Washington, D.C. 20549

                                    FORM 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                           The Securities Act of 1934

                        Date of Report December 15, 2003

                          ASPEN EXPLORATION CORPORATION
             (Exact name of registrant as specified in its charter)

    Delaware                         0-9494                     84-0811316
-----------------                  ------------              ---------------
(State or other                    (Commission              (I.R.S. Employer
 jurisdiction of                   File Number)            Identification No.)

                 2050 S. Oneida St., Suite 208, Denver, CO 80224

                   Registrant's telephone number 303-639-9860

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

Item 12. Results of Operations and Financial Condition

     (a) On December 11, 2003, Aspen Exploration Corporation issued a news
release, a copy of which is attached hereto as Exhibit 99.1.


     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.

                                              ASPEN EXPLORATION CORPORATION

Date:  December 15, 2003                      By: /s/ Robert A. Cohan
                                                      Robert A. Cohan, President