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):

                                NOVEMBER 22, 2002

                                 TENGASCO, INC.
             (Exact Name of Registrant as specified in its charter)

                         Commission File Number 0-20975

        TENNESSEE                                        87-0267438
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)



             603 MAIN AVENUE, SUITE 500, KNOXVILLE, TENNESSEE 37902
                     (Address of Principal Executive Office

                                 (865) 523-1124
                         (Registrant's Telephone number)





Item 5. OTHER EVENTS

                  On November  22,  2002,  the  Company and its Chief  Executive
Officer,  Malcolm E. Ratliff, were served with a class action complaint filed in
the  United  States  District  Court  for the  Eastern  District  of  Tennessee,
Knoxville,  entitled  Paul Miller v. M. E. Ratliff and  Tengasco,  Inc.,  Docket
Number  3:02-CV-644.  The complaint seeks to recover on behalf of a class of all
persons who purchased  shares of the Company's common stock of between August 1,
2001 and April 23, 2002, damages in an amount not specified which were allegedly
caused by violations of the federal  securities  laws,  specifically  Rule 10b-5
issued  under the  Securities  Exchange  Act of 1934 as to the  Company  and Mr.
Ratliff,  and  Section  20(a)  the  Securities  Exchange  Act of  1934 as to Mr.
Ratliff.  The  complaint  alleges  that  documents  and  statements  made to the
investing  public by the Company and Mr. Ratliff  misrepresented  material facts
regarding the business and finances of the Company. The Company's initial review
of the allegations of the complaint discloses that the allegations do not appear
to be well  founded and are without  merit.  The Company  intends to  vigorously
defend against any and all such allegations and will seek all available remedies
and sanctions  for any damage  suffered by the Company as a result of the timing
and unfounded content of the complaint.

                                   SIGNATURES

         Pursuant to the  requirements  of the  Securities  and  Exchange Act of
1934, the Registrant has duly caused and authorized  this report to be signed on
its behalf by the undersigned.

Dated: November 26, 2002

                                                 Tengasco, Inc.


                                                  By: /s/ JEFFREY R. BAILEY
                                                      ---------------------
                                                      Jeffrey R. Bailey,
                                                      President


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