SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

[Missing Graphic Reference]

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): ~~October~~January 179, ~~2011~~2012

[Missing Graphic Reference]

GLEN ROSE PETROLEUM CORPORATION

(Exact name of registrant as specified in Charter)

Delaware		001-10179		87-0372864
(State or other jurisdiction of incorporation or organization)		(Commission File No.)		(IRS Employee Identification No.)

1210 West Clay Road, Suite #5

Houston, TX 77019

(Address of Principal Executive Offices)

(281) 974–1655

(Issuer Telephone number)

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).

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 CFR240.14a-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-(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

~~ITEM 2.02 Results of Operations and Financial Condition.~~1

On Item 5.02. Departure ~~October~~of ~~18,~~Directors ~~2011,~~or ~~the~~Certain ~~Company~~Officers; ~~issued~~Election aof ~~press~~Directors: ~~release~~Appointment ~~discussing the financial condition and operating results~~ of ~~the~~Certain ~~Company~~Officers; ~~for~~Compensatory ~~the~~Arrangements ~~year ended March 31, 2011, a copy~~ of ~~which~~Certain ~~is attached as Exhibit 99~~Officers.1.

~~ITEM~~On 4January 9, 2012, Glen Rose Petroleum Corporation (“the “Company”) announced the appointment to the board of Mikhail Afendikov, Robert L.02M. ~~Non-Reliance~~Hilliard, onMD, ~~Previously~~Misbah ~~Issued~~Al ~~Financial~~Droubi, ~~Statements~~and orCliff aM. ~~Related~~West, ~~Audit~~Jr., ~~Report~~each orto ~~Completed~~serve ~~Interim~~until ~~Review~~the next meeting of the shareholders of the Company.

OnMikhail ~~October 17~~Afendikov, ~~2011~~47, ~~the~~has ~~management~~been ~~of Glen Rose Petroleum Corporation (~~the ~~“Company”),~~CEO inof ~~connection~~Gastek ~~with the audit process for the Fiscal Year ended 2011~~LLC, ~~determined that the accounting treatment for certain financing~~ and ~~equity-based~~oil ~~transactions from the previous year (the 2010 Fiscal Year)~~ and ~~the~~gas ~~resulting~~exploration ~~non-cash~~company ~~charges of changes~~ in ~~fair~~the ~~value~~Ukraine, ~~associated~~since ~~with~~2005 ~~warrant~~ and ~~derivative liabilities needed to be restated. As a consequence~~, ~~both~~since ~~the financial statements for the fiscal year ended March 31~~2005, ~~2011~~has ~~and~~served ~~restated~~as ~~financial statements for~~ the ~~fiscal~~CEO ~~year~~of ~~ended~~Clarkson ~~March~~Investments 31LLC, ~~2010,~~a ~~included~~private inequity ~~the~~company. Since ~~Company’s Annual Report on Form 10-K for the year ended March 31~~1994, ~~2011,~~Mr. ~~filed~~Afendikov ~~with~~has ~~the~~been ~~SEC~~a ondirector ~~October 18, 2011 have included these non-cash charges relating to the changes in the fair value~~ of ~~the~~V.E.M.A. ~~warrant~~Shippin ~~and~~Co. ~~derivative liabilities~~Ltd. Mr. ~~Accordingly,~~Afendikov ~~the~~received ~~unaudited~~a ~~financial~~medical ~~statements~~degree offrom ~~the~~Donetsk ~~Company~~State ~~for~~Medical ~~the~~University ~~quarterly~~in ~~periods~~Ukraine ~~ended~~in ~~June~~1987 ~~30, 2010, September 30, 2010~~ and ~~December~~a ~~31,~~doctorate ~~2010,~~degree ~~included~~ in ~~the~~business ~~Company’s~~administration ~~reports~~from ~~on Form 10~~Kennedy-QWestern ~~filed~~University ~~with SEC on August 23, 2010, November 22, 2010 and February 22, 2011, respectively, should not be relied upon. Amended reports for those three quarterly periods will be filed~~ in ~~the near future reflecting the revised accounting treatment for the Company’s warrant and derivative liabilities for such periods~~1995.

Robert L.M. Hilliard, MD, 46, currently is the Chief Operating Officer for United Healthcare Community Plan of Texas, a subsidiary of UnitedHealth Group (NYSE: UNH), a position he has held since ) October 2011. From June 2009 until September 2011, Dr. Hilliard was Chief Medical Officer for Molina Healthcare of Texas (NYSE: MOH), and from November 2007 until June 2009, Dr. Hilliard was the Regional Medical Director for Western Commercial Markets for Humana (NYSE: HUM). Dr. Hilliard majored in social work from The University of Texas at Austin, a Medical Degree from the University of Texas Health Science Center at San Antonio, and his Masters in Business Administration from the J.L. Kellogg School of Management at Northwestern University.

Misbah Al Droubi, 53, currently is the Chairman of BUIC Capital Management, a private equity company with offices in Spain, advising Middle Eastern and European investors with regard to diverse commercial investments, a position he has held since 2008. From 2005 until 2007, Mr. Al Droubi was the CEO of Hares Group, a private investment company. In 2005 he led the merger of Rudis, an oil exploration company in Ukraine and Cardinal Resouces, a London based oil exploration company, and has continued to be a principal shareholder and director of Cardinal Resources.

Cliff M. West, Jr., 72, was appointed by the Board of Directors to serve as a director and as the Executive Vice President and Chief Operating Officer of the Company. Since 2008, Mr. West has been and independent consultant to several oil and gas explorations companies in Texas, exploration and field operations. From 2004 until 2008, Mr. West was the Executive Vice President and COO of Cardinal Houston Resources, an oil and gas exploration company in Texas. During that period, Mr. West also served as the COO of Taurex Resources, plc and Condor Exploration, Inc., both oil and gas exploration companies in Texas. Mr. West also served as a director of each of those companies. Mr. West a B.A. in Geology in 1961 from the University of Southern Mississippi and his M.S. in Geology from West Virginia University in 1963. Mr. West is a member of the American Association of Petroleum Geologists, the Society of Exploration Geophysicists, and the Houston Geological Society and is a Registered Professional Geoscientist in the State of Texas and an American Certified Petroleum Geologist.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

~~Exhibit No~~None. ~~Description of Exhibit~~

99.1 Press release dated October 18, 2011.

SIGNATURES

Pursuant to the ~~requirement~~requirements of the Securities Exchange Act of 1934, as amended, the ~~Registrant~~registrant has duly caused this ~~report~~Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

	Glen Rose Petroleum Corporation
Date: October 26, 2011	By:	/s/ Andrew Taylor-Kimmins
		Andrew Taylor-Kimmins
		Chief Executive Officer

Dated: January 13, 2012

GLEN ROSE PETROLEUM CORPORATION

/s/ Andrew Taylor-Kimmins

Andrew Taylor-Kimmins, President

Exhibits

99.1 Press release, issued October 18, 2011.

Filing Compare · Glen Rose Petroleum CORP