UNITED STATES
                       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)
                     February 26, 2004 (February 26, 2004)

                     St. Mary Land & Exploration Company
             (Exact name of registrant as specified in its charter)

          Delaware                      001-31539               41-0518430
(State or other jurisdiction           (Commission            (I.R.S Employer
      of incorporation)               File Number)          Identification No.)


             1776 Lincoln Street, Suite 700, Denver, Colorado 80203
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (303) 861-8140


                                 Not applicable
         (Former name or former address, if changed since last report.)







Item 7. Financial Statements and Exhibits.

        (c)Exhibits.

           The following exhibit is furnished as part of this report:

           Exhibit 99.1 Press release of St. Mary Land & Exploration Company
                        dated February 26, 2004

Item 12.Results of Operations and Financial Condition.

         On February 26, 2004, St. Mary Land & Exploration Company issued a
press release announcing its full year and fourth quarter 2003 financial results
and reaffirming its forecast for the first quarter and full year of 2004. This
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 hereunto duly authorized.


                                        ST. MARY LAND & EXPLORATION COMPANY


Date:  February 26, 2004                By: /S/ DAVID W. HONEYFIELD
                                            -----------------------
                                            David W. Honeyfield
                                            Vice President - Finance,
                                            Treasurer and Secretary