WI), the Wombat 1-25H (WI TBD) and then the Raptor 1-6H (10%
WI).&#160;&#160;The Company anticipates that the Raptor will finish in late
April to early May.</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">OTHER NORTH DAKOTA
ACTIVITY</font></font></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">As
previously announced, the Company has unitized certain shallow oil fields in
Bottineau County, North Dakota, for secondary water flood operations and is
continuing these activities.&#160;&#160;A recent increase in the Starbuck
Madison Unit production, which includes more than 6,000 net acres, is believed
to be initial secondary recovery response. The Company has a 95.88% working
interest and an 81.22% net revenue interest in this unit. Phase Two of the
development plan was initiated in the fourth quarter and is substantially
complete; the Company has temporarily postponed the installation of some flow
lines due to extreme weather.&#160;&#160;Using its base case, management
estimates 1.4 million Bbls recoverable with a development cost of approximately
$4.00-$5.00 per barrel. Recoverable reserve estimates range from 1.0 million
Bbls to 2.4 million Bbls. &#160;At Southwest Starbuck, we have completed Phase
One of the water flood plan which included drilling one injection well and
installing a water plant and flow lines.&#160;&#160;Initial water injection
commenced mid January. The plant and flow lines will also serve the south end of
the Starbuck Madison Unit.&#160;&#160;The initial flood design includes 560
gross acres with a 97.52% working interest and 75.42% net revenue interest.
Management estimates that an incremental 170,000 Bbls are recoverable, net to
the Company&#8217;s interest. Additionally, the Company has drilled and cored an
evaluation well at its Northeast Landa Field to support its unitization plan.
The Company&#8217;s present working interest is 92%.&#160;&#160;Pending unitization,
Phase One flood installation is expected to begin in the third quarter. Even at
reduced commodity prices, management believes that the economics of these
secondary recovery projects remain attractive.</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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">OKLAHOMA</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
previously announced Oklahoma acquisition added numerous proved and potential
drilling locations. The Company believes it can exploit exploration and
development opportunities associated with the acreage and in acres close by.
While lower gas prices have negatively impacted drilling economics, the Company
is high-grading drilling locations and has scheduled drilling the first five
wells. Additional drilling is expected to be scheduled, particularly as drilling
costs decline.&#160;&#160;The Olson 1-21, a development well, is currently
drilling in Roger Mills County to an estimated total depth of 13,800 feet, where
the Company has a 26.67% working interest.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#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-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">GULF COAST
DRILLING</font></font></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
Company is presently drilling or participating in the following wells in the
Gulf Coast:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Romero
      #1, Vermillion Parish, Louisiana, 10.42% working interest, estimated total
      depth of 16,200 feet.&#160;&#160;This is a development well with
      exploratory objectives.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2.&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Conner
      Heirs #1, Jefferson Davis Parish, Louisiana, 12% working interest,
      estimated total depth of 15,750 feet. The well is a low risk exploratory
      test well with multiple objectives and offset production in an adjacent
      fault block.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Moore
      #1, LaFourche Parish, Louisiana, 6% working interest, estimated total
      depth of 11,200 feet. The well is an exploratory test with multiple
      objectives. A second shallow gas well, the Moore #2 with a total depth of
      3,200 feet will spud immediately after drilling the initial well. The
      Company&#8217;s working interest in the shallow gas well is 17%.&#160;&#160;The
      Company expects to have a 17% working interest in all additional
      development wells, if any.</font></div>
            </td>
          </tr>
      </table>
    </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">WEATHER RELATED
ISSUES</font></font></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>Approximately 350-400 Bopd, net to the
Company, was shut in as a result of hurricanes in the late
summer.&#160;&#160;Production started to be phased back in late October, but has
not reached prior levels and is still under the second quarter, 2008 by about
100 Bopd. Due to the low commodity prices, additional work will likely be
further deferred in anticipation of declining construction and workover costs.
The Company has incurred incremental operating and capital expenses as a result
of the hurricanes.&#160;&#160;Estimated expenditures in the third and fourth
quarters have totaled approximately $1.5 million and we believe a significant
portion will be covered by insurance.&#160;&#160;Amounts cannot be determined
with certainty at this time.&#160;&#160;In addition, due to the extreme cold
temperatures and large amounts of snow in the Williston Basin, the Company has
elected to defer repairing certain wells and facilities and have shut-in
approximately 50 Bopd.</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">COMMENTS</font></font></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;We are pleased that
our drilling and development programs continue to deliver positive results and
that we have been able to acquire additional acreage at attractive
prices.&#160;&#160;In spite of the rapid and steep decline in commodity prices,
we have not yet reduced our planned capital budget and believe, predicated on
the current Nymex strip and our hedge positions, that with reasonable success we
can continue with our 2009 planned budget totaling approximately $30&#8211;$32
million.&#160;&#160;We expect to continue to develop our assets and selectively
expand our acreage and prospect inventory, both for our direct interests and our
partnership interests. A large portion of our inventory is &#8220;held by production&#8221;
and accordingly, certain projects which are impacted adversly by local markets
can be deferred in favor of other projects with more favorable near term
economics. We believe we can remain cash flow positive and fulfill all known
obligations.&#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. While we have
continued our capital spending, we anxiously await reduced drilling and service
costs. We believe our business strategy and financial management will allow us
to survive and prosper during the collapse of the financial markets and industry
downturn.&#160;&#160;&#160;It is important for investors to note that, i) we
have reduced our debt by $56 million in 2008 to $40 million, ii) we have
considerable cash flow to support our staffing, obligations and capital
expenditures, and iii) because many of our opportunities are &#8220;held by
production,&#8221; we can shift our capital budget to projects with greater economics
under current conditions.&#160;&#160;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; 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: 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, our Annual Report on Form
10-KSB/A for the year ended December 31, 2007, 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>
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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): February 4, 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))
______________________________________________________________________________
ITEM 2.02: RESULTS OF OPERATIONS AND FINANCIAL
CONDITION
On
February 4, 2009, GeoResources, Inc. issued a press release providing an
operations update.
A copy of the press
release is furnished with this report as Exhibit 99.1, and is incorporated
herein by reference.
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 will not be
incorporated by reference into any filing under the Securities Act of 1933, as
amended.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS.
(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 February 4,
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:
February 6, 2009
EXHIBIT
INDEX
Exhibit No.
Description
99.1
GeoResources,
      Inc. Press Release dated February 4,
2009.
EXHIBIT
99.1
Contact:  Cathy
Kruse
Telephone:
701-572-2020 ext 113
cathyk@geoi.net
FOR IMMEDIATE RELEASE
GeoResources,
Inc. Provides Operations Update
Continues
successful horizontal drilling in Texas and North Dakota
Intends
to proceed with its capital budget as planned
Houston, Texas, February 4, 2009
– GeoResources, Inc., (Nasdaq:GEOI), today provided an operations update.
At present, the Company plans to continue its previously announced capital
budget and expects to spend approximately $30-$32 million in 2009. Based on
internal projections, hedges and Nymex prices, management believes the Company
will be able to continue its capital budget out of discretionary cash
flow.
AUSTIN
CHALK
GeoResources
continues its successful exploitation of the Austin Chalk formation in Giddings
Field, Grimes County, Texas. The Hurst Bay 1-H, which is its 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 7,692 feet. The second
horizontal leg was kicked off from a point approximately 1,000 feet into the
first lateral and drilled 5,253 feet. The Company anticipates that the well will
be on production by mid-February. The previously reported Bax 1-H dual lateral
well had an initial production rate in excess of 21 MMCFPD commencing on
November 20, 2008, and is currently producing approximately 13 MMCFPD with
cumulative production of 1 BCF in the first 60 days. The Company has drilled 10
wells to date and achieved a 100% success rate.  The drilling rig has
moved to the Hoke Cole 1-H which is also a planned dual lateral. Even at present
drilling costs and commodity prices, these wells are highly economical. The
Company has recently leased 5,683 Federal acres bringing the total acreage in
the project to more than 60,000 net acres for the Company and its affiliated
partnership. The Company presently expects 15 additional drilling locations and
intends to retain the current drilling rig and spud a new well approximately
every 60-75 days. The Company will consider deploying a second rig as drilling
costs decline. The Federal acreage is on trend with recent successful drilling
and adjacent to numerous private fee tracts under lease by the Company, which
simplifies prospect access. Accordingly, while drilling units will be subject to
state and Federal approval, the Company believes that development will be able
to proceed without inordinate delay.  GeoResources is the operator of
all of these wells and holds a direct 7.2% working interest.  In
addition, an affiliated partnership owns an 82.8% working
interest.  The Company holds a 2% general partner interest in the
partnership, which interest increases significantly in accordance with economic
performance parameters under the terms of the partnership
agreement.
BAKKEN
SHALE
The
Company holds a 10-15% working interest in approximately 35,000 net acres in
Mountrail County, North Dakota, through a joint venture.  To date, 11
joint venture wells have been drilled by the operator. The joint venture remains
active, has continued to acquire attractive acreage, and continuous drilling is
presently anticipated throughout 2009.  However, in the near term and
until costs decline further, wells may include acreage where the joint venture
has lower working interests in order to reduce near term capital expenditures.
In response to current economics, the operator has curtailed some production and
deferred completion of new wells until the spring. As reported by numerous
operators, the general level of drilling activity in the Bakken Shale play in
North Dakota has slowed due to reductions in commodity prices.  The
joint venture completed well costs to date have been approximately $5.0 million
per well. We expect near term joint venture well costs to be approximately $4.5
million and to average under $4.0 million in four to six months. The Peacemaker
1-8H (3.9% WI) has been completed and started producing early October; however,
production has been curtailed to 200 BOPD until prices recover. The Bandit 1-29H
(7.4% WI) and the Nightcrawler 1-17H (4.7% WI) have both been drilled but are
waiting on fracture stimulation.  The joint venture has also drilled
the Banshee 1-1H well (4.5% WI), which is in the heart of the play, and it is
waiting on completion.  The rig is now moving to the Jericho 1-5H well
(2.8% WI), the Wombat 1-25H (WI TBD) and then the Raptor 1-6H (10%
WI).  The Company anticipates that the Raptor will finish in late
April to early May.
OTHER NORTH DAKOTA
ACTIVITY
As
previously announced, the Company has unitized certain shallow oil fields in
Bottineau County, North Dakota, for secondary water flood operations and is
continuing these activities.  A recent increase in the Starbuck
Madison Unit production, which includes more than 6,000 net acres, is believed
to be initial secondary recovery response. The Company has a 95.88% working
interest and an 81.22% net revenue interest in this unit. Phase Two of the
development plan was initiated in the fourth quarter and is substantially
complete; the Company has temporarily postponed the installation of some flow
lines due to extreme weather.  Using its base case, management
estimates 1.4 million Bbls recoverable with a development cost of approximately
$4.00-$5.00 per barrel. Recoverable reserve estimates range from 1.0 million
Bbls to 2.4 million Bbls.  At Southwest Starbuck, we have completed Phase
One of the water flood plan which included drilling one injection well and
installing a water plant and flow lines.  Initial water injection
commenced mid January. The plant and flow lines will also serve the south end of
the Starbuck Madison Unit.  The initial flood design includes 560
gross acres with a 97.52% working interest and 75.42% net revenue interest.
Management estimates that an incremental 170,000 Bbls are recoverable, net to
the Company's interest. Additionally, the Company has drilled and cored an
evaluation well at its Northeast Landa Field to support its unitization plan.
The Company's present working interest is 92%.  Pending unitization,
Phase One flood installation is expected to begin in the third quarter. Even at
reduced commodity prices, management believes that the economics of these
secondary recovery projects remain attractive.
OKLAHOMA
The
previously announced Oklahoma acquisition added numerous proved and potential
drilling locations. The Company believes it can exploit exploration and
development opportunities associated with the acreage and in acres close by.
While lower gas prices have negatively impacted drilling economics, the Company
is high-grading drilling locations and has scheduled drilling the first five
wells. Additional drilling is expected to be scheduled, particularly as drilling
costs decline.  The Olson 1-21, a development well, is currently
drilling in Roger Mills County to an estimated total depth of 13,800 feet, where
the Company has a 26.67% working interest.
GULF COAST
DRILLING
The
Company is presently drilling or participating in the following wells in the
Gulf Coast:
1.
Romero
      #1, Vermillion Parish, Louisiana, 10.42% working interest, estimated total
      depth of 16,200 feet.  This is a development well with
      exploratory objectives.
2.
Conner
      Heirs #1, Jefferson Davis Parish, Louisiana, 12% working interest,
      estimated total depth of 15,750 feet. The well is a low risk exploratory
      test well with multiple objectives and offset production in an adjacent
      fault block.
3.
Moore
      #1, LaFourche Parish, Louisiana, 6% working interest, estimated total
      depth of 11,200 feet. The well is an exploratory test with multiple
      objectives. A second shallow gas well, the Moore #2 with a total depth of
      3,200 feet will spud immediately after drilling the initial well. The
      Company's working interest in the shallow gas well is 17%.  The
      Company expects to have a 17% working interest in all additional
      development wells, if any.
WEATHER RELATED
ISSUES
Approximately 350-400 Bopd, net to the
Company, was shut in as a result of hurricanes in the late
summer.  Production started to be phased back in late October, but has
not reached prior levels and is still under the second quarter, 2008 by about
100 Bopd. Due to the low commodity prices, additional work will likely be
further deferred in anticipation of declining construction and workover costs.
The Company has incurred incremental operating and capital expenses as a result
of the hurricanes.  Estimated expenditures in the third and fourth
quarters have totaled approximately $1.5 million and we believe a significant
portion will be covered by insurance.  Amounts cannot be determined
with certainty at this time.  In addition, due to the extreme cold
temperatures and large amounts of snow in the Williston Basin, the Company has
elected to defer repairing certain wells and facilities and have shut-in
approximately 50 Bopd.
COMMENTS
Frank A.
Lodzinski, Chief Executive Officer of GeoResources, said, "We are pleased that
our drilling and development programs continue to deliver positive results and
that we have been able to acquire additional acreage at attractive
prices.  In spite of the rapid and steep decline in commodity prices,
we have not yet reduced our planned capital budget and believe, predicated on
the current Nymex strip and our hedge positions, that with reasonable success we
can continue with our 2009 planned budget totaling approximately $30–$32
million.  We expect to continue to develop our assets and selectively
expand our acreage and prospect inventory, both for our direct interests and our
partnership interests. A large portion of our inventory is "held by production"
and accordingly, certain projects which are impacted adversly by local markets
can be deferred in favor of other projects with more favorable near term
economics. We believe we can remain cash flow positive and fulfill all known
obligations."
Mr.
Lodzinski further stated, "Our approach and business strategy allows us to meet
the challenges of the financial markets and price volatility. While we have
continued our capital spending, we anxiously await reduced drilling and service
costs. We believe our business strategy and financial management will allow us
to survive and prosper during the collapse of the financial markets and industry
downturn.   It is important for investors to note that, i) we
have reduced our debt by $56 million in 2008 to $40 million, ii) we have
considerable cash flow to support our staffing, obligations and capital
expenditures, and iii) because many of our opportunities are "held by
production," we can shift our capital budget to projects with greater economics
under current conditions.  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-KSB/A for the year ended December 31, 2007, 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).