UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November ~~August 6~~19, ~~2007~~ 2008

Fellows Energy Ltd.

(Exact name of registrant as specified in its charter)

Nevada 000-33321 33-0967648 ----------------------------------------------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.)

~~1942 Broadway~~370 StInterlocken Blvd., Suite ~~#320~~ 400, ~~Boulder~~Broomfield, CO ~~80302~~80021

(Address of principal executive offices and Zip Code)

Registrant's telephone number, including area code (303) ~~327~~926-~~1525~~4415

Copies to:

Marc Ross, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway

New York, New York 10006

Phone: (212) 930-9700

Fax: (212) 930-9725

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 (see General Instruction A.2. below):

[ ] 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~~ 1~~.01 Entry into a Material Definitive Agreement.~~

Item 20 4.102 ~~Completion~~Non-Reliance ofon ~~Acquisition~~Previously Issued Financial Statements or ~~Disposition~~a ofRelated ~~Assets~~Audit Report or Completed Interim Review.

~~On August~~ In ~~6, 2007, Fellows Energy Ltd.~~connection (with the “Company”)'s ~~entered~~filing of ~~into~~Form a10-Q ~~purchase~~for ~~and~~the ~~sale~~period ~~agreement~~ended September 30, 2008 (the “~~Agreement~~Form 10-Q”) with ~~Thunderbird~~the ~~Energy~~Securities ~~Inc.~~and Exchange Commission (the “~~Thunderbird~~Commission”), ~~pursuant~~we had tobeen ~~which~~in ~~the~~communication ~~Company~~with ~~sold~~our independent ~~its~~certified ~~interests~~public accountant in order to complete the ~~Carbon~~required ~~Creek~~review ~~project~~of ~~(“Carbon~~our financial ~~Creek”)~~statements, ~~for~~who ahas ~~total~~not yet completed their review of $3our financial ~~million~~statements prior to ~~its~~our ~~joint~~filing ~~venture~~the ~~partner,~~Form ~~Thunderbird~~10-Q. The ~~Thunderbird~~Board ~~paid~~of ~~$1.65~~Directors ~~million~~has indetermined ~~cash~~as ~~directly~~of tothe ~~Fellows~~date ~~debenture~~hereof ~~holders~~that, ~~approximately~~under ~~$12,800 to Thames~~these ~~River~~circumstances, ~~LLC~~the present ~~for~~filing ~~services~~should ~~rendered~~be tomade. The ~~the~~Board ~~Company~~of ~~and~~Directors ~~approximately $237,000~~has attempted to discuss the ~~Company.~~matters ~~Thunderbird~~disclosed ~~also~~in ~~assumed~~this ~~$1.1~~filing, ~~million~~and inwill ~~liabilities~~continue to work ~~from~~toward obtaining proper review of the ~~Company~~referenced Form 10-Q.

~~Item~~ We are aggressively seeking any ~~9.01~~additional ~~Financial~~comments ~~Statements~~required ~~and~~to ~~Exhibits~~complete the review for filing an amended Form 10-Q for the period ended September 30, 2008.

~~(c)~~ The ~~Exhibits~~Company intends to file such amended Form 10-Q to rectify the filing, at the earliest practicable date.

Exhibit Number		Description
10.1		Purchase and Sale Agreement, dated as of August 6, 2007, by and between Fellows Energy Ltd. and Thunderbird Energy Inc.
99.1		Press Release issued August 9, 2007

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.

Fellows Energy Ltd.

Date: November ~~August 10~~19, ~~2007~~ 2008 By: /s/ GEORGE S. YOUNG

George S. Young

Chief Executive Officer

Filing Compare · FELLOWS ENERGY LTD