UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.1)*
Fellows Energy Ltd.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
314347-10-5
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(CUSIP Number)
George S. Young
8716 Arapahoe Road, Boulder, CO 80303, (720) 308-6108
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 6, 2004
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and
is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box. [ ]
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits.
Seess.240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
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CUSIP No. 314347-10-5
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1. Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only).
Diamond Oil and Gas Corporation (EIN: Not yet
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available) and George S. Young
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a)
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(b)
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3. SEC Use Only
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4. Source of Funds (See Instructions) OO
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5. Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e)
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6. Citizenship or Place of Organization Diamond Oil
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and Gas Corporation is a Nevada corporation;
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George S. Young is a U.S. citizen
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7. Sole Voting Power 3,500,000
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Number of
Shares 8. Shared Voting Power 0
Owned by -----------------------------------
Each
Reporting 9. Sole Dispositive Power 3,500,000
Person --------------------------------
With
10. Shared Dispositive Power 0
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11. Aggregate Amount Beneficially Owned by Each
Reporting Person 3,500,000
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12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
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13. Percent of Class Represented by Amount in Row (11)
8.4%
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14. Type of Reporting Person (See Instructions)
Diamond Oil and Gas Corporation:
CO; George S. Young: IN.
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ITEM 1. SECURITY AND ISSUER
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This statement relates to shares of the common stock, $.001 par value of Fellows
Energy Ltd., a Nevada corporation (the "Issuer"). The principal executive
offices of the Issuer are located at 8716 Arapahoe Road, Boulder, CO 80303.
ITEM 2. IDENTITY AND BACKGROUND
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(a) Name: Diamond Oil and Gas Corporation
George S. Young, its sole officer,
director and shareholder
(b) Business Address: 101 Convention Center Drive, Suite
700, Las Vegas, Nevada 89109
(c) Present Principal Occupation: Oil and gas exploration
(d) Disclosure of Criminal Proceedings: n/a
(e) Disclosure of Civil Proceedings: n/a
(f) Citizenship: Diamond Oil and Gas Corporation:
Nevada
George S. Young: U.S.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
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Diamond Oil and Gas Corporation, a Nevada corporation, ("Diamond") acquired
3,500,000 shares from the Issuer in exchange for Diamond assigning its rights to
an agreement concerning the lease and operation of oil and gas interests to the
Issuer. George S. Young is the sole officer, director and shareholder of
Diamond.
ITEM 4. PURPOSE OF TRANSACTION
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Diamond acquired 3,500,000 shares from the Issuer in exchange for assigning its
rights to an agreement concerning the lease and operation of oil and gas
interests to the Issuer. George S. Young is the sole officer, director and
shareholder of Diamond.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
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Diamond beneficially owns a total of 3,500,000 shares of the Issuer's common
stock as follows:
(a) Diamond acquired 3,500,000 shares from the Issuer in exchange for assigning
its rights to an agreement concerning the lease and operation of oil and gas
interests to the Issuer. Diamond owns 3,500,000 shares, which comprises 8.4% of
the Issuer's total issued and outstanding shares. George S. Young is the sole
officer, director and shareholder of Diamond.
(b) Diamond has sole voting and dispositive power as to the 3,500,000 shares it
owns directly; Mr. George S. Young, an officer and director of the Issuer is the
sole owner of Diamond.
(c) None.
(d) Not Applicable.
(e) Not Applicable.
ITEM 6. CONTACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
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Reference is made to the report on Form 8-K made by the Issuer on January 6,
2004 regarding the transaction in which the Issuer is to issue 3,500,000 shares
to Diamond pursuant to a share purchase agreement.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
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Reference is made to Exhibit 10.1 filed as an exhibit to the Issuer's current
report on Form 8-K filed January 6, 2004.
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
January 13, 2004
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Date
/s/ George S. Young
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George S. Young, owner of Diamond Oil and Gas Corporation
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement: provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
Exhibit to Schedule 13D filed by Diamond Oil and Gas Corporation, a Nevada
corporation, and George S. Young, individually, filed on or about January 15,
2004
Diamond Oil and Gas Corporation, a Nevada corporation, ("Diamond") and George S.
Young, individually, and as the sole officer, director and shareholder of
Diamond, agree herewith that this Schedule 13D is filed on behalf of each of
Diamond and George S. Young.
Dated: January 15, 2004
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By: /s/ George S. Young
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George S. Young, an individual
By: /s/ George S. Young
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George S. Young, President
Diamond Oil and Gas Corporation, a Nevada corporation