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): November 20, 2000



                      FORTUNE NATURAL RESOURCES CORPORATION
             (Exact name of Registrant as specified in its charter)


           Delaware                  1-12334                95-4114732
           --------                  -------                ----------
 (State or other jurisdiction      (Commission             (IRS Employer
       of incorporation)           File Number)         Identification No.)



               515 W. Greens Road, Suite 720, Houston, Texas 77067
    -----------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (281) 872-1170
       Registrant's telecopier number, including area code: (281) 872-1213



                                       N/A
 -------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)



<PAGE>



Item 4.    Changes in Registrant's Certifying Accountant

         On November 20, 2000, the Company's Board of Directors, acting upon the
recommendation  of the  Audit  Committee  of the  Board,  voted  to  retain  the
accounting  firm of Grant  Thornton LLP to make an  examination of the financial
statements of the Company for the 2000 fiscal year.

         Also on November 20, 2000,  the Company's  Board of  Directors,  acting
upon the  recommendation  of the Audit Committee of the Board,  voted to dismiss
its prior independent accountant,  KPMG LLP ("KPMG"). The reports of KPMG on the
Company's  financial  statements  for the  1999 and 1998  fiscal  years  did not
contain any adverse opinion or a disclaimer of opinion and were not qualified or
modified as to  uncertainty,  audit scope or accounting  principles.  During the
1999 or 1998 fiscal years and the period through November 20, 2000 there were no
disagreements  between  the  Company  and  KPMG  on  any  matter  of  accounting
principles or practices,  financial statement  disclosure,  or auditing scope or
procedure,  which  disagreements,  if not resolved to the  satisfaction of KPMG,
would  have  caused  it  to  make   reference  to  the  subject  matter  of  the
disagreements  in  connection  with its  reports  on  financial  statements.  In
addition,  during the 1999 and 1998 fiscal years and the period through November
20, 2000,  there were no  "reportable  events" within the meaning of Item 304 of
the Securities and Exchange Commission" regulation S-K.

         The Company's management and its Board of Directors considers that KPMG
LLP has served the  Company  and its  shareholders  very well since KPMG LLP was
first engaged as Fortune's  independent  accountants in February 1992.  However,
the  rising  cost of audits and  reviews  has  compelled  Fortune to seek a more
economical   alternative.    Grant   Thornton   LLP   is   a   highly-respected,
internationally  recognized  accounting  and  management-consulting   firm.  The
Company  is  looking  forward to a long,  beneficial  relationship  with its new
independent accountants.




Item 7.       Financial Statements and Exhibits

         Exhibit 16 Letter regarding change in certifying accountants.






                                       2

<PAGE>




                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                 FORTUNE NATURAL RESOURCES CORPORATION



                                 By:   /s/ J. Michael Urban
                                       ---------------------------------------
                                       J. Michael Urban
                                       Vice President, Chief Financial Officer
                                       and Chief Accounting Officer



Date:  November 21, 2000


                                       3

<PAGE>
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT", "secsgml_size_bytes": 4447}]
{"company-data": {"conformed-name": "FORTUNE NATURAL RESOURCES CORP", "cik": "0000038242", "assigned-sic": "1311", "irs-number": "954114732", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-12334", "film-number": "774697"}, "business-address": {"street1": "515 WEST GREENS ROAD", "street2": "SUITE 720", "city": "HOUSTON", "state": "TX", "zip": "77067", "phone": "7138721170"}, "mail-address": {"street1": "515 WEST GREENS ROAD", "street2": "SUITE 720", "city": "HOUSTON", "state": "TX", "zip": "77067"}, "former-company": {"former-conformed-name": "FORTUNE PETROLEUM CORP", "date-changed": "19920703"}}
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): November 20, 2000

                      FORTUNE NATURAL RESOURCES CORPORATION
             (Exact name of Registrant as specified in its charter)

           Delaware                  1-12334                95-4114732
           --------                  -------                ----------
 (State or other jurisdiction      (Commission             (IRS Employer
       of incorporation)           File Number)         Identification No.)

               515 W. Greens Road, Suite 720, Houston, Texas 77067
    -----------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (281) 872-1170
       Registrant's telecopier number, including area code: (281) 872-1213

                                       N/A
 -------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 4.    Changes in Registrant's Certifying Accountant

         On November 20, 2000, the Company's Board of Directors, acting upon the
recommendation  of the  Audit  Committee  of the  Board,  voted  to  retain  the
accounting  firm of Grant  Thornton LLP to make an  examination of the financial
statements of the Company for the 2000 fiscal year.

         Also on November 20, 2000,  the Company's  Board of  Directors,  acting
upon the  recommendation  of the Audit Committee of the Board,  voted to dismiss
its prior independent accountant,  KPMG LLP ("KPMG"). The reports of KPMG on the
Company's  financial  statements  for the  1999 and 1998  fiscal  years  did not
contain any adverse opinion or a disclaimer of opinion and were not qualified or
modified as to  uncertainty,  audit scope or accounting  principles.  During the
1999 or 1998 fiscal years and the period through November 20, 2000 there were no
disagreements  between  the  Company  and  KPMG  on  any  matter  of  accounting
principles or practices,  financial statement  disclosure,  or auditing scope or
procedure,  which  disagreements,  if not resolved to the  satisfaction of KPMG,
would  have  caused  it  to  make   reference  to  the  subject  matter  of  the
disagreements  in  connection  with its  reports  on  financial  statements.  In
addition,  during the 1999 and 1998 fiscal years and the period through November
20, 2000,  there were no  "reportable  events" within the meaning of Item 304 of
the Securities and Exchange Commission" regulation S-K.

         The Company's management and its Board of Directors considers that KPMG
LLP has served the  Company  and its  shareholders  very well since KPMG LLP was
first engaged as Fortune's  independent  accountants in February 1992.  However,
the  rising  cost of audits and  reviews  has  compelled  Fortune to seek a more
economical   alternative.    Grant   Thornton   LLP   is   a   highly-respected,
internationally  recognized  accounting  and  management-consulting   firm.  The
Company  is  looking  forward to a long,  beneficial  relationship  with its new
independent accountants.

Item 7.       Financial Statements and Exhibits

         Exhibit 16 Letter regarding change in certifying accountants.

                                       2
SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                 FORTUNE NATURAL RESOURCES CORPORATION

                                 By:   /s/ J. Michael Urban
                                       ---------------------------------------
                                       J. Michael Urban
                                       Vice President, Chief Financial Officer
                                       and Chief Accounting Officer

Date:  November 21, 2000

                                       3