COLORADO WYOMING RESERVE CO
NT 10-Q, 2000-02-14
CRUDE PETROLEUM & NATURAL GAS
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                  FORM 12b-25

                                                     SEC File Number 000-09482
                                                        CUSIP Number 628652109

                          NOTIFICATION OF LATE FILING

                                 (Check one):

[ ] Form 10-K    [ ] Form 11   [ ] Form 20-F    [X] Form 10-QSB  [ ] Form N-SAR

                       For Period Ended: December 31, 1999


Read Attached Instruction Sheet Before Preparing Form.  Please Print or Type.

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: N/A


PART I - Registrant Information


Full Name of Registrant COLORADO WYOMING RESERVE COMPANY
                        Former Name if Applicable: Mystique Developments, Inc.


Address of Principal Executive Office (Street and Number)

      751 Horizon Court, Suite 205


City, State and Zip Code

      Grand Junction, CO  81506



<PAGE>

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 or semiannual 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 in reasonable detail the reasons why the Form 10-K, 11-K, 20-F, 10-Q or
N-SAR or portion thereof could not be filed within the prescribed time period.

Signature of only officer of the Company could not be obtained timely.



PART IV - Other Information


      (1)   Name and telephone number of person to contact in regard to this
            notification.

            (Name)            (Area Code)       (Telephone No.)
            Laura Gill        (303)             892-7333

      (2)   Have all other periodic reports required under Section 13 or 15(d)
            of the Securities Exchange Act of 1934 or Section 30 of the
            Investment Company Act of 1940 during the preceding 12 months or for
            such shorter period that the registrant was required to file such
            reports been filed? If answer no, identify report(s).

              [X]  Yes          [ ]  No


<PAGE>

      (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?

              [ ]  Yes          [X]  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 cannot be made.*

             COLORADO WYOMING RESERVE COMPANY
            ---------------------------------------------
            (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: February 14, 2000            By:  /s/J. Samuel Butler
                                      -----------------------------------------
                                   Name: J. Samuel Butler
                                   Title: Director

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.



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