GULFWEST OIL CO
NT 10-K, 1997-03-31
CRUDE PETROLEUM & NATURAL GAS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25


                           NOTIFICATION OF LATE FILING


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

                       For Period Ended: December 31, 1996


PART I-REGISTRANT INFORMATION

  GulfWest Oil Company                                                         
Full Name of Registrant

                                                                               
Former Name if Applicable

  2644 Sherwood Forest Plaza, Suite 229                            
Address of Principal Executive Office (Street and Number)

  Baton Rouge, Louisiana 70816                                                 
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-25b,  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 expenses;  (X) (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 day  following  the  prescribed  due date;  or the
     subject  quarterly  report or  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.

<PAGE>

PART III-NARRATIVE

The Company is in the process of  preparing  its annual  10-K  report;  however,
certain financial information  necessary was not readily available.  To complete
this  report in a timely  manner  would have  required  unreasonable  effort and
expense on the part of the Company.  The 10-K report will be filed no later than
April 15, 1997.

PART IV-OTHER INFORMATION

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

        Jim C. Bigham, Secretary      504             293-1100     
                   (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?  ( )Yes  (X)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.
                                                                               

                              GULFWEST OIL COMPANY
                  (Name of Registrant as Specified in Charter)

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


Date: March 31, 1997              By:/s/Jim C. Bigham
                                  Jim C. Bigham, Secretary



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