f8k-031808_phun.htm
 
 
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):  March 18, 2008



PetroHunter Energy Corporation
(Exact name of registrant as specified in its charter)


Maryland
  
000-51152
  
98-0431245
(State or other jurisdiction
of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification No.)


1600 Stout Street, Suite 2000, Denver, CO 80202
 (Address of principal executive offices)      (Zip Code)


Registrant’s telephone number, including area code: (303) 572-8900


1875 Lawrence Street, Suite 1400, Denver, CO          80202
(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):

[  ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

Item 2.03.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On March 18, 2008, the registrant executed an unsecured promissory note for $100,000 in favor of Bruner Family Trust UTD March 28, 2005.  Interest accrues at the three-month LIBOR rate plus 3% and adjusts on the first day of each calendar quarter.  The note matures on March 18, 2009.

One of the trustees of Bruner Family Trust UTD March 28, 2005 is Marc E. Bruner, the son of Marc A. Bruner, who is the largest beneficial holder of the registrant’s outstanding shares.

Proceeds of the loan were used for working capital.


Item 9.01                                Financial Statements and Exhibits

Regulation
S-K Number
Document
   
10.1
Promissory Note dated March 18, 2008

 
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.
 

 
PETROHUNTER ENERGY CORPORATION
 
 
March 24, 2008
 
 
By:   /s/ Kyle L. WhiteJohnson                                         
           Kyle L. WhiteJohnson
           Vice President of Administration
   

 
EXHIBIT INDEX
 
Regulation
S-K Number
Document
   
10.1
Promissory Note dated March 18, 2008