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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): February 11, 1997
CASTLE ENERGY CORPORATION
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(Exact Name of Registrant as Specified in Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation or Organization)
0-10990 76-0035225
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(Commission File Number) (I.R.S. Employer Identification No.)
One Radnor Corporate Center, Suite 250, 100 Matsonford Road, Radnor, PA 19087
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(Address of Principal Executive Offices) (Zip Code)
(610) 995-9400
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(Registrant's telephone number, including area code)
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(Former Name or Former Address, if Changed Since Last Report)
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Castle Energy Corporation ("Castle"), the Registrant, submits the
following information:
Item 4. Changes in Registrant's Certifying Accountant
Previous independent accountants
(i) On February 11, 1997, Price Waterhouse LLP resigned as the
independent accountants of Castle Energy Corporation.
(ii) The reports of Price Waterhouse LLP on the financial
statements for the past two fiscal years contained no adverse
opinion or disclaimer of opinion and were not qualified or
modified as to uncertainty, audit scope or accounting
principle.
(iii) In connection with its audits for the two most recent fiscal
years and through February 11, 1997, there have been no
disagreements with Price Waterhouse LLP on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of Price
Waterhouse LLP would have caused them to make reference
thereto in their reports on the financial statements for such
years.
(iv) During the two most recent fiscal years and through February
11, 1997, there have been no reportable events (as defined in
Regulation S-K Item 304(a)(1)(v)).
(v) The Registrant has requested that Price Waterhouse LLP
furnish it with a letter addressed to the SEC stating whether
or not it agrees with the above statements. A copy of such
letter, dated February 11, 1997, is filed as Exhibit 16 to
this Form 8-K.
Item 7. Exhibits and Reports on Form 8-K
Exhibit Description
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16 Letter regarding Change in Certifying Accountant
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CASTLE ENERGY CORPORATION
Date: February 13, 1997 By: /s/RICHARD E. STAEDTLER
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Richard E. Staedtler
Chief Financial Officer
Chief Accounting Officer
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Exhibit 16
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
Castle Energy Corporation
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We have read Item 4 of Castle Energy Corporation's Form 8-K dated February 11,
1997 and are in agreement with the statements contained therein.
PRICE WATERHOUSE LLP
Philadelphia, PA
February 11, 1997
