<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 10-K/A
Amendment No. 1
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Fiscal Year Ended March 31, 1996 Commission File No. 0-6694
MEXCO ENERGY CORPORATION
Incorporated in the State of Colorado 84-0627918
(I.R.S. Employer
Identification No.)
1101 Petroleum Building, Midland, Texas 79701
(Principal Executive Office)
Telephone Number: (915) 682-1119
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Title of Each Class Name of Exchange on Which Registered
------------------- ------------------------------------
Common Stock, $.50 par value None
Indicate by check-mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding twelve (12) months (or for such shorter period that the Registrant
was required to file such reports) and (2) has been subject to such filing
requirements for the past ninety (90) days.
Yes X No
------- -------
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K ((S)229.405 of this chapter)is not contained herein, and will
not be contained, to the best of Registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or an amendment to this Form 10-K. [X]
The aggregate market value of the common stock of the Registrant held by non-
affiliates was approximately $ 576,792 based upon the closing bid price of the
Registrant's common stock as of May 31, 1996.
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE
SHEET AND STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1995
<PERIOD-END> MAR-31-1996
<CASH> 172,112
<SECURITIES> 0
<RECEIVABLES> 108,583<F1>
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 280,695
<PP&E> 4,902,661
<DEPRECIATION> 2,571,317
<TOTAL-ASSETS> 2,612,039
<CURRENT-LIABILITIES> 32,584
<BONDS> 0
0
0
<COMMON> 711,614
<OTHER-SE> 1,833,531
<TOTAL-LIABILITY-AND-EQUITY> 2,612,039
<SALES> 798,589
<TOTAL-REVENUES> 834,073
<CGS> 272,892
<TOTAL-COSTS> 535,284
<OTHER-EXPENSES> 86,484
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 212,305
<INCOME-TAX> 11,699
<INCOME-CONTINUING> 200,606
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 200,606
<EPS-PRIMARY> .15
<EPS-DILUTED> .15
<FN>
<F1>INCLUDES $12,297 FROM A RELATED PARTY.
</FN>
</TABLE>
