<PAGE>
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
OCEANIC EXPLORATION COMPANY
(Name of Issuer)
Common Stock, $.0625 par value
(Title of Class of Securities)
675239107
(CUSIP Number)
Rhonda L. Suiter
8082 S. Niagra Way
Englewood, Colorado 80112
(303) 779-7911
(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
March 8, 1996
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box.
Check the following box if a fee is being paid with this statement. /X/
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of less than five percent
of such class. See Rule 13d-7.)
<PAGE>
CUSIP NUMBER: 675239107 PAGE 2 OF 7 PAGES
- -------------------------------------------------------------------------------
1) Names of Reporting Persons; S.S. or I.R.S. Identification
Western International Technology Corporation
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) N/A
(b) N/A
- -------------------------------------------------------------------------------
3) SEC Use Only
- -------------------------------------------------------------------------------
4) Source of Funds (See Instructions) WC(1)
- -------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) N/A
- -------------------------------------------------------------------------------
6) Citizenship or Place of Organization CO
- -------------------------------------------------------------------------------
Number of 7) Sole Voting Power 545,800
Shares ---------------------------------------------------
Beneficially
Owned by 8) Shared Voting Power 0
Each Reporting ---------------------------------------------------
Person With
9) Sole Dispositive Power 545,800
---------------------------------------------------
10) Shared Dispositive Power 0
- -------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 545,800
- -------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11)
Excludes Certain Shares (See Instructions) N/A
- -------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11) 5.50%
- -------------------------------------------------------------------------------
14) Type of Reporting Persons (See Instructions) CO
- -------------------------------------------------------------------------------
_________________
(1) Funds loaned from the working capital of Western International Technology
Corporation to International Cordillera Limited, a wholly owned subsidiary
of Western International Technology Corporation.
2
<PAGE>
CUSIP NUMBER: 675239107 PAGE 3 OF 7 PAGES
- -------------------------------------------------------------------------------
1) Names of Reporting Persons; S.S. or I.R.S. Identification
International Cordillera Limited
- -------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) N/A
(b) N/A
- -------------------------------------------------------------------------------
3) SEC Use Only
- -------------------------------------------------------------------------------
4) Source of Funds (See Instructions) AF(1)
- -------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) N/A
- -------------------------------------------------------------------------------
6) Citizenship or Place of Organization Bahamas
- -------------------------------------------------------------------------------
Number of 7) Sole Voting Power 545,800
Shares ---------------------------------------------------
Beneficially
Owned by 8) Shared Voting Power 0
Each Reporting ---------------------------------------------------
Person With
9) Sole Dispositive Power 545,800
---------------------------------------------------
10) Shared Dispositive Power 0
- -------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 545,800
- -------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11)
Excludes Certain Shares (See Instructions) N/A
- -------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11) 5.50%
- -------------------------------------------------------------------------------
14) Type of Reporting Persons (See Instructions) CO
- -------------------------------------------------------------------------------
_________________
(1) Funds loaned from the working capital of Western International Technology
Corporation to International Cordillera Limited, a wholly owned subsidiary
of Western International Technology Corporation.
3
<PAGE>
CUSIP NUMBER: 675239107 PAGE 4 OF 7 PAGES
- -------------------------------------------------------------------------------
ITEM 1. SECURITY AND ISSUER
The securities to which this Schedule relates is the common stock, $.0625 par
value of OCEANIC EXPLORATION COMPANY (the "Issuer"). The Issuer's principal
executive offices are located at 5000 South Quebec Street, Suite 450, Denver,
Colorado 80237.
ITEM 2. IDENTITY AND BACKGROUND
This Schedule is being filed jointly on behalf of the following persons
(referred to individually and collectively as "Filer"):
1. (a) Name - Western International Technology Corporation
(b) Principal business address - 8082 S. Niagra Way
Englewood, Colorado 80112
(c) Present principal occupation or employment - The principal
occupation or employment of Filer is a holding company.
(d) During the past five years neither Filer nor (to the best knowledge
of Filer) any person identified on Exhibit A has been convicted in
a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the past five years Filer has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which it was, or is, subject to a
judgment, decree or final order, enjoining future violations of, or
prohibiting or mandating activities subject to federal or state
securities laws, or finding any violation with respect to such
laws.
(f) Citizenship - Colorado
2. (a) Name - International Cordillera Limited
(b) Principal business address - Del Bern House,
11 Victoria Avenue
Nassau, Bahamas
(c) Present principal occupation or employment - The principal
occupation or employment of Filer is investment in securities.
(d) During the past five years neither Filer nor (to the best knowledge
of Filer) any person identified on Exhibit A has been convicted in
a criminal proceeding (excluding traffic violations or similar
misdemeanors).
4
<PAGE>
CUSIP NUMBER: 675239107 PAGE 5 OF 7 PAGES
- -------------------------------------------------------------------------------
(e) During the past five years neither Filer nor (to the best knowledge
of Filer) any person identified on Exhibit A has been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which it was, or is, subject to a
judgment, decree or final order, enjoining future violations of, or
prohibiting or mandating activities subject to federal or state
securities laws, or finding any violation with respect to such
laws.
(f) Citizenship - Bahamas
3. The name, address, present principal employment and citizenship of
each of Filer's directors, executive officers and controlling persons are set
forth in Exhibit A which is attached hereto and incorporated herein by
reference.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Pursuant to a rights offering conducted by the Issuer, International
Cordillera Limited, a wholly owned subsidiary of Western International
Technology Corporation purchased 355,413 shares of Common Stock of the Issuer
for $35,541 in cash from funds borrowed from Western International Technology
Corporation from its working capital funds, increasing the percentage
ownership of International Cordillera Limited of the outstanding securities
of Issuer to in excess of five percent.
ITEM 4. PURPOSE OF TRANSACTION
The Issuer offered to the holders of its outstanding Common Stock of
record at the close of business on January 16, 1996 (the "Record Date"), the
right to subscribe for and purchase at a price of $.10 per share 1.5325
shares of Common Stock for each share of Common Stock held of record on the
Record Date and a prorata portion of any of the offered shares not subscribed
for by other stockholders. The offering raised gross proceeds of $600,100 to
be used by the Issuer to fund future operations of the Issuer, make
reimbursements to NWO Resources, Inc. of advances to the Issuer for legal
fees, including accrued interest up to $100,000, and pay accounts payable.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The aggregate number and percentage of the class of the Issuer's
common stock beneficially owned by the reporting persons is as follows:
5
<PAGE>
CUSIP NUMBER: 675239107 PAGE 6 OF 7 PAGES
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
TOTAL NUMBER OF
SHARES
BENEFICIALLY PERCENTAGE OF
REPORTING PERSON OWNED CLASS
- ---------------- --------------- -------------
<S> <C> <C>
Western International 545,800 5.50%
Technology Corporation
International Cordillera 545,800 5.50%
Limited
</TABLE>
The reporting persons filing this Schedule do not comprise a group with
any other person.
(b) International Cordillera Limited has sole power to vote and to
dispose of 545,800 Shares of Common Stock. Western International Technology
Corporation as the sole owner of International Cordillera Limited, has sole
power to direct the vote and to dispose of or direct the disposition of
545,800 Shares of Common Stock.
(c) Except as set forth herein, neither Filer nor (to the best
knowledge of Filer) any person identified on Exhibit A has effected any
transaction in shares of Common Stock of Issuer during the past 60 days.
(d) N/A
(e) N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following exhibits are filed herewith:
Exhibit A - Name, citizenship, business address and present principal
employment of each director, executive officer and
controlling person of Filer.
6
<PAGE>
CUSIP NUMBER: 675239107 PAGE 7 OF 7 PAGES
- -------------------------------------------------------------------------------
SIGNATURES
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: March 13, 1996
WESTERN INTERNATIONAL TECHNOLOGY
CORPORATION
/s/ Lettie Flower
--------------------------------------
By: Lettie Flower
Title: Treasurer
INTERNATIONAL CORDILLERA LIMITED
/s/ Lettie Flower
--------------------------------------
By: Lettie Flower
Title: Attorney-in-fact
7
<PAGE>
EXHIBIT A
WESTERN INTERNATIONAL TECHNOLOGY CORPORATION
EXECUTIVE OFFICERS AND DIRECTORS
<TABLE>
<CAPTION>
PRINCIPAL OCCUPATION
NAME AND POSITION AND BUSINESS ADDRESS CITIZENSHIP
- ----------------- -------------------- -----------
<S> <C> <C>
John E. Jones, Director Senior Vice President, United States
and President General Atomics,
3550 General Atomics Court
San Diego, CA 92121
Reau Graves, Jr., Chairman of the Board United States
Director Sequoyah Fuels Corporation
I-40 and Highway 10
Gore, OK 74435
Rhonda L. Suiter, President, Utah Gas United States
Director and Secretary Service Company
5000 South Quebec Street,
Suite 650
Denver, CO 80237
Lettie Flower, Staff Accountant, United States
Treasurer General Atomics
3550 General Atomics Court
San Diego, CA 92121
</TABLE>
INTERNATIONAL CORDILLERA LIMITED
EXECUTIVE OFFICERS AND DIRECTORS
<TABLE>
<CAPTION>
PRINCIPAL OCCUPATION
NAME AND POSITION AND BUSINESS ADDRESS CITIZENSHIP
- ----------------- -------------------- -----------
<S> <C> <C>
Gary W. Christie, Investment Banking, Del Bern Bahamian
Director and President House, 11 Victoria Avenue
Nassau, Bahamas
Tootsie V. Hunter, Investment Banking, Del Bern Bahamian
Director and Secretary House, 11 Victoria Avenue
Nassau, Bahamas
PERSON HAVING VOTING CONTROL OF
WESTERN INTERNATIONAL TECHNOLOGY CORPORATION
NONE
</TABLE>
