UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 144/A
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
1(a) Name of Issuer (b) IRS Ident. No. (c) SEC File No.
Power Exploration, Inc. 84-0811647 000-9419
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1(d) Address of Issuer Street City State Zip (e)Phone #
5416 Birchman Avenue Fort Worth TX 76107 817 377-4464
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2(a) Name of Person for (b) IRS (c) Relationship
Whose Account the Ident. to
Securities are to No. Issuer
Be Sold
Ronald W. Welborn ###-##-#### 10% stockholder
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2(d) Address Street City State Zip
11701 South Freeway Burleson TX 76028
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INSTRUCTION: The person filing this notice should contact the issuer to obtain
the IRS Identification Number and the SEC File Number.
3(a)Title of (b) Name and SEC USE ONLY (c)Number
the Class of Address of Broker-Dealer of Shares
Securities Each Broker File Number or Other
To be Sold Through Whom Units to
the Securities be Sold
are to be
Offered or
Each Market
Maker who is
Acquiring the
Securities
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Common Stock Glenn Michael Financial 95,692
411 Hackensack Ave.
Hackensack, NJ 07601
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3(d) Aggregate (e) Number of (f) Approximate (g)Name of
Market Value Shares or Date of Sale Each
Other Units (Mo. Day Yr.) Securities
as of Outstanding Exchange
3-8-00
$669,200 9,569,260 3-8-2000 OTCBB
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<TABLE>
<CAPTION>
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part of the
purchase price or other consideration therefor:
<S> <C> <C> <C> <C> <C> <C>
Title of Date you Nature of Acquisition Name of Person Amount of Date of Nature of Payment
the Class Acquired Transaction From Whom Acquired Securities Payment
--------- -------- ------------------------- ------------------ ----------- -------- ------------------
Acquired
Common 1-19-00 Issued under Issuer
stock Advisory Agreeemnt 750,000
dated Dec. 10, 1999 shares 1-19-00 Services
Issuance Registered
on Form S-8
--------- -------- ------------------------- ------------------ ----------- -------- ------------------
</TABLE>
<PAGE>
TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold.
Name and Address Title of Date Amount of Gross
Of Seller Securities of Securities Proceeds
None None N/A N/A N/A
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Remarks:
This filing amends a prior filing made by this person on March 8, 2000.
INSTRUCTIONS:
1. If the securities were purchased and full payment therefor was not made at
the time of purchase, explain in the table or in a note thereto the nature of
the consideration given. If the consideration consisted of any note or other
obligation, or if payment was made in installments describe the arrangement and
state when the note or other obligation was discharged in full or the last
installment paid.
2. If within two years after the acquisition of the securities the person for
whose account they are to be sold had any short positions, put or other option
to dispose of securities referred to in paragraph (d)(3) of Rule 144, furnish
full information with respect thereto.
The person for whose account the Securities to which this notice relates are to
be sold hereby represents by signing this notice that he does not know any
material adverse information in regard to the current and prospective operations
of the Issuer of the securities to be sold which has not been publicly
disclosed.
May 18, 2000 /s/ Ronald W. Welborn
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Date of Notice Signature
