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

March 1218, 2009 Date of Report (Date of earliest event reported)

CRUSADER ENERGY GROUP INC.

(Exact name of registrant as specified in its charter)

Nevada	1-32533	88-0349241
(State or other Jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
Incorporation)

4747 Gaillardia Parkway
Oklahoma City, Oklahoma 73142
(Address of principal executive offices, including zip code)

(405) 285-7555
(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address if changed since last report.)

(Former name or former address if changed since last report.)

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~o Soliciting ~~5.02~~material ~~DEPARTURE~~pursuant OFto ~~DIRECTORS~~Rule 14a-12 ORunder ~~CERTAIN~~the ~~OFFICERS;~~Exchange ~~ELECTION~~Act OF(17 ~~DIRECTORS;~~CFR ~~APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENT OF CERTAIN OFFICERS~~240.14a-12)

Ono Pre-commencement ~~March 12,~~communications ~~2009,~~pursuant ~~John~~to ~~G. Heinen, Senior Vice President and Chief Financial Officer of Crusader Energy Group Inc.~~ Rule 14d-2(~~the “Company”~~b), ~~and~~under ~~Paul E. Legg, Senior Vice President and Chief Operating Officer of~~ the ~~Company,~~Exchange ~~each~~Act ~~resigned~~(17 ~~as an officer of the Company, effective as of March~~CFR ~~31, 2009~~240. ~~Messrs. Heinen and Legg, who had each planned to retire during the Company’s 2009 fiscal~~14d-2(b)) ~~year, each voluntarily resigned in connection with the Company’s effort to reduce its workforce in order to reduce general and administrative expenses.~~

Ino Pre-commencement ~~connection~~communications ~~with~~pursuant ~~his~~to ~~resignation, each of Messrs.~~Rule ~~Heinen and Legg~~ 13e-4(~~each, an “Executive”~~c) ~~entered~~ ~~into~~under ~~a severance agreement and waiver and release of claims with~~ the ~~Company~~Exchange onAct ~~March 12, 2009~~ (~~each,~~17 ~~a “Severance Agreement”). Each Severance Agreement provides, among other things, that~~CFR ~~Executive’s employment with the Company shall terminate effective as of March 31, 2009 (the “Effective Date”)~~240. ~~Pursuant to each Severance Agreement, the Company agrees to provide each Executive with:~~ 13e-4(a) a severance payment equal to two months pay in the aggregate amount of $37,500 (the “Severance Payment”); (b) COBRA payments for the Executive and his eligible dependents until the earlier of (i) two months after the Effective Date and (ii) the first date Executive is covered under another employer’s medical insurance program (“COBRA Payments”); and (c) ~~title to the Company’s vehicle that had been provided to Executive during the course of his employment with the Company (the “Company Vehicle”~~)~~. On March 17, 2009, pursuant to each Severance Agreement, the~~ Company paid to each Executive a cash amount equal to his Severance Payment plus the maximum potential amount of his COBRA Payments. In addition, the title to the applicable Company Vehicle was transferred to each Executive pursuant to each Severance Agreement on March 14, 2009. In exchange for the consideration received pursuant to each Severance Agreement, Messrs. Heinen and Legg released the Company from all employment related claims and agreed to be reasonably available to assist the Company during a transition period following the Effective Date.

Item 8.01 OTHER EVENTS

On March 18, 2009, Crusader Energy Group Inc. (the “Company”) issued a press release regarding, among other things, (a) the resignations of John G. Heinen, Senior Vice President and Chief Financial Officer of the Company, and Paul E. Legg, Senior Vice President and Chief Operating Officer of the Company, as officers of the Company, effective as of March 31, 2009, (b) the Company’s election to prepay its current Borrowing Base Deficiency (as defined on page 2 in Item 2.04 of the Company’s Form 8-K filed with the Securities and Exchange Commission on February 27, 2009, which definition is incorporated herein by reference) under the Company’s senior credit facility in six equal monthly installments with the first installment due on March 25, 2009, and (c) the Company’s continued evaluation and assessment of various financial and strategic alternatives. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits


Exhibit Number		Description

Exhibit 99.1		Press Release, dated March 18, 2009

SIGNATURE

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: March 18, 2009	CRUSADER ENERGY GROUP INC.
	CRUSADER ENERGY GROUP INC.
	By:	/s/ David D. Le Norman
Date: March 18, 2009	By:	/s/ David D. Le Norman
	~~Name:~~	Name:	David D. Le Norman
	~~Title:~~	Title:	President and Chief Executive Officer

EXHIBIT INDEX


Exhibit Number		Description

Exhibit 99.1		Press Release, dated March 18, 2009

Filing Compare · Crusader Energy Group Inc.