<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Pinnacle Oil International, Inc.
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
723473-10-4
(CUSIP Number)
December 31, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes)
<PAGE>
CUSIP NO. 723473-10-4
------------
Page 2 of 4
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS. George Liszicasz
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Not applicable
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Canada
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 5,230,032*
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 5,230,032*
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
* Includes 30,000 shares issuable upon exercise of directors' options which
are currently exercisable or which will become exercisable on or before
March 2, 1999
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
5,230,032*
* Includes 30,000 shares issuable upon exercise of directors' options which
are currently exercisable or which will become exercisable on or before
March 2, 1999
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
42.0%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 723473-10-4
------------
Page 3 of 4
Item 1(a) Name of Issuer
Pinnacle Oil International, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices
Suite 750
850 7th Avenue S.W.
Calgary, Alberta, Canada T2P 3G2
Item 2(a) Name of Person Filing
See Row 1 of Cover Sheet
Item 2(b) Address of Principal Executive Offices or, if none, Residence
c/o Pinnacle Oil International, Inc.
Suite 750
850 7th Avenue S.W.
Calgary, Alberta, Canada T2P 3G2
Item 2(c) Citizenship
See Row 4 of Cover Sheet
Item 2(d) Title of Class of Securities
Common stock, par value $0.001 per share
Item 2(e) CUSIP Number
723473-10-4
Item 2(a) Filing of statement pursuant to (S)(S)240.13d-1(b) or 240.13d-2(b) or
(c)
Not Applicable
Item 3 Filing pursuant to (S)(S)240.13d-1(b) or 240.13d-2(b)
Not Applicable
Item 4 Ownership
(a) Amount of securities beneficially owned: See Row 9 of Cover
Sheet
(b) Percent of class: See Row 11 of Cover Sheet
(c) Number of shares as to which the person has:
(i) Sole power to vote or direct the vote: See Row 5 of Cover
Sheet
<PAGE>
CUSIP NO. 723473-10-4
------------
Page 4 of 4
(ii) Shared power to vote or direct the vote: See Row 6 of
Cover Sheet
(iii) Sole power to dispose or to direct the disposition: See
Row 7 of Cover Sheet
(iv) Shared power to dispose or to direct the disposition: See
Row 8 of Cover Sheet
Item 5 Ownership of Five Percent or Less of a Class
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not Applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8 Identification and Classification of Members of a Group
Not applicable.
Item 9 Notice of Dissolution of Group
Not applicable.
Item 10 Certification
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
January 11, 1999
----------------
Date
/s/ George Liszicasz
--------------------
George Liszicasz
