| **Nevada**                                     |   |   |   | **20-8428738**                    |
|------------------------------------------------|--------|--------|--------|-----------------------------------|
| (State or other jurisdiction of incorporation) |   |   |   | (IRS Employer Identification No.) |
|                                                |   |        |   |                                   |

|                                     Class                                     | Outstanding at August 10, 2007 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                           |
| Common Stock, par value $0.001 per share                                                                                                                                                                                                                                                                                                                                                                                                              | 79,591,310                     |

----

|   |   | Page |
|--------|--------|------|

|                            | ITEM 1-- FINANCIAL STATEMENTS                                             |   1 |
|---------------------------------|---------------------------------------------------------------------------|---------------|
|                            |                                                                      |               |
|                            | ITEM 2-- MANAGEMENT'S DISCUSSION AND ANALYSIS      OR PLAN OF OPERATION   |   8 |
|                            |                                                                      |               |
|                            | ITEM 3-- CONTROLS AND PROCEDURES                                          | 14            |
|                            |                                                                      |               |
| **PART II - OTHER INFORMATION** |                                                                           |
|                            |                                                                      |               |
|                            | ITEM 1-- LEGAL PROCEEDINGS                                                | 15            |
|                            |                                                                      |               |
|                            | ITEM 2-- UNREGISTERED SALES OF EQUITY SECURITIES      AND USE OF PROCEEDS | 15            |
|                            |                                                                      |          |
|                            | ITEM 3-- DEFAULTS UPON SENIOR SECURITIES                                  | 15            |
|                            |                                                                      |          |
|                            | ITEM 4-- SUBMISSION OF MATTERS TO A VOTE OF      SECURITY HOLDERS         | 15            |
|                            |                                                                      |          |
|                            | ITEM 5-- OTHER INFORMATION                                                | 15            |
|                            |                                                                      |          |
|                            | ITEM 6-- EXHIBITS                                                         | 15            |
|                            |                                                                      |          |
|                            | SIGNATURES                                                                | 16            |
|                            |                                                                      |          |
|                            |                                                                      |          |

----

| **ASSETS**                                                                                                                                                                 |   |            |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------|--------|
| Current Assets:                                                                                                                                                            |   |       |   |
|           Cash                                                                                                           | $      | 6,830,277  |   |
|           Accounts      Receivable:                                                                                      |   |            |   |
|                     Oil      and Gas                                   |   | 504,587    |   |
|                     Related      Party                                 |   | 351,092    |   |
|           Total      Current Assets                                                                                      |   | 7,685,956  |   |
|                                                                                                                                                                       |   |            |   |
| Note Receivable                                                                                                                                                            |   | 1,532,767  |   |
|                                                                                                                                                                       |   |            |   |
| Oil and Gas Properties - successful efforts      method                                                                                                                    |   | 12,673,354 |   |
|           Less      Accumulated Depletion and Depreciation                                                               |   | (3,024,565 | )      |
|                     Oil      and Gas Properties (net)                  |   | 9,648,789  |   |
|                                                                                                                                                                       |   |            |   |
| Other Depreciable Assets:                                                                                                                                                  |   | 918,679    |   |
|           Less      Accumulated Depreciation                                                                             |   | (1,609     | )      |
|                     Other      Depreciable Assets (net)                |   | 917,070    |   |
| Total Assets                                                                                                                                                               | $      | 19,784,582 |   |
|                                                                                                                                                                       |   |       |   |
| **LIABILITIES**                                                                                                                                                            |   |       |   |
| Current Liabilities:                                                                                                                                                       |   |       |   |
|           Accounts      Payable                                                                                          | $      | 102,438    |   |
|           Payable      to Related Parties                                                                                |   | 943,325    |   |
|           Accrued      Expenses                                                                                          |   | 960,531    |   |
|           Current      Portion of Long-Term Debt                                                                         |   | 3,474,194  |   |
|                     Total      Current Liabilities                     |   | 5,480,488  |   |
|                                                                                                                                                                       |   |            |   |
|           Notes      Payable                                                                                             |   | 1,690,937  |   |
|           Notes      Payable - Related Parties                                                                           |   | 3,618,924  |   |
|           Less      Current Portion of Notes Payable                                                                     |   | (3,474,194 | )      |
|                     Total      Long-Term Debt                          |   | 1,835,667  |   |
|                                                                                                                                                                       |   |       |   |
|           Deferred      Tax Liability                                                                                    |   | 2,418,463  |   |
|                     Total      Liabilities                             |   | 9,734,618  |   |
|                                                                                                                                                                       |   |       |   |
|           Minority      Interest in Pipeline                                                                             |   | 958,584    |   |
|           Commitments      and Contingencies:                                                                            |   | -          |   |
|                     Contingent      Stock Based Compensation           |   | 144,070    |   |
|                                                                                                                                                                       |   |       |   |
| **Stockholders' Equity**                                                                                                                                                   |   |       |   |
|           Common      Stock, $.001 par,200,000,000 shares authorized 79,591,310 shares outstanding      on June 30, 2007 |   | 79,591     |   |
|                                                                                                                                                                       |   |            |   |
|           Additional      Paid-In-Capital                                                                                |   | 8,848,512  |   |
|           Retained      Earnings                                                                                         |   | 19,207     |   |
|                     Total      Stockholders' Equity                    |   | 8,947,310  |   |
|                     Total      Liabilities and Stockholders' Equity    | $      | 19,784,582 |   |
|                                                                                                                                                                       |   |       |   |

----

|                                                                                                                                                                                                                                                                                  | **Three Months Ended** | ** **                           | **Twelve Months Ended** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------|--------------------------------------|-------------------------|
|                                                                                                                                                                                                                                                                                  | ** **             | **June 30, 2007        (unaudited)** | ** **              | ** ** | **March 31, 2007        (audited)** | ** ** | ** ** | **December 31, 2006         (audited)** |   |
| **Revenues**                                                                                                                                                                                                                                                                          |                   |                                 |                    |   |   |   |   |   |   |
|           Oil      and Gas Sales                                                                                                                                                                                                    | $                      | 813,924                              |                    | $ | 814,400 |   | $ | 2,874,291 |   |
|           Sale      of Leases                                                                                                                                                                                                       |                   | -                                    |                    |   | 19,431 |   |   | 400,378 |   |
|           Other      Income                                                                                                                                                                                                         |                   | 65                                   |                    |   | 95,388 |   |   | 45,771 |   |
|                     Total      Revenue                                                                                                                                            |                   | 813,989                              |                    |   | 929,219 |   |   | 3,320,440 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                      |                    |   |  |   |   |  |   |
| **Costs and Expenses**                                                                                                                                                                                                                                                                |                   |                                      |                    |   |  |   |   |  |   |
|           Oil      & Gas Lease Operating Expenses                                                                                                                                                                                   |                   | 333,521                              |                    |   | 168,346 |   |   | 1,131,502 |   |
|           Severance      and Ad Valorem Taxes                                                                                                                                                                                       |                   | 48,936                               |                    |   | 40,962 |   |   | 163,523 |   |
|           Delay      Rentals                                                                                                                                                                                                        |                   | 43,615                               |                    |   | - |   |   | - |   |
|           Depletion      & Depreciation                                                                                                                                                                                             |                   | 286,131                              |                    |   | 372,256 |   |   | 1,856,365 |   |
|           General      & Administrative:                                                                                                                                                                                            |                   | 450,743                              |                    |   | 135,947 |   |   | 281,727 |   |
|           Interest,      net of capitalized interest of $141,012 and $113,706 for                          the periods ended 6/30/2007 and 3/31/2007, respectively |                   | -                                    |                    |   | 63,321 |   |   | 13,660 |   |
|                               Total      Costs and Expenses                                                                     |                   | 1,162,946                            |                    |   | 780,832 |   |   | 3,446,777 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                      |                    |   |  |   |   |  |   |
| Income from continuing operations      before income taxes                                                                                                                                                                                                                            |                   | (348,957)                            |                    |   | 148,387 |   |   | (126,337) |   |
|                                                                                                                                                                                                                                                                                  |                   |                                      |                    |   |  |   |   |  |   |
| Income from discontinued      operations:                                                                                                                                                                                                                                             |                   |                                      |                    |   |  |   |   |  |   |
|           Pipeline      Income                                                                                                                                                                                                      |                   | 35,277                               |                    |   | 69,156 |   |   | 319,093 |   |
|           Gain      on Sale of Pipeline                                                                                                                                                                                             |                   | 2,244,349                            |                    |   | - |   |   | - |   |
|           Income      from discontinued operations                                                                                                                                                                                  |                   | 2,279,626                            |                    |   | 69,156 |   |   | 319,093 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                      |                    |   |  |   |   |  |   |
| Interest Income                                                                                                                                                                                                                                                                       |                   | 23,332                               |                    |   | 55,811 |   |   | - |   |
| Income Tax Provision                                                                                                                                                                                                                                                                  |                   | (683,900                             | )                       |   | (1,421,148 | ) |   | - |   |
| Net (Loss) Income                                                                                                                                                                                                                                                                     | $                      | 1,270,101                            |                    | $ | (1,147,794 | ) | $ | 192,756 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |
| **Basic and Diluted Loss      per Common Share**                                                                                                                                                                                                                                      | $                      | 0.02                                 |                    | $ | (0.02 | ) |   |   |   |
| **Weighted Average Common Shares Outstanding**                                                                                                                                                                                                                                        |                   | 76,524,026                           |                    |   | 69,616,786 |   |   |   |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |
| **Pro-Forma Earnings Per Share**                                                                                                                                                                                                                                                      |                   |                                 |                    |   |   |   |   |   |   |
|           Net      Income                                                                                                                                                                                                           |                   |                                 |                    |   |   |   | $ | 192,756 |   |
|           Proforma      Income Tax Expense at Statutory Rate (35%)                                                                                                                                                                  |                   |                                 |                    |   |   |   |   | (67,465 | ) |
|           Proforma      Net Income                                                                                                                                                                                                  |                   |                                 |                    |   |   |   | $ | 125,291 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |
| **Proforma Weighted Average      Shares Outstanding**                                                                                                                                                                                                                                 |                   |                                 |                    |   |   |   |   | 68,129,310 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |
| **Proforma Basic and Diluted      Earnings Per Share**                                                                                                                                                                                                                                |                   |                                 |                    |   |   |   | $ | 0.00 |   |
|                                                                                                                                                                                                                                                                                  |                   |                                 |                    |   |   |   |   |   |   |

----

|                                                                                                                                                                                                                                                                | **Three Months Ended** | ** **                           | **Year Ended** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------|--------------------------------------|----------------|
| **Operating Activities:**                                                                                                                                                                                                                                           | ** **             | **June 30, 2007        (unaudited)** | ** **     | ** ** | **March 31, 2007        (audited)** | ** ** | ** ** | **December 31, 2006         (audited)** |   |
|           Net      (Loss) Income                                                                                                                                                                                  | $                      | 1,270,101                            |           | $ | (1,147,794 | ) | $ | 192,756 |   |
|                     Adjustments      to reconcile net cash from operating activities:                                                                           |                   |                                      |           |   |  |   |   |  |   |
|                     Income      Tax Expense                                                                                                                     |                   | 683,900                              |           |   | 1,421,148 |   |   | - |   |
|                     Depletion,      Depreciation, & Amortization                                                                                                |                   | 286,131                              |           |   | 372,256 |   |   | 1,856,365 |   |
|                     Note      Accretion                                                                                                                         |                   | 35,000                               |           |   | 41,487 |   |   | 128,334 |   |
|                     Stock      included in compensation                                                                                                         |                   | 144,070                              |           |   | - |   |   | - |   |
|           Changes      in Operating Assets and Liabilities                                                                                                                                                        |                   |                                      |           |   | - |   |   | - |   |
|                     Cash      Overdraft                     |                   | -                                    |           |   | - |   |   | 186,912 |   |
|                     Changes      in Other Assets                                                                                                                |                   | -                                    |           |   | 13,454 |   |   | (13,455 | ) |
|                     Changes      in Accrued Liabilities                                                                                                         |                   | 37,027                               |           |   | - |   |   | 86,667 |   |
|                     Change      in Related Party Receivables/Payables                                                                                           |                   | 25,902                               |           |   | (516,714 | ) |   | (543,483 | ) |
|                     Changes      in Other Receivables                                                                                                           |                   | 63,389                               |           |   | (63,389 | ) |   | 2,324 |   |
|                     Change      in Revenue Receivables                                                                                                          |                   | (9,387                               | )              |   | (495,201 | ) |   | 86,762 |   |
|                     Changes      in Accounts Payable                                                                                                            |                   | (193,131                             | )              |   | 704,151 |   |   | - |   |
|           Net      Cash provided from operating activities                                                                                                                                                        |                   | 2,343,002                            |           |   | 329,398 |   |   | 1,983,182 |   |
|           Net      Cash provided (used) from discontinued operations                                                                                                                                              |                   | 4,964,152                            |           |   | (1,479,639 | ) |   | (1,770,835 | ) |
|           Net      Cash provided (used) by operating activities and discontinued operations                                                                                                                       |                   | 7,307,154                            |           |   | (1,150,241 | ) |   | 212,347 |   |
|                                                                                                                                                                                                                                                                |                   |                                      |           |   |  |   |   |  |   |
| **Investing Activities:**                                                                                                                                                                                                                                           |                   |                                      |           |   |  |   |   |  |   |
|           Oil      & Gas Drilling, Completing and Leasehold Acquisition Costs                                                                                                                                     |                   | (960,681                             | )              |   | (2,091,787 | ) |   | (6,371,739 | ) |
|           Change      in Drilling Reimbursements in Excess of Costs                                                                                                                                               |                   | -                                    |           |   | (1,962,407 | ) |   | 492,160 |   |
|           Change      in Related Party Payable related to drilling                                                                                                                                                |                   | (3,826,575                           | )              |   | - |   |   | 2,220,498 |   |
|           Deposits                                                                                                                                                                                                |                   | -                                    |           |   | - |   |   | 200,000 |   |
|           Investment      in Other Depreciable Assets                                                                                                                                                             |                   | (918,679                             | )              |   | - |   |   | - |   |
|           Note      Receivable Collections                                                                                                                                                                        |                   | 81,451                               |           |   | 987,022 |   |   | - |   |
|           Net      Cash used in investing activities                                                                                                                                                              |                   | (5,624,484                           | )              |   | (3,067,172 | ) |   | (3,459,081 | ) |
|                                                                                                                                                                                                                                                                |                   |                                      |           |   |  |   |   |  |   |
| **Financing Activities**                                                                                                                                                                                                                                            |                   |                                      |           |   |  |   |   |  |   |
|           Notes      Payable (Payments) Advances                                                                                                                                                                  |                   | (1,950,000                           | )              |   | 999,667 |   |   | 704,466 |   |
|           Changes      in Notes Payable Related Party                                                                                                                                                             |                   | -                                    |           |   | - |   |   | 1,264,957 |   |
|           Net      cash received from common stock subscriptions                                                                                                                                                  |                   | 6,885,353                            |           |   | 3,430,000 |   |   | - |   |
|           Net      Cash provided from financing activities.                                                                                                                                                       |                   | 4,935,353                            |           |   | 4,429,667 |   |   | 1,969,423 |   |
|                                                                                                                                                                                                                                                                |                   |                                      |           |   |  |   |   |  |   |
| Net Increase in cash                                                                                                                                                                                                                                                |                   | 6,618,023                            |           |   | 212,254 |   |   | (1,263,552 | ) |
|                                                                                                                                                                                                                                                                |                   |                                      |           |   |  |   |   |  |   |
| Cash - Beginning of the period                                                                                                                                                                                                                                      |                   | 212,254                              |           |   | - |   |   | 1,263,552 |   |
|                                                                                                                                                                                                                                                                |                   |                                      |           |   |  |   |   |  |   |
| Cash - End of the period                                                                                                                                                                                                                                            | $                      | 6,830,277                            |           | $ | 212,254 |   | $ | - |   |
|                                                                                                                                                                                                                                                                |                   |                                 |           |   |   |   |   |   |   |

----

|                                                                                                                                      | **Three Months Ended** | ** **                           | **Year Ended** |
|-------------------------------------------------------------------------------------------------------------------------------------------|------------------------|--------------------------------------|----------------|
|                                                                                                                                      | ** **             | **June 30, 2007        (unaudited)** | ** **     | ** ** | **March 31, 2007        (audited)** | ** ** | ** ** | **December 31, 2006         (audited)** |   |
| **Supplemental Disclosure of Cash Flow Information**                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|           Cash      paid during period for:                                             |                   |                                 |           |   |   |   |   |   |   |
|                     Interest          | $                      | 59,993                               |           | $ | 73,234 |   | $ | 185,284 |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                     Income      Taxes |                   | -                                    |           |   | - |   |   | - |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
| **Non Cash Investing and Financing Activities**                                                                                           |                   |                                 |           |   |   |   |   |   |   |
|           Contribution      of Note Receivable                                          | $                      | -                                    |           | $ | 2,601,240 |   | $ | - |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|           Contribution      of Note Payable                                             | $                      | -                                    |           | $ | (1,950,000 | ) | $ | - |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|           Conversion      of Note Payable to Minority Interest                          | $                      | -                                    |           | $ | (1,490,000 | ) | $ | - |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|           Contribution      of Related Party Receivable/Payables                        | $                      | -                                    |           | $ | 651,240 |   | $ | - |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |
|                                                                                                                                      |                   |                                 |           |   |   |   |   |   |   |

----

|                                 | Quarter Ended         June 30, 2007 |   |
|--------------------------------------|-------------------------------------|--------|
| Beginning Balance                    | 71,954,262                          |   |
| Private Placement shares issued      | 7,636,551                           |   |
| Shares outsanding June 30,      2007 | 79,590,813                          |   |
|                                 |                                |   |

----

|                               | Year Ending March 31 |    |
|-------------------------------|----------------------|---------|
|                          |                 | 2008    |   |   | 2009 |   |   | 2010 |   |
| Restricted Stock Compensation | $                    | 581,137 |   | $ | $195,336 |   | $ | - |   |
| Stock Option Compensation     |                 | 39,382  |   |   | 21,256 |   |   | 9,232 |   |
|                          | $                    | 620,519 |   | $ | 216,592 |   | $ | 9,232 |   |
|                          |                 |    |   |   |   |   |   |   |   |

|                                             |   | June 30, 2007 |   |
|--------------------------------------------------|--------|---------------|--------|
| Total Proceeds                                   | $      | 15,000,000    |   |
| Closing adjustment for unpaid capital      calls |   | (900,000      | )      |
| Net Proceeds                                     |   | 14,100,000    |   |
| Basis in the pipeline                            |   | (8,827,299    | )      |
| Gain on sale                                     | $      | 5,272,701     |   |
|                                             |   |          |   |

|                                                        |   | Three Months         Ended         June 30, 2007 |   |   | Three Months         Ended        March 31, 2007 |   |
|-------------------------------------------------------------|--------|--------------------------------------------------|--------|--------|--------------------------------------------------|--------|
| Minority Interest at beginning      of the quarter          | $      | 4,685,301                                        |   | $      | 2,316,205                                        |   |
|                                                        |   |                                                  |   |   |                                                  |   |
| Conversion of Note Payable      to Minority Interest Equity |   | -                                                |   |   | 1,490,000                                        |   |
| Capital Contributions                                       |   | 144,446                                          |   |   | 772,820                                          |   |
| Operating Income Allocation                                 |   | 48,328                                           |   |   | 106,276                                          |   |
| Allocation of Gain on Sale                                  |   | 3,024,120                                        |   |   | -                                                |   |
| Cash Distributions                                          |   | (6,943,611                                       | )      |   | -                                                |   |
| Minority Interest at March 31, 2007                         | $      | 958,584                                          |   | $      | 4,685,301                                        |   |
|                                                        |   |                                             |   |   |                                             |   |

----

|                           |   | June 30, 2007 |   |
|--------------------------------|--------|---------------|--------|
| Workover Drilling      Rig     | $      | 676,491       |   |
| Swab Rig                       |   | 175,000       |   |
| Other                          |   | 67,188        |   |
| Total Other Depreciable Assets | $      | 918,679       |   |
|                           |   |          |   |

----

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|                        | Fiscal year ended March 31 |   |
|-----------------------------|----------------------------|--------|
|                        | 2008                       |   | 2009 |   | 2010 |   |
| Office Lease                | 111,000                    |        | 150,000 |  | 132,000 |   |
| Mineral Lease loans         | 100,000                    |        | 100,000 |  |  |   |
| 1st State Bank Note         | 79,600                     |        |  |  |  |   |
| Related Party Notes Payable | 3,294,594                  |        | 324,330 |  |  |   |

----

----

| EXHIBIT NUMBER |   | DESCRIPTION                                                                                                                                                                                       |
|----------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |   |                                                                                                                                                                                              |
| 10.1           |   | Purchase and Sale Agreement by and between      ReoStar Energy Corporation and Cimmarron Gathering, LP dated June 6, 2007.      (Incorporated by reference to the Form 8-K filed on June 6, 2007) |
|           |   |                                                                                                                                                                                              |
| 31.1           |   | CEO Certification pursuant to Section 302 of      the Sarbanes-Oxley Act of 2002                                                                                                                  |
| 31.2           |   | CFO Certification pursuant to Section 302 of      the Sarbanes-Oxley Act of 2002                                                                                                                  |
| 32.1           |   | CEO Certification pursuant to 18 U.S.C. Section      1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                                   |
| 32.2           |   | CFO Certification pursuant to 18 U.S.C. Section      1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                                   |
|           |   |                                                                                                                                                                                              |
|           |   |                                                                                                                                                                                              |

----

|            | REOSTAR ENERGY CORPORATION                                                                                                                                                                                                                                                  |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| August 14, 2007 |                                                                                                                                                                                                                                                                        |
|       | By /s/ Mark S. Zouvas                                          |
|            | Mark S. Zouvas, Chief Executive Officer                                                                                                                                                                                                                                     |
|            |                                                                                                                                                                                                                                                                        |
|            |                                                                                                                                                                                                                                                                        |

----

| EXHIBIT NUMBER |   | DESCRIPTION                                                                                                                                                                                       |
|----------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |   |                                                                                                                                                                                              |
| 10.1           |   | Purchase and Sale Agreement by and between      ReoStar Energy Corporation and Cimmarron Gathering, LP dated June 6, 2007.      (Incorporated by reference to the Form 8-K filed on June 6, 2007) |
|           |   |                                                                                                                                                                                              |
| 31.1           |   | CEO Certification pursuant to Section 302 of      the Sarbanes-Oxley Act of 2002                                                                                                                  |
| 31.2           |   | CFO Certification pursuant to Section 302 of      the Sarbanes-Oxley Act of 2002                                                                                                                  |
| 32.1           |   | CEO Certification pursuant to 18 U.S.C. Section      1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                                   |
| 32.2           |   | CFO Certification pursuant to 18 U.S.C. Section      1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                                   |
|           |   |                                                                                                                                                                                              |
|           |   |                                                                                                                                                                                              |

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