AMERICAN ENERGY GROUP LTD
NT 10-K, 1999-09-30
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

                           Notification of Late Filing

                                                Commission File Number: 0-26402

(Check one)

[X] Form 10-K and Form 10-KSB    [ ] Form 11-K
[ ] Form 20-F                    [ ] Form 10-Q and Form 10-QSB    [ ] Form N-SAR

      For the period ended June 30, 1999

[ ] Transition Report on Form 10-K and Form I O-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11 -K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR

      For the transition period ended __________________

Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

     If the notification relates to a portion of the filing checked above,
identify the item(s) to which notification relates:____________________________

                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant:            The American Energy Group, Ltd.

Former name if applicable:

Address of principal
executive office:                   9315 FM 1489

City, State and Zip Code:           Simonton, Texas 77476

                                       1

<PAGE>
                                     PART II

                             RULE 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-25(b), the
following should be completed. (Check appropriate box.)

     [X] (a) The reasons described in detail in Part III of this form could not
be eliminated without unreasonable effort or expense;

     [X] (b) The subject annual report, semi-annual report, transition report of
Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
on or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and

     [X] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.

                                    PART III

                                    NARRATIVE

     State below in reasonable detail the reasons why Forms 10-K, 10-KSB, 11-K,
20-F, 10Q, 10-QSB, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)


     The Registrant's annual report on Form 10-K could not be filed within the
prescribed time period because the Company's independent auditor has not been
able to complete the audited financial statements required to be included in the
Form 10-K in order for the Form 10-K to be filed in a timely manner.

                                       2

<PAGE>
                                     PART IV

                                OTHER INFORMATION

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

          Bradley J. Simmons          (281)             346-2652
          ------------------       -----------       ------------------
             (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 report(s) been filed?
If the 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.

     Explanation for Form 12b25 Part IV Item (3):     Not Applicable.


EXHIBIT
- -------

1.1       Letter from independent auditor


                                       3

<PAGE>
                         The American Energy Group, Ltd.
                  (Name of Registrant as Specified in Charter)

     Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date September 28, 1999            By /s/ BRADLEY J. SIMMONS
                                          Bradley J. Simmons
                                          President


                                       4

                                                                     EXHIBIT 1.1


                   [JONES, JENSEN & COMPANY, LLC LETTERHEAD]


September 28, 1999

Daniel R. Kirshbaum
Attorney-at-Law
Axelrod, Smith & Kirshbaum
5300 Memorial Drive, Suite 700
Houston, TX 77007

Dear Daniel,

We are currently working on the audit of The American Energy Group, Ltd. for the
year ended June 30, 1999 and are in the final stages of completing the audit.
However, we are still trying to get supporting documentation on a few accounts
and are currently unable to finalize the audit. We hope to have the final
documentation in the next week so that we can issue the audited financial
statements at that time.

Because The American Energy Group, Ltd. is required to file a form 10-K with the
SEC by the end of September, we are requesting that you file the necessary forms
to extend the filing due date for an additional 14 days. That will give us
enough time to finalize the audit. Please call us if there are any problems in
getting the extension. We appreciate your attention to this matter.



Sincerely,


/s/ JONES, JENSEN & COMPANY
    Jones, Jensen & Company



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