Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
OLIVER ERIC L
   2. Issuer Name and Ticker or Trading Symbol
AMEN PROPERTIES INC [AMEN] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
303 W. WALL STREET SUITE 2300		 3. Date of Earliest Transaction (Month/Day/Year)
08/31/2007
(Street)

MIDLAND, TX 79701		 4. If Amendment, Date Original Filed(Month/Day/Year)
09/05/2007		 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 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 Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1)               129,985 I See Footnote (2)
Common Stock 08/31/2007   C   10,272 A $ 3.24 140,257 D  
Common Stock 08/31/2007   C   56,252 A $ 4 196,509 D  
Common Stock 08/31/2007   X   9,375 A $ 4 205,884 D  
Common Stock 08/31/2007   C   26,198 A $ 3.24 232,082 I Children
Common Stock 08/31/2007   C   115,584 A $ 3.24 347,666 I SoftSearch Investments, LP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (1) (3)               (4)   (5) Common Stock 5,193   5,193 D  
Warrants (1) $ 4             03/01/2005   (6) Common Stock 28,126   33,319 D  
Class A Preferred Stock (1) $ 3.24             09/29/2000   (6) Common Stock 113,526   146,845 D (7)  
Class B Preferred Stock (1) $ 3.24             01/09/2002   (6) Common Stock 38,528   185,373 I Softsearch Investments, LP
Class C Preferred Stock (1) $ 4             03/01/2005   (6) Common Stock 56,252   241,625 D  
Warrants $ 4 08/31/2007   X     9,375 03/01/2005   (6) Common Stock 9,375 $ 4 232,250 D  
Class A Preferred Stock $ 3.24 08/31/2007   C     113,526 09/29/2000   (6) Common Stock 113,526 $ 3.24 118,724 D (7)  
Class B Preferred Stock $ 3.24 08/31/2007   C     38,528 01/09/2002   (6) Common Stock 38,528 $ 3.24 80,196 I SoftSearch Investments, LP
Class C Preferred Stock $ 4 08/31/2007   C     56,252 03/01/2005   (6) Common Stock 56,252 $ 4 23,944 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
OLIVER ERIC L
303 W. WALL STREET SUITE 2300
MIDLAND, TX 79701		   X      

Signatures

 /s/ Eric Oliver   09/13/2007
**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) Previously Reported
(2) 76,813 shares owned by SoftVest LP; 2,907 shares owned by Lighthouse Partners, LP; 27,253 shares owned by SoftSearch Investments, LP; 23,012 shares owned by children
(3) Option strike prices range from $4.60 to $5.12
(4) Option exercisable dates range from 7/16/01 to 2/12/02
(5) Option expiration dates range from 7/16/11 to 2/12/12
(6) No expiration date.
(7) 10,272 derivative securities owned directly; 26,198 derivative securities owned by children; 77,056 derivative securities owned by SoftSearch Investments, LP

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