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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">SECURITIES
AND EXCHANGE COMMISSION</FONT></FONT> </P>


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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Washington,
D.C.  20549</FONT></FONT> </P>




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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>FORM 8-K</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>CURRENT
REPORT</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></FONT> </P>



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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Date of
Report (Date of earliest event reported):  <U>February 21, 2006</U><BR></FONT></FONT> </P>



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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="6"><B>Aspen
Exploration Corporation</B></FONT><BR><FONT SIZE="2">(Name of small business as specified in its charter)</FONT></FONT></P>

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    <TD align=left width="37%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Delaware</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="30%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>0-9494</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="23%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;<B>84-0811316</B></FONT></TD>
    <TD align=left width="2%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
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    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(State or
      other jurisdiction</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>(Commission File Number)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(I.R.S.
      Employer</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;of
      incorporation)</FONT></TD>
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      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
size=2></FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>Identification Number)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR></TABLE>

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<A NAME="A001"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B><U>2050 S. Oneida St., Suite 208, Denver, CO 80224-2426</U></B><BR>
(Address of
principal executive offices) (Zip Code)</FONT></FONT></P>

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Telephone number, including Area code <U>(303) 639-9860</U></FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Not
applicable </B><BR>Former name or former address if changed since last report</FONT></FONT> </P>



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<HR align=center width="100%" color=#999999 SIZE=3>




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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM
4.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in Registrant&#146;s Certifying Accountant</B></FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On
February 21, 2006, the Board of Directors of Aspen Exploration Corporation (the &#147;Company&#148; or
&#147;we&#148;), informed  Gordon, Hughes, &amp; Banks, LLP (&#147;Gordon Hughes&#148;)
that is has dismissed Gordon Hughes as the Company&#146;s independent  registered public
accounting firm effective immediately.</FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On
February 21, 2006, the Company&#146;s Board of Directors informed Hein &amp; Associates
LLP, certified public accountants,  that such firm was appointed as the Company&#146;s
independent registered accounting firm effective immediately.</FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Gordon
Hughes&#146; principal accountant report on the financial statements for either of the
past two years did not  contain an adverse opinion or disclaimer of opinion, or was
modified as to uncertainty, audit scope, or accounting principles.</FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">There
were no disagreements with Gordon Hughes on any matter of accounting principles,
practices, financial statement  disclosure, or auditing scope or procedure.</FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
Company has provided Gordon Hughes with a copy of these disclosures and has requested
Gordon Hughes to furnish to the  Company with a letter addressed to the Securities and
Exchange Commission stating whether Gordon Hughes agrees with the  statements by the
Company in this report. Gordon Hughes letter is attached as Exhibit 16.1.</FONT></FONT> </P>



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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Financial Statements and Exhibits</B></FONT></FONT> </P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">(c)&nbsp;&nbsp;&nbsp;<U>Exhibits.</U></FONT></FONT> </P>

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     <TD ALIGN="RIGHT" WIDTH="6%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">16.1 </FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="91%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"> Letter
of Gordon Hughes &amp; Banks, LLP, dated February 21, 2006 regarding the change in
certifying accountant.</FONT></FONT> </P></TD>
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<A NAME="A005"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>SIGNATURES</B></FONT></FONT></P>

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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized, on the 21st day of February 2006.</FONT></FONT> </P>


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     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Aspen Exploration Corporation</B></FONT></FONT> </P></TD>
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<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">By: <U>/s/ Robert A. Cohan</U><BR><A NAME="A006"></A>Robert A. Cohan, President
</FONT></FONT>
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{"company-data": {"conformed-name": "ASPEN EXPLORATION CORP", "cik": "0000319458", "assigned-sic": "1311", "irs-number": "840811316", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-09494", "film-number": "06636252"}, "business-address": {"street1": "2050 S. ONEIDA STREET", "street2": "SUITE 208", "city": "DENVER", "state": "CO", "zip": "80224", "phone": "303-639-9860"}, "mail-address": {"street1": "2050 S. ONEIDA STREET", "street2": "SUITE 208", "city": "DENVER", "state": "CO", "zip": "80224"}}
AutoCoded Document
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 21, 2006
Aspen
Exploration Corporation
(Name of small business as specified in its charter)
Delaware
0-9494
84-0811316
(State or
      other jurisdiction
(Commission File Number)
(I.R.S.
      Employer
of
      incorporation)
Identification Number)
2050 S. Oneida St., Suite 208, Denver, CO 80224-2426
(Address of
principal executive offices) (Zip Code)
Telephone number, including Area code
(303) 639-9860
Not
applicable
Former name or former address if changed since last report
ITEM
4.01     Change in Registrant's Certifying Accountant
On
February 21, 2006, the Board of Directors of Aspen Exploration Corporation (the "Company" or
"we"), informed  Gordon, Hughes, & Banks, LLP ("Gordon Hughes")
that is has dismissed Gordon Hughes as the Company's independent  registered public
accounting firm effective immediately.
On
February 21, 2006, the Company's Board of Directors informed Hein & Associates
LLP, certified public accountants,  that such firm was appointed as the Company's
independent registered accounting firm effective immediately.
Gordon
Hughes' principal accountant report on the financial statements for either of the
past two years did not  contain an adverse opinion or disclaimer of opinion, or was
modified as to uncertainty, audit scope, or accounting principles.
There
were no disagreements with Gordon Hughes on any matter of accounting principles,
practices, financial statement  disclosure, or auditing scope or procedure.
The
Company has provided Gordon Hughes with a copy of these disclosures and has requested
Gordon Hughes to furnish to the  Company with a letter addressed to the Securities and
Exchange Commission stating whether Gordon Hughes agrees with the  statements by the
Company in this report. Gordon Hughes letter is attached as Exhibit 16.1.
ITEM 9.01.     
Financial Statements and Exhibits
(c)
Exhibits.
16.1
Letter
of Gordon Hughes & Banks, LLP, dated February 21, 2006 regarding the change in
certifying accountant.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized, on the 21st day of February 2006.
Aspen Exploration Corporation
By:
/s/ Robert A. Cohan
Robert A. Cohan, President