FORELAND CORP
NT 10-Q, 1995-11-15
CRUDE PETROLEUM & NATURAL GAS
Previous: NATIONAL DIVERSIFIED SERVICES INC, 10-Q, 1995-11-15
Next: FORELAND CORP, 10-Q, 1995-11-15



_____________________________
OMB APPROVAL
OMB Number:     3235-0058
Expires:        May 31, 1997
Estimated average burden
hours per response   2.50
_____________________________

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 12b-25

NOTIFICATION OF LATE FILING

SEC FILE NUMBER:  0-14096

CUSIP NUMBER:  345458-10-3

(Check One): [   ] Form 10-K  [   ] Form 20-F  [   ] Form 11-K
             [ X ] Form 10-Q  [   ] Form N-SAR

For Period ended:  September 30, 1995
[     ] Transition Report on Form 10-K
[     ] Transition Report on Form 20-F
[     ] Transition Report on Form 11-K
[     ] Transition Report on Form 10-Q
[     ] Transition Report on Form N-SAR
For the Transition Period Ended:

Read Instruction Before Preparing Form.  Please Print or Type.

Nothing in this 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 the notification relates:





<PAGE>

PART I  REGISTRANT INFORMATION

Foreland Corporation
Full Name of Registrant

N/A
Former Name if Applicable

12596 W Bayaud Avenue Suite 300
Address of Principal Executive Office (Street and Number)

Lakewood, Colorado 80228
City, State and Zip Code


PART II  RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-
25(b), the following should be completed.  (Check box if appropriate)

     (a)  The reasons described in reasonable detail in Part III of
          this form could not be eliminated without unreasonable
          effort or expense;

     (b)  The subject annual report, semi-annual report, transition
          report on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion
          thereof, will be filed on or before the fifteenth calendar
[ X ]     day following the prescribed due date; or the subject
          quarterly report of transition 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.


PART III  NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be
filed within the prescribed time period.

     The Registrant encountered unexpected delays in completing the 
procedure of Edgar conversion and transmission.

(Attach Extra Sheets if Needed)
SEC 1344 (6/93)

<PAGE>
PART IV  OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
notification

N. Thomas Steele                      (303)          988-3122
(Name)                              (Area Code)  (Telephone Number)

(2)  Have all other periodic reports required under Section 13 or
15(d) of the Securities 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 reports) been filed?  If answer is no, identify
report(s).

                         [ X ] Yes       [   ] No

(3)  Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements 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 net loss to be reported for the third quarter of 1995 will be 
approximately $300,000, which is approximately $952,000 less than 
the net loss of $1,249,772 reported in the third quarter of 1994.  
This difference is primarily attributable to a decrease of 
$261,000 in general and administrative expenses which principally 
consisted of one-time charges in the third quarter of 1994, a loss 
of $435,000 reported in the third quarter of 1994 as a loss on the 
sale of certain properties of the registrant, and a decrease in 
dry hole and abandonment expenses of approximately $70,000.

Foreland Corporation
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:  November 14, 1995            By  /s/ N. Thomas Steele
                                      N. Thomas Steele, President

<PAGE>




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission