ITEM 7.01 REGULATION FD DISCLOSURE

On October 8, 2009, Pacific Asia Petroleum, Inc. (the "Company") issued a press release announcing the commencement of drilling operations on its 100% owned Zijinshan gas asset (the "Zijinshan Asset") located in the Shanxi Province of China. This is the first well in a multi-well program planned on the Zijinshan Asset. The 100% owned and operated Zijinshan Asset was awarded to the Company in 2008 pursuant to a Production Sharing Contract that was approved by the Chinese Ministry of Commerce. The Company is planning to carry out its operations in the most economically efficient manner so as to minimize cash outlays as it moves this asset to early commercialization.

A copy of the Company's press release, dated October 8, 2009, announcing these matters is furnished herewith as Exhibit 99.1 .

The information contained in Item 7.01 to this current report on form 8-K and the exhibit attached hereto shall not be deemed to be "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information or such exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth in this Item 7.01 or exhibit 99.1 to this form 8-K shall not be deemed an admission as to the materiality of any information in Item 7.01 to this report on form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits Exhibit Number Description 99.1 Press Release, dated October 8, 2009.

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