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~~January 1525, ~~2006~~2007

~~SOM~~CENTURY ~~RESOURCES~~PETROLEUM ~~INC~~CORP.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

333-126490

(Commission File Number)

47-0950123

(IRS Employer Identification No.)

~~1600~~9595 ~~Broadway~~Six Pines Drive, ~~Suite~~Building ~~2400~~8, ~~Denver~~Level 2, ~~CO 80202~~The Woodlands, TX 77380

(Address of principal executive offices and Zip Code)

Registrant's telephone number, including area code (~~303~~832) ~~542~~631-~~1906~~6061

N/A

(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 13.0102 ~~Item~~Unregistered ~~2.01~~Sales ~~Entry Into a Material Definitive Agreement Completion~~ of ~~Acquisition~~Equity ~~or Disposition of Assets.~~Securities

On ~~June~~January 1525, ~~2006~~2007, ~~Som~~we ~~Resources~~gave ~~Inc.~~notice ~~(the~~to ~~“Registrant”)~~E&P ~~acquired~~Investments aGmbH, ~~100%~~for ~~working~~an ~~interest~~advance ~~and~~of ~~75%~~$500,000, ~~net~~pursuant ~~revenue~~to ~~interest~~a inshare ~~certain~~issuance ~~oil~~agreement ~~and~~with ~~gas~~E&P ~~properties~~Investments GmbH, ~~located~~dated inDecember ~~Beauregard Parish~~15, ~~Louisiana~~2006. As consideration for the cash advance, ~~from~~we ~~Site~~issued ~~Drilling~~to ~~Force~~E&P ~~Limited~~Investments ~~(BVI).~~GmbH ~~The~~243,902 ~~purchase~~units at a deemed price ~~was~~of $2~~,000,000~~.05 inper ~~cash~~unit. ~~The~~Each ~~purchase~~unit ~~involved~~consists ~~the acquisition~~ of 32one ~~leases~~common ~~totalling~~share ~~1,224~~and ~~gross~~one ~~acres~~common ~~(1,209~~share ~~net~~purchase ~~acres)~~warrant. The ~~leases~~warrants ~~all~~are ~~have~~exercisable ~~three-year~~into ~~terms,~~one ~~with~~common ~~the~~share ~~expiration~~at ~~dates~~an ~~ranging~~exercise ~~from~~price ~~November~~ of ~~2008~~$3.075 toper ~~March~~share ofuntil ~~2009~~January 25, 2010.

We issued all of the 243,902 common shares to a non U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

~~Item 9.01 Financial Statements and Exhibits~~SIGNATURES

~~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~~CENTURY ~~Asset~~PETROLEUM ~~Purchase Agreement with Site Drilling Force Limited (BVI) dated June 15, 2006~~CORP.

~~SIGNATURES~~/s/ Johannes T. Petersen

~~Pursuant~~Johannes ~~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~~T. Petersen

~~SOM~~Secretary ~~RESOURCES~~and ~~INC.~~Director

~~/s/~~Date: ~~Johannes~~February T.1, ~~Petersen~~ 2007

Johannes T. Petersen

President

Date: June 19, 2006

Filing Compare · Century Petroleum Corp.