SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
SEC File No.: 0-12500
NOTIFICATION OF LATE FILING
(Check One)
|_| Form 10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q
|_| Form N-SAR
For the Period Ended: March 31, 2000
Nothing in the form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s)to which notification relates:
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PART I. REGISTRANT INFORMATION
Full Name of Registrant: ISRAMCO, INC
Address of Principal Executive
office (Street and Number): 1770 St. James Place, Suite 607
City, State and Zip Code: Houston, Texas, 77056
PART II. RULE 12b-25 (b) AND (c)
If the subject report could not be filed in reasonable detail without
unreasonable effort or expense and the Registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check appropriate box)
|x| (a) The reasons described in reasonable detail in Part III of this Form
could not be eliminated without unreasonable effort or expense:
|x| (b) The subject annual report, semi-annual report, transition report on
Form 10-K or Form 20-F, 11-K or Form N-SAR, or portion thereof, will be
filed on or before the 15th calendar day following the prescribed due
date: the subject quarterly report on Form 10-Q, or 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.
<PAGE>
PART III. NARRATIVE
The Registrant is unable to file its quarterly report on Form 10-Q for the
quarter ended on March 31, 2000 (the "Quarterly Report") by the prescribed date
of May 15, 2000 without unreasonable effort or expense due to unforeseen
circumstances encountered in closing and consolidating with its subsidiaries the
Registrant's books and records for the quarter ended March 31, 2000. The
registrant intends to file the Quarterly Report on or prior to May 22, 2000.
PART IV. OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Monroe Cutler 713 621-3882
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities and Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
|x| Yes | | No
(3) Is it anticipated that any significant change in results of operation
from the corresponding period for the last fiscal year will be reflected by the
earnings statement 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 cannot be made.
The Company anticipates that it will report a net gain of approximately
$2,700,000 in respect of the three months ended on March 31, 2000,
compared to a net gain of $304,000 for the same period in 1999. The
increase is attributable primarily to the proceeds received by the
Company from transactions relating to certain of its Israeli offshore
licenses.
ISRAMCO, INC.
(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 16, 2000 By: /s/ Haim Tsuff
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Chairman of Board and
Chief Executive Officer
Attention Intentional misstatements or omissions of fact constitute criminal
violations (See 18 U.S.C. 1001)
