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
9, 2007
BLACKSANDS
PETROLEUM, INC.
(Exact
name of Registrant as specified in its charter)
|
Nevada
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000-51427
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20-1740044
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|
(State
or other jurisdiction
|
(Commission
File number)
|
(IRS
Employer Identification No.)
|
|
of
incorporation or organization)
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|
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Suite
1250, 645 7th
Avenue
SW, Calgary, Alberta Canada T2P 4G8
(Address
of principal executive offices) (Zip Code)
(403)
870-2220
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name, Address and Fiscal Year, If Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation for 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
1.01 Entry
into a Material Definitive Agreement
As
previously reported, on November 10, 2006, we entered into an Exclusivity
Agreement with Access Energy Inc. (“Access”) pursuant to which Access agreed
that until March 10, 2007, it would refrain from soliciting or encouraging
the
submissions of proposals or offers from any person other than us relating
to the
purchase of equity in Access or all or a significant portion of its assets.
We
extended the exclusivity period until May 8, 2007 through an Amendment
of
Exclusivity Agreement executed on March 9, 2007. No additional consideration
was
paid for this extension; all other terms of the Exclusivity Agreement remain
unchanged and in force.
Item
9.01 Financial
Statements and Exhibits
Exhibits
filed as part of this Report are as follows:
| Exhibit
10.1 |
Amendment
of Exclusivity Agreement, dated March 9, 2007, between Blacksands
Petroleum, Inc. and Access Energy
Inc.
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SIGNATURE
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.
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BLACKSANDS
PETROLEUM, INC. |
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| Dated: March
12, 2007 |
By: |
/s/ Darren
R. Stevenson |
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Name: Darren
R. Stevenson |
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Title: President
and Chief Executive Officer |