CHAPARRAL RESOURCES INC
10-K/A, 2000-05-18
CRUDE PETROLEUM & NATURAL GAS
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                                   FORM 10-K/A
                                Amendment No. 2
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


[ X ]    ANNUAL  REPORT  PURSUANT  TO  SECTION  13 OR 15(d)  OF THE  SECURITIES
         EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1999.


                         Commission file number: 0-7261


                            CHAPARRAL RESOURCES, INC.
                            -------------------------
             (Exact Name of Registrant as Specified in Its Charter)

           Delaware                                      84-0630863
- -------------------------------              ----------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)


                       16945 Northchase Drive, Suite 1620
                              Houston, Texas 77060
                     --------------------------------------
                    (Address of Principal Executive Offices)

Registrant's telephone number, including area code: (281) 877-7100

Securities registered pursuant to Section 12(g) of the Act:

                    Common Stock, Par Value $.0001 Per Share
                    ----------------------------------------
                                (Title of Class)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                             YES  | |          NO  |X|

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. |_|

     As of March 15, 2000, the aggregate market value of registrant's voting
common stock, par value $.0001 per share, held by nonaffiliates was $9,314,570.

     As of March 15, 2000, registrant had 980,481 shares of its common stock,
par value $.0001 per share, issued and outstanding.




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