---

TABLE OF CONTENTS



|          |                                                                                                      |  |  |      |  | 
|--------- | ---------------------------------------------------------------------------------------------------- |  |  | ---- |  | 
|          |                                                                                                      |  |  | Page
|          |                                                                                                      |  |  |     
|PART I.   |                                                                                                      |  |  |     
|          | Item     1.     Description of Business                                                              |  |  | 3    | 
|          | Item     2.     Description of Property                                                              |  |  | 7    | 
|          | Item     3.     Legal Proceedings                                                                    |  |  | 7    | 
|          | Item     4.     Submission of Matters to a Vote of Security Holders                                  |  |  | 7    | 
|PART II.  |                                                                                                      |  |  |     
|          | Item     5.     Market for Common Equity and Related Stockholder Matters                             |  |  | 8    | 
|          | Item     6.     Management's Discussion and Analysis or Plan of Operation                            |  |  | 8    | 
|          | Item     7.     Financial Statements                                                                 |  |  | 12   | 
|          | Item     8.     Changes in and Disagreements with Accountants on Accounting and Financial Disclosure |  |  | 13   | 
|          | Item     8A.     Controls and Procedures                                                             |  |  | 13   | 
|PART III. |                                                                                                      |  |  |     
|          | Item     9.     Directors and Executive Officer                                                      |  |  | 13   | 
|          | Item     10.     Executive Compensation                                                              |  |  | 15   | 
|          | Item     11.     Security Ownership of Certain Beneficial Owners and Management                      |  |  | 16   | 
|          | Item     12.     Certain Relationships and Related Transactions                                      |  |  | 16   | 
|          | Item     13.     Exhibits, List and Reports on Form 8-K                                              |  |  | 16   | 
|          | Item     14.     Principal Accountant Fees and Services                                              |  |  | 17   | 
|          | Signatures                                                                                           |  |  | 18   | 
|          | Index to Exhibits                                                                                    |  |  | 19   | 
|          |                                                                                                      |  |  |     

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

---

### INDEX TO EXHIBITS

|Exhibit No. | Page No. | Description                                                                                                                                                                                                                                                                                                            
|----------- | -------- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3(i)(a)     | *        | Articles of Incorporation of Star (incorporated by reference from the Form 10-SB filed with the
                           Securities and Exchange Commission on February 3, 2000).                                                                                                                                    
|3(i)(b)     | *        | Amended Articles of Incorporation of Star (incorporated by reference from the Form 10-KSB filed with
                           the Securities and Exchange Commission on March 11, 2003).                                                                                                                             
|3(ii)       | *        | Bylaws of Star (incorporated by reference from the Form 10-SB filed with the Securities and Exchange
                           Commission on February 3, 2000).                                                                                                                                                       
|10(i)       | *        | Assignment and Bill of Sale between Star and Monument Resources, Inc. in connection with that
                           acquisition of the Galvan Ranch wells interest (incorporated by reference from the Form 10-QSB filed with
                           the Securities and Exchange Commission on July 17, 2003).
|14          | Attached | Code of Ethics adopted March 1, 2004                                                                                                                                                                                                                                                                                   
|31(a)       | Attached | Certification of the Chief Executive Officer pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934,
                           as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                          
|31(b)       | Attached | Certification of the Chief Financial Officer pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934,
                           as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                          
|32(a)       | Attached | Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002.                                                                                                                                                                  
|32(b)       | Attached | Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002.                                                                                                                                                                  

* Incorporated by reference from
previous filings of Star.

---