MASON OIL CO INC
NT 10-K, 1998-09-25
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                                   FORM 12B-25

                                   FILE NUMBER
                                     0-19333
                                 SEC FILE NUMBER
                                     0-19333

                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20459

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

                                  (CHECK ONE):
[X]Form 10-K and 10-KSB [ ]Form 20-F [ ]Form 11-K [ ]Form 10-QSB [ ]Form N-SAR
      For Period Ended: June 30, 1998
      [ ] Transition Report on Form 10-K
      [ ] Transition Report on Form 20-F
      [ ] Transition Report on Form 11-K
      [ ] Transition Report on Form 10-Q
      [ ] Transition Report on Form N-SAR
      For the Transition Period Ended:


READ ATTACHED  INSTRUCTION  SHEET BEFORE  PREPARING FORM.  PLEASE PRINT OR TYPE.
Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.


If the notification  related to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:



PART I-REGISTRANT INFORMATION


      MASON OIL COMPANY, INC.
      (FULL NAME OF REGISTRANT)

 ...............................................................................
      6337 RAVENWOOD DRIVE
      (ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)

 ...............................................................................
      SARASOTA, FLORIDA  34243
      (CITY STATE ZIP)

PART II.RULES 12B.25(B) AND (C)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b.25(b), the following should
be completed.
(Check box if appropriate)

          (a)The reasons described in reasonable detail in Part III of this form
          could not be eliminated without unreasonable effort or expense;

     X    (b) The subject annual report,  semi-annual report,  transition report
          on Form 10.K,  Form 10-KSB,  Form 20-F, 11.K or Form N.SAR, or portion
          thereof  will  be  filed  on or  before  the  fifteenth  calendar  day
          following the prescribed due date; or the subject  quarterly report or
          transition report on Form 10.Q or Fprm 10-QSB, or portion thereof will
          be filed on or before the fifth  calendar day  following the prescribe
          due date; and

          (c)  The  accountant's  statement  or other  exhibit  required by Rule
          12b.25(c) has been attached if applicable.


<PAGE>



PART III. NARRATIVE


State below in  reasonable  detail the  reasons why Form 10-K and 10-KSB,  20-F,
11-K, 10-Q and 10-QSB,  N-SAR or the transition  report or portion thereof could
not be filed within the prescribed time period.

      MORE TIME IS NEEDED TO ACCUMULATE INFORMATION.


PART IV. OTHER INFORMATION

               (1)  Name and telephone  number of person to contact in regard to
                    this notification

Paul B. Ingram              (941)   351-3102
    (Name)               (Area Code)(Telephone Number)

               (2)  Have all other periodic reports required under section 13 or
                    15(d) of the  Securities  Exchange Act of 1934 or section 30
                    of the  Investment  Company Act of 1940 during the preceding
                    12 months or for such shorter period that the registrant was
                    required to file such report(s) been filed? If the answer is
                    no, identify report(s).  [X] Yes [ ] No (3)Is it anticipated
                    that any  significant  change in results of operations  from
                    the  corresponding  period for the last  fiscal year will be
                    reflected by the earnings  statements  to be included in the
                    subject report or portion thereof? [ ] Yes [X] No

      If so, attach an explanation of the anticipated  change,  both narratively
      and  quantitatively,   and,  if  appropriate,  state  the  reasons  why  a
      reasonable estimate of the results cannot be made.


                             MASON OIL COMPANY, INC.

has caused  this  notification  to be signed on its behalf by the undersigned
thereunto duly authorized.

Date  September 25, 1998       /s/ M. Paul B. Ingram, President

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly  authorized  representative.  The name and title of the person
signing  the form  shall  be typed or  printed  beneath  the  signature.  If the
statement is signed on behalf of the registrant by an authorized  representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.


                                    ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).



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