~~Table~~SECURITIES ofAND ~~Contents~~EXCHANGE COMMISSION Washington, D.C. 20549

~~SECURITIES~~FORM ~~AND EXCHANGE COMMISSION~~6-K ~~Washington, D.C. 20549~~

~~FORM~~REPORT 6OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-K16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

~~REPORT~~For OFthe ~~FOREIGN~~period ~~PRIVATE~~May 1 ~~ISSUER PURSUANT TO RULE 13a~~-16 OR31, ~~15d-16~~2003 ~~UNDER THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~Commission ~~the~~File ~~period~~Number: ~~April 1 - 30, 2003~~00024536

~~Commission~~Luke ~~File~~Energy ~~Number: 00024536~~Ltd.

(Exact name of registrant as specified in its charter)

~~Luke~~Suite 1200. ~~Energy~~520 ~~Ltd~~– 5th Avenue S.W., Calgary, Alberta T2P 3R7

(Address of principal executive offices)

~~Suite 1200.~~ Indicate ~~520~~by –check ~~5th~~mark ~~Avenue~~whether ~~S.W.,~~the ~~Calgary,~~registrant ~~Alberta~~files ~~T2P~~or ~~3R7~~will file annual reports under cover Form 20-F or Form 40-F.

~~Indicate by check mark whether the registrant files or will file annual reports under cover~~ Form 20-F orx Form 40-F. o

~~Form~~ Indicate ~~20-F~~by xcheck mark if the registrant is submitting the Form 6-K 40in paper as permitted by Regulation S-FT Rule 101(b)(1). o

~~Indicate~~Note: byRegulation S-T ~~check~~Rule 101(b)(1) ~~mark~~only ifpermits the ~~registrant~~submission isin ~~submitting~~paper of ~~the~~a Form 6-K ~~in paper~~if assubmitted ~~permitted~~solely byto ~~Regulation S-T~~provide ~~Rule 101(b)(1).~~an oattached annual report to security holders.

~~Note:~~Indicate ~~Regulation S-T~~by ~~Rule 101(b)(1)~~check ~~only~~mark ~~permits~~if the ~~submission~~registrant inis ~~paper of~~submitting athe Form 6-K ifin paper ~~submitted~~as ~~solely~~permitted toby ~~provide~~Regulation S-T anRule 101(b)(7): ~~attached annual report to~~o ~~security holders.~~

~~Indicate~~Note: byRegulation S-T ~~check~~Rule 101(b)(7) ~~mark~~only ifpermits the ~~registrant~~submission isin ~~submitting~~paper of ~~the~~a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or ~~paper~~legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as ~~permitted~~long as bythe ~~Regulation~~report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders and, if discussing a material event, has already been the subject of a Form S6-TK submission ~~Rule 101(b)(7):~~or oother Commission filing on EDGAR.

~~Note:~~Indicate ~~Regulation S-T~~by ~~Rule 101(b)(7)~~check ~~only~~mark ~~permits~~whether the ~~submission in paper of a Form 6-K if submitted to furnish a report or other document that the~~ registrant ~~foreign~~by ~~private~~furnishing ~~issuer must furnish and make public under~~ the ~~laws~~ ofinformation ~~the~~contained ~~jurisdiction~~ in ~~which~~this ~~the~~Form ~~registrant~~ is ~~incorporated,~~also ~~domiciled~~thereby ~~or legally~~furnishing ~~organized (~~the ~~registrant’s “home country”), or under the rules of the~~information ~~home~~to ~~country exchange on which~~ the ~~registrant’s~~Commission ~~securities~~pursuant ~~are traded, as long as the report or other document is not a press release, is not required~~ to ~~be and~~Rule 12g3-2(b) ~~has~~under ~~not been distributed to~~ the ~~registrant’s~~Securities ~~security~~Exchange ~~holders and, if~~Act ~~discussing a material event, has already been the subject~~ of ~~a Form 6-K submission or other Commission filing on EDGAR~~1934.

~~Indicate~~Yes byo ~~check~~No mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. x

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

IfFor ~~“Yes”~~Immediate ~~is marked, indicate below the file number assigned to the~~Release ~~registrant in connection with Rule~~May ~~12g3-2(b):~~22, ~~82-~~ 2003

~~TABLE~~PRESS OFRELEASE LUKE ~~CONTENTS~~ENERGY — FIRST QUARTER RESULTS

~~SIGNATURE~~Calgary, Alberta: Luke Energy Ltd. announces its initial quarterly report to shareholders for the period ended March 31, 2003. This covers the Company’s first 34 days of operations from February 26th to March 31st, 2003.

~~Table~~Luke Energy was created in connection with the sale of ~~Contents~~KeyWest Energy Corporation (our former company) to Viking Energy Royalty Trust. In addition to the sale consideration that shareholders received from Viking, they also received one share of Luke Energy for every 10 KeyWest shares held — thus creating a shareholder base for Luke Energy. As part of the sale arrangement, Viking rolled 160 barrels of oil equivalent per day (boepd) of production into Luke Energy and also transferred a 100% interest in 11,720 acres of undeveloped land. As a result Luke Energy qualified for a Toronto Stock Exchange listing.

~~SIGNATURE~~Two private placements were completed subsequent to the formation of Luke Energy. In the initial financing, a total of 1.65 million shares were issued at 81¢ and a major financing followed with the sale of 24.8 million special warrants at $1.45 each (subsequently converted into Luke Energy shares on a “one for one” basis) for net proceeds after commission of $34 million. Luke thus begins its corporate life with 33.05 million shares outstanding, cash of $35 million, no debt, production of 160 boepd and 11,720 acres of undeveloped land.

~~Pursuant~~People are a key ingredient to the ~~requirements~~success of ~~the~~any ~~Securities~~new ~~Exchange~~venture. ~~Act~~The ofsenior executives ~~1934~~have worked together for over 20 years and are reunited again in their fourth start-up — Harold Pedersen, ~~the~~Chairman & CFO, Mary C. Blue, ~~registrant~~President ~~has~~& ~~duly~~COO, ~~caused~~and ~~this~~Garry ~~report~~West, toSenior beVice-President ~~signed~~of onEngineering. ~~its~~We ~~behalf~~have assembled bya ~~the~~strong management group which comprises Rob Wollmann, ~~undersigned~~Vice-President of Exploration, ~~thereunto~~Carrie ~~duly~~McLauchlin, ~~authorized~~Vice-President Finance & CFO and David Lewis, Vice-President of Land. In addition, Darwyn Miles is Manager of Engineering and Ruth DeGama is Manager of Production Services.

Our business plan for Luke Energy will employ the same strategies we’ve successfully used in the past. Our focus will be in western Canada and we will grow through a combination of mergers and acquisitions, exploitation drilling and low-risk exploration.

~~Table~~Information ofContacts: ~~Contents~~Harold V. Pedersen, Chairman and CEO Mary C. Blue, President and COO Carrie McLauchlin, Vice-President, Finance (403) 261-4811

~~For~~(Attached ~~Immediate~~to and forming part of a Press Release ~~April~~ dated May 1422, 2003)

~~PRESS RELEASE~~Highlights ~~LUKE ENERGY $36 MILLION FINANCING~~ ~~APPROVED BY SHAREHOLDERS~~

Calgary, Alberta: Luke Energy Ltd. announces today that its shareholders overwhelmingly approved the private placement of 24.8 million Special Warrants at $1.45 Cdn. per Special Warrant for gross proceeds of approximately $36 million. As a result of shareholder approval the Special Warrants are deemed to be exercised for Common Shares on a one-for-one basis without additional consideration.


		Period ended
(unaudited)		March 31, 2003

Operating¹
Number of producing days			34
Production
	Oil — bopd		76
	Gas — mcf/d		508
	Total — boepd (6 mcf = 1 bbl)		161

Product Prices ($Cdn)
	Oil — $/bbl	$	40.63
	Gas — $/mcf	$	9.30

Financial ($Cdn) ¹
Gross production revenue		$	265,809
Cash flow from operations²		$	68,353
	per share — basic and diluted	$	0.01
Earnings		$	4,953
	per share — basic and diluted	$	0.00
Weighted average shares outstanding			8,226,301
Shares outstanding			8,226,301
Working capital		$	35,156,193
Shareholders’ equity		$	40,338,430

~~The~~1 ~~proceeds~~There ofare ~~this~~no ~~financing,~~prior ~~being~~period ~~approximately~~comparatives ~~$34 million~~as ~~after~~the ~~payment of~~Company ~~commissions,~~began ~~are~~active ~~now~~operations ~~released~~February ~~from~~26, ~~escrow to the Company~~2003. ~~The~~2 ~~proceeds~~Cash ~~will be~~flow ~~used~~from byoperations ~~Luke~~means ~~Energy~~earnings toplus ~~fund~~future ~~working~~taxes ~~capital~~ and ~~its~~depletion ~~acquisition~~ and ~~drilling program~~depreciation.

A syndicate led by Griffiths McBurney & Partners and including First Associates Investments Inc., Yorkton Securities Inc., and Tristone Capital Inc. acted as underwriters in connection with the financing.

Luke Energy is a Calgary-based emerging oil and gas company whose operations will be focused in western Canada. The Company has 33 million shares outstanding, cash of $35 million, no debt and production of 160 boepd (50% gas).

Luke Energy shares trade on the Toronto Stock Exchange under the symbol LKE.

Information Contacts:

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

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Luke Energy Ltd.(Registrant)

Date May 27, 2003

/s/ Mary C. Blue

MARY C. BLUE

Filing Compare · LUKE ENERGY LTD