UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25 SEC File Number
1-12396
NOTIFICATION OF LATE FILING
For Period Ended: March 31, 1998
(Check one): Form 10-K Form 20-F Form 11-K X Form 10-Q
Form N-SAR
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Not applicable
PART I - REGISTRANT INFORMATION
THE BEARD COMPANY
(Exact name of registrant as specified in its charter)
Enterprise Plaza, Suite 320
5600 N. May
Oklahoma City, Oklahoma 73112
(Address of principal executive office)
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 box if appropriate) X
(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 will be filed on or before the fifteenth
calendar day following the prescribed due date; and
(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 formed a new subsidiary on February 9, 1998. The new
subsidiary acquired several properties during that month. The Company has
been unable to obtain the necessary detail to properly account for the
acquisitions and file a complete Form 10-Q by the original filing deadline
of May 15, 1998 without undue effort or expense. It is anticipated that
the Form 10-Q will be completed and filed by the requested extended due
date of May 20, 1998.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Herb Mee, Jr. 405 842-2333
President - Chief (Area code) (Telephone Number)
Financial Officer
(Name)
(2) Have all other periodic reports required under Section 13 or 15(d) or
the Securities Exchange Act of 1934 been filed? If 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. See below explanation.
<PAGE>
SIGNATURES
THE BEARD COMPANY has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
By: HERB MEE, JR.
Herb Mee, Jr.
President - Chief Financial
Officer
Date: May 15, 1998
