CASPEN OIL INC
8-K, 1997-06-30
CRUDE PETROLEUM & NATURAL GAS
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                    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 26, 1997


                             CASPEN OIL, INC.
                                                                  
          (Exact name of Registrant as specified in its charter)



          Nevada              1-7965              75-1388609
                                                                  
(State or other          (Commission File         (IRS Employer 
 jurisdiction of              Number)              Identification
 incorporation)                                         Number)



Irongate 3, Suite 201, 777 S. Wadsworth Blvd., Lakewood, CO  80226
(Address of principal executive offices)               (ZIP Code)


Registrant's telephone number, including area code: (303)987-0925


                                                                  
                                                                  











Item 4.  Changes in Registrant's Certifying Accountant



     On June 26, 1997, and by Unanimous Consent of the Registrant's
Board of Directors, John M. Hanson & Company, P.C. replaced BDO
Seidman, LLP as the Registrant's independent certifying accountant. 
The Registrant has not consulted with John M. Hanson & Company,
P.C. on any accounting or auditing matters during the past two
years.  There were no disagreements on any matter of accounting
principle or practice, financial statement disclosure, or auditing
scope or procedure with BDO Seidman, LLP.  The Registrant has
requested BDO Seidman, LLP furnish it with a letter addressed to
the Securities and Exchange Commission stating whether it agrees
with the above statements.







































                                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 of the undersigned hereunto duly authorized.



                                   CASPEN OIL, INC.
                                   (Registrant)


Date:     June 30, 1997            By:  /s/ Gary N. Davis         
                                        Gary N. Davis
                                        Chief Financial Officer










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