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 *   Lubar Equity Fund, LLC 2. Date of Event Requiring Statement (Month/Day/Year) 09/15/2009 3. Issuer Name and Ticker or Trading Symbol HALLADOR PETROLEUM CO [HCPO] (Last) (First) (Middle) 700 N. WATER STREET SUITE 1200,  4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) MILWAUKEE, WI 53202 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ 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) Common Stock, par value $0.01 per share 2,788,685 D (1) Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Lubar Equity Fund, LLC 700 N. WATER STREET SUITE 1200 MILWAUKEE, WI 53202	Â	  X	Â	Â
Lubar & Co., Inc 700 NORTH WATER STREET SUITE 1200 MILWAUKEE, WI 53202	Â	  X	Â	Â
LUBAR DAVID J 770 NORTH WATER STREET SUITE 1200 MILWAUKEE, WI 53202	Â	  X	Â	Â

Signatures

Lubar Equity Fund, LLC BY /s/ David J. Lubar		09/23/2009
**Signature of Reporting Person		Date
Lubar & Co., Incorporated BY /s/ David J. Lubar, President		09/23/2009
**Signature of Reporting Person		Date
/s/ David J. Lubar		09/23/2009
**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).
(1)	These securities are owned by Lubar Equity Fund, LLC ("LEF"), which is filing this report as a joint filer with David J. Lubar ("Mr. Lubar") and Lubar & Co., Incorporated ("Lubar & Co."). Lubar & Co., as manager of LEF, and Mr. Lubar, as a director of Lubar & Co., may be deemed to share voting and dispositive power as to the shares held by LEF. Mr. Lubar and Lubar & Co. disclaim beneficial ownership in the shares owned by LEF, except to the extent of their respective pecuniary interest therein. Information regarding the joint filers is attached hereto as Exhibit 99.

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