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) July 28, 2003

                               ASSURE ENERGY, INC.
             (Exact name of registrant as specified in its charter)

            Delaware                       333-61714             13-4125563
           ----------                     -----------        ------------------
  (State or other jurisdiction     (Commission File Number)    (IRS Employer
of incorporation or organization)                            Identification No.)

               2750-140 4th Avenue S.W., Calgary, Alberta T2P 3N3
               (Address of principal executive offices)(Zip Code)

                                 (403) 266-2787
              (Registrant's Telephone Number, Including Area Code)

         (Former Name or Former Address, If Changed since Last Report.)



         On July 28, 2003 we  completed  the  acquisition  of  6,267,500  common
shares of Quarry Oil & Gas Ltd.  ("Quarry"),  pursuant  to a March 6, 2003 Share
Purchase  Agreement  (the "Share  Purchase  Agreement")  among us,  Quarry,  and
certain Quarry shareholders  including Al J. Kroontje,  Trevor G. Penford, Karen
Brawley-Hogg,  Donald J. Brown and Troon  Investments,  Ltd.  (collectively  the
"Sellers").  As of August 8, 2003 we have received an additional  438,000 Quarry
shares from the Sellers. We are awaiting delivery of an additional 44,500 Quarry
shares  from the  Sellers,  which  will  result  in our  aggregate  purchase  of
6,750,000  Quarry  shares  (the  "Acquisition  Shares")  pursuant  to the  Share
Purchase  Agreement.  These  6,750,000  shares  together with the 169,900 Quarry
shares  already  owned by us represent  approximately  48.5% of the  outstanding
common shares of Quarry.  The Acquisition Shares were purchased by us at a price
of CDN $1.3278 (approximately US$.95) per share or CDN $8,962,650 (approximately
US $6,434,107) on an aggregate basis.

         The Share  Purchase  Agreement  provided  for the  transfer  of certain
Quarry assets (the "Excluded Assets") by Quarry,  prior to closing,  to a Quarry
subsidiary,  51% of which was sold to the  Sellers  on the  closing  date of the
Share Purchase  Agreement,  at a purchase  price of  CDN$867,662  (approximately
US$622,877).  The purchase price  represented 51% of the adjusted net book value
of the Excluded Assets as at the date of the Share Purchase Agreement.

         The Share Purchase Agreement also provided for the payment by Quarry to
Al Kroontje or his designees, the sum of CDN$592,500  (approximately US$425,344)
representing  (i) salary  compensation  to Mr.  Kroontje for the six years ended
December 31, 2000 when Mr. Kroontje did not receive any compensation for serving
as an officer and director of Quarry; (ii) severance pay; and (iii) a retirement
allowance. Payment in full was made to Mr. Kroontje at closing.

         In  connection  with the Share  Purchase  Agreement,  we have agreed to
pursue one of the following  activities to position Quarry to fund its corporate
growth strategy:  (i) present to Quarry,  within 90 days of the closing date, an
experienced,  previously successful  management team for Quarry,  subject to the
Sellers'  consent,  such consent,  not to be  unreasonably  withheld;  (ii) make
within 60 days of the closing  date,  an offer to acquire  all of the  remaining
Quarry  shares not owned by us at a price per share of not less than  CDN$1.3278
per share (the "Follow-Up Offer"), such Follow-Up Offer to be carried out by way
of take-over bid, an amalgamation  proposal or such other  transaction  proposal
determined by us to be appropriate;  or (iii)  subscribe,  within 90 days of the
closing date, to a material private placement of Quarry shares at a subscription
price per share of not less than  CDN$1.3278 per share. We have yet to determine
which of these alternative courses of action we will pursue.

         Upon completion of the  transaction,  Harvey Lalach,  our president was
appointed to also serve as president for Quarry.  Trevor G. Penford  remains the
vice president of Quarry.  The present board of directors of Quarry is comprised
of Les W. Hofmeister, Donald J. Brown, and Daniel H. Thompson.

         Quarry is a junior  oil and gas  exploration  and  development  company
based in Calgary,  Alberta,  Canada  whose  common  shares are listed on the TSX
Venture  Exchange under the symbol "QUC".  Quarry's  average daily production is
currently  approximately  1100 barrels of oil equivalent  per day.  Quarry has a
stable oil production base in Alberta, Canada. It has recently added significant
gas reserves from its discoveries in northeast British Columbia, Canada where it
has access to a large base of  undeveloped  lands.  Quarry has also  developed a
portfolio of natural gas prospects to facilitate future growth.



(a)      Financial  Statements  of Business  Acquired.  To be filed by amendment
         within the next 60 days.

(b)      Pro Forma Financial  Information.  To be filed by amendment  within the
         next 60 days.

(c)      Exhibits:

         2.1      Share  Purchase  Agreement  dated  March 30, 2003 by and among
                  Assure Energy,  Inc.,  and Al J. Kroontje,  Trevor G. Penford,
                  Karen Brawley-Hogg,  Donald J. Brown, Troon Investments, Ltd.,
                  and Quarry Oil & Gas, Ltd.

         2.2      Amending Agreement dated March 26, 2003 to March 6, 2003 Share
                  Purchase Agreement.

         2.3      Amending Agreement No. 2 dated April 11, 2003 to March 6, 2003
                  Share Purchase Agreement.



Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  cause  this  Report  to be  signed  on its  behalf  by the
undersigned hereunto duly authorized.

                                      ASSURE ENERGY, INC.

Dated:  August 11, 2003               By: /s/ Harvey Lalach
                                          Harvey Lalach