FORM 5

5 1 fm5lisz.htm FORM 5 FORM 5

FORM 5

UNITED STATES SECURITES AND EXCHANGE COMMISION
Washington, D.C. 20549

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b)

Form 3 Holdings Reported
Form 4 Transactions Reported

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*

Liszicasz, George
(Last) (First) (Middle)

383 Arbour Lake Way NW
(Street)

Calgary, Alberta, T2G 4A2
(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol

ENERGY EXPLORATION TECHNOLOGIES
"ENXT"

6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

___X _____ Director __X_____ 10% Owner

___X _____ Officer ________ Other

(give title below) (specify below)

Chief Executive Officer

3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

N/A

4. Statement for Month/Year

December 2002

5. If Amendment,
Date of Original
(Month, Year)

7. Individual or Joint/Group Filing (Check Applicable Line)

_X_Form filed by One Reporting Person
__Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-action Date (Month/Day/
Year)

2A. Deemed Execution Date
(Month/Day/Year)

3. Trans-action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)

6.Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

7.Nature of Indirect Beneficial Ownership
(Instr. 4)

Amount

(A) or (D)

Price

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

Common Shares

2/22/99

3/16/00

3/17/00

3/20/00

3/21/00

3/21/00

3/21/00

3/22/00

9/19/01

10/17/01

2/22/99

3/16/00

3/17/00

3/20/00

3/21/00

3/21/00

3/21/00

3/22/00

9/19/01

10/17/01

J¹

S

S

S

S

S

S

S

J²

J²

1,000

200

500

4,150

2,500

1,500

2,200

981

112,644

15,134

D

D

D

D

D

D

D

D

A

N/A

$33.50

$34.00

$33.938

$34.438

$34.938

$34.438

$35.00

$1.15

$1.15

--

--

--

--

-

--

--

5,083,751

--

127,778

D

D

D

D

D

D

D

D

I

Spouse, I. Iascisina

*If the form is filed by more than one reporting person, see Instruction 4(b)(v).

FORM 5 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)

1.Title of Derivative Security
(Instr. 3)

2.Conver-sion or Exercise Price of Deriva-tive Security

3.Transaction Date
(Month/Day/
Year)

4.Trans-action Code
(Instr.8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3,4 and 5)

6.Date Exer-cisable and Expiration Date
(Month/Day/Year)

7.Title and Amount of Underlying Securities
(Instr. 3 and 4)

8.Price of Deriv-ative Secur-ity
(Instr.5)

9.Number of Deriv-ative Secur-ities Bene-ficially Owned at End of Year

(Instr.4)

10.Owner-ship Form of Deriv-ative Security: Direct (D) or Indirect (I)
(Instr. 4)

11.Nature of Indirect Benefi-cial Owner-ship
(Instr. 4)

(A)

(D)

Date
Exer-cisable

Expira-tion
Date

Title

Amount or Number of Shares

Stock Options

$2.00

5/20/97

5/3/03

Common Stock

15,000

$2.00

Stock Options

$2.00

5/20/98

5/20/03

Common Stock

15,000

$2.00

Stock Options

$2.00

5/20/99

5/20/04

Common Stock

15,000

$2.00

45,000

Explanation of Responses:

1. These shares were transferred to an associate of Mr. Liszicasz in lieu of a payment owing to the associate.
2. Mr. Liszicasz's spouse participated in a private placement conducted by Energy Exploration Technologies in 2001.

** Intentional misstatements or omissions of facts constitute Federal Criminal Violation.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

/s/ George Liszicasz
**Signature of Reporting Person

April 8, 2003
Date

Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.