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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>WASHINGTON, D.C. 20549</B></FONT></FONT></P>


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<P ALIGN="CENTER">_________________ </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>FORM
8-K</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>CURRENT
REPORT</B></FONT></FONT></P>

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

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<A NAME="A006"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Date
of Report:</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>March
1, 2007</B></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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  size=2></FONT></TH></TR>
  <TR vAlign=bottom>
    <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>
  <TR vAlign=bottom>
    <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>
    <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></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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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B><U><BR>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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<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Telephone number, including Area code <B><U>(303) 639-9860</U></B></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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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B><B>Item 4.01&nbsp;&nbsp;&nbsp;
Changes in Registrant&#146;s Certifying Accountant</B></B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
March 1, 2007, the Board of Directors of Aspen Exploration Corporation (the
&#147;Company&#148; or &#147;we&#148;), informed Hein &amp; Associates LLP,
(&#147;Hein&#148;) that it has dismissed Hein as the Company&#146;s independent
registered public accounting firm effective immediately.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
March 1, 2007, the Board of Directors informed Gordon, Hughes, &amp; Banks, LLP
(&#147;Gordon Hughes&#148;) certified public accountants, that such firm was
appointed as the Company&#146;s independent registered accounting firm effective
immediately. Gordon Hughes has previously served as the Company&#146;s
independent registered public accounting firm.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hein
was retained to serve as the Company&#146;s independent registered public
accounting firm in February 2006 and only provided a report on our financial
statements for our fiscal year ended June 30, 2006. Hein&#146;s principal
accountant report on the financial statements for our fiscal year ended June 30,
2006 did not contain an adverse opinion or disclaimer of opinion, nor was it
modified as to uncertainty, audit scope, or accounting principles.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
were no disagreements with Hein on any matter of accounting principles,
practices, financial statement disclosure, or auditing scope or procedure which
if not resolved to Hein&#146;s satisfaction would have caused Hein to make
reference to the subject matter of the disagreement in connection with its
principal accounting report on the financial statements for our fiscal year
ended June 30, 2006. As discussed in our annual report on Form 10-KSB for the
year ended June 30, 2006, Hein did inform us that they believed there was a
material weakness in our internal controls.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has provided Hein with a copy of these disclosures and has requested
Hein furnish to the Company a letter addressed to the Securities and Exchange
Commission stating whether Hein agrees with the Company&#146;s statements in
this report. Hein&#146;s 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><B>Item 9.01&nbsp;&nbsp;&nbsp;Financial
Statements and Exhibits</B></B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
Exhibits</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">&nbsp; &nbsp; Letter
of Hein &amp; Associates, LLP dated March 2, 2007 regarding the  change in certifying
accountant.</FONT></FONT> </P></TD>
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<BR>

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<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"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 6th day of March 2007.</FONT></FONT></P>

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     <TD WIDTH="50%">&nbsp;</TD>
     <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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     <TD WIDTH="50%">&nbsp;</TD>
     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">By:&nbsp; &nbsp;
/s/  &nbsp;Robert A. Cohan  <BR>Robert A. Cohan, President</FONT></FONT> </P></TD>
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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": "07673963"}, "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
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:
March
1, 2007
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   
Changes in Registrant's Certifying Accountant
On
March 1, 2007, the Board of Directors of Aspen Exploration Corporation (the
"Company" or "we"), informed Hein & Associates LLP,
("Hein") that it has dismissed Hein as the Company's independent
registered public accounting firm effective immediately.
On
March 1, 2007, the Board of Directors informed Gordon, Hughes, & Banks, LLP
("Gordon Hughes") certified public accountants, that such firm was
appointed as the Company's independent registered accounting firm effective
immediately. Gordon Hughes has previously served as the Company's
independent registered public accounting firm.
Hein
was retained to serve as the Company's independent registered public
accounting firm in February 2006 and only provided a report on our financial
statements for our fiscal year ended June 30, 2006. Hein's principal
accountant report on the financial statements for our fiscal year ended June 30,
2006 did not contain an adverse opinion or disclaimer of opinion, nor was it
modified as to uncertainty, audit scope, or accounting principles.
There
were no disagreements with Hein on any matter of accounting principles,
practices, financial statement disclosure, or auditing scope or procedure which
if not resolved to Hein's satisfaction would have caused Hein to make
reference to the subject matter of the disagreement in connection with its
principal accounting report on the financial statements for our fiscal year
ended June 30, 2006. As discussed in our annual report on Form 10-KSB for the
year ended June 30, 2006, Hein did inform us that they believed there was a
material weakness in our internal controls.
The
Company has provided Hein with a copy of these disclosures and has requested
Hein furnish to the Company a letter addressed to the Securities and Exchange
Commission stating whether Hein agrees with the Company's statements in
this report. Hein's letter is attached as Exhibit 16.1.
Item 9.01   Financial
Statements and Exhibits
(c)
Exhibits
16.1
Letter
of Hein & Associates, LLP dated March 2, 2007 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 6th day of March 2007.
Aspen
Exploration Corporation
By:   
/s/   Robert A. Cohan
Robert A. Cohan, President