U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: April 19, 2006 TIDELANDS OIL & GAS CORPORATION (Exact Name of registrant as specified in its Charter) Nevada 0-29613 66-0549380 ---------------------- ------------------ ------------------ State of Incorporation Commission File No. I.R.S. Employer Identification No. 1862 West Bitters Rd. San Antonio, TX 78248 ----------------------------------------- ------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, ( 210 ) 764 - 8642 ----------- ------------- -------- (Registrant's former name and address) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions below: [_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240-14d-2(b)) [_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year On April 19, 2006, Tidelands Oil & Gas Corporation amended it articles of incorporation increasing its authorized common stock capital from One Hundred Million (100,000,000) shares, par value $0.001 per share to Two Hundred Fifty Million (250,000,000) shares, par value $0.001 per share. On April 17, 2006, this amendment was approved by 77.5 % of our shareholders by written consent in lieu of a special meeting. A copy of the amendment is attached as Exhibit 3. Item 9.01 Financial Statements and Exhibits (c) Exhibits Item Number Description 3.0 Certificate of Amendment to Articles of Incorporation of Tidelands Oil & Gas Corporation dated April 19, 2006 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TIDELANDS OIL & GAS CORPORATION Dated: April 24, 2006 /s/Michael Ward ------------------------------- By: Michael Ward Title: President, CEO