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): March 31, 2014

                           VANGUARD ENERGY CORPORATION
                      -------------------------------------
             (Exact name of registrant as specified in its charter)

         Colorado                         None                  27-2888719
 -------------------------         ------------------        ----------------
(State or other jurisdiction      (Commission File No.)     (IRS Employer
 of incorporation)                                           Identification No.)

                         1330 Post Oak Blvd., Suite 1600
                              Houston, Texas 77056
                 ----------------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (713) 627-2500

                                       N/A
               --------------------------------------------------
          (Former name or former address if changed since last report)

Check 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 (see General Instruction A.2. below)

[]  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-14(c) under the
    Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item       2.04. Triggering Events that Accelerate or Increase a Direct
           Financial Obligation or an Obligation under an Off-Balance Sheet
           Arrangement.

     In June,  July and  September  2012 the Company  sold  convertible  secured
promissory notes to a group of private investors.  Notes in the principal amount
of  $5,179,500  were  sold for  cash,  and  notes  in the  principal  amount  of
$3,075,000  were  exchanged  for notes that the Company sold in 2010.  The notes
bear  interest at 15% per year,  payable  quarterly and mature on June 30, 2015.
The  notes  are  convertible  into  shares of the  Company's  common  stock at a
conversion price of $1.25 per share.

     On March 31, 2014 the Company  failed to make its interest  payments on the
notes.  As a result,  the note  holders  are  entitled  to declare  the notes in
default,  in which case the principal amount of the notes,  plus all accrued and
unpaid interest, would be immediately due and payable.

                                       2
<PAGE>

                                   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: April 2, 2014
                                      VANGUARD ENERGY CORPORATION


                                      By: /s/ Warren M. Dillard
                                          ------------------------------------
                                          Warren M. Dillard, President and Chief
                                          Executive Officer
[{"type": "8-K", "sequence": "1", "filename": "form8kitem204april-14.txt", "description": "FORM 8-K ITEM 2.04", "secsgml_size_bytes": 3655}]
{"company-data": {"conformed-name": "Vanguard Energy Corp", "cik": "0001497649", "assigned-sic": "1381", "irs-number": "272888719", "state-of-incorporation": "CO", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-174194", "film-number": "14741871"}, "business-address": {"street1": "1330 POST OAK BLVD.", "street2": "SUITE 1600", "city": "HOUSTON", "state": "TX", "zip": "77056", "phone": "713-627-2500"}, "mail-address": {"street1": "1330 POST OAK BLVD.", "street2": "SUITE 1600", "city": "HOUSTON", "state": "TX", "zip": "77056"}}
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): March 31, 2014

                           VANGUARD ENERGY CORPORATION
                      -------------------------------------
             (Exact name of registrant as specified in its charter)

         Colorado                         None                  27-2888719
 -------------------------         ------------------        ----------------
(State or other jurisdiction      (Commission File No.)     (IRS Employer
 of incorporation)                                           Identification No.)

                         1330 Post Oak Blvd., Suite 1600
                              Houston, Texas 77056
                 ----------------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (713) 627-2500

                                       N/A
               --------------------------------------------------
          (Former name or former address if changed since last report)

Check 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 (see General Instruction A.2. below)

[]  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-14(c) under the
    Exchange Act (17 CFR 240.13e-4(c))
Item       2.04. Triggering Events that Accelerate or Increase a Direct
           Financial Obligation or an Obligation under an Off-Balance Sheet
           Arrangement.

     In June,  July and  September  2012 the Company  sold  convertible  secured
promissory notes to a group of private investors.  Notes in the principal amount
of  $5,179,500  were  sold for  cash,  and  notes  in the  principal  amount  of
$3,075,000  were  exchanged  for notes that the Company sold in 2010.  The notes
bear  interest at 15% per year,  payable  quarterly and mature on June 30, 2015.
The  notes  are  convertible  into  shares of the  Company's  common  stock at a
conversion price of $1.25 per share.

     On March 31, 2014 the Company  failed to make its interest  payments on the
notes.  As a result,  the note  holders  are  entitled  to declare  the notes in
default,  in which case the principal amount of the notes,  plus all accrued and
unpaid interest, would be immediately due and payable.

                                       2
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: April 2, 2014
                                      VANGUARD ENERGY CORPORATION

                                      By: /s/ Warren M. Dillard
                                          ------------------------------------
                                          Warren M. Dillard, President and Chief
                                          Executive Officer