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| Nevada                                                         | 20-0237026                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

| 2549 West Main Street, Suite 202, Littleton, Colorado | 80120           |    |
|------------------------------------------------------------------------------------------|-----------------|--------------|
| (Address of principal executive offices)                             | (Zip Code) |         |

| (303) 798-5235                                             |
|------------------------------------------------------------|
| (Registrant’s telephone number, including area code) |

| Large accelerated filer o | Accelerated filer o         |
|---------------------------|-----------------------------|
|                      |                        |
| Non-accelerated filer o   | Smaller reporting company x |

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| Exhibit  |   | Description of Exhibit                                                                                                                     |
|----------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|     |   |                                                                                                                                                 |
| 10.39* ^ |   | Purchase and Sale Agreement by and among Eternal Energy Corp., American Eagle Energy Inc. and NextEra Energy Gas Producing, LLC, dated May 17, 2011. |
| 10.40* ^ |   | Purchase and Sale Agreement by and among Eternal Energy Corp., American Eagle Energy Inc. and NextEra Energy Gas Producing, LLC, dated May 17, 2011. |
| 31.1*    |   | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                             |
| 32.1*    |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.    |

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| ETERNAL ENERGY CORP. |                                                                                                                  |   |
|----------------------|-----------------------------------------------------------------------------------------------------------------------|--------|
|                 |                                                                                                                  |   |
| (Registrant)         |                                                                                                                  |   |
|                 |                                                                                                                  |   |
| October 10, 2011     | /s/ Bradley M. Colby                                                                                                  |   |
|                 | Bradley M. Colby                                                                                                      |   |
|                 | President and Chief Executive Officer(Principal Executive, Financial and Accounting Officer) |   |
|                 |                                                                                                                  |   |
|                 |                                                                                                                  |   |
|                 |                                                                                                                  |   |
|                 |                                                                                                                  |   |

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