-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HX7q2KkfpYiTye3DfyZ8OGxrPYizzZJnBVfyx8XN3B+uubi5lBBKwWAmkGfhe4gP IDZYuWchB35ibNu7aVrV8g== 0000950129-96-001931.txt : 19960816 0000950129-96-001931.hdr.sgml : 19960816 ACCESSION NUMBER: 0000950129-96-001931 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960630 FILED AS OF DATE: 19960814 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: MIDCOAST ENERGY RESOURCES INC CENTRAL INDEX KEY: 0000276327 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760378638 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-11977 FILM NUMBER: 96615020 BUSINESS ADDRESS: STREET 1: 1100 LOUISIANA STREET 2: STE 2950 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7136508900 MAIL ADDRESS: STREET 1: 1100 LOUISANA STREET 2: SUITE 3030 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: NUGGET OIL CORP DATE OF NAME CHANGE: 19920703 NT 10-Q 1 MIDCOAST ENERGY RESOURCES, INC. - FORM 12B-25 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 12b-25 Commission File Number 0-8898 ------ NOTIFICATION OF LATE FILING (Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F [X] Form 10-QSB [ ] Form N-SAR For Period Ended: June 30, 1996 -------------------------------------------------------------- [ ] Transition Report Form 10-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR [ ] Transition Report on Form 11-K For the Transition Period Ended: ----------------------------------------------- Read attached instruction sheet before preparing form. Please print or type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: ------------------------ - -------------------------------------------------------------------------------- PART I. REGISTRANT INFORMATION Full name of registrant Midcoast Energy Resources, Inc. ------------------------------------------------------- Former name if applicable - -------------------------------------------------------------------------------- Address of principal executive office (Street and number) 1100 Louisiana, Suite 2950 - -------------------------------------------------------------------------------- City, State and Zip Code Houston, Texas 77002 ------------------------------------------------------- PART II. RULE 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 appropriate box.) [ ] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; [ X ] (b) The subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th 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 statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. 2 PART III. NARRATIVE State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.) Midcoast Energy Resources, Inc. ("Midcoast") filed Amendment No. 4 to Form SB-2 (Registration No. 333-4643) ("Registration Statement") on August 8, 1996. The Registration Statement was declared effective by the U.S. Securities and Exchange Commission on August 9, 1996 and Midcoast has since been in the process of closing the equity offering. As a result, Midcoast was not able to prepare the Form 10-QSB in the required time period with all necessary disclosures. Midcoast anticipates that it will be able to file the Form 10-QSB within five calendar days of the prescribed due date. PART IV. OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Richard Robert (713) 650-8900 ------------------------------------------------------------- (Name) (Area code) (Telephone number) (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 report(s) been filed? If the 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? [ X ] Yes [ ] 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. It is anticipated that Midcoast's results of operations for the six months ended June 30, 1996 will reflect significant improvement over the corresponding 1995 period. Midcoast estimates its net income to common shareholders will be approximately $500,000 for th six months ended June 30, 1996 as compared to $27,000 for the six months ended June 30, 1995. The significant increase is principally attributable to the results of operations of Magnolia Pipeline Corporation, a wholly owned subsidiary, which was acquired by Midcoast in August 1995. 2 3 - ------------------------------------------------------------------------------- (Name of registrant as specified in charter) Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date August 14, 1996 By: /s/ RICHARD ROBERT --------------------------- Name: Richard Robert Title: Treasurer Principal Financial Officer Principal Accounting Officer 3 -----END PRIVACY-ENHANCED MESSAGE-----