CHAPARRAL RESOURCES INC.
16945 Northchase, Suite 1440
Houston, Texas 77060
Phone: (281) 877-7100
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Via EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Withdrawal of Chaparral Resources Inc.
Registration Statement on
Form S-3 (File No. 333-51327)
Ladies and Gentlemen:
We refer to Registration Statement on Form S-3 (Registration No. 333-51327)
(the "Registration Statement") filed by Chaparral Resources Inc ("Chaparral"),
on April 29, 1998. It is not necessary for the selling securityholders listed in
the Registration Statement to utilize the Registration Statement for resales.
Consequently, Chaparral hereby respectfully requests that the Registration
Statement be withdrawn in accordance with Rules 477 (a) and (c) under the
Securities Act of 1933. No securities have been offered or sold pursuant to such
Registration Statement.
Very truly yours,
CHAPARRAL RESOURCES INC.
By: /s/ Michael B. Young
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Michael B. Young
Treasurer and Controller
