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~~ ~~19,~~January ~~2007~~11,2008

Apollo Resources International, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware ~~(State or Other Jurisdiction of Incorporation)~~

000-25873 (Commission File Number)		84-1431425 (I.R.S. Employer Identification No.)
3001 Knox Street, Suite 403 Dallas, Texas (Address of Principal Executive Offices)		75205 (Zip Code)

(State or Other Jurisdiction of Incorporation)

(214) 389-9800 (Registrant’s Telephone Number, Including Area Code)

000-25873		84-1431425
(Commission File Number)		(I.R.S. Employer Identification No.)

N/A (Former Name or Former Address, if Changed Since Last Report)

3001 Knox Street, Suite 403 Dallas, Texas		75205
(Address of Principal Executive Offices)		(Zip Code)

(214) 389-9800

(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 1.01~~o ~~Entry~~Soliciting ~~into~~material apursuant ~~Material~~to ~~Definitive~~Rule ~~Agreement~~ 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~Apollo~~o ~~Resources,~~Pre-commencement ~~Inc.~~communications ~~(the~~pursuant ~~“Company”) has entered into a Purchase and Sale Agreement (“Agreement”) dated June 19, 2007~~ to ~~sell~~Rule ~~certain oil and gas properties owned by the Company to Imperial Petroleum, Inc.~~ 14d-2(~~“Imperial”~~b). Under the terms of the Agreement, which is attached to this Form 8-K and incorporated by reference, Imperial will pay the Company $2.5 million and 5.0 million shares of Imperial’s restricted common stock and assume up to $3.8 million in scheduled accounts payable and bank debt of the Company. The closing is scheduled for August 1, 2007 and is subject to normal and customary due diligence requirements. The common stock issued under the ~~Agreement~~Exchange toAct ~~the~~(17 ~~Company~~CFR ~~will have registration rights pursuant to a certain Registration Rights Agreement which is also appended hereto as an exhibit and incorporated by this reference~~240. 14d-2(b))

~~The~~o ~~properties~~Pre-commencement ~~comprise~~communications ~~251~~pursuant ~~wells~~to inRule 313e-4(c) ~~states~~under ~~and currently produce approximately 164 Bopd and 386 mcfpd net to~~ the ~~interests~~Exchange toAct be(17 ~~sold~~CFR 240. 13e-4(c))

~~Item 9.01~~Section 8 ~~Financial~~– ~~Statements~~Other ~~and Exhibits~~ Events

~~(d) Exhibits~~Item 8.01 ~~The~~Other ~~following exhibits are being filed herewith:~~ Events

99.1		Purchase and Sale Agreement dated June 19, 2007 and Exhibits A, A-1, B, C and E thereto
99.2		Registration Rights Agreement dated as of August 1, 2007

As of January 11, 2008, Apollo Resources International, Inc. (the “Company”) has not completed its “going private transaction”. The Company continues to work toward completion of its past due filings, and management expects to complete the filings per the following schedule:

FINANCIAL FILING	EXPECTED FILING DATE
10K Annual Report for 2006	March 7, 2008
10Q Quarterly Report for the period ended 3/31/07	March 10, 2008
10Q Quarterly Report for the period ended 6/30/07	March 23, 2008
10Q Quarterly Report for the period ended 9/30/07	April 6, 2008
10K Annual Report for 2007	April 13, 2008

The SEC requires that the Company’s past due filings be current prior to proceeding with the going private transaction. In the meantime, with the change in oil and gas market conditions, i.e., drastically higher domestic crude oil prices, the Company is reviewing its options with regard to maximizing shareholder value and is considering alternative courses of action.

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.

	Apollo Resources International , Inc. (Registrant)
Date: June 25, 2007	By:	/s/ Dennis G McLaughlin, III
		Dennis McLaughlin
		CEO

Apollo Resources International , Inc. (Registrant)

Date: January 11, 2008 By: /s/ Dennis G McLaughlin, III

Dennis McLaughlin

CEO

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