SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO
SCHEDULE 14D-1
Tender Offer Statement
Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934
ENEX RESOURCES CORPORATION
(Name of Subject Company)
MIDDLE BAY OIL COMPANY, INC.
(Purchaser)
COMMON STOCK, $.05 PAR VALUE
(Title of Class of Securities)
292744208
(CUSIP Number of Class of Securities)
JOHN J. BASSETT, PRESIDENT
MIDDLE BAY OIL COMPANY, INC.
1221 LAMAR, SUITE 1020
HOUSTON, TEXAS 77010
(713) 759-6808
(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications on Behalf of Purchaser)
Copies to:
H. Grady Thrasher, III, Esq.
Thrasher, Whitley, Hampton & Morgan
Five Concourse Parkway, Suite 2150
Atlanta, Georgia 30328
Telephone: (770) 804-8000
Facsimile: (770) 804-5555
This Statement amends and supplements the Tender Offer Statement on the
Schedule 14D-1 filed with the Securities and Exchange Commission on February
19, 1998 (the "Schedule 14D-1") relating to the offer by Middle Bay Oil
Company, Inc., an Alabama corporation ("Purchaser" or "Middle Bay"), to
purchase all shares of Common Stock, par value $0.05 per share (the "Shares"),
of Enex Resources Corporation, a Delaware corporation ("Enex"), presently
outstanding or such lesser number of Shares as equals a majority of the Shares
outstanding on a fully-diluted basis at a price of $15.00 per Share net to the
seller in cash, without interest thereon (the "Offer Price"), upon the terms
and subject to the conditions set forth in the Offer to Purchase dated
February 19, 1998 (the "Offer to Purchase") and the related Letter of
Transmittal (which, together with any amendments or supplements thereto,
collectively constitute the "Offer"), which were previously annexed to and
filed with Schedule 14D-1 as Exhibits (a)(1) and (2), respectively.
Capitalized terms used and not defined herein shall have the same meaning
assigned to such terms in the Offer to Purchase and Schedule 14D-1. The
primary purpose of this Amendment is to disclose an extension of the
expiration date of the Offer to midnight, Houston, Texas time, on Friday,
March 20, 1998, and to amend Items 6 and 10 of the Schedule 14D-1 as follows:
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY
(a)The information set forth in the Introduction and Section 8 ("Certain
Information Concerning Purchaser") of the Offer to Purchase is incorporated
herein by reference. Neither the Purchaser nor the persons referenced in Item
2 own any Enex Securities.
ITEM 10. ADDITIONAL INFORMATION
(b)-(c)The information set forth in the Introduction and Sections 11 ("Purpose
of the Offer; Plans for Enex") and 15 ("Certain Legal Matters") of the Offer
to Purchase is incorporated herein by reference. Other than as disclosed by
the above references, there are no regulatory requirements or approvals of the
type which must be disclosed pursuant to this Item 10(b).
(e)The Information set forth in Section 15 ("Certain Legal Matters") of
the Offer to Purchase is incorporated herein by reference. There are no
material proceedings pending or threatened related to the Offer.
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SIGNATURES
After due inquiry and to the best of our knowledge and belief, we certify
that the information set forth in this statement is true, complete and
correct.
Dated: March 13, 1998.
MIDDLE BAY OIL COMPANY, INC.
By:___/s/ John J. Bassett_________
John J. Bassett, President
