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): October 18, 2006

 

RAM ENERGY RESOURCES, INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

000-50682

 

20-0700684

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

 

5100 E. Skelly Drive, Suite 650, Tulsa, Oklahoma

 

74135

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:

(918) 663-2800

 

______________________________________________________

(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 (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 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))

 

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Item 1.01.   Entry into a Material Definitive Agreement

Amendment of Employment Agreement with Larry E. Lee

 

October 18, 2006, RAM Energy Resources, Inc. (the “Company”) and Larry E. Lee entered into an amendment to Mr. Lee’s employment agreement with the Company to provide for the payment by the Company of the annual premium under a term life insurance policy owned by Mr. Lee, the cost of Mr. Lee’s annual physical examinations, and certain country club dues and expenses. In all other respects, Mr. Lee’s employment agreement remained unchanged.

 

A copy of the amendment is filed as Exhibit 10.1 to this report and is incorporated herein by reference.

 

Item 9.01.  

Financial Statements and Exhibits.

 

 

(a)  

Exhibits

 

Exhibit

Number

 

Description

 

 

10.1*

First Amendment to Employment Agreement of Larry E. Lee

 

*Filed herewith.

 

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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.

 

October 20, 2006

RAM ENERGY RESOURCES, INC.

 

 

By:

/s/Larry E. Lee                              

 

Name:

Larry E. Lee

 

 

Title:

Chief Executive Officer

 

 

 

 

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