SECURITIES AND EXCHANGE COMMISSION
Wasington, DC 20549
FORM 10-C
Report by Issuer of Securities Quoted on NASDAQ
Inter-Dealer Quotation System Filed Pursuant to
Section 13 or 15(d) of the Securities Exchange Act
of 1934 and Rules 13a-17 and 15d-17 Thereunder
INLAND RESOURCES INC.
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(Exact Name of Issuer as Specified in Charter)
Suite 1500, 475 17th Street
Denver, Colorado 80202
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(Address of Principal Executive Offices)
(303)292-0900
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(Issuer's Telephone Number, Including Area Code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
1. Title of security: common stock, par value $.001 per share
2. Number of shares outstanding before the change: 4,092,800 shares (after
giving effect to a 1-for-10 reverse stock split effected June 3, 1996)
3. Number of shares outstanding after the change: 5,402,680 shares (after
giving effect to a 1-for-10 reverse stock split effected June 3, 1996)
4. Effective date of change: As of June 12, 1996, the Issuer has the
absolute and unconditional obligation to issue the shares, but may not issue
them until January 2, 1997
5. Method of change: On the effective date of the change, the Issuer
acquired all of the outstanding capital stock of Farmout, Inc., a Utah
corporation, which owns twenty (20) producing oil and gas wells, in a private
transaction pursuant to which the Issuer agreed to issue 1,309,880 shares of
Common Stock.
II. CHANGE IN NAME OF ISSUER
Not applicable.
Date: June 20, 1996 INLAND RESOURCES INC.
By: /s/ Kyle R. Miller
Kyle R. Miller, President
and Chief Executive Officer
