Pacific Asia Petroleum Inc 8-k (events Or Changes Between Quarterly Reports) 2009-02-23

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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 and Exchange Act of 1934 Date of report (Date of earliest event reported): February 23, 2009

PACIFIC ASIA PETROLEUM, INC. (Exact name of registrant as specified in its charter) Delaware

000-52770

30-0349798

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

250 East Hartsdale Avenue Hartsdale, New York 10530 (Address of principal executive offices) (Zip Code) (914) 472-6070 (Registrant’s telephone number, including area code) 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))

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ITEM 7.01 REGULATION FD DISCLOSURE Pacific Asia Petroleum, Inc. (the “Company”) will be conducting a conference call at 1:30 p.m. Pacific Standard Time on Tuesday, March 3, 2009, to provide an update on the Company’s projects and discuss new business developments for 2009. A live webcast of the call will also be available on the Company’s website, www.papetroleum.com. A copy of the Company’s press release, dated February 23, 2009, announcing the call 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 February 23, 2009.

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SIGNATURES Pursuant to the requirement 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.

PACIFIC ASIA PETROLEUM, INC. Dated: February 23, 2009 By: /s/ Frank C. Ingriselli Frank C. Ingriselli Chief Executive Officer

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EXHIBIT INDEX

Exhibit Number Description 99.1 Press Release, dated February 23, 2009.

Exhibit 99.1

FOR IMMEDIATE RELEAS E February 23, 2009

PACIFIC AS IA PETROLEUM, INC. TO HOS T INVES TOR CONFERENCE CALL ON BUS INES S UPDATE

Hartsdale, N.Y. February 23, 2009 – Pacific Asia Petroleum, Inc. (OTC BB: PFAP.OB) announced today that it will host a business update conference call with its shareholders on March 3, 2009. The Company’s President and CEO, Frank Ingriselli, will provide an update on the company’s projects and discuss new business developments for 2009.

Date:

March 3, 2009 (Tue)

Time:

1:30pm PST / 4:30pm EST

Participate : To participate in the conference call, please dial (877) 723-9502 (U.S) or (719) 325-4784 (international) at least 10 minutes prior to the start of the call. Callers will need to reference confirmation code: 7150894. Listen only:

Replay :

A live webcast of the call will be available at the Company's website www.papetroleum.com. Questions can also be submitted beforehand through the website. The webcast will be archived on the Company's website following the call.

About Pacific Asia Petroleum, Inc. Pacific Asia Petroleum, Inc. is engaged in the business of oil and gas exploration, development, production and distribution in Asia and the Pacific Rim countries, with a specific focus on developing a broad range of energy opportunities, including clean and environmentally friendly natural gas ventures, in China. The company’s executive offices are located in Hartsdale, New York, and the company also has offices in Beijing, China and California.

Media Contact: Pacific Asia Petroleum, Inc. Bonnie Tang [email protected] 250 East Hartsdale Ave. Hartsdale, NY 10530 (914) 472-6070 www.papetroleum.com

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Investor Relations Contact: Liviakis Financial Communications, Inc John Liviakis (415) 389-4670 [email protected] www.liviakis.com 655 Redwood Hwy, Suite 395 Mill Valley, CA 94941

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