SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
March 17, 1997
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Date of Report (Date of earliest event reported)
Double River Oil & Gas Co.
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(Exact name of registrant as specified in its charter)
Texas 2-71175 75-1729359
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
9319 LBJ Frwy., Suite 205 Dallas, Texas 75243
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(Address of principal executive offices)
(972) 644-2581
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Registrant's telephone number, including are code
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(Former name or former address, if changed since last report.)
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Double River Oil & Gas Co.
Form 8-K
Item 4. Changes in Registrant's Certifying Accountant.
(a) The Board of Directors of Double River Oil & Gas Co. has
engaged the accounting firm of Ernst & Young LLP as
independent accountants for the Registrant since 1994. By
letter dated March 13, 1997, Ernst & Young LLP resigned as
independent auditors for the company because of unpaid audit
fees for the prior year ended December 31, 1995. The company
does not currently have sufficient cash funds to pay such
fees. There is no dispute as to the amount owed.
(b) During the two most recent fiscal years and interim period
subsequent to December 31, 1995, there has been no
disagreements with Ernst & Young LLP on any matter of
accounting principles or practices, financial statement
disclosures, or auditing scope or procedure or any reportable
events.
(c) Report on the financial statements for the two years ended
December 31, 1995 contained no adverse opinion or disclaimer
of opinion and was not qualified or modified as to
uncertainty, audit scope, or accounting principles.
(d) The Registrant has requested that Ernst & Young LLP furnish it
with a letter addressed to the SEC stating whether it agrees
with the above statements. A copy of Ernst & Young LLP's
letter to the SEC dated March 24, 1997, is filed as Exhibit 16
to the form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed by the undersigned thereunto
duly authorized.
DOUBLE RIVER OIL & GAS CO.
Dated: March 24, 1997
By:/s/ Paul E. Cash
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Paul E. Cash
Vice President
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EXHIBIT 16
March 24, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated March 24, 1997, of Double River Oil & Gas
Co. and are in agreement with the statements contained in the 4 paragraphs on
the page therein. We have no basis to agree or disagree with other statements of
the registrant contained therein.
Ernst & Young LLP