U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 5
ANNUAL 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
Alan W. Harvey
Reporting Person
2540 South Shore Boulevard, Suite 210
Houston, Texas 77573
Basic Natural Resources, Inc.
Issuer Name
###-##-####
Social Security Number of Reporting Person
December, 1996
Month and Year
President, CEO, Director, and 10% Owner
Relationship of Reporting Person
Common Stock $.003 par value
Title of Security
December 23, 1996
Transaction Date
Transaction Code "P"
Securities Acquired
1,217,500 $3,652.50
Amount Price
1,217,500 Securities Owned at End of Issuer's Fiscal Year
Direct Ownership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) Does Not Apply.
/s/ Alan W. Harvey 1/31/97
Reporting Person Date
