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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>UNITED
      STATES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C. 20549 </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>_____________________</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 16pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>_____________________</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
      REPORT </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to Section 13 or 15(d) </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
      the
      Securities Exchange Act of 1934 </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
      Report (Date of earliest event reported): January 26, 2006 </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>_____________________</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>PLATINUM
      ENERGY RESOURCES, INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      name of registrant as specified in its charter) </font></div>
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    <div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or other jurisdiction</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                incorporation)</font></div>
            </td>
            <td valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>000-51553</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Commission
                File Number)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>14-1928384</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                No.)</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>3
      Paragon Drive</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Montvale,
      New Jersey 07645 </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
      of principal executive offices and zip code) </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Registrant&#8217;s
      telephone number, including area code: (845) 323-0434</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>_____________________</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Check
      the
      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): </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[&#215;]</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[
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      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[
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      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Merger
      Agreement </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      January 26, 2006, Platinum Energy Resources, Inc., a Delaware corporation
      (&#8220;Platinum Energy&#8221;), and its wholly-owned subsidiary, PER Acquisition Corp., a
      Delaware corporation (&#8220;Acquisition Sub&#8221;), entered into a definitive Agreement
      and Plan of Merger (the &#8220;Merger Agreement&#8221;) with Tandem Energy Holdings Inc., a
      Nevada corporation (&#8220;Tandem&#8221;), pursuant to which, subject to satisfaction of the
      conditions contained in the Merger Agreement, Acquisition Sub will merge with
      and into Tandem (the &#8220;Merger&#8221;). At the effective time of the Merger (the
&#8220;Effective Time&#8221;), Tandem will be the surviving corporation and will become a
      wholly-owned subsidiary of Platinum. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">At
      the
      Effective Time and as a result of the Merger, holders of the outstanding Tandem
      common stock are to receive $2.53 per share. However, certain directors and
      officers of Tandem, who in the aggregate own approximately 85% of the
      outstanding Tandem common stock have waived their right to receive $0.40 of
      such
      consideration and have elected to receive only $2.13 per share. The waived
      amounts will be added to the amounts to be received by shareholders who
      purchased their shares directly from Tandem or in the open market. Accordingly,
      such shareholders will receive an aggregate of $4.50 per share. Approximately
      $42 million of the $102 million purchase price will be used to retire Tandem&#8217;s
      long-term indebtedness.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Platinum
      Energy provided to Tandem a performance deposit of $500,000 which will be
      applied toward the payment of the purchase price upon closing. The performance
      deposit would be forfeited in the event the Merger Agreement is terminated
      for
      any reason other than a material breach of the terms of the Merger Agreement
      by
      Tandem. Under the terms of the Merger Agreement, Platinum Energy will be
      guaranteed $5 million in working capital but will be responsible for capital
      expenditures as of January 1, 2006 up to an average of $700,000 per
      month.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      closing of the Merger is subject to various closing conditions, including the
      filing of a proxy statement with the U.S. Securities and Exchange Commission,
      approval of the Merger Agreement by the shareholders of Platinum Energy and
      Tandem and the satisfaction or waiver of other customary conditions. In
      addition, the closing is conditioned on holders of not more than twenty percent
      (20%) of the shares of Platinum Energy common stock voting against the Merger
      and electing to convert their shares of Platinum Energy common stock into cash,
      as permitted by the Platinum Energy certificate of incorporation. The Platinum
      Energy initial shareholders, officers and directors, who hold approximately
      20%
      of Platinum Energy&#8217;s voting stock, have agreed to vote their shares on the
      Merger in accordance with the vote of the majority of the non-affiliated
      Platinum Energy shareholders. Certain officers and directors of Tandem, holding
      approximately 75% of the outstanding shares of Tandem common stock have agreed
      to vote in favor of the Merger. Accordingly, Tandem shareholder approval is
      assured. If approved by Platinum Energy shareholders, the transaction is
      expected to close in the second quarter of 2006.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Platinum
      Energy and Tandem have made customary representations and warranties and
      covenants in the Merger Agreement. In addition, Tandem has agreed not to solicit
      proposals related to alternative business combination transactions or enter
      into
      discussions concerning or provide information in connection with alternative
      business combination transactions. Platinum Energy has agreed not to enter
      into
      any agreement to acquire any oil and gas interest that would require a closing
      prior to the closing of the Merger.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Merger Agreement contains certain termination rights for both Platinum Energy
      and Tandem, including, subject to certain limited exceptions, the ability for
      Platinum to terminate the Merger Agreement prior to closing in the event it
      is
      not satisfied or believes in its sole judgment that it will not be satisfied
      with the results of its due diligence investigation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      foregoing description of the Merger and the Merger Agreement does not purport
      to
      be complete and is qualified in its entirety by reference to the Merger
      Agreement, which is filed as Exhibit 2.1 hereto, and is incorporated into this
      report by reference. The Merger Agreement has been included to provide investors
      and shareholders with information regarding its terms. It is not intended to
      provide any other factual information about Platinum Energy or Tandem. The
      Merger Agreement contains representations and warranties that the parties to
      the
      Merger Agreement made to and solely for the benefit of each other, and the
      assertions embodied in such representations and warranties are qualified by
      information contained in confidential disclosure schedules that the parties
      exchanged in connection with signing the Merger Agreement. Accordingly,
      investors and shareholders should not rely on such representations and
      warranties as characterizations of the actual state of facts or circumstances,
      since they were only made as of the date of their Merger Agreement and are
      modified in important part by the underlying disclosure schedules. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      connection with the Merger Agreement, Platinum Energy entered into a Letter
      Agreement with Lance Duncan (&#8220;Duncan&#8221;) pursuant to which Platinum Energy agreed
      to pay Duncan at the Effective Time a broker's fee of $3 million. Pursuant
      to
      the Letter Agreement, Platinum Energy also agreed to pay Duncan restricted
      shares of its common stock valued at $5 million over 18 months following the
      Effective Time for continued consulting services.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      January 26, 2006, Platinum Energy issued a press release announcing that it
      has
      entered into the Merger Agreement with Tandem. A copy of the press release
      is
      attached as Exhibit 99.1. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Additional
      Information</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Forward-Looking
      Statements</u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Platinum
      Energy claims the protection of the safe harbor for &#8220;forward-looking statements&#8221;
within the meaning of the Private Securities Litigation Reform Act of 1995.
      Forward-looking statements are statements that are not historical facts. Such
      forward-looking statements, based upon the current beliefs and expectations
      of
      Platinum Energy&#8217;s and Tandem's management, are subject to risks and
      uncertainties, which could cause actual results to differ from the
      forward-looking statements. The following factors, among others, could cause
      actual results to differ from those set forth in the forward-looking statements:
      business conditions in the U.S. and abroad; </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">changing
      interpretations of generally accepted accounting principles; outcomes of
      government reviews; inquiries and investigations and related litigation;
      continued compliance with government regulations; legislation or regulatory
      environments, requirements or changes adversely affecting the businesses in
      which Tandem is engaged; fluctuations in oil and gas prices and in customer
      demand; management of rapid growth; intensity of competition; general economic
      conditions; as well as other relevant risks detailed in Platinum Energy&#8217;s
      filings with the Securities and Exchange Commission, including its report on
      Form 10-Q for the period ended September 30, 2005. The information set forth
      herein should be read in light of such risks. Neither Platinum Energy nor Tandem
      assumes any obligation to update the information contained in this press
      release. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Platinum
      Energy shareholders are urged to read the proxy statement regarding the proposed
      transaction when it becomes available because it will contain important
      information. Copies of filings by Platinum Energy, which will contain
      information about Platinum Energy and Tandem, will be available without charge,
      when filed, at the Securities and Exchange Commission's internet site
      (</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>http://www.sec.gov</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">),
      and,
      when filed, will be available from Platinum Energy, without charge, by directing
      a request to Platinum Energy Resources, 3 Paragon Drive, Montvale, NJ 07654.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      respective directors and executive officers of Platinum Energy and other persons
      may be deemed to be participants in the solicitation of proxies in respect
      of
      the proposed merger. Information regarding Platinum Energy's directors and
      executive officers is available in its Prospectus dated October 24, 2005 filed
      with the Securities and Exchange Commission on October 26, 2005. Other
      information regarding the participants in the proxy solicitation and a
      description of their direct and indirect interests, by security holdings or
      otherwise, will be contained in the proxy statement and other relevant materials
      to be filed with the Securities and Exchange Commission when they become
      available.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      9.01 FINANCIAL STATEMENTS AND EXHIBITS</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibits</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Agreement
      and Plan of Merger dated as of January 26, 2006, among Platinum Energy
      Resources, Inc., Tandem Energy Holdings Inc. and PER Acquisition
      Corp.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Letter
      Agreement, dated as of January 26, 2006, between Platinum Energy Resources,
      Inc.
      and Lance Duncan.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 72pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">99.1
      Press Release dated January 26, 2006.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PLATINUM
      ENERGY RESOURCES, INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dated:
      January 31, 2006 </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>/s/
      Barry Kostiner </u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Barry
      Kostiner</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
      Executive Officer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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{"company-data": {"conformed-name": "PLATINUM ENERGY RESOURCES INC", "cik": "0001329605", "assigned-sic": "6770", "irs-number": "141928384", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51553", "film-number": "06567281"}, "business-address": {"street1": "3 PARAGON DRIVE", "city": "MONTVALE", "state": "NJ", "zip": "07645", "phone": "845-323-0434"}, "mail-address": {"street1": "3 PARAGON DRIVE", "city": "MONTVALE", "state": "NJ", "zip": "07645"}}
Unassociated 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 (Date of earliest event reported): January 26, 2006
_____________________
PLATINUM
      ENERGY RESOURCES, INC.
(Exact
      name of registrant as specified in its charter)
Delaware
(State
                or other jurisdiction
of
                incorporation)
000-51553
(Commission
                File Number)
14-1928384
(IRS
                Employer
Identification
                No.)
3
      Paragon Drive
Montvale,
      New Jersey 07645
(Address
      of principal executive offices and zip code)
Registrant's
      telephone number, including area code: (845) 323-0434
_____________________
Check
      the
      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-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))
ITEM
      1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Merger
      Agreement
On
      January 26, 2006, Platinum Energy Resources, Inc., a Delaware corporation
      ("Platinum Energy"), and its wholly-owned subsidiary, PER Acquisition Corp., a
      Delaware corporation ("Acquisition Sub"), entered into a definitive Agreement
      and Plan of Merger (the "Merger Agreement") with Tandem Energy Holdings Inc., a
      Nevada corporation ("Tandem"), pursuant to which, subject to satisfaction of the
      conditions contained in the Merger Agreement, Acquisition Sub will merge with
      and into Tandem (the "Merger"). At the effective time of the Merger (the
"Effective Time"), Tandem will be the surviving corporation and will become a
      wholly-owned subsidiary of Platinum.
At
      the
      Effective Time and as a result of the Merger, holders of the outstanding Tandem
      common stock are to receive $2.53 per share. However, certain directors and
      officers of Tandem, who in the aggregate own approximately 85% of the
      outstanding Tandem common stock have waived their right to receive $0.40 of
      such
      consideration and have elected to receive only $2.13 per share. The waived
      amounts will be added to the amounts to be received by shareholders who
      purchased their shares directly from Tandem or in the open market. Accordingly,
      such shareholders will receive an aggregate of $4.50 per share. Approximately
      $42 million of the $102 million purchase price will be used to retire Tandem's
      long-term indebtedness.
Platinum
      Energy provided to Tandem a performance deposit of $500,000 which will be
      applied toward the payment of the purchase price upon closing. The performance
      deposit would be forfeited in the event the Merger Agreement is terminated
      for
      any reason other than a material breach of the terms of the Merger Agreement
      by
      Tandem. Under the terms of the Merger Agreement, Platinum Energy will be
      guaranteed $5 million in working capital but will be responsible for capital
      expenditures as of January 1, 2006 up to an average of $700,000 per
      month.
The
      closing of the Merger is subject to various closing conditions, including the
      filing of a proxy statement with the U.S. Securities and Exchange Commission,
      approval of the Merger Agreement by the shareholders of Platinum Energy and
      Tandem and the satisfaction or waiver of other customary conditions. In
      addition, the closing is conditioned on holders of not more than twenty percent
      (20%) of the shares of Platinum Energy common stock voting against the Merger
      and electing to convert their shares of Platinum Energy common stock into cash,
      as permitted by the Platinum Energy certificate of incorporation. The Platinum
      Energy initial shareholders, officers and directors, who hold approximately
      20%
      of Platinum Energy's voting stock, have agreed to vote their shares on the
      Merger in accordance with the vote of the majority of the non-affiliated
      Platinum Energy shareholders. Certain officers and directors of Tandem, holding
      approximately 75% of the outstanding shares of Tandem common stock have agreed
      to vote in favor of the Merger. Accordingly, Tandem shareholder approval is
      assured. If approved by Platinum Energy shareholders, the transaction is
      expected to close in the second quarter of 2006.
Platinum
      Energy and Tandem have made customary representations and warranties and
      covenants in the Merger Agreement. In addition, Tandem has agreed not to solicit
      proposals related to alternative business combination transactions or enter
      into
      discussions concerning or provide information in connection with alternative
      business combination transactions. Platinum Energy has agreed not to enter
      into
      any agreement to acquire any oil and gas interest that would require a closing
      prior to the closing of the Merger.
The
      Merger Agreement contains certain termination rights for both Platinum Energy
      and Tandem, including, subject to certain limited exceptions, the ability for
      Platinum to terminate the Merger Agreement prior to closing in the event it
      is
      not satisfied or believes in its sole judgment that it will not be satisfied
      with the results of its due diligence investigation.
The
      foregoing description of the Merger and the Merger Agreement does not purport
      to
      be complete and is qualified in its entirety by reference to the Merger
      Agreement, which is filed as Exhibit 2.1 hereto, and is incorporated into this
      report by reference. The Merger Agreement has been included to provide investors
      and shareholders with information regarding its terms. It is not intended to
      provide any other factual information about Platinum Energy or Tandem. The
      Merger Agreement contains representations and warranties that the parties to
      the
      Merger Agreement made to and solely for the benefit of each other, and the
      assertions embodied in such representations and warranties are qualified by
      information contained in confidential disclosure schedules that the parties
      exchanged in connection with signing the Merger Agreement. Accordingly,
      investors and shareholders should not rely on such representations and
      warranties as characterizations of the actual state of facts or circumstances,
      since they were only made as of the date of their Merger Agreement and are
      modified in important part by the underlying disclosure schedules.
In
      connection with the Merger Agreement, Platinum Energy entered into a Letter
      Agreement with Lance Duncan ("Duncan") pursuant to which Platinum Energy agreed
      to pay Duncan at the Effective Time a broker's fee of $3 million. Pursuant
      to
      the Letter Agreement, Platinum Energy also agreed to pay Duncan restricted
      shares of its common stock valued at $5 million over 18 months following the
      Effective Time for continued consulting services.
On
      January 26, 2006, Platinum Energy issued a press release announcing that it
      has
      entered into the Merger Agreement with Tandem. A copy of the press release
      is
      attached as Exhibit 99.1.
Additional
      Information
Forward-Looking
      Statements
Platinum
      Energy claims the protection of the safe harbor for "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
      Forward-looking statements are statements that are not historical facts. Such
      forward-looking statements, based upon the current beliefs and expectations
      of
      Platinum Energy's and Tandem's management, are subject to risks and
      uncertainties, which could cause actual results to differ from the
      forward-looking statements. The following factors, among others, could cause
      actual results to differ from those set forth in the forward-looking statements:
      business conditions in the U.S. and abroad;
changing
      interpretations of generally accepted accounting principles; outcomes of
      government reviews; inquiries and investigations and related litigation;
      continued compliance with government regulations; legislation or regulatory
      environments, requirements or changes adversely affecting the businesses in
      which Tandem is engaged; fluctuations in oil and gas prices and in customer
      demand; management of rapid growth; intensity of competition; general economic
      conditions; as well as other relevant risks detailed in Platinum Energy's
      filings with the Securities and Exchange Commission, including its report on
      Form 10-Q for the period ended September 30, 2005. The information set forth
      herein should be read in light of such risks. Neither Platinum Energy nor Tandem
      assumes any obligation to update the information contained in this press
      release.
Platinum
      Energy shareholders are urged to read the proxy statement regarding the proposed
      transaction when it becomes available because it will contain important
      information. Copies of filings by Platinum Energy, which will contain
      information about Platinum Energy and Tandem, will be available without charge,
      when filed, at the Securities and Exchange Commission's internet site
      (
http://www.sec.gov
),
      and,
      when filed, will be available from Platinum Energy, without charge, by directing
      a request to Platinum Energy Resources, 3 Paragon Drive, Montvale, NJ 07654.
The
      respective directors and executive officers of Platinum Energy and other persons
      may be deemed to be participants in the solicitation of proxies in respect
      of
      the proposed merger. Information regarding Platinum Energy's directors and
      executive officers is available in its Prospectus dated October 24, 2005 filed
      with the Securities and Exchange Commission on October 26, 2005. Other
      information regarding the participants in the proxy solicitation and a
      description of their direct and indirect interests, by security holdings or
      otherwise, will be contained in the proxy statement and other relevant materials
      to be filed with the Securities and Exchange Commission when they become
      available.
ITEM
      9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c)
Exhibits
2.1
Agreement
      and Plan of Merger dated as of January 26, 2006, among Platinum Energy
      Resources, Inc., Tandem Energy Holdings Inc. and PER Acquisition
      Corp.
10.1
Letter
      Agreement, dated as of January 26, 2006, between Platinum Energy Resources,
      Inc.
      and Lance Duncan.
99.1
      Press Release dated January 26, 2006.
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.
PLATINUM
      ENERGY RESOURCES, INC.
Dated:
      January 31, 2006
/s/
      Barry Kostiner
Barry
      Kostiner
Chief
      Executive Officer