UNITED ~~STATES~~STATESSECURITIES ~~SECURITIES~~ AND EXCHANGE ~~COMMISSION Washington~~COMMISSIONWashington, D.C. 20549

FORM 8-K

CURRENT ~~REPORTPursuant~~REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December ~~16,~~ 14, 2010

CHEETAH OIL & GAS LTD. (Exact name of registrant as specified in its charter)

Nevada	000-26907	93-1118938
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
incorporation)		Identification No.)

17 Victoria Road, Nanaimo, BC Canada V9R 4N9(Address of principal executive offices) (Zip Code)

17 Victoria Road, Nanaimo, BC Canada	V9R 4N9
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code	(250) 714-1101

~~Registrant’s~~N/A ~~telephone~~ (Former ~~number~~name or former address, ~~including~~if ~~area~~changed ~~code~~since ~~(250~~last report.) ~~714-1101~~

N/A(Former name or former address, if changed since last report.)

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 71.01 ~~Regulation~~Entry FDinto ~~Disclosure~~Material Definitive Agreement

On December 1614, 2010, we ~~issued~~entered into a ~~news~~consulting agreement ~~release~~with ~~announcing~~Donald ~~that~~Findlay. weThe ~~have~~consulting ~~successfully~~agreement ~~drilled~~provides ~~and~~for ~~completed~~the ~~two~~basic remuneration ~~oil~~of ~~wells at~~Donald Findlay for services to be rendered as president of our company ~~Belmont~~at ~~Lake~~the ~~Light~~rate ~~oil~~of ~~field~~US$1,500 inper ~~Mississippi~~month.

Item 9.01	Financial Statements and Exhibits
99.1	News Release dated December 16, 2010.
10.1	Consulting Agreement between our company and Dond Findlay dated December 14, 2010.

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.

CHEETAH OIL & GAS LTD

/s/ Robert McAllister
Robert McAllister
Chief Executive Officer

December 1617, 2010

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