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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">_____________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section&nbsp;13 or 15(d)&nbsp;of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>March 30, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;_____________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>VOYAGER OIL&nbsp;&amp; GAS,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR>
    <TD STYLE="width: 32%; vertical-align: top; font-size: 10pt; font-weight: bold; text-align: center">Montana</TD>
    <TD STYLE="width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 32%; vertical-align: top; font-size: 10pt; font-weight: bold; text-align: center">1-35097</TD>
    <TD STYLE="width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 32%; vertical-align: top; font-size: 10pt; font-weight: bold; text-align: center">77-0639000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">(State or other jurisdiction of<BR> incorporation)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">(Commission File Number)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">(IRS Employer<BR> Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2718 Montana Ave., Suite&nbsp;220<BR>
Billings, MT 59101</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices,
including zip code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(406) 245-4901</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&rsquo;s telephone number, including
area code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former name or former address, if changed
since last report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form&nbsp;8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 5.02</B></TD><TD><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Appointment of Martin J. Beskow as Executive Vice President
and Related Employment Agreement </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On March 30, 2012, the Board of Directors
of Voyager Oil &amp; Gas, Inc. (the &ldquo;Company&rdquo;) appointed Martin J. Beskow to the office of Executive Vice President of the Company. In connection with the appointment, the Company entered into an employment
agreement (the &ldquo;Employment Agreement&rdquo;) with Mr. Beskow on March 30, 2012 (the &ldquo;Effective Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Mr. Beskow, 41, joins the Company
after serving as Vice President, Senior Equity Analyst at Northland Securities, operating as Northland Capital Markets,
covering oil exploration and production companies, many with operations focused on the Williston Basin. Mr. Beskow brings 15
years of investment industry experience and earlier in his career obtained over 4 years experience at KPMG, a Big 4 public
accounting firm. Mr. Beskow received the Chartered Financial Analyst charterholder designation in 2001 and received his
Certified Public Accounting license (currently inactive) in 1994. Prior to joining Northland in 2010, he was the Vice
President and Portfolio Manager from 2009 to 2010 at Blue Water Capital Advisors, a money management firm that managed a
natural resource focused portfolio and broad based portfolios. From 2007 to 2009, Mr. Beskow was a Vice President at
Interlachen Capital Group, a multi-strategy hedge fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Employment Agreement is for a
term of one year, unless sooner terminated pursuant to its terms, and provides for an annual base salary of $225,000
commencing on the Effective Date. The Employment Agreement further provides for Mr. Beskow to receive options to purchase
350,000 shares of the Company&rsquo;s common stock under the Company&rsquo;s 2011 Equity Incentive Plan. The exercise price
of the stock options is the closing price of the Company&rsquo;s common stock on the date of hire and the options will fully
vest one year from the date of grant. Mr. Beskow is also eligible to receive bonuses as may be determined in the sole
discretion of the Company&rsquo;s Compensation Committee and Board of Directors. Mr. Beskow shall be reimbursed for ordinary
and customary business expenses, including travel and other disbursements pre-approved by the Company. The Employment
Agreement also provides that Mr. Beskow is entitled to participate in other Company benefits that are provided generally to
all employees of the Company, such as retirement plans and health insurance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the event of specified termination events,
the Employment Agreement provides that the Company shall pay Mr. Beskow his then current base salary for a twelve-month period
at regular payroll intervals, and shall reimburse Mr. Beskow for the Company&rsquo;s share of premiums for twelve months for Mr.
Beskow&rsquo;s COBRA continuation coverage in the Company&rsquo;s group medical and dental plans. In the event of a &ldquo;change
in control&rdquo; (as defined in the stock option award) of the Company, the stock options shall vest immediately.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Under the Employment Agreement, Mr. Beskow
is obligated to maintain the confidentiality of certain confidential or proprietary information of the Company during the term
of the Employment Agreement and for two years following the termination of Mr. Beskow&rsquo;s employment with the Company. Mr.
Beskow is also prohibited from engaging in certain competitive or solicitation activity during his employment with the Company
and for a period of one year following the termination of Mr. Beskow&rsquo;s employment with the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A copy of the Employment Agreement is
attached hereto as Exhibit 10.1 and is incorporated herein by reference. The description of the Employment Agreement
contained herein is qualified in its entirety by reference to the full text of the Employment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 1in; text-align: left"><B>Item 7.01</B></TD><TD STYLE="text-align: justify"><B>Regulation FD Disclosure.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On April 5, 2012, the Company issued a
press release announcing Mr.&nbsp;Beskow&rsquo;s appointment and the Company&rsquo;s upcoming conference presentation. A copy of
the Company&rsquo;s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 1in; text-align: left"><B>Item 9.01</B></TD><TD STYLE="text-align: justify"><B>Financial Statements and Exhibits.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">(d)</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-size: 10pt">Exhibits.</TD></TR>
<TR>
    <TD STYLE="width: 4%; vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 5%; vertical-align: top">&nbsp;</TD>
    <TD STYLE="width: 5%; vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 86%; vertical-align: top; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">10.1</TD>
    <TD STYLE="font-size: 10pt">Employment Agreement dated March 30, 2012 by and between Martin J. Beskow and Voyager Oil &amp; Gas, Inc.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">99.1</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">Press Release, dated April 5, 2012</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the Company has duly caused this report on Form&nbsp;8-K to be signed on its behalf by the undersigned hereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 33%; font-size: 10pt">VOYAGER OIL&nbsp;&amp; GAS,&nbsp;INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">Date: April 5, 2012</TD>
    <TD STYLE="font-size: 10pt">By:</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; font-size: 10pt">/s/ Mitchell R. Thompson</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Mitchell R. Thompson</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Chief Financial Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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[{"type": "8-K", "sequence": "1", "filename": "v308637_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 20563}]
{"company-data": {"conformed-name": "Voyager Oil & Gas, Inc.", "cik": "0001283843", "assigned-sic": "1311", "irs-number": "770639000", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-35097", "film-number": "12745708"}, "business-address": {"street1": "2718 MONTANA AVENUE", "street2": "SUITE 220", "city": "BILLINGS", "state": "MT", "zip": "59101", "phone": "406-245-4902"}, "mail-address": {"street1": "2718 MONTANA AVENUE", "street2": "SUITE 220", "city": "BILLINGS", "state": "MT", "zip": "59101"}, "former-company": [{"former-conformed-name": "ante4, Inc", "date-changed": "20091106"}, {"former-conformed-name": "WPT ENTERPRISES INC", "date-changed": "20040316"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)
March 30, 2012
_____________________
VOYAGER OIL & GAS, INC.
(Exact name of registrant as specified in
its charter)
Montana
1-35097
77-0639000
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
2718 Montana Ave., Suite 220
Billings, MT 59101
(Address of principal executive offices,
including zip code)
(406) 245-4901
(Registrant's telephone number, including
area code)
(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 (see General
Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
Appointment of Martin J. Beskow as Executive Vice President
and Related Employment Agreement
On March 30, 2012, the Board of Directors
of Voyager Oil & Gas, Inc. (the "Company") appointed Martin J. Beskow to the office of Executive Vice President of the Company. In connection with the appointment, the Company entered into an employment
agreement (the "Employment Agreement") with Mr. Beskow on March 30, 2012 (the "Effective Date").
Mr. Beskow, 41, joins the Company
after serving as Vice President, Senior Equity Analyst at Northland Securities, operating as Northland Capital Markets,
covering oil exploration and production companies, many with operations focused on the Williston Basin. Mr. Beskow brings 15
years of investment industry experience and earlier in his career obtained over 4 years experience at KPMG, a Big 4 public
accounting firm. Mr. Beskow received the Chartered Financial Analyst charterholder designation in 2001 and received his
Certified Public Accounting license (currently inactive) in 1994. Prior to joining Northland in 2010, he was the Vice
President and Portfolio Manager from 2009 to 2010 at Blue Water Capital Advisors, a money management firm that managed a
natural resource focused portfolio and broad based portfolios. From 2007 to 2009, Mr. Beskow was a Vice President at
Interlachen Capital Group, a multi-strategy hedge fund.
The Employment Agreement is for a
term of one year, unless sooner terminated pursuant to its terms, and provides for an annual base salary of $225,000
commencing on the Effective Date. The Employment Agreement further provides for Mr. Beskow to receive options to purchase
350,000 shares of the Company's common stock under the Company's 2011 Equity Incentive Plan. The exercise price
of the stock options is the closing price of the Company's common stock on the date of hire and the options will fully
vest one year from the date of grant. Mr. Beskow is also eligible to receive bonuses as may be determined in the sole
discretion of the Company's Compensation Committee and Board of Directors. Mr. Beskow shall be reimbursed for ordinary
and customary business expenses, including travel and other disbursements pre-approved by the Company. The Employment
Agreement also provides that Mr. Beskow is entitled to participate in other Company benefits that are provided generally to
all employees of the Company, such as retirement plans and health insurance.
In the event of specified termination events,
the Employment Agreement provides that the Company shall pay Mr. Beskow his then current base salary for a twelve-month period
at regular payroll intervals, and shall reimburse Mr. Beskow for the Company's share of premiums for twelve months for Mr.
Beskow's COBRA continuation coverage in the Company's group medical and dental plans. In the event of a "change
in control" (as defined in the stock option award) of the Company, the stock options shall vest immediately.
Under the Employment Agreement, Mr. Beskow
is obligated to maintain the confidentiality of certain confidential or proprietary information of the Company during the term
of the Employment Agreement and for two years following the termination of Mr. Beskow's employment with the Company. Mr.
Beskow is also prohibited from engaging in certain competitive or solicitation activity during his employment with the Company
and for a period of one year following the termination of Mr. Beskow's employment with the Company.
A copy of the Employment Agreement is
attached hereto as Exhibit 10.1 and is incorporated herein by reference. The description of the Employment Agreement
contained herein is qualified in its entirety by reference to the full text of the Employment Agreement.
Item 7.01
Regulation FD Disclosure.
On April 5, 2012, the Company issued a
press release announcing Mr. Beskow's appointment and the Company's upcoming conference presentation. A copy of
the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits.
10.1
Employment Agreement dated March 30, 2012 by and between Martin J. Beskow and Voyager Oil & Gas, Inc.
99.1
Press Release, dated April 5, 2012
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Company has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto
duly authorized.
VOYAGER OIL & GAS, INC.
Date: April 5, 2012
By:
/s/ Mitchell R. Thompson
Mitchell R. Thompson
Chief Financial Officer