X0201 4 2003-12-15 0 0000277924 CREDO PETROLEUM CORP CRED 0001186347 BROWN CLARENCE H C/O CREDO PETROLEUM CORP 1801 BROADWAY #900 DENVER CO 80202 1 0 0 0 Common Stock $.10 par value 2003-12-15 4 I 0 15000 4.1146 A 17520 D Stock Option 4.1146 2003-12-15 4 I 0 15000 4.1146 D 2002-07-27 2005-07-27 Common Stock $.10 par value 15000 25480 D James P. Garret, Jr. for Clarence H. Brown by POA 2003-12-17