DOUBLE EAGLE PETROLEUM & MINING CO
SC 13D, 1996-10-11
CRUDE PETROLEUM & NATURAL GAS
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                  SCHEDULE 13D
                                                


                        Under the Securities Act of 1934
                                (Amendment No.       )*
                                              -------

                      DOUBLE EAGLE PETROLEUM AND MINING CO.
        -----------------------------------------------------------------
                                (Name of Issuer)


                           $.10 Par Value Common Stock
                         ------------------------------
                         (Title of Class of Securities)


                                   258570 20 9
                                 --------------
                                 (CUSIP Number)


        
              Stephen H. Hollis, 777 Overland Trail (P.O. Box 766)
                                Casper, WY 82601
                                 (307) 237-9330
        ----------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)


                                January 19, 1995
              -----------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].

Check the following box if a fee is being paid with the statement [x]. (A fee is
not required only if the reporting person:  (1) has a previous statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7.)

Note: Six copies of this statement, including all exhibits, should be filed with
the  Commission.  See Rule  13d-1(a) for other  parties to whom copies are to be
sent.

* 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
disclosures provided in a prior cover page.

The information required on 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>

                                  SCHEDULE 13D

CUSIP NO. 258570   20   9                                     Page 2 OF 6 Pages


1.       Name of Reporting Person
         Social Security or I.R.S. Identification No. of above Person
                  
         Stephen H. Hollis   (###-##-####)        

2.       Check the Appropriate Box If a Member of a Group
                                                                   [  ]   A
                                                                   [  ]   B
3.       Sec Use Only

4.       Source of Funds*
         
         00        

5.       Check box if disclosure of legal proceedings is required
         pursuant to Items 2(d) or 2(e)                            [  ]

6.       Citizenship or Place of            
            Organization                        

        Number of                           7.  Sole Voting Power
          Shares                                172,400 (1)   
       Beneficially
         Owned by                           8.  Shared Voting Power
           Each                                 -0-
        Reporting
          Person                            9.  Sole Dispositive Power
           With                                 172,400 (1)               

                                           10.  Shared Dispositive Power
                                                -0-

11.      Aggregate  Amount  Beneficially  Owned by Each Reporting Person 
         
         172,400 (1)

12.      Check If the Aggregate Amount in Row (11) Excludes Certain
         Shares*                                                  [  ]

13.      Percent of Class Represented by Amount in Row (11)
                  
          6.9%          

14.      Type of Reporting Person*

          IN

- ----------
(1)  Includes options to purchase 120,000 shares of common stock.           

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
       (INCLUDING EXHIBITS) OF THE SCHEDULE AND THE SIGNATURE ATTESTATION


<PAGE>

                                  SCHEDULE 13D

CUSIP NO. 258570   20   9                                     Page 3 OF 6 Pages



Item 1.  Security and Issuer.

        (a) Name and Address of Principal Executive Offices of Issuer:

         Double Eagle Petroleum And Mining Co.
         777 Overland Trail (P.O. Box 766)
         Casper, WY 82601

         (b)  Title and Class of Equity Securities:  $.10 Par Value Common Stock

Item 2.  Identity and Background.

         (a)      Name of Person Filing:

                  Stephen H. Hollis
                  
         (b)      Business Address: 

                  777 Overland Trail (P.O. Box 766)
                  Casper, WY 82601 
                
         (c)      Present Principal Occupation:

                  Mr. Hollis presently is the President and a Director of the
                  Issuer, Double Eagle Petroleum And Mining Co.


         (d)      Criminal Proceedings:

                  During the last five years Mr. Hollis has not been convicted
                  in any criminal proceding.    
                  

         (e)      Civil Proceedings:

                  During the last five years Mr. Hollis has not been party to
                  any civil proceeding of a judicial or administrative body of
                  competent jurisdiction as a result of which such person would
                  have been subject to any judgment, decree or final order
                  enjoining future violations of or prohibiting or mandating 
                  activities subject to Federal or State securities laws or
                  finding any violation with respect to such laws.    


         (f)      Citizenship:   U.S.


Item 3.  Source and Amount of Funds or Other Consideration.

         Mr. Hollis is President of Double Eagle Petroleum And Mining Co. (the
         "Company"). Mr. Hollis was granted, on January 19, 1995, options to
         purchase 70,000 shares of common stock, pursuant to the Company's stock
         option plan. Mr. Hollis, prior to January 19, 1995, had acquired 52,400
         shares of common stock with personal funds and was granted, on January
         19, 1994, options to purchase 50,000 shares of common stock pursuant to
         the Company's stock option plan.

<PAGE>
                                  SCHEDULE 13D

CUSIP NO. 258570   20   9                                     Page 4 OF 6 Pages


Item 4.  Purpose of the Transaction.

         Mr. Hollis has acquired the shares of common stock (or the rights to
         acquire shares of common stock) included in this Statement for
         investment purposes. Mr. Hollis has no plans or proposals that relate 
         to or would result in any of the circumstances described in
         subparagraphs (a) to (j) of Item 4 of Schedule 13D.


Item 5.   Interests in Securities of the Issuer.

         (a)      Number of Shares Beneficially Owned:     172,400 shares*
                             *includes options to purchase 120,000 shares

                  Percent of Class:  6.9% (based upon 2,362,371 shares of
                                     common stock issued and outstanding based
                                     on information set forth in the Issuer's
                                     annual report on Form 10-K for the period
                                     ended August 31, 1995.)

         (b)      Sole Power to Vote, Direct the
                  Vote of, or Dispose of Shares:           172,400 shares*
                             *includes options to purchase 120,000 shares

         (c)      Recent Transactions:    

                  Mr. Hollis owns 51% of Hollis Oil & Gas Company. Hollis Oil &
                  Gas Company, on May 26, 1995, sold certain proved oil and gas
                  leases and overriding royalties to Double Eagle Petroleum And
                  Mining Co. (the "Company") in exchange for $71,300 cash and
                  350,000 shares of the Company's common stock with a market
                  value of $131,250.

                  Mr. Hollis was granted, on January 22, 1996, options to
                  purchase 50,000 shares of common stock pursuant to the
                  Company's stock option plan.

                  Mr. Hollis, on March 14, 1996 sold 27,500 shares of common
                  stock.

                  Mr. Hollis, after the above transactions, beneficially owns
                  544,900 shares of common stock.                

         (d)      Rights with Respect to Dividends
                  or Sales Proceeds:                       N/A

         (e)      Date of Cessation of Five Percent
                  Beneficial Ownership:                    N/A


<PAGE>

                                  SCHEDULE 13D

CUSIP NO. 258570   20   9                                     Page 5 OF 6 Pages


Item 6.           Contracts, Arrangements, Understandings or Relationships with
                  Respect to Securities of the Issuer.

                  Other than as is described in this Statement,there is no
                  contract, arrangement, understanding or relationship between 
                  Mr. Hollis and any third party with respect to the securities
                  of the Issuer.              

Item 7.           Material to be Filed as Exhibits.                   N/A

                  

<PAGE>

                                  SCHEDULE 13D

CUSIP NO. 258570   20   9                                     Page 6 OF 6 Pages 

                                   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.

Dated:  October 10, 1996.             

                                    By   /s/  STEPHEN H. HOLLIS
                                        ---------------------------------------
                                        Stephen H. Hollis

Attention:                 Intentional misstatements or omissions of fact
                           constitute Federal criminal violations (See 18
                           U.S.C. 1001).





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