COLORADO WYOMING RESERVE CO
8-K, 1999-09-30
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K



          Current Report Pursuant to Section to Section 13 or 15(d) of
                           The Securities Act of 1934



                                 Date of Report

                 (Date of earliest event reported): September 24, 1999




                        COLORADO WYOMING RESERVE COMPANY
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)




             WYOMING                                       83-0246080
    (STATE OF INCORPORATION)                    (I.R.S. EMPLOYER IDENTIFICATION
                                                            NUMBER)

  751 HORIZON COURT, SUITE 205                                81506
    GRAND JUNCTION, COLORADO                               (ZIP CODE)
 (ADDRESS OF PRINCIPAL EXECUTIVE
            OFFICES)




       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (970) 255-9995


<PAGE>


Item 4.        Changes in Registrant's Certifying Accountant.

               The  registrant  engaged  Hein +  Associates  LLP ("Hein") as its
               independent certified public accountant on September 24, 1999.

               During the two most recent fiscal years (or any subsequent
               interim period) Hein has not been engaged as either the principal
               accountant to audit the registrant's financial statements or as
               an auditor of a significant subsidiary. In addition, during the
               registrant's two most recent fiscal years, and any subsequent
               interim period prior to engaging Hein, neither the registrant nor
               someone on its behalf, has consulted Hein regarding the
               application of accounting principles to a specific completed or
               contemplated transaction, or the type of audit opinion that might
               be rendered on the registrant's financial statements, and either
               written or oral advice was provided that was an important factor
               considered by the registrant in reaching a decision as to the
               accounting, auditing or financial reporting issue; or any matter
               that was either the subject of a disagreement or a reportable
               event.



                                   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 hereunto duly authorized.


                                        COLORADO WYOMING RESERVE COMPANY



Date:   September 24, 1999              By:   /s/ Kim M. Fuerst
                                           -------------------------------------
                                              Kim M. Fuerst
                                              Chairman of the Board of Directors
                                              President, Chief Executive Officer
                                              Treasurer, Chief Financial Officer
                                              Director




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