U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
[ X ] Check this bos if no longer subject to Section 16. Form 4 or
Form 5 obligations may continue. See Instructions 1(b).
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1. Name and address of reporting person
LONE WOLF EXPLORATION, INC.
8908 South Yale Avenue, Suite 409
Tulsa, OK 74137
2. Issuer name and ticker or trading symbol
LONE WOLF ENERGY, INC. (no ticker or trading symbol)
3. IRS or Social Security Number of Reporting Person (voluntary)
4. Statement for Month/Year
August, 1997
5. If amendment, date of original
N/A
6. Relationship of Reporting Person to Issuer
Other (specify below)
No longer subject to Section 16
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED (See Explanation of Responses, below)
1. Title of Security:
Common Stock, $0.001 par value
2. Transaction Date (Month/Day/Year):
8/29/97
3. Transaction Code:
Code J
4. Securities Acquired (A) or Disposed of (D):
Amount (A) or (D) Price
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3,712,000 (D) N/A
5. Amount of Securities Beneficially Owned at End of Month:
113,000
6. Ownership Form: Direct (D) or Indirect (I):
D
7. Nature of Indirect Beneficial Ownership
N/A
TABLE II- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
N/A
Explanation of Responses:
The outstanding shares of common stock of Lone Wolf Energy, Inc. increased
from 100,000 to 4,250,000 shares as a result of a stock dividend of 42.5 shares
of common stock for each share of common stock owned. The percentage owner-
ship of each shareholder of Lone Wolf Energy, Inc. was not changed. This
resulted in Lone Wolf Exploration, Inc. owning 3,825,000 shares. Of the
3,825,000 shares of Lone Wolf Energy, Inc. owned by Lone Wolf Exploration,
Inc., 3,712,000 shares of Lone Wolf Energy, Inc. were issued as a dividend to
the shareholders of Lone Wolf Exploration, Inc. effective August 29, 1997.
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SIGNATURE OF REPORTING PERSON
LONE WOLF EXPLORATION, INC.
By: /s/ RHONDA R. VINCENT
------------------------
Rhonda R. Vincent
Dated: September 9, 1997 Treasurer and Chief Financial
Officer
