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
COMMISSION FILE NO.: 0-49950
Date of Report: August 4, 2006
TRITON PETROLEUM GROUP, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Nevada 98-1232018
-----------------------------------------------------------------------
(State of other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
14 Garrison Inn Lane, Garrison, New York 10524
--------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
845-424-4100
---------------------------------------------------
(Registrant's telephone number including area code)
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:
[ ] 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 8.01 Other Events
On August 4, 2006 the Registrant's principal subsidiary, APPC Oil
Company, Inc., filed for reorganization under Chapter 11 of the U.S.
Bankruptcy Code. The action is pending in the U.S. Bankruptcy Court for the
Southern District of New York, Poughkeepsie Division.
Item 5.02 Departure of Director; Election of Director
On August 1, 2006 Michael Krome submitted his resignation from his
position as a member of the Board of Directors of Triton Petroleum Group.
On August 1, 2006 the Board of Directors elected Stanley Chason to
fill the vacancy on the Board. The following information concerning Mr.
Chason is provided:
Stanley Chason. Mr. Chason is a retired executive who provides
consulting services to public and private companies from time to time.
From 1962 until his retirement in 1984, Mr. Chason held various
positions with Gelco Corporation, a company listed on the New York
Stock Exchange which is involved in all aspects of vehicle leasing.
His last position with Gelco was as Executive Vice President and member
of the Board of Directors. Mr. Chason was also Chairman and Chief
Executive Officer of the Fleet and Management Services Division of
Gelco.
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.
TRITON PETROLEUM GROUP, INC.
Dated: September 5, 2006 By: /s/ Michael Margolies
------------------------------------------
Michael Margolies, Chief Executive Officer