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, 1997
PART I-REGISTRANT INFORMATION
GulfWest Oil Company
Full Name of Registrant
Former Name if Applicable
16800 Dallas Parkway, Suite 250
Address of Principal Executive Office (Street and Number)
Dallas, Texas 75248
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.
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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 972 250-4440
(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, 1998 By:/s/Jim C. Bigham
Jim C. Bigham, Secretary
