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) October 15, 2002



                           CANARGO ENERGY CORPORATION
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             (Exact Name of Registrant as Specified in its Charter)


          Delaware                     0-9147                     91-0881481
----------------------------   ------------------------     --------------------
(State or other jurisdiction   (Commission File Number)     (I.R.S. Employer
      of incorporation)                                      Identification No.)


  CanArgo Services (UK) Limited
   150 Buckingham Palace Road
          London, England                                 SW1W 9TR
------------------------------------------------- ---------------------------
     (Address of principal executive offices)             (Zip Code)




Registrant's telephone number, including area code     (44) 207 808 4700




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          (Former Name or Former Address, if Changed Since Last Report)





ITEM 7. Financial Statements and Exhibits.

(c)  Exhibits


99.1 Pursuant to Regulation FD, CanArgo Energy Corporation is furnishing its
     Press Release dated October 15, 2002.


ITEM 9. Regulation FD Disclosure.


Pursuant to Regulation FD, CanArgo Energy Corporation is furnishing its Press
Release dated October 15, 2002. The Press Release is attached hereto as Exhibit
99.1.

                                   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 thereunto duly authorized.



                                                  CANARGO ENERGY CORPORATION
 Date: October 15, 2002                             By: /s/Liz Landles
                                                       ----------------
                                               Liz Landles, Corporate Secretary