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) ~~May~~ November 1, ~~2006~~2007

CALIFORNIA OIL & GAS CORPORATION

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

333-50375

(Commission File Number)

98-0389524

(IRS Employer Identification No.)

#~~312~~260, ~~407~~600 – ~~2nd~~6th ~~Street~~Avenue SW, Calgary, AB, T2P ~~2Y3~~0S5

(Address of principal executive offices and Zip Code)

403-261-1965

Registrant's telephone number, including area code

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 53.02. ~~Departure~~Unregistered ofSales ~~Directors or Principal Officers; Election~~ of ~~Directors;~~Equity ~~Appointment of Principal Officers~~Securities

On ~~May~~November 1, ~~2006~~2007, we ~~appointed~~sold ~~Mel~~an ~~Trethart~~aggregate of 315,791 units of our company to four investors in a private placement at a price of US$0.57 per unit for aggregate proceeds of US$180,000.87. Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to purchase one additional common share of our ~~board~~company at a price of US$0.67 per warrant share until the warrants expire on October 31, 2009. One of the investors is a director of our company, a U.S. person and an accredited investor. In closing the sale to this director we relied on the exemption from the registration requirements of the Securities Act of 1933 provided by Section 4(2) of that Act and Rule 506 of Regulation D promulgated thereunder. None of the other three investors is a U.S. person. One of these is a corporation owned by one of our directors, the second of these is the wife of one of our executive officers and the third is a consultant to our company. In closing the private placement with these three investors we relied on the exemption from the registration requirements of the Securities Act of 1933 provided by Regulation S promulgated thereunder.

~~Mr.~~- ~~Trethart~~2 ~~has in excess of 35 years experience in engineering operations and management of domestic and international projects.~~ -

After graduating from the University of Manitoba with a Bachelor of Science degree in Civil Engineering, Mr. Trethart spent 30 years in increasingly responsible engineering and management positions with Amoco Production Company subsidiaries in Canada, Trinidad and the Congo (Brazzaville). His responsibilities included all aspects of drilling, production, engineering and maintenance including heading up Canada’s Heavy Oil Engineering Group, and serving as President and General Manager of Amoco Congo Exploration Company.

~~- 2 -~~SIGNATURES

~~From~~Pursuant ~~1995~~ to ~~1999,~~the herequirements ~~was~~of the ~~in-country~~Securities ~~Operations~~Exchange ~~Manager~~Act ~~for~~of ~~Arakis~~1934, ~~Energy’s~~the ~~subsidiary~~registrant ~~State~~has ~~Petroleum~~duly ~~Corporation~~caused inthis ~~Sudan,~~report ~~during~~to ~~the~~be ~~formative~~signed ~~stage~~on ofits abehalf ~~project~~by ~~now~~the ~~producing~~undersigned ~~350,000~~hereunto ~~barrels~~duly ~~of oil per day~~authorized.

~~Mr.~~CALIFORNIA ~~Trethart~~OIL ~~worked~~& ~~with~~GAS Scimitar Production Egypt Ltd. a subsidiary of Rally Energy Corp. as the in-country General Manager, Egypt Operations from 2002 through 2005. Mel is currently Operations Manager for National Petroleum Company in Cairo, Egypt. CORPORATION

On/s/ ~~May~~John ~~1, 2006, we appointed Norman S. Johnson as our chief financial officer.~~ McLeod

~~Mr.~~John ~~Johnson has over 30 years of energy sector experience and has held senior managerial positions in both financial and administrative roles with publicly traded and privately held corporations.~~ McLeod,

~~Mr.~~President, ~~Johnson~~Secretary, isTreasurer ~~currently the Chief Financial Officer for Highview Resources Ltd. a publicly traded oil~~ and ~~gas company listed on the TSX Venture Exchange. Mr Johnson was formerly an officer of a number of publicly traded companies including Constellation Oil and Gas Company and Arakis Energy Corp.~~ Director

~~Mr.~~Date: ~~Johnson~~November ~~graduated from the Southern Alberta Institute of Technology in 1975 with an Accounting & Business Administration Diploma~~1, Accounting Major. In 1978 Mr. Johnson received his Certified Management Accountant designation (“CMA”). Mr. Johnson is currently a member in good standing of the Certified Management Accountants of Alberta. 2007

~~The news release announcing the appointments of Mr~~ CW1469399. ~~Trethart and Mr. Johnson is attached as Exhibit 99.~~1 ~~to this Form 8-K.~~

Our board of directors currently consists of Messrs. John McLeod, Ernie Pratt and Mel Trethart.

Item 9.01. Financial Statements and Exhibits.

99.1 News Release dated May 4, 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.

CALIFORNIA OIL & GAS CORPORATION

/s/ John McLeod

John McLeod,

President, Secretary, Treasurer and Director

Date: May 4, 2006

Item 9.01.

Financial Statements and Exhibits.

Form of Subscription Agreement (U.S. Subscriber).

Form of Subscription Agreement (Non-U.S. Subscriber).

Form of Warrant Certificate (U.S. Subscriber).

Form of Warrant Certificate (Non-U.S. Subscriber).

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