-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OrmXvxNkUvhe0QRwUGYQ/+ECQCWIKpIrRbVur5W+uOgO1fyiBdPOSmLZN9i5dK4e
 Xmb6al+KJwmTS350w8jjTw==

<SEC-DOCUMENT>0001337782-09-000004.txt : 20090225
<SEC-HEADER>0001337782-09-000004.hdr.sgml : 20090225
<ACCEPTANCE-DATETIME>20090225163032
ACCESSION NUMBER:		0001337782-09-000004
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20090225
DATE AS OF CHANGE:		20090225
EFFECTIVENESS DATE:		20090225

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saracen Energy Offshore Ltd
		CENTRAL INDEX KEY:			0001337782
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-81431
		FILM NUMBER:		09634215

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 265 GT WALKER HOUSE
		STREET 2:		GEORGE TOWN
		CITY:			GRAND CAYMAN ISLANDS BWI
		STATE:			E9
		ZIP:			000000000
		BUSINESS PHONE:		7132852900

	MAIL ADDRESS:	
		STREET 1:		PO BOX 265 GT WALKER HOUSE
		STREET 2:		GEORGE TOWN
		CITY:			GRAND CAYMAN ISLANDS BWI
		STATE:			E9
		ZIP:			000000000
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0201</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001337782</cik>
        <entityName>Saracen Energy Offshore Ltd</entityName>
        <issuerAddress>
            <street1>WALKER HOUSE, P. O. Box 265GT</street1>
            <street2>GEORGE TOWN</street2>
            <city>GRAND CAYMAN ISLANDS BWI</city>
            <stateOrCountry>E9</stateOrCountry>
            <zipCode>000000000</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>7132852900</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>E9</jurisdictionOfInc>
        <entityType>Other</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2005</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Neil</firstName>
                <middleName>E.</middleName>
                <lastName>Kelley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Five Greenway Plaza</street1>
                <street2>Suite 1310</street2>
                <city>Houston</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>77046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Neil Kelley is the Manager of Saracen LLC, the general partner of Saracen Energy Advisors LP, the investment manager of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Over $100,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-06-036279</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2005-05-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>5000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>438048495</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>67</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>The investment manager is entitled to a performance allocation and a management fee.  The performance allocation and management fee are discussed in greater detail in the Issuer's confidential offering materials.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Saracen Energy Offshore Ltd</issuerName>
                <signatureName>Neil E. Kelley</signatureName>
                <nameOfSigner>Neil E. Kelley</nameOfSigner>
                <signatureTitle>Manager of Saracen LLC</signatureTitle>
                <signatureDate>2009-02-25</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----