8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  01/11/2007

Analytical Surveys, Inc.

(Exact name of registrant as specified in its charter)

Commission File Number:  000-13111

CO	84-0846389
(State or other jurisdiction of	(IRS Employer
incorporation)	Identification No.)

8610 N. New Braunfels

Suite 205

San Antonio, TX 78217

(Address of principal executive offices, including zip code)

210-657-1500

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Information to be included in the report

Item 8.01.    Other Events

On January 8, 2007, the Company issued a press release announcing its strategic relationship with South Texas Operating ("STOC") and that it has committed to participate in a related development drilling program in the Northeast Thompsonville Field in South Texas. As a key part of this strategic relationship, STOC will provide ASI Energy, a division of the Company, with engineering analysis and other critical services associated with the review and evaluation of oil and gas projects, including operational support. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

On January 9, 2007, the Company issued a press release announcing it has entered into a Purchase and Sale Agreement with an undisclosed party for the acquisition of a non-operating working interest in three oil and gas fields located in the South Texas Gulf Coast region. Assuming satisfaction of certain conditions, including financing arrangements satisfactory to the Company, the parties intend to close the transaction on or before January 31, 2007. The Company is seeking to secure a financing package totaling approximately $8 million. A copy of the press release is furnished as Exhibit 99.2 to this Form 8-K and is incorporated herein by reference.

On January 10, 2007, the Company announced it has entered into a strategic relationship with H&S Production, Inc., a privately-held oil and gas company located in Dallas, Texas. The relationship will enable the Company to access and leverage geological, geophysical and other services of H&S. In addition, the Company will gain near-term, non-operating working interest in the opportunities H&S is pursuing in eastern Colorado and north Texas. The initial prospect to be drilled, Big Sandy, covers approximately 3,500 acres in Kiowa County, Colorado. Big Sandy is a Morrow sand gas prospect on the Las Animas Arch of southern Colorado. Current expectations are to begin drilling activity prior to the end of March 2007 with the expectation of drilling 4 to 8 wells within the prospect. A copy of the press release is furnished as Exhibit 99.3 to this Form 8-K and is incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits

Press Release dated January 8, 2007

Press Release dated January 9, 2007

Press Release dated January 10, 2007

Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Analytical Surveys, Inc.
Date: January 11, 2007	By:	/s/    Lori Jones
		Lori Jones
		CEO

Exhibit Index

Exhibit No.	Description
EX-99.1	Press release dated January 8, 2007
EX-99.2	Press release dated January 9, 2007
EX-99.3	Press release dated January 10, 2007

EX-99.1 2 rrd142250_17712.htm PRESS RELEASE DATED JANUARY 8, 2007

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY ANNOUNCES STRATEGIC RELATIONSHIP WITH SOUTH TEXAS OPERATING COMPANY

SAN ANTONIO, Texas -- January 8, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq: ANLT), today announced it has entered into a strategic relationship with South Texas Operating Company (STOC) and has committed to participate in a related development drilling program in the Northeast Thompsonville Field in South Texas.

As a key part of this strategic relationship, South Texas Operating Company will provide ASI Energy with engineering analysis and other critical services associated with the review and evaluation of oil and gas prospects, including operational support. In addition, ASI Energy has agreed to participate with STOC in a multi-well drilling project in the highly prolific Northeast Thompsonville Field located in South Texas' Jim Hogg County. The initial well, Stroman-Armstrong #5, is scheduled to spud in the first week of February and be drilled to an approximated total depth of 14,500 feet.

Don Fryhover, sr. vice president of ASI Energy said, "ASI Energy's business model is based upon utilizing strategic industry relationships to fill our needs, and we believe this partnership will be beneficial to our growth. We are extremely pleased to have an opportunity to participate in a development well program in such a highly productive field as the Northeast Thompsonville."

Joe Harris, a petroleum engineer and president of STOC said, "Having ASI Energy as a partner in our upcoming Northeast Thompsonville Field prospect and working with them on engineering analysis are exciting developments. We look forward to working together to grow this relationship."

ASI Energy, a Division of Analytical Surveys, Inc. (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com

Joe Harris has been providing engineering and other energy related services to the oil and gas industry for over 26 years and has owned South Texas Operating Company since 1990. STOC drills and participates in numerous wells in south Texas and the Texas gulf coast regions.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.

EX-99.2 3 rrd142250_17715.htm PRESS RELEASE DATED JANUARY 9, 2007

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY EXECUTES PURCHASE AND SALE AGREEMENT FOR THE

ACQUISITION OF OIL AND GAS PRODUCTION ON THE TEXAS GULF COAST

Production Assets Would Provide ASI Energy with Significant Initial Reserve Base

and Operating Cash Flow

SAN ANTONIO, Texas -- January 9, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq Capital Market: ANLT), today announced it has entered into a Purchase and Sale Agreement with an undisclosed party for the acquisition of a non-operating working interest in three oil and gas fields located in the South Texas Gulf Coast region. Assuming satisfaction of certain conditions, including financing arrangements satisfactory to ASI, the parties intend to close the transaction on or before January 31, 2007. The company is seeking to secure a financing package totaling approximately $8 million.

The properties consist of five wells, which are currently producing approximately 66 barrels of oil and 1.73 million cubic feet of gas per day, net to the interest being purchased. ASI Energy is purchasing 90% of the interest currently owned by the seller in the wells and acreage.

The wells are located in the highly prolific Hardin, Willis and South Wharton Fields located in Liberty and Wharton Counties, Texas. Based upon engineering studies, the acquisition could add as much as 57,000 barrels of oil and 2.2 billion cubic feet of gas reserves, net to ASI.

Lori Jones, CEO of ASI said, "Our oil and gas business plan is based upon a balanced growth strategy that includes the purchase of producing properties, along with participation in lower risk development drilling combined with higher potential exploratory activity. This purchase will serve to firmly establish ASI in the energy marketplace, provide a solid reserve base and contribute significant cash flow to our operations."

ASI Energy, a Division of Analytical Surveys, Inc. (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factor s that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.

EX-99.3 4 rrd142250_17716.htm PRESS RELEASE DATED JANUARY 10, 2007

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY ANNOUNCES STRATEGIC RELATIONSHIP WITH

H&S PRODUCTION, INC.

SAN ANTONIO, Texas -- January 10, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq Capital Market: ANLT), today announced it has entered into a strategic relationship with H&S Production, Inc., a highly successful oil and gas company located in Dallas, Texas.

The relationship will enable ASI Energy to access and leverage geological, geophysical and other services of H&S. In addition, ASI will gain near-term, non-operating working interest in the opportunities H&S is pursuing in eastern Colorado and north Texas. The initial prospect to be drilled, Big Sandy, covers approximately 3,500 acres in Kiowa County, Colorado. Big Sandy is a Morrow sand gas prospect on the Las Animas Arch of southern Colorado. Current expectations are to begin drilling activity prior to the end of March 2007 with the expectation of drilling 4 to 8 wells within the prospect.

Louis Dorfman, Jr., Executive Vice President of ASI Energy, said, "My personal relationship with H&S Production and its owners dates back many years and I am excited about the opportunity of leveraging this relationship with ASI. H&S has been extremely successful in acquiring and discovering hydrocarbon reserves in significant quantities and I believe this alliance will be very advantageous in the fulfillment of our balanced growth strategy."

ASI Energy, a division of Analytical Surveys, Inc., (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com.

H&S Production, Inc., a private oil and gas company was founded in 1978 by Scott G. Heape, a third generation oil and gas man with a B.S. in Geology from Tulane University. Atoka Operating, Inc., a wholly owned subsidiary of H&S Production, was founded in 2003. The combined organizations' primary focus is to identify and acquire oil and gas prospects for exploration and developmental drilling. Since its formation, H&S's track record of successful discovery is well recognized and documented. H&S has discovered over 210 billion cubic feet of gas and 5.6 million barrels of oil. Today, H&S activities are concentrated in the Sherman-Marietta Basin, Fort Worth Basin, east Texas, northern Louisiana and eastern Colorado.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factor s that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.

-----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY ANNOUNCES STRATEGIC RELATIONSHIP WITH SOUTH TEXAS OPERATING COMPANY

SAN ANTONIO, Texas -- January 8, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq: ANLT), today announced it has entered into a strategic relationship with South Texas Operating Company (STOC) and has committed to participate in a related development drilling program in the Northeast Thompsonville Field in South Texas.

As a key part of this strategic relationship, South Texas Operating Company will provide ASI Energy with engineering analysis and other critical services associated with the review and evaluation of oil and gas prospects, including operational support. In addition, ASI Energy has agreed to participate with STOC in a multi-well drilling project in the highly prolific Northeast Thompsonville Field located in South Texas' Jim Hogg County. The initial well, Stroman-Armstrong #5, is scheduled to spud in the first week of February and be drilled to an approximated total depth of 14,500 feet.

Don Fryhover, sr. vice president of ASI Energy said, "ASI Energy's business model is based upon utilizing strategic industry relationships to fill our needs, and we believe this partnership will be beneficial to our growth. We are extremely pleased to have an opportunity to participate in a development well program in such a highly productive field as the Northeast Thompsonville."

Joe Harris, a petroleum engineer and president of STOC said, "Having ASI Energy as a partner in our upcoming Northeast Thompsonville Field prospect and working with them on engineering analysis are exciting developments. We look forward to working together to grow this relationship."

ASI Energy, a Division of Analytical Surveys, Inc. (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com

Joe Harris has been providing engineering and other energy related services to the oil and gas industry for over 26 years and has owned South Texas Operating Company since 1990. STOC drills and participates in numerous wells in south Texas and the Texas gulf coast regions.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.

EX-99.2

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY EXECUTES PURCHASE AND SALE AGREEMENT FOR THE

ACQUISITION OF OIL AND GAS PRODUCTION ON THE TEXAS GULF COAST

Production Assets Would Provide ASI Energy with Significant Initial Reserve Base

and Operating Cash Flow

SAN ANTONIO, Texas -- January 9, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq Capital Market: ANLT), today announced it has entered into a Purchase and Sale Agreement with an undisclosed party for the acquisition of a non-operating working interest in three oil and gas fields located in the South Texas Gulf Coast region. Assuming satisfaction of certain conditions, including financing arrangements satisfactory to ASI, the parties intend to close the transaction on or before January 31, 2007. The company is seeking to secure a financing package totaling approximately $8 million.

The properties consist of five wells, which are currently producing approximately 66 barrels of oil and 1.73 million cubic feet of gas per day, net to the interest being purchased. ASI Energy is purchasing 90% of the interest currently owned by the seller in the wells and acreage.

The wells are located in the highly prolific Hardin, Willis and South Wharton Fields located in Liberty and Wharton Counties, Texas. Based upon engineering studies, the acquisition could add as much as 57,000 barrels of oil and 2.2 billion cubic feet of gas reserves, net to ASI.

Lori Jones, CEO of ASI said, "Our oil and gas business plan is based upon a balanced growth strategy that includes the purchase of producing properties, along with participation in lower risk development drilling combined with higher potential exploratory activity. This purchase will serve to firmly establish ASI in the energy marketplace, provide a solid reserve base and contribute significant cash flow to our operations."

ASI Energy, a Division of Analytical Surveys, Inc. (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factor s that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.

EX-99.3

P R E S S R E L E A S E

Contacts:	Analytical Surveys, Inc.	Pfeiffer High Investor Relations, Inc.
	Lori Jones	Geoff High
	Chief Executive Officer	303/393-7044
	210/657-1500

ASI ENERGY ANNOUNCES STRATEGIC RELATIONSHIP WITH

H&S PRODUCTION, INC.

SAN ANTONIO, Texas -- January 10, 2007 ^_ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq Capital Market: ANLT), today announced it has entered into a strategic relationship with H&S Production, Inc., a highly successful oil and gas company located in Dallas, Texas.

The relationship will enable ASI Energy to access and leverage geological, geophysical and other services of H&S. In addition, ASI will gain near-term, non-operating working interest in the opportunities H&S is pursuing in eastern Colorado and north Texas. The initial prospect to be drilled, Big Sandy, covers approximately 3,500 acres in Kiowa County, Colorado. Big Sandy is a Morrow sand gas prospect on the Las Animas Arch of southern Colorado. Current expectations are to begin drilling activity prior to the end of March 2007 with the expectation of drilling 4 to 8 wells within the prospect.

Louis Dorfman, Jr., Executive Vice President of ASI Energy, said, "My personal relationship with H&S Production and its owners dates back many years and I am excited about the opportunity of leveraging this relationship with ASI. H&S has been extremely successful in acquiring and discovering hydrocarbon reserves in significant quantities and I believe this alliance will be very advantageous in the fulfillment of our balanced growth strategy."

ASI Energy, a division of Analytical Surveys, Inc., (ASI) is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. For more information, please visit www.asienergy.com.

H&S Production, Inc., a private oil and gas company was founded in 1978 by Scott G. Heape, a third generation oil and gas man with a B.S. in Geology from Tulane University. Atoka Operating, Inc., a wholly owned subsidiary of H&S Production, was founded in 2003. The combined organizations' primary focus is to identify and acquire oil and gas prospects for exploration and developmental drilling. Since its formation, H&S's track record of successful discovery is well recognized and documented. H&S has discovered over 210 billion cubic feet of gas and 5.6 million barrels of oil. Today, H&S activities are concentrated in the Sherman-Marietta Basin, Fort Worth Basin, east Texas, northern Louisiana and eastern Colorado.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factor s that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.