What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
On 11/16/2012, the pilot departed kbmg (bloomington monroe county airport) for a local VFR flight and landed at kdcy (daviess county airport) for fuel. After taking on 19.6 gallons of avgas the pilot departed and performed air maneuvers consisting of stalls, steep turns, and slow flight. The pilot then proceeded to kbfr (virgil I. Grissom airport) to practice touch and go landings. After performing at least two touch and go landings the pilot initiated a climb and moved the fuel tank selector from the right fuel tank to the left fuel tank at about 1000 ft AGL. Approximately 15 seconds later the engine began to lose power and the pilot's attempts to restore engine power by switching back to the right fuel tank and turning on the electric fuel pump were not successful. The pilot then turned back to kbfr but realizing that he could not make the runway he landed in the nearest field approximately 1 mile from the departure end of runway 31.
As the FAA filed it
ON 11/16/2012, THE PILOT DEPARTED KBMG (BLOOMINGTON MONROE COUNTY AIRPORT) FOR A LOCAL VFR FLIGHT AND LANDED AT KDCY (DAVIESS COUNTY AIRPORT) FOR FUEL. AFTER TAKING ON 19.6 GALLONS OF AVGAS THE PILOT DEPARTED AND PERFORMED AIR MANEUVERS CONSISTING OF STALLS, STEEP TURNS, AND SLOW FLIGHT. THE PILOT THEN PROCEEDED TO KBFR (VIRGIL I. GRISSOM AIRPORT) TO PRACTICE TOUCH AND GO LANDINGS. AFTER PERFORMING AT LEAST TWO TOUCH AND GO LANDINGS THE PILOT INITIATED A CLIMB AND MOVED THE FUEL TANK SELECTOR FROM THE RIGHT FUEL TANK TO THE LEFT FUEL TANK AT ABOUT 1000 FT AGL. APPROXIMATELY 15 SECONDS LATER THE ENGINE BEGAN TO LOSE POWER AND THE PILOT'S ATTEMPTS TO RESTORE ENGINE POWER BY SWITCHING BACK TO THE RIGHT FUEL TANK AND TURNING ON THE ELECTRIC FUEL PUMP WERE NOT SUCCESSFUL. THE PILOT THEN TURNED BACK TO KBFR BUT REALIZING THAT HE COULD NOT MAKE THE RUNWAY HE LANDED IN THE NEAREST FIELD APPROXIMATELY 1 MILE FROM THE DEPARTURE END OF RUNWAY 31.