Securities and Exchange Commission
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
[X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ] Form N-SAR
For the Period Ended: December 31, 1999
PART I - Registrant Information
Spindletop Oil & Gas Co.
(Full Name of Registrant)
9319 LBJ Freeway Suite 205
Dallas, Texas 75243
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-25(b), the following should
be completed. (Check if appropriate)
____ (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
____ (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 of transition
report on Form 10-Q, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date;
____ (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 the Form 10-K could not be
filed within the prescribed time period.
The Company had a change in control. New management has been reviewing and
evaluating all areas of operations. Additionally, the engineering report for
the oil and gas reserves was not made available in time to file Form 10-K
timely.
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PART IV - Other Information
(1) Name and telephone of person to contact in regard to this notification:
Gary Goodnight (972) 644-2581
(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) YES [X] 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 [ ] NO [X]
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.
Spindletop Oil & Gas Co.
(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 30, 2000 By: /s Chris Mazzini
----------------
Chris Mazzini
President
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