-----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, Jl5E2uDY45wqio8SAfdaUwxuQ7Y0tdY5EzX7zRRmDTYY2snq4STljv7P/znuft9+ 2QpSxvt7AAfySNnS6KHmrA== 0000821699-01-500002.txt : 20010409 0000821699-01-500002.hdr.sgml : 20010409 ACCESSION NUMBER: 0000821699-01-500002 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20001231 FILED AS OF DATE: 20010402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST ROYALTIES INC CENTRAL INDEX KEY: 0000821699 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 751917432 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 000-23701 FILM NUMBER: 1592295 BUSINESS ADDRESS: STREET 1: 407 N BIG SPRING STREET SUITE 300 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 9156869927 MAIL ADDRESS: STREET 1: 407 N BIG SPRING STREET SUITE 300 CITY: MIDLAND STATE: TX ZIP: 79701 NT 10-K 1 holdings.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING Commission File Number: 000-23701 ---------- (Check one) X Form 10-K and Form 10-KSB Form 20-F Form 11-K - --- --- --- Form 10-Q and Form 10-QSB Form N-SAR - --- --- For Period Ended December 31, 2000 ------------------ __ Transition Report on Form 10-K and Form 10-KSB __ Transition Report on Form 20-F __ Transition Report on Form 11-K __ Transition Report on Form 10-Q and Form 10-QSB __ Transition Report on Form N-SAR For the Transition Period Ended: ----------------- 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: SOUTHWEST ROYALTIES, INC. ---------------------------------- SOUTHWEST ROYALTIES HOLDINGS, INC. ---------------------------------- Former Name if applicable: --------------------------------- Address of Principal Executive Office (Street and Number): 407 North Big Spring, Suite 300 - -------------------------------- City, State and Zip Code: Midland, Texas 79701 - ---------------------- 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, 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; [x] (b) The subject annual report, semi-annual report, transition report on Forms 10-K, 10-KSB, Form 20-F, 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 Forms 10-Q, 10-QSB, 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. PART III -- NARRATIVE State below in reasonable detail the reasons why the Forms 10-K, 10-KSB, 20-F, 11-K, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed) The Company has not been able to develop the requisite financial data and other narrative information necessary to enable it to have sufficient time to complete the Company's Annual Report of Form 10-K by March 31, 2001, the required filing date, without unreasonable effort and expense. PART IV -- OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Bryan Dixon (915) 686-9927 ----------- -------------------------------- (Name) (Area code and 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 reports) 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? 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. The company for the twelve months ended December 31, 2000 expects to report net income as compared to 1999, in which we experienced a net loss of approximately $5.4 million. The net income for the twelve months ended December 31, 2000 was due predominately to an increase in oil and gas commodity prices received throughout 2000. SIGNATURES SOUTHWEST ROYALTIES, INC. ------------------------------------------- (Name of Registrant as Specified in Charter) SOUTHWEST ROYALTIES HOLDINGS, INC. ------------------------------------------- (Name of Registrant as Specified in Charter) have caused this notification to be signed on their behalf by the undersigned hereto duly authorized Dated: April 2, 2001 SOUTHWEST ROYALTIES, INC. By: /s/ H.H. Wommack, III ----------------------------- ----- H.H. Wommack, III Chairman, President, and Chief Executive Officer SOUTHWEST ROYALTIES HOLDINGS, INC. By: /s/ H.H. Wommack, III ----------------------------- ----- H.H. Wommack, III Chairman, President, and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----