X0203 3 2011-01-03 0 0001373485 CROSS BORDER RESOURCES, INC. XBOR 0001213493 RISLEY LAWRENCE J 22610 US HWY. 281 NO., STE. 218 SAN ANTONIO TX 78258 1 1 0 0 President & COO Shares of Common Stock 189046 I By Pure Gas Partners II, L.P. Stock Options (Right to Buy) 4.8 2011-01-31 2016-01-30 Common Stock 150000 D Stock Options (Right to Buy) 5.28 2012-01-31 2017-01-30 Common Stock 150000 D Amount of securities listed as beneficially owned by the Reporting Person are based on the Reporting Person's beneficial ownership of limited partnership interests in Pure Gas Partners II, L.P. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of any of the equity securities listed in this statement for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. Lawrence J. Risley 2011-01-13