SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 12b-25
NOTIFICATION OF LATE FILING
Form 10-K Form 20-F Form 11-K X Form 10-Q Form N-SAR
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Commission file number 0-30653
BASIC ENERGY, INC.
Full Name of Registrant
N/A
Former Name of Registrant
3771 South State Street
Salt Lake City, Utah 84115
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Address of Principle Executive Offices (street and number)
UTAH
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State of Incorporation
Part II - Rules 12b-25 (b) and (c)
If the subject could 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 of expense;
X (b) The subject annual report, semi-annual report, transition
---- report on Form 10-K, Form 20-F, Form 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 or transition report on Form 10-Q,
or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
(c) The accountant's statements or other exhibit required by
---- Rule 12b-25 (c) has been attached if applicable.
Part III - Narrative
The Company was delayed in compiling certain information necessary for
it to complete its annual report for the year ended June 30, 2002. The
Company expects to complete and file its annual report on Form 10KSB
on or before October 14, 2002.
Part IV - Other Information
1. Name and telephone number of person to contact in regard to this
notification
Ronald Poulton (801) 355-1341
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Name Area Code Telephone Number
2. Have all other reports required under Section 13 or 15 (b) of the
Securities and Exchange Act of 1934 or Section 30 or the
Investments 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).
X Yes No
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3. There are not any significant changes anticipated in the results
of operations from the corresponding period of the last quarter
that will be reflected by the earnings statements to be included
in the subject report portion thereof.
Basic Energy, Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 27, 2002 By:/S/ Jay W. Gibson
Jay W. Gibson, President