CHAG Chancellor Group Inc (CE)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

On January 25, 2011, Chancellor Group, Inc. (the "Company") terminated the engagement of De Joya Griffith & Company, LLC ("De Joya") as the Company's independent registered public accounting firm. The decision to terminate such engagement of De Joya was approved by the Company's board of directors.

De Joya has not provided any reports on the Company's consolidated financial statements and, accordingly, has not provided any report (i) containing an adverse opinion or a disclaimer of opinion or (ii) qualified or modified as to uncertainty, audit scope, or accounting principle. There have been no disagreements with De Joya on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of De Joya, would have caused it to make reference thereto in connection with any reports on the Company's financial statements that De Joya would have provided had its engagement not been so terminated.

During the years ended December 31, 2009 and 2010 and the period of time beginning on January 1, 2011 and ending on January 25, 2011, there have been no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).

The Company has furnished a copy of this Current Report on Form 8-K to De Joya and requested that De Joya furnish the Company with a letter addressed to the Commission stating whether or not it agrees with the statements made by the Company herein in response to Item 304(a) of Regulation S-K and, if not, stating the respects in which it does not agree. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K.

On January 25, 2011, the Company engaged StarkSchenkein, LLP ("Stark") as the Company's new independent registered public accounting firm to audit the Company's financial statements included in the Company's Annual Reports on Form 10-K for the years ended December 31, 2009 and 2010. Prior to engaging Stark as its independent registered public accounting firm, the Company did not consult with or obtain oral or written advice from Stark regarding any of the matters described in Item 304(a)(2)(i) of Regulation S-K or Item 304(a)(2)(ii) of Regulation S-K.

(c) Exhibits. The following materials are filed as exhibits to this Current Report on Form 8-K:

16.1                    Letter from De Joya Griffith & Company, LLC.

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

Date: January 26, 2011

16.1                    Letter from De Joya Griffith & Company, LLC.