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OMB APPROVAL
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OMB Number 3235-0145
Expires: October 31, 1994
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hours per response 14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
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Tide West Oil Company
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
886355403
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 4 pages
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CUSIP No. 886355403 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Philip B. Smith
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF
SHARES 639,558
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
-0-
EACH ---------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 639,558
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WITH 8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
639,558
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
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CUSIP NO. 886355403 13G Page 3 of 4 Pages
Item 1. (a) Name of Issuer: Tide West Oil Company
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(b) Address of Issuer's Principal Executive Offices:
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6666 South Sheridan Road, Suite 250
Tulsa, Oklahoma 74133-1750.
Item 2. (a) Name of Person Filing: Philip B. Smith
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(b) Address of Principal Business Office:
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6666 South Sheridan Road, Suite 250
Tulsa, Oklahoma 74133-1750.
(c) Citizenship: United States
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(d) Title of Class of Securities: Common Stock,
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par value $.01 per share
(e) CUSIP Number: 886355403
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
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check whether the person filing is a:
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Not Applicable
Item 4. Ownership.
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(a) Amount Beneficially Owned: 639,558 shares*
(b) Percent of Class: 6.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 639,558*
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
639,558*
Page 3 of 4 pages
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CUSIP NO. 886355403 13G Page 4 of 4 Pages
(iv) shared power to dispose or to direct the disposition of: -0-
__________
* Includes 110,000 shares subject to stock options which are currently
exercisable at $7.00 per share and 40,000 shares subject to stock
options which are currently exercisable at $10.00 per share.
Item 5. Ownership of Five Percent or Less of a Class.
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Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
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Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
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Security Being Reported on By the Parent Holding Company.
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Not Applicable
Item 8. Identification and Classification of Members of the Group.
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Not Applicable
Item 9. Notice of Dissolution of Group.
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Not Applicable
Item 10. Certification.
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Not Applicable
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 9, 1996 /s/ Philip B. Smith
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Philip B. Smith
Page 4 of 4 pages
