UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
PENGE CORP.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001
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(Title of Class of Securities)
70705P 10 5
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(CUSIP Number)
DECEMBER 31, 2006
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
SEC 1745 (3-06) 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.
Page 1 of 5 Pages
CUSIP No. 70705P 10 5
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CURTIS SCHMID
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization
UNITED STATES
Number of 5. Sole Voting Power 1,683,333
Shares Bene-
ficially 6. Shared Voting Power -0-
Owned by Each
Reporting 7. Sole Dispositive Power 1,683,333
Person With:
8. Shared Dispositive Power -0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
THE REPORTING PERSON IS THE BENEFICIAL OWNER OF 1,683,333
SHARES OF THE COMMON STOCK.
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11. Percent of Class Represented by Amount in Row (9) 6.9%
12. Type of Reporting Person (See Instructions) IN
Page 2 of 5 Pages
CUSIP No. 70705P 10 5
ITEM 1.
(a) Name of Issuer: PENGE CORP. (THE "COMPANY")
(b) Address of Principal Executive Offices: 1501 NORTH FAIRGROUNDS,
MIDLAND, TX 79705
ITEM 2.
(a) Name of Persons Filing: CURTIS SCHMID (THE "REPORTING
PERSON")
(b) Address of Principal Business Office, if none, Residence:
PRINCIPAL BUSINESS OFFICE OF THE REPORTING PERSON IS 4011
TODD ROAD, MIDLAND, TX 79705
(c) Citizenship: UNITED STATES
(d) Title of Class of Securities: COMMON STOCK, PAR VALUE $0.001
(THE "COMMON STOCK")
(e) CUSIP Number: 70705P 10 5
ITEM 3.
This statement is not filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or
(c).
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: AS OF DECEMBER 31, 2006, THE REPORTING
PERSON WAS THE BENEFICIAL OWNER OF 1,683,333 SHARES OF THE COMMON
STOCK.
(b) Percent of Class: 6.9%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: AS OF DECEMBER 31,
2006, THE REPORTING PERSON HAD SOLE POWER TO VOTE OR DIRECT
THE VOTE OF 1,683,333 SHARES OF THE COMMON STOCK, OF WHICH
50,000 SHARES WERE HELD IN THE NAMES OF THE REPORTING PERSON'S
CHILDREN.
(ii) Shared power to vote or to direct the vote: AS OF DECEMBER 31,
2006, THE REPORTING PERSON DID NOT SHARE THE POWER TO VOTE OR
TO DIRECT THE VOTE OF ANY SHARES OF THE COMMON STOCK.
(iii) Sole power to dispose or to direct the disposition of: AS OF
DECEMBER 31, 2006, THE REPORTING PERSON HAD SOLE POWER TO
DISPOSE OF OR DIRECT THE DISPOSITION OF 1,683,333 SHARES OF
THE COMMON STOCK, OF WHICH 50,000 SHARES WERE HELD IN THE
NAMES OF THE REPORTING PERSON'S CHILDREN.
Page 3 of 5 Pages
CUSIP No. 70705P 10 5
(iv) Shared power to dispose or to direct the disposition of: AS OF
DECEMBER 31, 2006, THE REPORTING PERSON DID NOT SHARE THE
POWER TO DISPOSE OF OR TO DIRECT THE DISPOSITION OF ANY SHARES
OF THE COMMON STOCK.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
NOT APPLICABLE.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
SEE ITEM 4.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON
NOT APPLICABLE.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
NOT APPLICABLE.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
NOT APPLICABLE.
ITEM 10. CERTIFICATIONS
NOT APPLICABLE.
Page 4 of 5 Pages
CUSIP No. 70705P 10 5
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATED: FEBRUARY 14, 2007
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/s/ CURTIS SCHMID
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Curtis Schmid
Page 5 of 5 Pages