UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): February 19, 2008
 
ULTRA PETROLEUM CORP.
(Exact name of registrant as specified in its charter)
 
 
Yukon Territory, Canada 
 0-29370
 N/A
(State or other jurisdiction
 (Commission File Number)
 (I.R.S. Employer
  of incorporation)
 
Identification No.)
 
363 N. Sam Houston Parkway East
Suite 1200
Houston, Texas 77060
(Address of principal executive offices, including zip code)
 
Registrant's telephone number, including area code:  (281) 876-0120
 
(Former name or former address, if changed since last report.)


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:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




 
Item 7.01. Regulation FD Disclosure
 
Ultra Petroleum Corp. (the “Company”) issued a news release today announcing production guidance for 2008, 2009 and 2010; and a $755.0 million capital budget program for 2008. The press release is attached to this Report as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits
 
(d)
Exhibits 
 
  Exhibit No. Description
99.1
News Release dated February 19, 2008.





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.
 
     
  ULTRA PETROLEUM CORP.
 
 
 
 
 
 
February 19, 2008 By:   /s/ Michael D. Watford
 
Name: Michael D. Watford
  Title:   Chairman, President and Chief Executive Officer

 



EXHIBIT INDEX
 
Exhibit No.   Description
99.1  
News Release dated February 19, 2008