U.S. SECURITITES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securitites Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940.
1. Name and Address of Reporting Person:
Perry D. West
Post Office Box 1656
Cocoa, Florida 32923-1656
2. Date of Event Requiring Statement (Month/Day/Year)
March 31, 1999
3. IRS or Social Security Number of Reporting Person (Voluntary)
59-3380009
4. Issurer Name and Ticker or Tading Symbol
Cambridge Energy Corporation, CNGG
5. Relationship of Reporting Person to Issuer (Cheack all applicable)
Yes X No Director
Yes X No 10% Owner
Yes X No Officer (give title below)
Yes No Other (specify below)
Chief Operating Officer
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Benefically Owned
<S> <C> <C> <C>
Amount of Securities Ownership Form Direct Nature of Indirect
Title of Security Beneficially Owned (D)or Indirect(I) Beneficial Ownership
- -------------------- -------------------- --------------------- --------------------
Common Stock, $.0001 3,192,393 D
Common Stock, $.0001 2,000,000 I Option
Common Stock, $.0001 1,500,000 I Options
</TABLE>
<TABLE>
<CAPTION>
TABLE II - Dirivative Securities Benefically Owned (e.g. puts, calls, warrants,
options, convertible securities)
<S> <C> <C> <C> <C> <C>
Title and Amount of
Date Exercisable Securities Underlying Ownership
and Expiration Date Derivative Security Conversion Form of
(Month/Day/Year) (Instr 4)
------------------- -------------------- or Exercise Derivative Nature of
Title of Date Expira- Amount of Price of Security: Indirect
Derivative Exer- tion Number of Derivative Direct(D) or Beneficial
Securities cisable Date Title Shares Security Indirect (I) Ownership
(Instr 4) (Instr 5) (Instr 5)
- ---------- ------- ------- ----- --------- ----------- ------------ ----------
Option Current 6/02 Common 1,000,000 $0.50 D
Option Current 6/02 Common 1,000,000 $1.00 D
Option Current 6/02 Common 1,000,000 $1.50 D
Option 10/00 9/01 Common 500,000 $0.50 D
Option 10/01 9/02 Common 500,000 $0.75 D
Option 10/02 9/03 Common 500,000 $1.00 D
Option 10/03 9/04 Common 500,000 $1.25 D
- -----------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
N/A
/s/ Perry D. West August 12, 1999
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**Signature of Reporting Person Date
**Intentional misstatements or omissions
of facts constitutes Federal Criminal Violations.
