UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: June 17, 1998
TYREX OIL COMPANY
(Exact Name of Registrant as specified in its charter)
Wyoming 0-9358 83-0245581
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.
6886 S. Yosemite Street
Englewood, Colorado 80112
(Address of principal executive offices) (Zip Code)
(303) 741-9123
(Registrant's telephone number, including area code)
Item 4. Change in Registrant's Certifying Accountant
(a)(1)(i) On June 15, 1998, the Registrant's independent accountants,
John M. Hanson & Company, P.C. ("Hanson") informed the Registrant that Hanson
was resigning the engagement due to Hanson's decision to, as a firm, cease
performing SEC engagements. (See Form 8-K filed with the Securities and
Exchange Commission dated June 15, 1998.) As a result of this resignation,
the Company is engaging the firm of Balogh & Tjornehoj, LLP to perform the
audit for the fiscal year ending June 30, 1998.
(a)(1)(ii) The report on the Registrant's financial statements for the
past two years as rendered by Hanson did not contain a disclaimer, adverse
opinion and was not qualified or modified as to uncertainty, audit, scope or
accounting principles.
(a)(1)(iii) The Board of Directors and the Audit Committee of the
Registrant approved the change in certifying accountants to Balogh &
Tjornehoj, LLP on June 17, 1998.
(a)(1)(iv) During the Registrant's two most recent fiscal years and
through the date of Hanson's resignation, there were no disagreements with
Hanson on any matter of accounting principle or practice, financial statement
disclosure or auditing scope or procedure.
(a)(1)(v) Not applicable.
(a)(2) The Registrant has engaged Balogh & Tjornehoj, LLP as its
independent accountants for the Registrant's fiscal year ending June 30, 1998.
There were no consultations between the Registrant and Balogh & Tjornehoj, LLP
during the Registrant's two prior fiscal years ended June 30, 1997 and 1996 or
during the interim period until June 17, 1998 as to any matter described in
subitem (i) or (ii) of item 3(a)(2).
(a)(3) The concurrence letter of Hanson is filed herewith under
Item 7.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Letter regarding resignation of certifying
accountant. Exhibit I
Letter regarding change in certifying
accountant. Exhibit II
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Tyrex Oil Company
(Registrant)
Date: June 23, 1998 By: /s/ Frederick J. Slack
Frederick J. Slack,
Chief Executive Officer
Exhibit I
June 15, 1998
Paul Kaufhold
Chief Financial Officer
Tyrex Oil Company
6886 So. Yosemite St.
Englewood, CO 80112
Dear Mr. Kaufhold:
This is to notify you that John M. Hanson & Company, P.C., decided to cease
performing SEC engagements, and accordingly is resigning from the client-
auditor relationship between Tyrex Oil Company (Commission File Number 0-9358)
and John M. Hanson & company, P.C., and that the client-auditor relationship
has ceased.
Sincerely,
/s/ John M. Hanson & Company, P.C.
John M. Hanson & Company, P.C.
cc: FAX (202) 942-9656
SEC Office of the Chief Accountant
Attn: SECPS Letter File
Mail stop 9-5
Exhibit II
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read and agree with the comments in Item 4 of Form 8-K of Tyrex Oil
Company (Commission file number 0-9358) dated June 15, 1998. A copy of 8K is
enclosed.
/s/ John M. Hanson & Company, P.C.
John M. Hanson & Company, P.C.
Denver, Colorado
June 17, 1998
