Company:  BASELINE OIL & GAS CORP.
Form Type:  10-Q
Filing Date:  8/14/2009 
CIK:  0001291983 
Address:  16161 COLLEGE OAK, SUITE 101 
City, State, Zip:  SAN ANTONIO, Texas 78249 
Telephone:  210-408-6019 EXT 2 
Fiscal Year:  12/31 
Description of Business
We were incorporated as a Nevada corporation in February 2004 under the name of College Oak Investments, Inc., and changed our name to Baseline Oil & Gas Corp. on January 17, 2006. We are the surviving corporation of a merger transaction with Coastal Energy Services, Inc. ("Coastal") that was effective on April 6, 2005. As a result of the merger, Coastal Energy Services, Inc. was treated as the "acquiring" company and the historical financial statements of our company were restated to be those of Coastal for financial accounting and reporting purposes. During fiscal year ended 2006 we were a "shell company" as that term is defined in Rule 405 promulgated under the Securities Act of 1933 (the "Securities Act") and Rule 12b-2 promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), and as such, are subject to rules of the Securities and Exchange Commission (SEC) applicable to shell companies.
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  FORM 10-Q
    PART I
      Item 1. Financial Statements
        BALANCE SHEET
        INCOME STATEMENT
        INCOME STATEMENT
        CASH FLOW
        NOTES TO FINANCIAL STATEMENTS
          NOTE 6 - SUBSEQUENT EVENTS
      Item 2. Management's Discussion and Analysis
      Item 4T. Controls and Procedures
    PART II
      Item 1A. Risk Factors
      Item 5 Other Information - Proposed Plan of Reorganization
      Item 6 Exhibits
    SIGNATURES
  EXHIBIT 31.1
    CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO
  EXHIBIT 31.2
    CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO
  EXHIBIT 32.1
    CERTIFICATION OF CHIEF EXECUTIVE OFFICER
  EXHIBIT 32.2
    CERTIFICATION OF CHIEF FINANCIAL OFFICER
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