<TABLE>
<CAPTION>
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
/ / Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
no longer subject to
Section 16. Form 4 or
Form 5 obligations may Filed pusuant to Section 16(a) of the Securities Exchange Act of 1934,
continue. Section 17(a) of the Public Utility Holding Company Act of 1935
See Instruction 1(b). or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person to
Symbol Issuer (Check all applicable)
<S> <C> <C> <C>
Resource Investors Management Company Texoil, Inc. (TXLI)
(Last) (First) (Middle) 3. IRS Identifi- 4. Statement for ___ Director _X_ 10% Owner
cation Number of Month/Year
Reporting Person, July, 2000 ___ Officer ___ Other
22 Waterville Road if an entity (give title) (specify below)
(Street)
Avon CT 06001
(City) (State) (Zip)
5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
Month/Year ___ Form filed by One Reporting Person
_X_ Form filed by More than One
Reporting Person
</TABLE>
<TABLE>
<CAPTION>
Table 1 -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security 2. Trans- 3. 4. Securities 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action Trans- Acquired (A) Securities ship Form: Indirect
Date action or Disposed of (D) Beneficially Direct Beneficial
Code (Instr. 3,4 and 5) Owned at End of (D) or Ownership
(Month (Instr.8) (A) Month Indirect
/Day/ or (I)
Year) Code V Amount (D) Price (Instr.3 and 4) (Instr. 4) (Instr. 4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $.01 par value 7/18/2000 S 20,000 D $7.0625 See Schedule A See Schedule ASee Schedule A
per share
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(OVER)
(Print or Type Response)
</TABLE>
Page 1 of 2
<PAGE>
<TABLE>
<CAPTION>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2.Con- 3.Tran- 4.Tran- 5. Number 6.Date 7.Title and 8.Price 9.Number 10.Own- 11.Na
Derivative version saction saction of Deriv- Exer- Amount of of of ship ture
Security or Date Code ative cisable and Underlying Deriv- Deriv- Form of In-
(Instr.3) Exercise (Month/ (Instr. Securities Expiration Securities ative ative of direct
Price Day/ 8) Acquired Date (Instr.3,5) Secur- Secur- Deriv- Bene-
of Year) (A) or (Month/Day ity ities ative ficial
Deriv- Disposed Year) (Instr.5) Bene- Secur- Own-
ative of (D) ficially ity: ship
Security (Inst.3,4, Owned Direct (Instr.
and 5) at End (D) or 4)
of Indirect
Month (I)
(Instr.4) (Instr.4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Code V (A) (D) Date Expir- Title Amount
Exer- ation or
cisableDate Number
of
Shares
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C>
By: Attached hereto 8/10/00
------------------------------- -----------
** Signature of Reporting Person Date
Name:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
</TABLE>
Page 2 of 2
<PAGE>
Designated Filer: Resource Investors Management Company Limited Partnership
Issuer Name and Trading Symbol: Texoil, Inc. (TXLI)
Statement for: 7/00
<TABLE>
<CAPTION>
SCHEDULE A
Non-Derivative Securities Disposed of
--------------------------------------------------------------------------------------------------------------------------
5. Amount of Securities 7. Nature of Indirect
Beneficially Owned 6. Ownership Beneficial
Name of Holder at End of Month Form Ownership
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Resource Investors Management 205,215 I By RIMCO Partners, L.P. {1}
Company Limited Partnership 225,215 I By RIMCO Partners, L.P. II {1}
("RIMCO") 96,521 I By RIMCO Partners, L.P. III {1}
257,388 I By RIMCO Partners, L.P. IV {1}
Total: 784,339 I
RIMCO Associates, Inc. ("Associates") 205,215 I By RIMCO Partners, L.P. {2}
225,215 I By RIMCO Partners, L.P. II {2}
96,521 I By RIMCO Partners, L.P. III {2}
257,388 I By RIMCO Partners, L.P. IV {2}
Total: 784,339
RIMCO Partners, L.P. ("RIMCO I") 205,215 D
Roy V. Hood 205,215 I By RIMCO Partners, L.P. {3}
225,215 I By RIMCO Partners, L.P. II {3}
96,521 I By RIMCO Partners, L.P. III {3}
257,388 I By RIMCO Partners, L.P. IV {3}
Total: 784,339
David R. Whitney 205,215 I By RIMCO Partners, L.P. {4}
225,215 I By RIMCO Partners, L.P. II {4}
96,521 I By RIMCO Partners, L.P. III {4}
257,388 I By RIMCO Partners, L.P. IV {4}
Total: 784,339
A. Lee Jorden 205,215 I By RIMCO Partners, L.P. {5}
225,215 I By RIMCO Partners, L.P. II {5}
96,521 I By RIMCO Partners, L.P. III {5}
257,388 I By RIMCO Partners, L.P. IV {5}
Total: 784,339
</TABLE>
**ENDNOTES**
{1} Resource Investors Management Company Limited Partnership ("RIMCO")
is the managing general partner of, and has a 1% profits interest in, RIMCO
Partners, L.P. ("RIMCO I"), RIMCO Partners, L.P. II ("RIMCO II"), RIMCO
Partners, L.P. III ("RIMCO III"), and RIMCO Partners, L.P. IV ("RIMCO IV").
{2} RIMCO Associates, Inc. ("Associates") is the managing general
partner of, and has a 55% interest in RIMCO, which is the managing general
partner, of, and has a 1% profits interest in, RIMCO I, RIMCO II, RIMCO III and
RIMCO IV.
{3} Roy V. Hood is a managing director of RIMCO and a shareholder and
President and director of Associates.
{4} David R. Whitney is a managing director of RIMCO and a shareholder
and Vice President, Treasurer and Secretary and a director of Associates.
{5} A. Lee Jorden is a managing director of RIMCO and a shareholder and
a Vice President and a director of Associates.
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief
of each of the following reporting persons, each reporting person certifies
that the information set forth in this statement is true, complete and
correct.
Date: August 10, 2000 Resource Investors Management Company
Limited Partnership
Signature: By: RIMCO Associates, Inc.,
Its General Partner
By: /s/ David R. Whitney
----------------------------------
Name: David R. Whitney
Title: Vice President
Date: August 10, 2000 RIMCO Associates, Inc.
Signature: By: /s/ David R. Whitney
----------------------------------
Name: David R. Whitney
Title: Vice President
Date: August 10, 2000 RIMCO Partners, L.P.
By: Resource Investors Management
Signature: Company Limited Partnership,
Its General Partner
By: RIMCO Associates, Inc.,
Its General Partners
By: /s/ David R. Whitney
----------------------------------
Name: David R. Whitney
Title: Vice President
Date: August 10, 2000 /s/ Roy V. Hood*
----------------------------------
Signature: Roy V. Hood
Date: August 10, 2000 /s/ A. Lee Jorden*
----------------------------------
Signature: A. Lee Jorden
Date: August 10, 2000 /s/ David R. Whitney
----------------------------------
Signature: David R. Whitney
*By: /s/ David R. Whitney
-----------------------------------
David R. Whitney, Attorney-in-Fact
