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U.S. 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, 1996
[ ] 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:
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:
Form 10-Q For the Quarterly Period Ended March 31, 1996
Part I - Registrant Information
Full Name of Registrant
Amerac Energy Corporation
Former Name if Applicable
Address of Principal Executive Office (Street and Number)
700 Louisiana, Suite 3330
City, State and Zip Code
Houston, Texas 77002
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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.)
(a) The reasons 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 file
on or before the fifteenth calendar day following 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.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K, 10-
Q, N-SAR or the transition report or portion thereof could not be filed within
the prescribed period.
The registrant filed a proxy statement in March 1996 along with the
Company's Form 10-K for the year ended December 31, 1995. The Securities
and Exchange Commission is presently reviewing these filings and has made
their initial comments. Due to the nature of the comments and their
ultimate resolution, the Company requested an extension of time to file its
Form 10-QSB for the Period ended March 31, 1996.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jeffrey L. Stevens (817) 339-1010
(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 the answer is
no, identify report(s). [X] Yes [ ] No
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(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.
Amerac Energy Corporation
(Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 14, 1996 By: /s/ JEFFERY L. STEVENS
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Jeffery L. Stevens,
Senior Vice-President - Chief Financial Officer
