FORM 12b-25
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF LATE FILING
Attachment A: (Check One):
[X] Form 10-K or Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q of Form 10-SQB [ ] Form N-SAR
For Period Ended: September 30, 1997
------------------------
- -------------------------------------------------------------------------------
Nothing in this Form Shall be construed to imply that the Commission has
verified any information contained herein.
- -------------------------------------------------------------------------------
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
-------------------------------
- -------------------------------------------------------------------------------
Part I - Registrant Information
- -------------------------------------------------------------------------------
Full Name of Registrant CLX ENERGY, INC.
Former Name if Applicable
- -------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
1776 Lincoln Street, Suite 806
- -------------------------------------------------------------------------------
City, State and Zip Code
Denver, CO 80203
- -------------------------------------------------------------------------------
Part II - Rules 12b-25 (b) and (c)
- -------------------------------------------------------------------------------
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report/portion thereof will be filed on or before
the fifteenth calendar day following the prescribed due date; or the
subject quarterly report/portion thereof will be filed on or before
the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
- -------------------------------------------------------------------------------
Part III - Narrative
- -------------------------------------------------------------------------------
State below in reasonable detail the reasons why the From 10-K, 11-K,
20-F, 10-Q or N-SAR or portion thereof, could not be filed within the
prescribed time period.
The Registrant is attempting to quantify the amount of a liability it may
be responsible for as discussed further under Part IV - Other Information
(3).
<PAGE>
- -------------------------------------------------------------------------------
Part IV - Other Information
- -------------------------------------------------------------------------------
(1) Name and telephone number of person to contact in regard to this
notification
E. J. Henderson 303 894-0763
------------------------- --------- ------------------------
(NAME) (AREA CODE) (TELEPHONE NUMBER)
- -------------------------------------------------------------------------------
(2) Have all other periodic reports required (under
Section 13 or 15(d) of the Securities Exchange
Act of 1934) during preceding 12 months (or for
such shorter period that the registrant was required
to file such reports) been filed? If answer is no,
identify report(s).
[X] YES [ ] NO
- -------------------------------------------------------------------------------
(3) Is it anticipated that any significant change in
results of operations from the corresponding period
for the last fiscal year will be reflected by the
earnings statements to be included in the subject
report or portion thereof? [X] YES [ ] NO
If so, attach an explanation of the anticipated
change, both narratively and quantitatively, and,
if appropriate, state the reasons why a reasonable
estimate of the results can not be made.
In October 1997 the Registrant was notified that the Federal Energy
Regulatory Commission (FERC) issued an order which stated that ad valorem
tax levied by the State of Kansas could not be considered as an add on to
the maximum lawful price of gas sold under the NGPA of 1978. The
Registrant was also notified that, as successor in interest to a
predecessor company, it was responsible for refunding amounts paid to the
predecessor company during 1984 and 1985.
The Registrant is working with legal counsel to determine what amount the
Registrant may be responsible for, since a substantial portion of the
amounts the predecessor company received were amounts received as agent
for other interest owners.
<PAGE>
The loss of the Registrant for the year ended September 30, 1997
approximates $71,500 without considering the amount of expense associated
with the refund discussed in the preceding paragraph. It is anticipated
that recording the additional expense associated with the refund will
substantially increase the loss for the year ended September 30, 1997.
The loss for the year ended September 30, 1996 was $11,619.
- -------------------------------------------------------------------------------
CLX ENERGY, INC.
-------------------------------------------------------------
(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
By /s/ E. J. Henderson
Dated: December 29, 1997 E. J. Henderson
President
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath the
signature. If the statement is signed on behalf of the registrant by an
authorized representative (other than an executive officer), evidence of
the representative's authority to sign on behalf of the registrant shall
be filed with the form.