FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Form 3 Holdings Reported Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN 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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1. Name and Address of Reporting Person * Sere J Darby 2. Issuer Name and Ticker or Trading Symbol GeoMet, Inc. [GMET] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President and CEO (Last) (First) (Middle) 909 FANNIN STREET, SUITE 1850 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2006 (Street) HOUSTON, TX 77010 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Reporting (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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Amount (A) or (D) Price Common Stock 12/22/2006   G 119,436 (1) D $ 0 452,836 (2) D   Common Stock 12/22/2006   G 102,736 (3) A $ 0 102,736 (3) I By charitable family foundation Common Stock             391,891 (4) I By investment limited partnership Common Stock             641 (5) I By controlled corporation

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

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

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction 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 (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Sere J Darby 909 FANNIN STREET SUITE 1850 HOUSTON, TX 77010	  X	Â	  President and CEO	Â

Signatures

J. Darby Sere'		02/09/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Represents 102,736 shares donated by the reporting person to a charitable family foundation, of which the reporting person shares dispositive power and voting control, and 16,700 shares donated by the reporting person to unaffiliated charitable organizations.
(2)	Includes 63,468 shares that were previously reported as being indirectly beficially owned by an investment limited partnership that were distributed by the investment limited partnership to the reporting person on 11/28/06 and includes 4,614 restricted shares that vest upon the achievement of certain performance targets by GeoMet, Inc.
(3)	These shares were previously reported as directly beneficially owned by the reporting person but were donated by the reporting person on 12/22/06 to a charitable family foundation, of which the reporting person shares dispositive power and voting control.
(4)	Represents 456,000 shares that were previously reported as indirectly beneficially owned by an investment limited partnership, less 64,109 shares that were distributed by the investment limited partnership to its partners on 11/28/06.
(5)	These shares were previously reported as indirectly beneficially owned by an investment limited partnership but were distributed to the controlled corporation on 11/28/06.

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