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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 N/bb0NThNxSzrEUs/69uwTwZKAgxUXdNnr64bxuJ8eZthAMceht92RfExbQBPanD
 yWJOB2r5rLqWXdZZy97s9g==

<SEC-DOCUMENT>0001181431-03-017905.txt : 20030807
<SEC-HEADER>0001181431-03-017905.hdr.sgml : 20030807
<ACCEPTANCE-DATETIME>20030807171553
ACCESSION NUMBER:		0001181431-03-017905
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030804
FILED AS OF DATE:		20030807

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ANTRY LISA L & STEVE A
		CENTRAL INDEX KEY:			0001167690
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25717
		FILM NUMBER:		03829414

	BUSINESS ADDRESS:	
		STREET 1:		6120 S YALE
		STREET 2:		STE 813
		CITY:			TULSA
		STATE:			OK
		ZIP:			74136
		BUSINESS PHONE:		9184951011

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BETA OIL & GAS INC
		CENTRAL INDEX KEY:			0001059324
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				860876964
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		6120 S YALE
		STREET 2:		STE 813
		CITY:			TULSA
		STATE:			OK
		ZIP:			74136
		BUSINESS PHONE:		9184951011

	MAIL ADDRESS:	
		STREET 1:		6120 SOUTH YALE SUITE 813
		CITY:			TULSA
		STATE:			OK
		ZIP:			74136
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd15567.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-04</periodOfReport><notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0001059324</issuerCik>
        <issuerName>BETA OIL &amp; GAS INC</issuerName>
        <issuerTradingSymbol>BETA</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001167690</rptOwnerCik>
            <rptOwnerName>ANTRY LISA L &amp; STEVE A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>11814 S. SHERIDAN ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TULSA</rptOwnerCity>
            <rptOwnerState>OK</rptOwnerState>
            <rptOwnerZipCode>74008</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-04</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1000</value></transactionShares><transactionPricePerShare><value>1.25</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1245000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTra
nsaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-05</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>420</value></transactionShares><transactionPricePerShare><value>1.23</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1244580</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-06</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><tra
nsactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>3580</value></transactionShares><transactionPricePerShare><value>1.23</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1241000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><ownerSignature><signatureName>Steven A. Antry</signatureName><signatureDate>2003-08-06</signatureDate></ownerSignature><ownerSignature><signatureName>Lisa L. Antry</signatureName><signatureDate>2003-08-06</signatureDate></ownerSignature></ownershipDocument>



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