Edgar Filing: Peara Tim

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Peara Tim

2. Date of Event Requiring Statement (Month/Day/Year)
09/18/2009

3. Issuer Name and Ticker or Trading Symbol
Siberian Energy Group Inc. [SIBN.OB]

(Last)

(First)

(Middle)

275 MADISON AVE,Â 6TH FLOOR

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10016

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	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.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option	10/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	09/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	08/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	07/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	06/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	05/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	04/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	03/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	02/01/2006	12/31/2010	Common Stock	7,500	$ 0.6	D	Â
Stock Option	01/01/2006	12/31/2010	Common Stock	17,500	$ 0.6	D	Â
Stock Option	12/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	11/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	10/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	09/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	08/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	07/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	06/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	05/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	04/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	03/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	02/01/2005	12/31/2009	Common Stock	7,500	$ 0.6	D	Â
Stock Option	01/01/2005	12/31/2009	Common Stock	17,500	$ 0.6	D	Â
Stock Option	03/31/2006	03/31/2009	Common Stock	17,561	$ 0.67	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	06/30/2006	06/30/2009	Common Stock	20,412	$ 2.02	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	09/30/2006	09/30/2009	Common Stock	20,952	$ 1.53	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	12/31/2006	12/31/2009	Common Stock	38,648	$ 1.44	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	03/31/2007	03/31/2010	Common Stock	48,925	$ 1.1	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	06/30/2007	06/30/2010	Common Stock	55,233	$ 1.14	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	09/30/2007	09/30/2010	Common Stock	51,352	$ 0.74	I	Through Control of Alternative Energy Finance Ltd.
Stock Option	12/31/2007	12/31/2010	Common Stock	78,130	$ 0.46	I	Through Control of Alternative Energy Finance Ltd.

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Peara Tim 275 MADISON AVE 6TH FLOOR NEW YORK,Â NYÂ 10016	Â X	Â	Â	Â

Signatures

/s/ Timothy Peara		09/17/2009
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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.

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