COLUMBUS ENERGY CORP
POS AM, 1999-05-27
CRUDE PETROLEUM & NATURAL GAS
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                      Registration Statement No. 333-48714

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                         Post-Effective Amendment No. 1

                                       To

                      The Captioned Registration Statement
                                       on
                                    Form S-3

                            ------------------------
                             COLUMBUS ENERGY CORP.
               (Exact name of Registrant as specified in Charter)
                            ------------------------

             COLORADO               84-0891713                  1330
         ---------------         -----------------      ------------------------
         (State or other          I.R.S. Employer        (Standard Industrial
         Jurisdiction of         Identification No.     Classification Code No,)
          organization)

                           1660 Lincoln Street, #2400
                             Denver, Colorado 80264
                                 (303) 861-5252

          (Address, including zip code and telephone number, including
            area code, of Registrant's principal executive offices)

                            Harry A. Trueblood, Jr.
                           1660 Lincoln Street, #2400
                             Denver, Colorado 80264
                                 (303) 861-5252

                   (Name, addresses, including zip codes and
          telephone number, including area code, of agent for service)

                      ------------------------------------

     The  purpose  of  this  Post-Effective  Amendment  No.  1 to the  captioned
Registration   Statement  is  to   deregister   the  shares  unsold  under  this
Registration  Statement. Of the 632,984 shares which were offered, 74,291 shares
have been sold and the remaining 558,693 shares are hereby deregistered.

<PAGE>


     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.


SIGNATURE                                 TITLE                         DATE
- ---------                                 -----                         ----

     Principal Executive Officer
     ---------------------------

*_________________________________  Chairman of the Board          May 26, 1999
 Harry A. Trueblood, Jr.

     Principal Financial and Accounting Officer
     ------------------------------------------

*_________________________________  Vice President                 May 26, 1999
 Ronald H. Beck

     Majority of Board of Directors
     ------------------------------

*_________________________________  Director                       May 26, 1999
 J. Samuel Butler

*_________________________________  Director                       May 26, 1999
 William H. Blount, Jr.

*_________________________________  Director                       May 26, 1999
 Clarence H. Brown

*_________________________________  Director                       May 26, 1999
 Harry A. Trueblood, Jr.


* /s/ H C Gutjahr
      ----------------------------
      By H. C. Gutjahr as attorney-in-
      fact for each of the persons
      whose name is noted above with
      an asterisk(*)



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