X0201 5 2003-10-31 0 0 0 0000277924 CREDO PETROLEUM CORP cred 0001186344 HUFFMAN JAMES T C/O CREDO PETROLEUM CORP 1801 BROADWAY #900 DENVER CO 80202 1 1 1 0 President Stock Option (right to buy) 13.34 2003-06-13 5 J 0 48250 13.34 A 2003-06-13 2013-06-13 Common Stock $.10 par value 48250 48250 D The purpose of this Form 5 is to correct an inadvertent calculation error that caused the total shares covered by options issued pursuant to the company's 1997 Stock Option Plan to exceed the total shares available for issuance under the Plan. This Form 5 corrects information on Form 4 filed 6/17/2003. James T. Huffman 2003-12-12