<PAGE>
------
FORM 4
------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
/X/ Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue.
SEE Instruction 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Name and Address of 2. Issuer Name AND Ticker 6. Relationship of Reporting Person(s) to Issuer
Reporting Person* or Trading Symbol (Check all applicable)
Resource Investors Texoil, Inc. (TXLI) / / Director /X/ 10% Owner
Management Company / / Officer (give title) / / Other (Specify below)
---------------------
-----------------------------------------------------------------------------------------------------------------------------------
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement
Number of Reporting for Month/Year
22 Waterville Road Person (Voluntary) Sept. 00
-----------------------------------------------------------------------------------------------------------------------------------
(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Avon CT 06001 Date of Original (Check Applicable Line)
(Month/Year) / / Form filed by One Reporting Person
/X/ Form filed by More than One
Reporting Person
-----------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip)
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2.Trans- 3.Trans- 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature if
(Instr. 3) action action (A) or Disposed of Securities Form: Indirect
Date Code (D) (Instr. 3, Beneficially Direct (D) or Beneficial
(Month/ (Instr. 4 and 5) Owned at End Indirect (I) Ownership
Day/Year) 8) of Month (Instr. 4) (Instr. 4)
(Instr. 3
and 4)
-----------------------------------------------------------------------------------------------------------------------------------
(A)
Code V Amount or Price
(D)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $.01 par value per share 9/5/2000 S 40,000 D $8.688 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/5/2000 S 10,000 D $8.750 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/7/2000 S 10,000 D $8.530 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/8/2000 S 12,500 D $8.000 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/11/2000 S 30,000 D $8.000 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/12/2000 S 17,715 D $8.080 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/15/2000 S 10,000 D $7.875 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value per share 9/18/2000 S 30,000 D $7.720 See Schedule See Schedule See Schedule
A A A
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* 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)
<PAGE>
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS,
OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
1.Title of 2.Conver- 3.Trans- 4.Trans- 5. Number of 6. Date Exer- 7. Title and 8.Price 9.Number 10.Owner- 11.Nature
Derivative sion or action action Derivative cisable and Amount of of of ship of
Security Exercise Date Code Securities Expiration underlying Deriv- Deriv- Form of Indirect
(Instr. 3) Price of (Month (Instr.8) Acquired (A) Date Securities ative ative Deriv- Benefi-
Deri- /Day/ or Disposed (Month/Day/ (Instr. 3 Secur- Secur- ative cial
vative Year) of (D) (Instr. Year) and 4) ity ities Security: Owner-
Security 3, 4 and 5) (Instr. Bene- Direct ship
5) ficially (D) or (Instr.
Owned at Indirect 4)
End of (I)
Month (Instr.
(Instr. 4)
4)
Date Expira- Title Amount
Exer- tion or
cisable Date Number
of Shares
-----------------------------------------------------------------------------------------------------------------------------------
Code V A D
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
By: Attached hereto 10/3/00
-------------------- ---------
**Signature of Reporting Person Date
Name:
**Intentional misstatements or ommisions 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 is insufficient, SEE Instruction 6 for procedure.
Page 2
<PAGE>
Designated Filer: Resource Investors Management Company Limited Partnership
Issuer Name and Trading Symbol: Texoil, Inc. (TXLI)
Statement for: 9/00
SCHEDULE A
Non-Derivative Securities Disposed of
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
5. Amount of Securities
Beneficially Owned at 6. Ownership 7. Nature of Indirect
Name of Holder End of Month Form Beneficial Ownership
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Resource Investors Management Company Limited 225,215 I By RIMCO Partners, L.P. II(1)
Partnership ("RIMCO")
-----------------------------------------------------------------------------------------------------------------------------------
96,521 I By RIMCO Partners, L.P. III(1)
-----------------------------------------------------------------------------------------------------------------------------------
257,388 I By RIMCO Partners, L.P. IV(1)
-----------------------------------------------------------------------------------------------------------------------------------
579,124
-----------------------------------------------------------------------------------------------------------------------------------
RIMCO Associates, Inc. ("Associates") 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: 579,124
-----------------------------------------------------------------------------------------------------------------------------------
RIMCO Partners, L.P. ("RIMCO I") 0
-----------------------------------------------------------------------------------------------------------------------------------
Roy V. Hood 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: 579,124
-----------------------------------------------------------------------------------------------------------------------------------
David R. Whitney 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)
-----------------------------------------------------------------------------------------------------------------------------------
579,124
-----------------------------------------------------------------------------------------------------------------------------------
A. Lee Jorden 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: 579,124
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
----------------------
(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") 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 director of Associates.
-2-
<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: October 3, 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: October 3, 2000 RIMCO Associates, Inc.
Signature: By: /s/ David R. Whitney
-------------------------------------
Name: David R. Whitney
Title: Vice President
Date: October 3, 2000 RIMCO Partners, L.P.
By: Resource Investors Management
Signature: Company Limited Partnership,
Its General Partner
By: RIMCO Associates, Inc.,
Its General Partner
By: /s/ David R. Whitney
-------------------------------------
Name: David R. Whitney
Title: Vice President
Date: October 3, 2000
/s/ Roy V. Hood*
-----------------------------------------
Signature: Roy V. Hood
Date: October 3, 2000
/s/ A. Lee Jorden*
-----------------------------------------
Signature: A. Lee Jorden
Date: October 3, 2000
/s/ David R. Whitney
-----------------------------------------
Signature: David R. Whitney
*By: /s/ David R. Whitney
-------------------------------------------
David R. Whitney, Attorney-in-Fact
-2-
