SPINDLETOP OIL & GAS CO
SC 13D, 1999-12-13
CRUDE PETROLEUM & NATURAL GAS
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                United States Securities And Exchange Commission
                             Washington, D.C. 20549



                                  SCHEDULE 13D


                    Under The Securities Exchange Act Of 1934


                            Spindletop Oil & Gas Co.
                       ---------------------------------
                                 Name of Issuer


                                 Common Stock
                       ----------------------------------
                          Title of Class of Securities

                                   848550 20 8
                      -----------------------------------
                                  CUSIP Number

                           Chris G. Mazzini, President
                               Giant Energy Corp.
                           9319 LBJ Freeway Suite 205
                               Dallas, Texas 75243
                                 (972) 644-4710
             ------------------------------------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)


                                December 1, 1999
             -------------------------------------------------------
              Date of Event which Requires Filing of this Statement

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
Schedule  because of Rule  13d-1(e),  13d-1(f) or 13d-1(g),  check the following
box: [ ]

Note:  Schedules  filed in paper format shall include a signed original and five
copies of the  schedule,  including  all  exhibits.  See Rule 13d-7(b) for other
parties to whom copies are to be sent.




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                                  SCHEDULE 13D


CUSIP NO. 848550 20 8

         1. NAME OF REPORTING PERSONS
            IRS IDENTIFICATION NO OF ABOVE ENTITY

              Giant Energy Corp
              75-2063005

         2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
                                                             (b) [ ]


         3. SEC USE ONLY



         4. SOURCE OF FUNDS

                  WC

         5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ]
            PURSUANT TO ITEMS 2(d) or 2(e)

         6. CITIZENSHIP OR PLACE OF ORGANIZATION

                  State of Texas


                                           7. SOLE VOTING POWER
                                                5,860,889
         Number of Shares
         Beneficially Owned                 8. SHARED VOTING POWER
         By Each Reporting                      None
         Person
                                            9. SOLE DISPOSITIVE POWER
                                                5,860,889

                                           10. SHARED DISPOSITIVE POWER
                                                None


         11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  5,860,889

         12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
             CERTAIN SHARES


         13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                  77.88

         14. TYPE OF REPORTING PERSON
                  CO



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Item. 1 Security and Issuer

This Schedule 13D relates to the common stock, par value $.01 per share
of Spindletop Oil & Gas Co. (the "Company"), a Texas Corporation.  The principal
executive  offices of the Company  are  located at 9319 LBJ  Freeway  Suite 205,
Dallas, Texas 75243.

Item. 2 Identity and Background

This Schedule 13D is filed by Giant Energy Corp. ("Giant"), a Texas Corporation.
Giant's principal business is oil and gas exploration and production. Giant's
principal offices are located at 9319 LBJ Freeway Suite 205, Dallas,Texas 75243.

During  the last  five  years  neither Giant or any of its executive officers or
directors  has been  convicted in a criminal  proceeding  (excluding traffic
violations  or  similar  misdemeanors)  or has  been a party to a civil
proceeding  of a  judicial  or  administrative  body of  competent  jurisdiction
resulting in a judgement,  decree or final order enjoining future violations of,
or prohibiting or mandating  activities  subject to, federal or state securities
laws, or finding any violation with respect to such laws.

All  executive  officers  and  directors  of Giant are  citizens of the United
States.  The name,  business  address and present  principal  occupation
(including the name and address of the corporation or organization in which such
employment is conducted) of each executive  officer and director is set forth in
Schedule A to this Schedule 13D.

Item 3. Source and Amount of Funds or Other Consideration

Pursuant to a Stock Purchase Agreement dated December 1, 1999 between Paul E.
Cash (Mr. Cash) and Giant, Giant purchased controlling interest of Company.

Giant purchased 5,860,889 shares of the Company's outstanding Common Stock from
Mr. Cash. Giant used private cash funds or working capital in making the
purchase. No funds were borrowed for the purpose of making the acquisitions.

Item 4. Purpose of Transaction

The reporting company acquired the Company for the purpose of expanding its oil
and gas holdings and acquiring additional reserves. The reporting company has no
plans which would result in the acquisition by any person of additional
securities of the Company or the disposition of shares of the Company.


Item 5. Interest in Securities of the Issuer

No additional shares of common stock or other equity instrument were issued as
a result of this  transaction.  Giant has sole voting and  dispositive
power with respect to such shares above.

Except as described herein, neither the Company, or to the best of the Company's
knowledge, any other person referred to in Schedule A attached hereto, has
acquired or disposed of any Shares of the Company during the past 60 days.


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Item. 6 Contracts, Arrangements, Understandings or Relationships with Respect
        to Securities of the Issuer

Except for the Stock Purchase  Agreement,  none of the persons named in Item 2
has any contracts,  arrangements,  understandings or relationships (legal or
otherwise)  with any persons with respect to any  securities of the Company,
including but not limited to,  transfers of voting of any  securities,  finder's
fees, joint ventures, loan or option arrangements,  puts or calls, guarantees of
profits, division of profits or loss, or the giving or withholding of proxies.

Item. 7 Materials to be filed as Exhibits

        None



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                                    SIGNATURE

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


Dated: December 13, 1999            BY: /s/ Chris G. Mazzini
                                            --------------------
                                            Chris G. Mazzini
                                            President



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                                                        SCHEDULE A

Directors and Executive Officers of Giant Energy Corp.

The name, business address, title, present principal occupation or employment of
each of the directors  and  executive  officers of Giant Energy Corp (Giant) are
set forth below.  If no business  address is given the  director's  or officer's
business  address is 9319 LBJ Freeway  Suite 205,  Dallas,  Texas 75243.  Unless
otherwise  indicated,  each occupation set forth opposite an  individual's  name
refers to Giant.

Name and Business Address                   Present Principal Occupation
- -------------------------                   ----------------------------
Directors

Chris G. Mazzini........................... President, Treasurer, and Chief
9319 LBJ Freeway, Suite 205                 Executive Officer; Geologist
Dallas, Texas 75243

Michelle H. Mazzini.........................Vice President and Secretary;
9319 LBJ Freeway, Suite 205                 Attorney
Dallas, Texas 75243

Executive Officers
(Who are not directors) None




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