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) ~~June~~August 2, 2005

~~TEXEN~~SNRG ~~OIL & GAS, INC.~~CORPORATION

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

000-33193

(Commission File Number)

88-0435904

(IRS Employer Identification No.)

2401 Fountain View Drive, Houston, Texas 77070

(Address of principal executive offices and Zip Code)

(713) 782-5758

Registrant's telephone number, including area code

~~Not~~Texen ~~Applicable~~Oil & Gas, Inc.

(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 15.0103. ~~Entry~~Amendments ~~into~~to aArticles ~~Material~~of ~~Definitive~~Incorporation ~~Agreement.~~or Bylaws; Change in Fiscal Year

On ~~June~~July 222, 2005, the Registrant entered into a letter of intent with Port Assets LLC whereby the Registrant has agreed to enter into a definitive purchase agreement with the owners of the membership interests of Port Assets LLC to purchase the Port Assets Houston Texas gasification plant. The Registrant has agreed to purchase the gasification plant for a purchase price ofwe:

(a) changed our name from "Texen Oil & Gas, Inc." to "SNRG Corporation"; (b) increased the authorized number of shares of our common stock from 100,000,000 shares to 500,000,000 shares, par value of $30.001 per share; and (c) altered our authorized share capital to authorize the issuance of up to 300,000,000 ~~payable~~shares ~~by:~~of preferred stock, par value of $0.001 per share (the "Preferred Shares"), for which the board of

~~(i) $150,000 non~~-~~refundable~~ ~~deposit~~2 ~~on or before June 25, 2005; and~~-

~~(ii)~~directors $2may fix and determine the designations,~~850~~ rights,~~000~~ inpreferences ~~cash~~or onother ~~closing~~variations of each class or series within each class of the ~~transaction~~Preferred Shares;

The name change, increase in the authorized capital and the creation of the Preferred Shares was recorded by the Secretary of State of the State of Nevada on July 22, 2005 The name change took effect with the NASD Inc.’s Over-the-Counter Bulletin Board at the opening for trading on August 2, -2005 under our new stock symbol "SNRG". Our company's new CUSIP number is 78461V 10 9.

~~(b)~~Exhibit a9.01 ~~royalty,~~Financial ~~paid~~Statements ~~quarterly in arrears, in an amount equivalent to 3% of the gross revenue earned during the prior quarter;~~ and Exhibits.

(c) ~~the issuance of warrants to purchase up to 3,000,000 common shares of the Registrant at an exercise price of $1.00 exercisable within 5 years from the date of issuance.~~ Exhibits

~~The~~99.1 Certificate 20of ~~acre~~Amendment ~~facility~~to isArticles ~~located southwest~~ of ~~Houston~~Incorporation ~~and~~filed iswith ~~designed~~the toSecretary ~~recover~~of ~~and~~State ~~convert~~of ~~halogenated hydrocarbon waste from~~ the ~~petro-chemical~~State ~~industry~~of ~~into~~Nevada ~~hydrochloric~~on ~~acid~~July ~~and~~22, ~~synthetic fuel~~2005.

~~Exhibit 9.01 Financial Statements and Exhibits.~~SIGNATURES

~~(c) Exhibits~~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.

~~10.1~~SNRG ~~Agreement dated June 2, 2005 with Port Assets LLC~~CORPORATION

~~SIGNATURES~~By: /s/ D. Elroy Fimrite

~~Pursuant~~D. toElroy ~~the~~Fimrite ~~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.~~

~~TEXEN~~President ~~OIL~~and &Chief ~~GAS,~~Executive ~~INC.~~Officer

ByDate: ~~/s/~~ D.August ~~Elroy~~4, ~~Fimrite~~2005

D. Elroy Fimrite

President and Chief Executive Officer

Date: June 16, 2005

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