X0202 4 2008-01-16 0 0001368154 TEKOIL & GAS CORP TKGN 0001375666 Goodman Gerald 25025 I-45 NORTH, SUITE 525 THE WOODLANDS TX US 77380 1 1 0 0 Chief Financial Officer Common Stock, $0.000001 par value 2008-01-16 4 S 0 625000 0.144 D 2518170 D Common Stock, $0.000001 par value 2008-01-30 4 A 0 625000 0.144 A 3143170 D These shares were issued in connection with the conversion of a loan balance due Gerald Goodman by the Issuer, as approved by the Board of Directors of the Issuer, at a per share price equal to the price at which Mr. Goodman had sold his shares to obtain the loan proceeds. /s/ Gerald Goodman 2008-02-14