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F O R M 3 U.S. Securities and Exchange Commission OMB Approval
Washington, D.C. 20549 OMB Number 3235-0104
Expires: December 31, 2001
Estimated ave.burden
hours per response .............0.5
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF
SECURITIES Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company
Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
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<S> <C> <C>
1. Name and Address of Reporting Person* 2. Date of Event Requiring 3. IRS Identification No.
Statement (Month/Day/Yr) of Reporting Person
(Voluntary)
Jones Jeffrey A. 11/10/1999
_____________________________________ _______________________ __________________
(Last) (First) (Middle)
216 Hill Street
__________________________________________ 4. Issuer Name and Ticker or Trading
(Street) Symbol
Albany TX 76430 Texoil, Inc. (TXLI)
_____________________________________ _______________________________________________
(City) (State) (ZIP)
5. Relationship of Reporting Person(s) to Issuer 6. If Amendment, Date of Original
(Check all applicable)
X Director 10% Owner ____________________________________
----------- ---------
Officer Other (Month/Day/Year)
----------- ---------
(give title below) (specify below) 7. Individual or Joint/Group Filing
(Check Applicable Line)
_____________________________________ X Form filed by one Reporting Person
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Form filed by more than one Reporting Person
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* If the Form is filed by more than one Reporting
Person, see Instruction 5(b)(v)
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Table I - Non-Derivative Securities Beneficially Owned
- ------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Securities Direct (D) or Beneficial
Beneficially Indirect (I) Ownership
Owned (Instr. 4) (Instr. 5) (Instr. 5)
No securities owned.
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
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FORM 3 (continued)
Page 2
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- ------------------------------------------------------------------------------------------------------------
Table II - Derivative Securities Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
- ------------------------------------------------------------------------------------------------------------
1. Title of 2. Date Exercisable and 3. Title and Amount of Securities
Derivative Expiration Date Underlying Derivative Security
Security (Month/Day/Year) (Instr. 4)
Date Expiration Amount or Number
Exercisable Date Title of Shares
- -------------------------- ----------- ---------- ---------------- --------------------
- -------------------------- ----------- ---------- ---------------- --------------------
- -------------------------- ----------- ---------- ---------------- --------------------
- -------------------------- ----------- ---------- ---------------- --------------------
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4. Conversion or Exercise 5. Ownership Form of 6. Nature of Indirect Beneficial
Price of Derivative Derivative Security: Ownership
Security Direct (D) or Indirect (I) (Instr. 5)
(Instr. 4) (Instr. 5)
---------------------------- ---------------------------------- ------------------------------
---------------------------- ---------------------------------- ------------------------------
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Explanation of Responses:
/s/ Jeffrey A. Jones 11/22/99
--------------------------------- -----------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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