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<B><FONT SIZE=5><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>
</FONT><FONT SIZE=3><P ALIGN="CENTER">Washington, D. C.  20549</P>
</B></FONT>
<B><FONT SIZE=6><P ALIGN="CENTER">Form 8-K</P>
</FONT><I><FONT SIZE=2><P ALIGN="CENTER">Current Report Pursuant to Section 13 or 15(d) of The Securities Act of 1934</P>
</B></I></FONT>
<P>&nbsp;</P>
<B><FONT SIZE=2><P>Date of Report (date of earliest event reported):  </B></FONT>July 29, 2002</P>

<P>&nbsp;</P>
<B><FONT SIZE=7><P ALIGN="CENTER">Mallon Resources Corporation</P>
</FONT><FONT SIZE=2><P ALIGN="CENTER">(exact name of registrant as specified in its charter)</P>
</B></FONT>
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<TR><TD WIDTH="33%" VALIGN="TOP">
<P>Colorado</TD>
<TD WIDTH="33%" VALIGN="TOP">
<P>0-17267</TD>
<TD WIDTH="33%" VALIGN="TOP">
<P>84-1095959</TD>
</TR>
<TR><TD WIDTH="33%" VALIGN="TOP">
<B><FONT SIZE=2><P>(State or other<BR>
jurisdiction<BR>
of incorporation)</B></FONT></TD>
<TD WIDTH="33%" VALIGN="TOP">
<B><FONT SIZE=2><P>(Commission<BR>
File Number)</B></FONT></TD>
<TD WIDTH="33%" VALIGN="TOP">
<B><FONT SIZE=2><P>(I.R.S. Employer<BR>
Identification No.)</B></FONT></TD>
</TR>
</TABLE>


<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=422>
<TR><TD WIDTH="77%" VALIGN="TOP">
<P>999 18th Street, Suite 1700, Denver, Colorado</TD>
<TD WIDTH="23%" VALIGN="TOP">
<P>80202</TD>
</TR>
<TR><TD WIDTH="77%" VALIGN="TOP">
<B><FONT SIZE=2><P>(address of principal executive offices)</B></FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<B><FONT SIZE=2><P>(zip code)</B></FONT></TD>
</TR>
</TABLE>
</CENTER></P>


<B><FONT SIZE=2><P>Registrant's telephone number, including area code:</B></FONT>  (303) 293-2333</P>

<P ALIGN="CENTER">not applicable</P>
<B><FONT SIZE=2><P ALIGN="CENTER">(former name or former address, if changed since last report)</P>

<P>&lt;PAGE&gt;</P>

<P>&nbsp;</P>
<P>Item 5.  Other Events</P>
</B>
<P>Mallon Resources Corporation (the "Company") issued the following press release, dated July&nbsp;29, 2002, the text of which follows:</P>
<B><P>Denver, Colorado -- Mallon Resources Corporation </B>(Nasdaq:  &quot;MLRC&quot;) today reported that on July 23 it received a Nasdaq Staff Determination indicating that the Company is not in compliance with the minimum net tangible assets requirement for continued listing on the Nasdaq National Market set forth in Marketplace Rule 4450(a)(3), and that its securities are, therefore, subject to delisting.  The Company has requested a hearing before a Nasdaq Listing Qualifications Panel to contest the Staff determination.  There can be no assurance that the Panel will grant the Company's request for continued listing.</P>
<P>Mallon Resources Corporation is a Denver, Colorado, based oil and gas exploration and production company operating primarily in the San Juan Basin of New Mexico.  Mallon's common stock is quoted under the symbol &quot;MLRC.&quot;</P>
<B><P ALIGN="CENTER">Signatures</P>
</B><P>&#9;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.</P>

<B><P>&#9;Mallon Resources Corporation</P>
</B>
<P>&nbsp;</P>
<P>&nbsp;</P></FONT>
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<FONT SIZE=2><P>July 30, 2002</FONT></TD>
<TD WIDTH="53%" VALIGN="TOP">
<FONT SIZE=2><P>__<U>/s/ Roy K. Ross</U>_________________</FONT></TD>
</TR>
<TR><TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="53%" VALIGN="TOP">
<FONT SIZE=2><P>Roy K. Ross, Executive Vice President</FONT></TD>
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Letter to Shareholders Annual Report
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):
July 29, 2002
Mallon Resources Corporation
(exact name of registrant as specified in its charter)
Colorado
0-17267
84-1095959
(State or other
jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
999 18th Street, Suite 1700, Denver, Colorado
80202
(address of principal executive offices)
(zip code)
Registrant's telephone number, including area code:
(303) 293-2333
not applicable
(former name or former address, if changed since last report)
<PAGE>
Item 5.  Other Events
Mallon Resources Corporation (the "Company") issued the following press release, dated July 29, 2002, the text of which follows:
Denver, Colorado -- Mallon Resources Corporation
(Nasdaq:  "MLRC") today reported that on July 23 it received a Nasdaq Staff Determination indicating that the Company is not in compliance with the minimum net tangible assets requirement for continued listing on the Nasdaq National Market set forth in Marketplace Rule 4450(a)(3), and that its securities are, therefore, subject to delisting.  The Company has requested a hearing before a Nasdaq Listing Qualifications Panel to contest the Staff determination.  There can be no assurance that the Panel will grant the Company's request for continued listing.
Mallon Resources Corporation is a Denver, Colorado, based oil and gas exploration and production company operating primarily in the San Juan Basin of New Mexico.  Mallon's common stock is quoted under the symbol "MLRC."
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.
Mallon Resources Corporation
July 30, 2002
__
/s/ Roy K. Ross
_________________
Roy K. Ross, Executive Vice President