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    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">U.S.
SECURITIES AND EXCHANGE COMMISSION</font></div>
    <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">WASHINGTON,
D.C. 20549</font></div>
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8-K</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">CURRENT
REPORT</font></div>
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    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></div>
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    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Date of
Report (Date of Earliest Event Reported): November 12, 2009 (November 4,
2009)</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 19pt; FONT-WEIGHT: bold">AZTEC
OIL &amp; GAS, INC.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Exact
Name of Registrant as Specified in Charter)</font></div>
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    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Nevada</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(State or
Other Jurisdiction of </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Incorporation
or Organization)</font></div>
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      File Number)</font></div>
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&amp; Gas, Inc.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">One
Riverway, Suite 1700</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Houston,
Texas 77056</font></div>
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of principal executive offices including zip code)</font></div>
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840-6444</font></div>
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telephone number, including area code)</font></div>
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    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ITEM
8.01 - Other Events</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On
November 4, 2009 Aztec Oil &amp; Gas, Inc. announced a partnershipupdate for its
closed VIII Drilling Program<font style="FONT-WEIGHT: normal"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal">.</font></font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">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.</font></div>
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      </font></td>
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      OIL &amp; GAS, INC.</font></div>
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            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
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            <td valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="16%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
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              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">By:
      <font style="FONT-STYLE: italic; TEXT-DECORATION: underline">//s//
      Franklin C. Fisher,
      Jr.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font></font></div>
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            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td align="left" valign="top" width="16%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Franklin
      C. Fisher, CEO and Chairman</font></div>
            </td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
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    </div>
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    <div><br>&#160;</div>
    <div style="TEXT-ALIGN: center"><br>&#160;<img src="azteclogo.jpg" alt=""></div>
    <div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">Aztec
Announces Partnership Update for Its Closed VIII Drilling Program</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">HOUSTON, November 4, 2009 </font>--
Aztec Oil &amp; Gas, Inc. (Pink Sheets: AZGS &#8211; News) announced today the
progress of two of its partnerships formed under the Aztec VIII Oil &amp; Gas
Drilling Program which is now closed to subscriptions.&#160;&#160;The Aztec
VIII-B Partnership closed June 17, 2009 and the Aztec VIII-C Partnership closed
on August 31, 2009.&#160;&#160;Aztec Energy LLC acts as Managing General Partner
for both partnerships and Aztec Drilling &amp; Operating LLC acts as turnkey
operator.&#160;&#160;Aztec owns a 30% interest in each Partnership.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aztec has
over 100 developmental drilling locations available in the following counties:
McMullen (South Texas), Medina (Southwest Central Texas), Liberty and Ft. Bend
(Upper Gulf Coast Texas), Navarro (East Texas) and Palo Pinto (North Central
Texas).&#160;&#160;Additionally, several geological developments are underway;
however, due to continued, competitive leasing, details of the activities are
not disclosed.&#160;&#160;Three oil wells in McMullen County, in which the
VIII-B and VIII-C Partnerships participate, are already drilled, completed and
being put into production.&#160;&#160;The Ragle #3 well in Palo Pinto County,
Texas has been drilled and completed and is producing from the Ellenberger
formation.&#160;&#160;The Ragle #6 well has just completed drilling through the
Ellenberger formation and is being logged. Both of the Ragle wells have multiple
formations available for completion.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aztec has
15-20 drilling permits in process in the above various counties and expects to
have multiple rigs drilling within the next 1-3 weeks, weather
permitting.&#160;&#160;Revenue to the VIII-B and VIII-C Partnerships is
estimated to begin as early as December, 2009, and increase monthly from that
point forward until production stabilizes.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
primary goal of Aztec&#8217;s drilling programs is area diversification of multi-well
investments in shallow, low risk wells with multi-zone formation
potential.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">About
Aztec Oil &amp; Gas, Inc.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aztec is
an oil and gas exploration, development and production company focusing on Texas
and numerous areas throughout the U.S.&#160;&#160;Its interests are highly
diversified as exemplified by its corporate participation in two Deep Lake wells
in Cameron Parish, Louisiana ranging from 13,600 feet to 14,300 feet in depth
versus its corporate participation in three shallow gas wells in Oklahoma of
which two are conventional wells, and the third is a horizontal, Coal Bed
Methane (CBM) well.&#160;&#160;It&#8217;s sponsored drilling programs focus primarily
on shallow oil wells.&#160;&#160;In 2006 Aztec entered the sponsored drilling
program industry and undertook three small, very limited annual drilling
partnerships in Appalachia.&#160;&#160;Drilling in Appalachia was recommended to
Aztec by several broker dealers and a wholesaler, supposedly, because many
broker dealers were familiar with drilling programs from the
area.&#160;&#160;Aztec intentionally limited its sponsored drilling programs
over the subject three years in order to study and become fully familiar with
the nuances of the sponsored drilling program industry before expanding to the
Company's full capabilities.&#160;&#160;In the summer of 2008, due to what it
felt was a questionable outlook for shallow gas drilling in the Appalachian
region; Aztec decided to discontinue any natural gas drilling in Appalachia and
announced such publicly at several industry conferences.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aztec
focused all drilling in 2009 on Texas and adjoining states.&#160;&#160;In
addition to the initial, three existing small Appalachian drilling partnerships
mentioned above; Aztec recently sponsored and closed its VIII A, B and C
partnerships under its Aztec VIII Oil &amp; Gas Drilling
Program.&#160;&#160;Aztec Energy LLC, a wholly-owned subsidiary of Aztec, acts
as Managing General Partner of all drilling partnerships and another
wholly-owned Aztec subsidiary, Aztec Drilling &amp; Operating, LLC, is the
turnkey drilling contractor and operator.&#160;&#160;Aztec owns a 30% interest
in all of its drilling partnerships.&#160;&#160;In general clarification of its
activities, Aztec sponsors low risk, development drilling programs which include
significant tax benefits, all of which are sold through FINRA member Broker
Dealers and Registered Investment Advisors only to Accredited
Investors.&#160;&#160;Aztec&#8217;s drilling programs focus, primarily, on shallow oil
drilling, are very unique, and also incorporate a sophisticated Exit Strategy
for investors.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">For more
information on Aztec Oil &amp; Gas, Inc. please visit <font style="DISPLAY: inline; TEXT-DECORATION: underline">http://www.AztecOG.com</font>.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Disclaimer</font>: This
release/announcement is neither an offer to sell nor a solicitation of an offer
to buy securities, Units or participations. This release/document contains
certain statements, estimates, and forecasts with respect to future performance
and events. All statements other than statements of historical fact included in
this release/document, the Memorandum, or the Aztec website, including
statements regarding future performance of events, are forward-looking
statements. All such forward-looking statements are based on various underlying
assumptions and expectations and are subject to risks and uncertainties which
could cause actual events to differ materially from those expressed in the
forward-looking statements. As a result, there can be no assurance that the
forward-looking statements included in this release, the Memorandum, or the
Aztec Website will prove to be accurate or correct. In light of these risks,
uncertainties and assumptions, the future performance or events described in the
forward-looking statements in this release/document, the Memorandum, or the
Aztec Website might not occur. Accordingly, investors should not rely upon
forward-looking statements as a prediction of actual results. Also, the price
Aztec Oil &amp; Gas, Inc. and the other parties involved in any properties
receive for the oil and natural gas produced on their properties may be less
than quoted NYMEX prices at any given time. Aztec does not undertake any
obligation to update any forward-looking statements, whether as a result of new
information, future events, subsequent circumstances or otherwise.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Contact:</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Phoenix
IR Associates</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Investor
Relations</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Tony
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form8k.htm
U.S.
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): November 12, 2009 (November 4,
2009)
AZTEC
OIL & GAS, INC.
(Exact
Name of Registrant as Specified in Charter)
Nevada
(State or
Other Jurisdiction of
Incorporation
or Organization)
000-32015
87-0439834
(Commission
      File Number)
(I.R.S.
      Employer Identification No.)
Aztec Oil
& Gas, Inc.
One
Riverway, Suite 1700
Houston,
Texas 77056
(Address
of principal executive offices including zip code)
(713)
840-6444
(Registrant's
telephone number, including area code)
ITEM
8.01 - Other Events
On
November 4, 2009 Aztec Oil & Gas, Inc. announced a partnershipupdate for its
closed VIII Drilling Program
.
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.
AZTEC
      OIL & GAS, INC.
By:
//s//
      Franklin C. Fisher,
      Jr.
Franklin
      C. Fisher, CEO and Chairman
Aztec
Announces Partnership Update for Its Closed VIII Drilling Program
HOUSTON, November 4, 2009
--
Aztec Oil & Gas, Inc. (Pink Sheets: AZGS – News) announced today the
progress of two of its partnerships formed under the Aztec VIII Oil & Gas
Drilling Program which is now closed to subscriptions.  The Aztec
VIII-B Partnership closed June 17, 2009 and the Aztec VIII-C Partnership closed
on August 31, 2009.  Aztec Energy LLC acts as Managing General Partner
for both partnerships and Aztec Drilling & Operating LLC acts as turnkey
operator.  Aztec owns a 30% interest in each Partnership.
Aztec has
over 100 developmental drilling locations available in the following counties:
McMullen (South Texas), Medina (Southwest Central Texas), Liberty and Ft. Bend
(Upper Gulf Coast Texas), Navarro (East Texas) and Palo Pinto (North Central
Texas).  Additionally, several geological developments are underway;
however, due to continued, competitive leasing, details of the activities are
not disclosed.  Three oil wells in McMullen County, in which the
VIII-B and VIII-C Partnerships participate, are already drilled, completed and
being put into production.  The Ragle #3 well in Palo Pinto County,
Texas has been drilled and completed and is producing from the Ellenberger
formation.  The Ragle #6 well has just completed drilling through the
Ellenberger formation and is being logged. Both of the Ragle wells have multiple
formations available for completion.
Aztec has
15-20 drilling permits in process in the above various counties and expects to
have multiple rigs drilling within the next 1-3 weeks, weather
permitting.  Revenue to the VIII-B and VIII-C Partnerships is
estimated to begin as early as December, 2009, and increase monthly from that
point forward until production stabilizes.
The
primary goal of Aztec's drilling programs is area diversification of multi-well
investments in shallow, low risk wells with multi-zone formation
potential.
About
Aztec Oil & Gas, Inc.
Aztec is
an oil and gas exploration, development and production company focusing on Texas
and numerous areas throughout the U.S.  Its interests are highly
diversified as exemplified by its corporate participation in two Deep Lake wells
in Cameron Parish, Louisiana ranging from 13,600 feet to 14,300 feet in depth
versus its corporate participation in three shallow gas wells in Oklahoma of
which two are conventional wells, and the third is a horizontal, Coal Bed
Methane (CBM) well.  It's sponsored drilling programs focus primarily
on shallow oil wells.  In 2006 Aztec entered the sponsored drilling
program industry and undertook three small, very limited annual drilling
partnerships in Appalachia.  Drilling in Appalachia was recommended to
Aztec by several broker dealers and a wholesaler, supposedly, because many
broker dealers were familiar with drilling programs from the
area.  Aztec intentionally limited its sponsored drilling programs
over the subject three years in order to study and become fully familiar with
the nuances of the sponsored drilling program industry before expanding to the
Company's full capabilities.  In the summer of 2008, due to what it
felt was a questionable outlook for shallow gas drilling in the Appalachian
region; Aztec decided to discontinue any natural gas drilling in Appalachia and
announced such publicly at several industry conferences.
Aztec
focused all drilling in 2009 on Texas and adjoining states.  In
addition to the initial, three existing small Appalachian drilling partnerships
mentioned above; Aztec recently sponsored and closed its VIII A, B and C
partnerships under its Aztec VIII Oil & Gas Drilling
Program.  Aztec Energy LLC, a wholly-owned subsidiary of Aztec, acts
as Managing General Partner of all drilling partnerships and another
wholly-owned Aztec subsidiary, Aztec Drilling & Operating, LLC, is the
turnkey drilling contractor and operator.  Aztec owns a 30% interest
in all of its drilling partnerships.  In general clarification of its
activities, Aztec sponsors low risk, development drilling programs which include
significant tax benefits, all of which are sold through FINRA member Broker
Dealers and Registered Investment Advisors only to Accredited
Investors.  Aztec's drilling programs focus, primarily, on shallow oil
drilling, are very unique, and also incorporate a sophisticated Exit Strategy
for investors.
For more
information on Aztec Oil & Gas, Inc. please visit
http://www.AztecOG.com
.
Disclaimer
: This
release/announcement is neither an offer to sell nor a solicitation of an offer
to buy securities, Units or participations. This release/document contains
certain statements, estimates, and forecasts with respect to future performance
and events. All statements other than statements of historical fact included in
this release/document, the Memorandum, or the Aztec website, including
statements regarding future performance of events, are forward-looking
statements. All such forward-looking statements are based on various underlying
assumptions and expectations and are subject to risks and uncertainties which
could cause actual events to differ materially from those expressed in the
forward-looking statements. As a result, there can be no assurance that the
forward-looking statements included in this release, the Memorandum, or the
Aztec Website will prove to be accurate or correct. In light of these risks,
uncertainties and assumptions, the future performance or events described in the
forward-looking statements in this release/document, the Memorandum, or the
Aztec Website might not occur. Accordingly, investors should not rely upon
forward-looking statements as a prediction of actual results. Also, the price
Aztec Oil & Gas, Inc. and the other parties involved in any properties
receive for the oil and natural gas produced on their properties may be less
than quoted NYMEX prices at any given time. Aztec does not undertake any
obligation to update any forward-looking statements, whether as a result of new
information, future events, subsequent circumstances or otherwise.
Contact:
Phoenix
IR Associates
Investor
Relations
Tony
Drake
(281)
579-1602
Shareholders@AztecOG.com