SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2003

Luke Energy Ltd

(Translation of registrant’s name into English)

1200, 520-5th Avenue SW Calgary Alberta, Canada T2P 3R7

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form20-F or Form40-F:

Form20-F |X| Form40-F |_|

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes |_| No |X|

If “ Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Luke Energy Ltd., has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date:

September 12, 2003
Luke Energy Ltd.

By:
/s/ Carrie McLauchlin

Carrie McLauchlin
Vice-President, Finance & CFO

For Immediate Release
September 12, 2003

PRESS RELEASE
LUKE ENERGY LTD. COMPLETES $3.5 MILLION PRIVATE PLACEMENT

Calgary, Alberta: Luke Energy Ltd. (“Luke”) announces today that it has completed its previously announced private placement of 1,775,000 common shares on a “flow-through” basis at $2.00 per share for total gross proceeds of approximately $3.5 million. Proceeds from the private placement will be used to shoot seismic and drill wells on oil and gas prospects identified by Luke.

Management and directors of Luke have subscribed for approximately 50% of the issue.

Luke is an emerging Western Canadian oil and gas company whose common shares are listed on the Toronto Stock Exchange under the symbol “LKE”. Upon completion of the private placement, Luke has approximately 34.8 million common shares outstanding.

Information Contacts:

Harold V. Pedersen, Chairman and CEO
Mary C. Blue, President and COO
Carrie McLauchlin, Vice-President, Finance
(403) 261-4811

LUKE ENERGY LTD 6-K