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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MOONEY EDWARD P
2. Issuer Name and Ticker or Trading Symbol

COLOMBIA ENERGY RESOURCES, INC. [ CERX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

245 SIR FRANCIS DRAKE BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/20/2013
(Street)

SAN ANSELMO, CA 94960
(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                  11601101   I   LLC   (1)
Common Stock                  417482   I   Trust   (2)
Common Stock   2/20/2013     J (3)    10792   D $0   0   D    
Common Stock   2/20/2013     J (3)    11194   D $0   14850   I   Children   (4)

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
Options   $2.5                      (5) 12/25/2015   Common Stock   50000     50000   D    
Options   $5                      (5) 12/28/2015   Common Stock   50000     100000   D    
Series A Preferred     (6)                    (6)   (6) Common Stock   40000     8600   (7) I   LLC   (1)
Warrants   $0.01                    12/21/2010   5/31/2016   Common Stock   32000     32000   I   LLC   (1)
Warrants   $0                    6/2/2011   5/31/2016   Common Stock   2800   (7)   34800   I   LLC   (1)
Restricted Stock Units   $0                      (8)   (8) Common Stock   35700     135700   D    
Restricted Stock Units   $0                      (9)   (9) Common Stock   83333     219033   D    

Explanation of Responses:
( 1)  Represents securities owned by LIFE Power & Fuels, LLC, a Delaware limited liability ("LIFE"). The Reporting Person is the Managing Member of LIFE, but disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 2)  Represents common stock held by Edward P. and Teresa M. Mooney Revocable Living Trust.
( 3)  Volunitarily returned shares to Issuer.
( 4)  Represents common stock held by children of Edward P. Mooney.
( 5)  Vesting: 3 years, 25% immediate and 25% on each anniversary for 3 years.
( 6)  Each share of Series A Preferred Stock is convertible into five shares of common stock, and is convertible at any time without expiration.
( 7)  The Reporting Person received (i) 8,000 shares of Series A convertible preferred stock at a deemed purchase price of $10.00 per share, and (ii) warrants to purchase 2,800 shares of Common Stock at an exercise price of $0.01 per share, in consideration for the cancellation by the Issuer of a convertible promissory note issued to the Reporting Person in the principal amount of $80,000 due June 30, 2012.
( 8)  The restricted stock units ("RSUs") vested on May 8, 2012 and will expire at the end of the director's term. If the diretor resigns for cause or is removed for cause before the end of his term, the RSUs would lapse. However, if the director resigns for health or other appropriate reasons, his RSUs would vest immediately. The director is not permitted to sell the vested shares until he is no longer a director.
( 9)  The restricted stock units ("RSUs") will vest on the date of the 2013 annual meeting of stockholders and will expire at the end of the director's term. If the diretor resigns for cause or is removed for cause before the end of his term, the RSUs would lapse. However, if the director resigns for health or other appropriate reasons, his RSUs would vest immediately. The director is not permitted to sell the vested shares until he is no longer a director.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MOONEY EDWARD P
245 SIR FRANCIS DRAKE BOULEVARD
SAN ANSELMO, CA 94960
X
Interim CEO

Signatures
/s/ Edward P. Mooney 2/20/2013
** 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.
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