UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
BRANDRUP, DOUGLAS W.
27 EAST 65TH STREET
NEW YORK, NY 10021
2. Issuer Name and Ticker or Trading Symbol
EQUITY OIL COMPANY
EQTY
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
12-31-97
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other
(specify below)
CHAIRMAN OF THE BOARD
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
EQUITY OIL COMPANY COMMON STO|05/15/|A |2,000 |A | | | | |
CK |97 | | | | | | | |
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EQUITY OIL COMPANY COMMON STO|12/31/|A4 |200 |A |3.313 |59,200 |D | |
CK |97 | | | | | | | |
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EQUITY OIL COMPANY COMMON STO|12/02/|S4(1|6,000 |D |3.012 | | | |
CK |97 |) | | | | | | |
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EQUITY OIL COMPANY COMMON STO|12/03/|S4(1|4,800 |D |2.778 |6,000 |I |BY WIFE AND CHILDREN |
CK |97 |) | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Explanation of Responses:
(1) The reporting person disclaims beneficial ownership of all securities held
by his wife and children, and this report should not be deemed an
admission that the reporting person is the beneficial owner of such securities
for purposes of Section 16 or for any other person. The reporting
person was not informed of the sales of indirectly owned securities in early
December until after the Form 4 filing deadline had passed.
