UNITED STATES
                       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)

                                December 5, 2007
         --------------------------------------------------------------

                               Exterra Energy Inc.
         --------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)

         Nevada                       000-52319                  20-5086877
--------------------------------------------------------------------------------
(State or other jurisdiction      (Commission File No.)        (IRS Employer
of incorporation)                                            Identification No.)


                7804 Bronco Lane, Suite 100, Lago Vista, TX 78645
 ------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  512-267-6005
 ------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)


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))




<PAGE>



                    INFORMATION TO BE INCLUDED IN THE REPORT


Item 5.02       Departure of Directors or Principal Officers;
                Election of Directors; Appointment of Principal Officers.

         Effective December 1, 2007, Randall K. Boatright, age 58, was appointed
as Executive Vice President, Chief Financial Officer, and to the Board of
Directors. Most recently Mr. Boatright served as Interim President and Chief
Executive Officer, Chief Financial Officer and Director of Dexterity Surgical,
Inc. He has extensive experience in the energy business as he was formerly
Executive Vice President, Chief Financial Office and Director of Abraxas
Petroleum Corporation (AMEX:ABP) and Controller of a large private independent
oil & gas company. Prior to that, Mr. Boatright practiced accounting with the
firm of Coopers & Lybrand LLP. He is a Certified Public Accountant and a
graduate of the College of William & Mary in Virginia.


                                    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.


                                                EXTERRA ENERGY INC.


                                                 /s/ Gordon C. McDougall
                                                     ---------------------------
                                                     GORDON C. MCDOUGALL
                                                     President

                                                     Dated: December 5, 2007
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{"company-data": {"conformed-name": "Exterra Energy Inc.", "cik": "0001367387", "assigned-sic": "1311", "irs-number": "205086877", "state-of-incorporation": "NV", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-52319", "film-number": "071287577"}, "business-address": {"street1": "7804 BRONCO LANE", "street2": "SUITE 100", "city": "LAGO VISTA", "state": "TX", "zip": "78645", "phone": "512-267-6005"}, "mail-address": {"street1": "7804 BRONCO LANE", "street2": "SUITE 100", "city": "LAGO VISTA", "state": "TX", "zip": "78645"}, "former-company": {"former-conformed-name": "Green Gold Inc.", "date-changed": "20060623"}}
UNITED STATES
                       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)

                                December 5, 2007
         --------------------------------------------------------------

                               Exterra Energy Inc.
         --------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)

         Nevada                       000-52319                  20-5086877
--------------------------------------------------------------------------------
(State or other jurisdiction      (Commission File No.)        (IRS Employer
of incorporation)                                            Identification No.)

                7804 Bronco Lane, Suite 100, Lago Vista, TX 78645
 ------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  512-267-6005
 ------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

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))
INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.02       Departure of Directors or Principal Officers;
                Election of Directors; Appointment of Principal Officers.

         Effective December 1, 2007, Randall K. Boatright, age 58, was appointed
as Executive Vice President, Chief Financial Officer, and to the Board of
Directors. Most recently Mr. Boatright served as Interim President and Chief
Executive Officer, Chief Financial Officer and Director of Dexterity Surgical,
Inc. He has extensive experience in the energy business as he was formerly
Executive Vice President, Chief Financial Office and Director of Abraxas
Petroleum Corporation (AMEX:ABP) and Controller of a large private independent
oil & gas company. Prior to that, Mr. Boatright practiced accounting with the
firm of Coopers & Lybrand LLP. He is a Certified Public Accountant and a
graduate of the College of William & Mary in Virginia.

                                    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.

                                                EXTERRA ENERGY INC.

                                                 /s/ Gordon C. McDougall
                                                     ---------------------------
                                                     GORDON C. MCDOUGALL
                                                     President

                                                     Dated: December 5, 2007