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<TITLE>Current Report of September 30, 2002</TITLE>
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<P align="center"><FONT size="4">SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549
</FONT>

<P align="center"><FONT size="5"><B>FORM 8-K<BR>
CURRENT REPORT</B>
</FONT>

<P align="center"><FONT size="2">Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934
</FONT>

<P align="center"><FONT size="2">September&nbsp;30, 2002<BR>
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</FONT>

<DIV align="center"><FONT size="2">(Date of earliest event reported)
</FONT></DIV>

<P align="center"><FONT size="6"><B>IVANHOE ENERGY INC.</B><BR>
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</FONT>

<DIV align="center"><FONT size="2">(Exact name of Registrant as specified in its charter)
</FONT></DIV>

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<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="27%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="27%">&nbsp;</TD>
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<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">Yukon, Canada</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
000-30586
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">98-0372413</FONT></TD>
</TR>
<TR>
        <TD colspan="5" valign="top" align="left"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">(State of Incorporation)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
(Commission File No.)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">(IRS Employer<br>
Identification No.)</FONT></TD>
</TR>
</TABLE>
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<P align="center"><FONT size="2">Suite&nbsp;654<BR>
999 Canada Place<BR>
Vancouver, British Columbia V6C 3E1<BR>
<HR size="1" noshade>
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<DIV align="center"><FONT size="2">(Address of principal executive offices, including zip code)
</FONT></DIV>

<P align="center"><FONT size="2">604 688 8323<BR>
<HR size="1" noshade>
</FONT>

<DIV align="center"><FONT size="2">(Registrant&#146;s telephone number, including area code)
</FONT></DIV>

<P align="center"><FONT size="2">Not Applicable<BR>
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</FONT>

<DIV align="center"><FONT size="2">(Former name or former address, if changed since last report)
</FONT></DIV>

<P align="center"><FONT size="2">&nbsp;</FONT>

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<A name="toc"><DIV align="CENTER"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;5. Other Events</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001"> SIGNATURES</A></TD></TR>
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<!-- link2 "Item&nbsp;5. Other Events" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;5. Other Events</B>
</FONT>

<P align="left"><FONT size="2">Sunwing Energy Ltd. (&#147;Sunwing&#148;) a wholly owned subsidiary of Ivanhoe Energy
Inc. (&#147;Ivanhoe&#148;), has entered into an agreement with CITIC Energy Inc.
(&#147;CITIC&#148;) to form a strategic alliance to seek out and develop oil and gas
projects in China and around the world. CITIC Energy is a subsidiary of China
International Trust &#038; Investment Corporation, a major Chinese state-owned
enterprise that holds interests in a wide range of industries including
banking, information technology, investment services, real estate, engineering
services and infrastructure investment.
</FONT>
<P align="left"><FONT size="2">Under the terms of the agreement, CITIC will assist Sunwing in raising its
profile in Asian capital markets and gaining access to future financing
opportunities. CITIC will also support Sunwing in its plan to obtain a listing
for its shares on the Stock Exchange of Hong Kong.
</FONT>
<P align="left"><FONT size="2">Sunwing will, in turn, assist CITIC in identifying and acquiring interests in
international oil and gas development projects and in introducing
gas-to-liquids (GTL)&nbsp;and other advanced energy-sector technologies to China&#146;s
domestic oil and gas industry. Ivanhoe already holds a master license to
Syntroleum Corporation&#146;s proprietary GTL process, but the geographical scope of
Ivanhoe&#146;s license does not currently include China.
</FONT>
<P align="left"><FONT size="2">CITIC has also agreed to assist Sunwing in its efforts to negotiate a
production sharing contract with PetroChina Corporation covering the Yudong
Block in Sichuan Province. Should a production sharing contract for the Yudong
Block be obtained, Sunwing and CITIC will jointly participate in the
development of the project on a 70/30 basis. Within 180&nbsp;days thereafter, either
party can elect to convert CITIC&#146;s 30% participating interest in the project
into a 20% equity interest in Sunwing.
</FONT>
<P align="left"><FONT size="2">CITIC also has the right to appoint a representative to Sunwing&#146;s board of
directors and will be entitled to appoint a second representative if, as and
when it acquires a 20% equity interest in Sunwing.
</FONT>
<!-- link1 " SIGNATURES" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P align="left"><FONT size="2">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>
<P align="left"><FONT size="2"><B>Date: </B>October&nbsp;21, 2002
</FONT>

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        <TD width="49%">&nbsp;</TD>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" valign="top" align="left"><FONT size="2"><B>IVANHOE ENERGY INC.</B></FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
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        <TD align="left" valign="top"><FONT size="2">
/s/
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2"><B><I>Beverly A. Bartlett</I></B></FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">Beverly A. Bartlett<br>
Corporate Secretary</FONT></TD>
</TR>
</TABLE>
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<P align="center"><FONT size="2">&nbsp;</FONT>



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Current Report of September 30, 2002
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
September 30, 2002
(Date of earliest event reported)
IVANHOE ENERGY INC.
(Exact name of Registrant as specified in its charter)
Yukon, Canada
000-30586
98-0372413
(State of Incorporation)
(Commission File No.)
(IRS Employer
Identification No.)
Suite 654
999 Canada Place
Vancouver, British Columbia V6C 3E1
(Address of principal executive offices, including zip code)
604 688 8323
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
TABLE OF CONTENTS
Item 5. Other Events
SIGNATURES
Item 5. Other Events
Sunwing Energy Ltd. ("Sunwing") a wholly owned subsidiary of Ivanhoe Energy
Inc. ("Ivanhoe"), has entered into an agreement with CITIC Energy Inc.
("CITIC") to form a strategic alliance to seek out and develop oil and gas
projects in China and around the world. CITIC Energy is a subsidiary of China
International Trust & Investment Corporation, a major Chinese state-owned
enterprise that holds interests in a wide range of industries including
banking, information technology, investment services, real estate, engineering
services and infrastructure investment.
Under the terms of the agreement, CITIC will assist Sunwing in raising its
profile in Asian capital markets and gaining access to future financing
opportunities. CITIC will also support Sunwing in its plan to obtain a listing
for its shares on the Stock Exchange of Hong Kong.
Sunwing will, in turn, assist CITIC in identifying and acquiring interests in
international oil and gas development projects and in introducing
gas-to-liquids (GTL) and other advanced energy-sector technologies to China's
domestic oil and gas industry. Ivanhoe already holds a master license to
Syntroleum Corporation's proprietary GTL process, but the geographical scope of
Ivanhoe's license does not currently include China.
CITIC has also agreed to assist Sunwing in its efforts to negotiate a
production sharing contract with PetroChina Corporation covering the Yudong
Block in Sichuan Province. Should a production sharing contract for the Yudong
Block be obtained, Sunwing and CITIC will jointly participate in the
development of the project on a 70/30 basis. Within 180 days thereafter, either
party can elect to convert CITIC's 30% participating interest in the project
into a 20% equity interest in Sunwing.
CITIC also has the right to appoint a representative to Sunwing's board of
directors and will be entitled to appoint a second representative if, as and
when it acquires a 20% equity interest in Sunwing.
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 21, 2002
IVANHOE ENERGY INC.
/s/
Beverly A. Bartlett
Beverly A. Bartlett
Corporate Secretary