X0202 4 2005-03-31 0 0000909992 BEARD CO /OK BRCO 0001198627 HALLOCK ALLAN R 5600 N. MAY AVENUE, SUITE 320 OKLAHOMA CITY OK 73112 1 0 0 0 12%Convertible Subordinated Notes 60000.000 I Allan R. Hallock Trust Common Stock, $.0006665 par value 286874.000 I Allan R. Hallock Trust Common Stock, $.0006665 par value 3750.000 I Allan R. Hallock, IRA 2003-2 Deferred Stock Comp. Units 2005-03-31 4 J 0 946.163 0 A Common Stock, $.0006665 par value 946.163 34258.792 D On January 14, 2005 the 9% Convertible Subordinated Notes were exchanged for 12% Convertible Subordinated Notes. Like the 9% Convertible Subordinated Notes these 12% Notes are convertible into shares of the Company's common stock but at a reduced conversion price of $1.00 per share. These stock units were accrued under The Beard Company 2003-2 Deferred Stock Compensation Plan and are to be settled 100% in BRCO Common Stock upon the reporting person's termination of service or termination of the Plan. This type of security normally doesn't reflect the conversion or exercise price. By: Rebecca G. Voth, Attorney in Fact 2005-04-01