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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Castle Energy Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
148449309
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(CUSIP Number)
January 1, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-1(c)
/X/ Rule 13d-1(d)
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1. Names of Reporting Persons. I.R.S.
Identification Nos. of above persons (entities only).
Arthur A. Watson, Jr.
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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
U.S.
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Number of 5. Sole Voting Power 0
Shares Bene-
fically by 6. Shared Voting Power 12,000
Owned by Each
Reporting 7. Sole Dispositive Power 0
Person With:
8. Shared Dispositive Power 12,000
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
12,000
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares / /
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11. Percent of Class Represented by Amount in Row (9)
0.5
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12. Type of Reporting Person (See Instructions)
IN
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SCHEDULE 13G
ITEM 1(a). CASTLE ENERGY CORPORATION
ITEM 1(b). One Radnor Corporate Center
100 Matsonford Road Suite 250
Radnor, PA 19087
ITEM 2(a). Arthur A. Watson, Jr.
ITEM 2(b). 2787 Burning Daylight Farm
Free Union, Virginia 22940
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ITEM 2(c). U.S.
ITEM 2(d). Common Stock
ITEM 2(e). 148449309
ITEM 3. None apply
ITEM 4(a). Incorporated by reference to item (9) on the attached cover
page(s).
ITEM 4(b). Incorporated by reference to item (11) on the attached cover
page(s).
ITEM 4(c). (i). Incorporated by reference to item (5) on the attached
cover page(s).
(ii). Incorporated by reference to item (6) on the attached
cover page(s).
(iii). Incorporated by reference to item (7) on the attached
cover page(s).
(iv). Incorporated by reference to item (8) on the attached
cover page(s).
ITEM 5. Ownership of 5 Percent or Less of a Class. If this
statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the
beneficial owner of more than 5 percent of the class of
securities, check the following [X].
ITEM 6. There are people other than the reporting person who are known
to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of,
such securities. However no such interest relates to more than
five percent of the class.
ITEM 7. Not Applicable
ITEM 8. Not Applicable
ITEM 9. Not Applicable
ITEM 10. 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 1, 2000
By: /s/ Arthur A. Watson, Jr.
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Arthur A. Watson, Jr.