UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25 (Amendment 1)
NOTIFICATION OF LATE FILING
(Amended to add Exhibit)
(Check One):(X)Form 10-K ( )Form 20-F ( )Form 11-K ( )Form 10-Q ( )Form N-SAR
For Period Ended: December 31, 1999
PART I-REGISTRANT INFORMATION
GulfWest Oil Company Full Name of Registrant
Former Name if Applicable
397 N. Sam Houston Parkway East, Suite 375
Address of Principal Executive Office (Street and Number)
Houston, Texas 77060
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)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expenses;
(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
12b25(c) has been attached if applicable.
<PAGE>
PART III-NARRATIVE
The Company is in the process of preparing its annual report on Form 10-K.
To complete this report in a timely manner would have required unreasonable
effort and expense on the part of the Company due to the necessity of
assimilating and analyzing the financial data associated with the year-end
acquisition of oil and gas properties.
PART IV-OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jim C. Bigham, Secretary
(Name)
281 820-1919
(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 29, 2000 By /s/Jim C. Bigham
Jim C. Bigham, Secretary
<PAGE>
Exhibit 28.1
(Weaver and Tidwell, L.L.P. Letterhead)
March 30, 2000
United States Securities and Exchange Commission
Washington, D. C. 20549
Re: GulfWest Oil Company
Commission File #: 1-12108
Gentlemen:
We are unable to furnish our required opinion on the financial statements
of GulfWest Oil Company to be included in Form 10-K as of and for the year ended
December 31, 1999 by March 30, 2000 because GulfWest Oil Company is assimilating
and analyzing the financial data associated with the year end acquisition of oil
and gas properties. We anticipate providing our opinion before April 14, 2000.
Sincerely,
WEAVER ABD TIDWELL, L.L.P.
By /s/ Terry E. Ford
Terry E. Ford, CPA, Partner
