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 2.02.
Results of Operations and Financial Condition.

Ultra Petroleum Corp. (the “Company”) issued a news release today, attached as Exhibit 99.1, announcing the Company’s production and earnings for year ended December 31, 2007. The news release contains certain non-GAAP financial information. The reconciliation of such non-GAAP financial information to GAAP financial measures is included in the news release.

The information presented in this Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into any filing under the Securities Act or 1933, as amended, except as expressly set forth in such filing.
 
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