GOLDEN OIL CO /DE/
NT 10-Q, 1999-05-12
CRUDE PETROLEUM & NATURAL GAS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

(Check one)
 [ ] Form 10-K   [ ] Form 20-F   [ ] Form 11-K   [X] Form 10-Q   [ ] Form N-SAR

                        For Period Ended: March 31, 1999


                       [ ] Transition Report on Form 10-K
                       [ ] Transition Report on Form 20-F
                       [ ] Transition Report on form 11-K
                       [ ] Transition Report on Form 10-Q
                       [ ] Transition report on form N-SAR
 
                 For the Transition Period Ended: ______________

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READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FOR. 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 1 - REGISTRANT INFORMATION (Official Text)

Full Name of Registrant:
      Golden Oil Company

Former Name if Applicable:
            N/A

Address of Principal Executive Office (Street and Number):
      550 Post Oak Boulevard, Suite 550

City, State and Zip code
       Houston, Texas 77027

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PART II - RULES 12b-25 (b) and (c)
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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)

      |   (a)  the response described in reasonable detail in Part III of this
      |        form could not be eliminated without unreasonable effort or
      |        expense;
      |
      |   (b)  The subject annual report, semi-annual report, transition report
      |        on form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof
      |        will be filed on or before the fifteenth calendar day following
 [X]  |        the prescribed due date; or the subject quarterly report or
      |        transition report on form 10-Q, or 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.
      
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PART III - NARRATIVE 
- --------------------------------------------------------------------------------

State below in reasonable detail the reasons why the form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
<PAGE>
- --------------------------------------------------------------------------------
PART IV - OTHER INFORMATION 
- --------------------------------------------------------------------------------

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

    Darryl Emmert                713                     622-8492     
      (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 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 report(s) been filed? If answer
      is no, identify reports(s).

                                 [ ] Yes   [X] No  Proxy Statement 1997

(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 statement to be included in the subject report or portion
      thereof?

                                 [ ] Yes   [X] No

                               Golden Oil Company
                  (Name of Registrant as Specified in Charter)

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

By  /s/DARRYL EMMERT                        Date: May 11, 1999

INSTRUCTION: The form may be signed by an executive officer of the regustrant 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 by an authorized representative (other than the
executive officer), evidence of the representative's authority to sign on behalf
of the registrant shall be filed with the form.

- -----------------------------------ATTENTION------------------------------------
INTENTIONAL MISSTATEMENTS OF OMMISIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
- --------------------------------------------------------------------------------

                              GENERAL INSTRUCTIONS

1.   This form is required bt Rule 12b-25 (17 CFR 240. 12b-25) of General Rules
     and Regulations under the Securities Exchange Act of 1934.

2.   One signed original and four conformed copies of this form and amendments
     therto must be completed and filed with the Securities and Exchange
     Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
     General Rules and Regulations under the Act. The information contained in
     or filed with the form will be made a matter of public record in the
     Commission files.

3.   A manually signed copy of the form and amendments thereto shall be filed
     with each national securities exchange on which any class of securities of
     the registrant is registered.

4.   Amendments to the notifications must also be filed on form 12b-25 but need
     not restate information that has been correctly furnished. The form shall
     be clearly identified as an amended notification.


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