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<P STYLE="text-align: CENTER">&lt;PAGE&gt; 1                                                                                                                           <BR>
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<STRONG>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</STRONG><BR>
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<P STYLE="text-align: CENTER"><STRONG>Form 8-K</STRONG><BR>
</P>

<P STYLE="text-align: CENTER"><STRONG>Current Report Pursuant to Section</STRONG> <STRONG>13 or 15(d) of<BR>
the Securities Act of 1934</STRONG><BR>
<BR>
Date of Report (date of earliest event reported): <STRONG>October 3, 2000</STRONG><BR>
<BR>
<STRONG>AMG OIL LTD.</STRONG><BR>
(Exact name of registrant as specified in its charter)<BR>
<BR>

<TABLE BORDER="1" WIDTH="100%" CELLPADDING="1" CELLSPACING="1">
<TR><TD><STRONG>Nevada</STRONG></TD>
<TD><STRONG>000-30087</STRONG></TD>
<TD><STRONG>N/A</STRONG></TD></TR>
<TR><TD>(State or other jurisdiction of
incorporation)</TD>
<TD>(Commission File Number)</TD>
<TD>(I.R.S. Employer
Identification No.)</TD></TR></TABLE>
<BR>
<BR>

<P STYLE="text-align: CENTER"><STRONG>Suite 700, 700 - 6th Avenue, SW <BR>
Calgary, AB, T2P-0T8</STRONG><BR>
(Address of Principal Executive Offices, including Zip Code)<BR>
<BR>
<BR>
<STRONG>(403) 531-9718</STRONG><BR>
(Registrant's Telephone Number, including Area Code)<BR>
<BR>
<BR>
<BR>
</P>

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&lt;PAGE&gt; 2<BR>
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<STRONG>Item 5.  Other Events.</STRONG><BR>
<BR>
On October 3, 2000, AMG Oil Ltd. (the "Company") and its joint venture partner, Indo-Pacific
Energy Ltd., received confirmation from the New Zealand Minister of Energy of a change in the
permit conditions attached to PEP 38256 such that the required third year exploration well can now
be spudded prior to October 31, 2000. Previous to the change, the conditions attached to the permit
required the third year exploration well to be spudded prior to August 30, 2000. <BR>
<BR>
As disclosed in the Company's Form 10SB filed on March 24, 2000, the Company has relinquished
back to the government of New Zealand 50% of the PEP 38256 permit area that was considered to
be of lesser prospectivity. After the relinquishment the PEP 38256 permit covers an area of 1.3
million acres which contains all the prospects and exploration leads so far identified by the Company
and its joint venture partner in the permit.  The relinquishment of 50% of the permit area was a
condition of the original permit grant. <BR>
<BR>
<STRONG>Item 7(c). Exhibits. <BR>
<BR>
List of Exhibits<BR>
<BR>
Exhibit No.   Exhibit Description Page No</STRONG>.<BR>
<BR>
99.1     Amended Permit Conditions dated October 3, 2000 <BR>
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<P>&lt;PAGE&gt; 3<BR>
<BR>
<STRONG>SIGNATURES</STRONG><BR>
<BR>
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 hereunto duly authorized.<BR>
<BR>
Date: October 16, 2000<BR>
<BR>
AMG OIL LTD.<BR>
<BR>
<BR>
By:  /s/ Cameron Fink <BR>
Cameron Fink  <BR>
President </P>

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{"company-data": {"conformed-name": "AMG OIL LTD", "cik": "0001109504", "assigned-sic": "1382", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30087", "film-number": "742127"}, "business-address": {"street1": "700 6TH AVENUE SW, SUITE 700", "street2": "CALGARY, ALBERTA, CANADA T2P OT8", "phone": "4035319706"}, "mail-address": {"street1": "700 6TH AVENUE SW, SUITE 700", "street2": "CALGARY, ALBERTA, CANADA T2P 0T8"}}
<PAGE> 1
===============================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section
13 or 15(d) of
the Securities Act of 1934
Date of Report (date of earliest event reported):
October 3, 2000
AMG OIL LTD.
(Exact name of registrant as specified in its charter)
Nevada
000-30087
N/A
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
Suite 700, 700 - 6th Avenue, SW
Calgary, AB, T2P-0T8
(Address of Principal Executive Offices, including Zip Code)
(403) 531-9718
(Registrant's Telephone Number, including Area Code)
===============================================================
<PAGE> 2
Item 5.  Other Events.
On October 3, 2000, AMG Oil Ltd. (the "Company") and its joint venture partner, Indo-Pacific
Energy Ltd., received confirmation from the New Zealand Minister of Energy of a change in the
permit conditions attached to PEP 38256 such that the required third year exploration well can now
be spudded prior to October 31, 2000. Previous to the change, the conditions attached to the permit
required the third year exploration well to be spudded prior to August 30, 2000.
As disclosed in the Company's Form 10SB filed on March 24, 2000, the Company has relinquished
back to the government of New Zealand 50% of the PEP 38256 permit area that was considered to
be of lesser prospectivity. After the relinquishment the PEP 38256 permit covers an area of 1.3
million acres which contains all the prospects and exploration leads so far identified by the Company
and its joint venture partner in the permit.  The relinquishment of 50% of the permit area was a
condition of the original permit grant.
Item 7(c). Exhibits.
List of Exhibits
Exhibit No.   Exhibit Description Page No
.
99.1     Amended Permit Conditions dated October 3, 2000
<PAGE> 3
SIGNATURES
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 hereunto duly authorized.
Date: October 16, 2000
AMG OIL LTD.
By:  /s/ Cameron Fink
Cameron Fink
President