FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HEUVELEN JOHN VAN 		2. Issuer Name and Ticker or Trading Symbol

HALLADOR PETROLEUM CO [ HPCO ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

363 HIGH STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/25/2009
(Street)

DENVER, CO 80218
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01   9/25/2009     A (1)    16667   (1) A $6   36667   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit     (1) 9/25/2009   (1)   J   (1)       100000   (1)     (1) 9/17/2014   common stock,par value $.01   100000     (1) 0   D    

Explanation of Responses:
( 1)  The reporting person was originally granted 100,000 Restricted Stock Units on September 17, 2009 which vested 100% on September 17, 2014. The Board concluded to change the reporting person's compensation effective September 25, 2009 and cancelled the 100,000 Restricted Stock Units. The reporting person shall receive $100,000 per year which he can choose to be paid either in Company stock or in cash. For the first year, the reporting person will receive 16,667 shares of the Company's common stock, based on a share price of $6.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HEUVELEN JOHN VAN
363 HIGH STREET
DENVER, CO 80218 		X



Signatures
Victor P. Stabio, AIF for John Van Heuvelen 9/29/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Hempacco (CE) (USOTC:HPCO)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Hempacco (CE) Charts.
Hempacco (CE) (USOTC:HPCO)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Hempacco (CE) Charts.