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-------------- U.S. SECURITIES AND EXCHANGE COMMISSION ---------------
WASHINGTON, D.C. 20549 SEC FILE NUMBER
FORM 12B-25
NOTIFICATION OF LATE FILING 0-10990
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(CHECK ONE) ---------------
CUSIP NUMBER
/ / Form 10-K / / Form 11-K / / Form 20-F /x/ Form 10-Q
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For Period Ended: March 31, 1995 OMB Approval
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Expires 31 Oct 1988
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Read Instruction (on back page) 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.
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant Castle Energy Corporation
Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
One Radnor Corporate Center
100 Matsonford Road, Suite 250
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City, State and Zip Code
Radnor, PA 19087
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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 reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
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| (b) The subject annual report/portion thereof will be filed on or
/X/ | before the fifteenth calendar day following the prescribed due
| date; or the subject quarterly report/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
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State below in reasonable detail the reasons why the Form 10-K, 11-K,
20-F or 10-Q, or portion thereof, could not be filed within the
prescribed time period.
The Company is in the process of selling or abandoning its refining
operations. As a result of the review of the Form 10-Q by directors,
independent accountants and outside legal counsel, the Company will be
unable to file its Form 10-Q by May 15, 1995.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification
Richard E. Staedtler 610 995-9400
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(NAME) (AREA CODE) (TELEPHONE NUMBER)
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(2) Have all other periodic reports required (under Section 13 or 15(d)
of the Securities Exchange Act of 1934) during the preceding 12 months
(or for such shorter period that the registrant was required to file
such reports) been filed? If 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?
/X/ Yes / / 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 can not be made.
The Company had net income of approximately $6.7 million in the quarter
ended March 31, 1994. For the quarter ended March 31, 1995 net income
is expected to approximate break-even. The factors causing this
difference are numerous.
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Castle Energy Corporation
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(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 12, 1995 BY Richard E. Staedtler
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Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the
registrant 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 shall be
filed with the form.
ATTENTION
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Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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GENERAL INSTRUCTIONS
1. This Form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this Form and
amendments thereto 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.
