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U.S. Securities and Exchange Commission

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Release No. 43828 / January 10, 2001

ADMINISTRATIVE PROCEEDING
File No. 3-10404


In the Matter of
Dean W. Rowell, and
Pamela K. Nelson,

Respondents.

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ORDER INSTITUTING CEASE-
AND-DESIST PROCEEDINGS
PURSUANT TO SECTION 21C OF
THE SECURITIES EXCHANGE ACT
OF 1934 AND FINDINGS AND
ORDER OF THE COMMISSION

I.

The Commission deems it appropriate that public administrative proceedings be, and they hereby are, instituted pursuant to Section 21C of the Securities Exchange Act of 1934 ("Exchange Act") to determine whether (1) Dean W. Rowell ("Rowell") violated Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1 thereunder, and (2) Pamela K. Nelson ("Nelson") violated Sections 13(g) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1 thereunder.

II.

In anticipation of the institution of these administrative proceedings, Rowell and Nelson ("the Respondents") have submitted Offers of Settlement which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceeding brought by or on behalf of the Commission or to which the Commission is a party, the Respondents, without admitting or denying the matters set forth herein, consent to the issuance of this Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934 and Findings and Order of the Commission ("the Order"), and to the entry of the findings, and imposition of the remedial sanctions set forth below.

III.

On the basis of this Order and the Respondents' Offers of Settlement ("Offers"), the Commission finds the following:

A. FACTS

1. Respondents

a. Dean W. Rowell

Dean W. Rowell, age 62, has been chairman of the board of directors, president, chief executive and chief financial officer of Standard Energy Corp. ("Standard Energy") since its inception in April 1978. Rowell is and has been a beneficial owner of more than ten percent of the equity securities of Standard Energy.

b. Pamela K. Nelson

Pamela K. Nelson, age 43, has been a director since September 1978, vice president since 1979, and corporate secretary since 1983 of Standard Energy. Nelson is a former beneficial owner of more than five percent of the equity securities of Standard Energy.

2. Issuer

Standard Energy Corporation, a Utah corporation with principal offices in Salt Lake City, acquires and sells unproven oil and gas leaseholds; provides geologic lease evaluation services and oil and gas mapping services; and explores for and produces oil and gas.

According to Standard Energy's Annual Report on Form 10-K for the year ended March 31, 2000, Standard Energy had total assets of $115,014 and a deficit shareholders' equity of $206,271. Standard Energy had 105,261,974 shares of common stock outstanding as of June 27, 2000. Standard Energy reported a net loss of $307,859, for the year ended March 31, 2000. Standard Energy's common stock is registered with the Commission pursuant to Section 12(g) of the Exchange Act. The shares of its common stock are traded on the NASDAQ OTC bulletin board.

B. APPLICABLE LAW

Section 13(d) of the Exchange Act and Rule 13d-1 thereunder, in relevant part, provide that any person who, after acquiring directly or indirectly the beneficial ownership of any equity security of a company registered pursuant to Section 12 of the Exchange Act, is directly or indirectly the beneficial owner of more than 5 percent of such security, shall, within 10 days after such acquisition, file a Schedule 13D with the Commission and the appropriate Exchange.1 Rule 13d-2(a) requires that amendments to Schedule 13D be promptly filed if any material change to the facts set forth in the Schedule 13D occurs. A change of one percent or more in the reporting person's beneficial ownership of the specified securities is deemed material for the purposes of Rule 13d-2(a).

Section 13(g) of the Exchange Act and Rule 13d-1(c) thereunder, in relevant part, require any person who, as of December 31, 1978 or as of the end of any calendar year thereafter, beneficially owns more than 5 percent of any equity security of a company registered pursuant to Section 12 of the Exchange Act, and who is not otherwise required to file a Schedule 13D, to file a Schedule 13G with the Commission within 45 days of the end of the calendar year in which the obligation arises. Rule 13d-2(b) provides that yearly amendments shall be filed to Schedule 13G reporting changes in the information previously reported.

Section 16(a) of the Exchange Act2 requires that beneficial owners of more than ten percent of any class of any equity security registered pursuant to Section 12 of the Exchange Act and the officers and directors of the issuer of any such security (hereinafter "insider") file a statement with the Commission by the effective date of a registration statement filed pursuant to Section 12 of the Exchange Act, or within ten days of becoming such officer, director or beneficial owner, reporting the amount of all equity securities of such issuer of which they are a beneficial owner. Section 16(a) also requires an insider to file with the Commission within ten days after the close of each calendar month, if there has been a change in the insider's ownership of the issuer's equity securities during such month, a statement indicating such changes. The rules enacted pursuant to Section 16(a) provide that an initial statement by an insider is to be made on a Form 3 and subsequent statements of changes in beneficial ownership are to be made on a Form 4 or a Form 5.

C. ROWELL'S VIOLATIONS OF SECTIONS 13(d)and 16(a) OF THE EXCHANGE ACT AND THE RULES THEREUNDER

Rowell failed to timely file a Schedule 13D and thirty-one amendments thereto, resulting in delinquencies ranging from three weeks to nineteen years and nine months. In addition, Rowell failed to timely file a Form 3, failed to timely file seventy-five Forms 4 (with delinquency periods ranging from three weeks to seventeen years and ten months), and three Forms 5 (with delinquency periods ranging from five years and ten months to seven years and eleven months). The total value of the transactions in Standard Energy stock for which Rowell filed late Forms 4 and 5 is approximately $5,289,152.

D. NELSON'S VIOLATIONS OF SECTIONS 13(g)and 16(a) OF THE EXCHANGE ACT AND THE RULES THEREUNDER

Nelson failed to timely file a Schedule 13G and one amendment thereto, resulting in delinquencies of more than eleven years and three months, and ten years and seven months, respectively. In addition, Nelson failed to timely file a Form 3, failed to timely file twenty-four Forms 4 (with delinquency periods ranging from more than one month to more than twelve years and eleven months), and three Forms 5 (with delinquency periods ranging from more than five years and ten months to more than seven years and ten months). The total value of the transactions in Standard Energy stock for which Nelson filed late Forms 4 and 5 is approximately $391,148.

Rowell and Nelson's history of delinquencies, complied from the ownership reports they have filed with the Commission for Standard Energy, is set forth below:

DEAN W. ROWELL, KDDS LIMITED and TRACHYTE OIL

Forms 3, 4 and 5 For Holdings and
Transactions in the Equity Securities of

Standard Energy Corporation

August 5, 1980 through October 10, 2000

Month
of
Trans.
Type No. of
Shares
Price
Per
Share*
Total
$Value
Date
Due/
Date
Rec'd
Apprx.
Yrs/Mos/
Wks.Late
  Form 3          
08-80   8,339,447     08-05-80 5m
          01-13-81 to  
          02-10-81**  

  Forms 4, 5          
05-82 Opt 500,000 .751 375,000 06-10-82 17y10m
  to buy c/s       04-14-00  
10-82 Sale 120,000 3.39 406,800 11-10-82 T
          11-12-82 to  
          12-10-82**  
05-84 Disp 148,166 1.00 148,166 06-10-84 1m
          07-11-84 to  
          08-10-84**  
10-84 Disp 400,000 .20 80,000 11-10-84 T
          11-14-84 to  
          12-10-84**  
06-85 Other 453,334 .75 340,000 07-10-85 14y9m
  Acq(conv. secured note)       04-14-00  
03-86 Other 520,000 .13 67,600 04-10-86 14y
  Acq(rec'd in lieu of salary)       04-14-00  
03-86 Other 625,000 .09 56,250 04-10-86 14y
  Acq(rec'd in lieu of salary)       04-14-00  
03-86 Other Acq(rec'd in lieu of salary) 320,000 .13 41,600 04-10-86
04-14-00
14y
03-86 Disp 1,600,000 .05 80,000 04-10-86 T
          03-11-86 to  
          04-10-86**  
07-86 Other 2,156,281 .13 280,317 08-11-86 13y8m
  Acq 192,483 .13 25,023 04-14-00  
  (debt settlement)     305,340    
12-86 Disp 4,426,281 .05 221,314 01-13-87 T
          01-13-87 to  
          02-10-87**  
06-87 Other 243,400 .11 26,600 07-10-87 12y9m
  Acq       04-14-00  
03-88 Other 2,166,667 .03 65,000 04-11-88 12y
  Acq(rec'd in lieu of salary)       04-14-00  
04-88 Other 1,080,400 .06 59,800 05-10-88 11y11m
  Acq(rec'd in lieu of salary)       04-14-00  
10-91 Other 812,500 .04 32,500 11-12-91 8y5m
  Acq(rec'd in lieu of salary)       04-14-00  
03-92 Other 2,250,000 .04 90,000 04-10-92 8y
  Acq(debt settlement)       04-14-00  
FY-92 Form 5       05-15-92 7y11m
          04-14-00  
04-92 Other 1,224,500 .04 48,980 05-11-92 7y11m
  Acq(debt settlement)       04-14-00  
06-92 Other 1,083,334 .04 43,333 07-10-92 7y9m
  Acq(rec'd in lieu of salary)       04-14-00  
06-92 Other 40,000,000 .02 800,000 07-10-92 7y9m
  Acq(royalty interest)       04-14-00  
02-93 Other 5,000,000 .01 50,000 03-10-93 7y1m
  Acq(cash)       04-14-00  
FY-93 Form 5       05-17-93 6y10m
          04-14-00  
12-93 Other 3,250,000 .01 32,500 01-10-94 6y3m
  Acq(rec'd in lieu of salary)       04-14-00  
03-94 Other 812,500 .02 16,250 04-11-94 6y
  Acq(rec'd in lieu of salary)       04-14-00  
FY-94 Form 5       05-16-94 5y10m
          04-14-00  
04-94 Sale 50,000 .13 6,500 05-10-94 1y1w
    30,000 .14 4,200 05-18-95  
    25,000 .17 4,250    
    20,000 .21 4,200    
    30,000 .18 5,400    
    30,000 .19 5,700    
    30,000 .21 6,300    
        36,550    
05-94 Sale 15,000 .22 3,300 06-10-94 11m1w
    35,000 .22 7,700 05-18-95  
    70,000 .22 15,400    
    38,000 .23 8,740    
        35,140    
07-94 Sale 9,000 .15 1,350 08-10-94 9m1w
          05-18-95  
09-94 Other 1,083,334 .03 32,500 10-10-94 7m1w
  Acq (rec'd in lieu of salary)       05-18-95  
11-94 Sale 10,000 .13 1,300 12-12-94 5m
          05-18-95  
02-95 Sale 700,000 .07 49,000 03-10-95 2m1w
    50,000 .09 4,500 05-18-95  
        53,500    
03-95 Other 1,083,334 .03 32,500 04-10-95 1m1w
  Acq 1,066,667 .03 32,000 05-18-95  
  (rec'd in exchange for debt)       64,500  
FY-95 Form 5       05-15-95 T
          05-18-95  
04-95 Sale 60,000 .06 3,600 05-10-95 1y
          05-16-96  
05-95 Sale 600,000 .05 30,000 06-12-95 11m
          05-16-96  
06-95 Sale 1,083,333 .03 32,500 07-10-95 10m
          05-16-96  
07-95 Other 1,400,000 .02 28,000 08-10-95 9m
  Acq 2,277,000 .02 45,540 05-16-96  
  (rec'd in exchange for debt)     73,540    
07-95 Sale 50,000 .06 3,000 08-10-95 9m
          05-16-96  
08-95 Sale 50,000 .05 2,500 09-11-95 8m
    30,000 .06 1,800 05-16-96  
    30,000 .06 1,800    
    50,000 .06 3,000    
        9,100    
09-95 Sale 50,000 .06 3,000 10-10-95 7m
    50,000 .08 4,000 05-16-96  
    22,000 .09 1,980    
    50,000 .10 5,000    
        13,980    
10-95 Buy 25,000 .08 2,000 11-13-95 6m
          05-16-96  
10-95 Sale 50,000 .10 5,000 11-13-95 6m
    50,000 .08 4,000 05-16-96  
  50,000 .08 4,000    
    37,000 .09 3,330    
    40,000 .09 3,600    
        19,930    
11-95 Buy 5,000 .13 650 12-11-95 5m
    50,000 .14 7,000 05-16-96  
    10,000 .19 1,900    
    40,000 .17 6,800    
    50,000 .20 10,000    
    20,000 .17 3,400    
    2,500 .14 350    
    29,250 .14 4,095    
        34,195    
11-95 Sale 100,000 .10 10,000 12-11-95 5m
    60,000 .14 8,400 05-16-96  
    30,000 .12 3,600    
    100,000 .11 11,000    
    50,000 .11 5,500    
    50,000 .13 6,500    
    50,000 .13 6,500    
    35,000 .18 6,300    
    50,000 .17 8,500    
    50,000 .15 7,500    
    50,000 .20 10,000    
    27,000 .18 4,860    
    50,000 .19 9,500    
        98,160    
12-95 Buy 30,000 .13 3,900 01-10-96 4m
          05-16-96  
12-95 Sale 50,000 .13 6,500 01-10-96 4m
    70,000 .13 9,100 05-16-96  
    50,000 .13 6,500    
    50,000 .14 7,000    
    80,000 .15 12,000    
    45,000 .16 7,200    
        48,300    
01-96 Sale 80,000 .14 11,200 02-12-96 3m
    25,000 .15 3,750 05-16-96  
    25,000 .14 3,500    
    50,000 .17 8,500    
    20,000 .14 2,800    
    15,000 .14 2,100    
    60,000 .16 9,600    
    22,000 .16 3,520    
    25,000 .17 4,250    
    15,000 .20 3,000    
    10,000 .18 1,800    
    15,000 .19 2,850    
    15,000 .19 2,850    
    20,000 .20 4,000    
        63,720    
02-96 Buy 20,000 .16 3,200 03-11-96 2m
    10,000 .38 3,800 05-16-96  
        7,000    
02-96 Sale 40,000 .20 8,000 03-11-96 2m
    100,000 .21 21,000 05-16-96  
    15,000 .24 3,600    
    30,000 .24 7,200    
    50,000 .17 8,500    
    50,000 .19 9,500    
    25,000 .18 4,500    
    25,000 .25 6,250    
    9,500 .23 2,185    
    30,000 .26 7,800    
    30,000 .20 6,000    
    30,000 .21 6,300    
    15,000 .24 3,600    
    12,000 .24 2,880    
    20,000 .23 4,600    
    20,000 .22 4,400    
    30,000 .26 7,800    
    30,000 .27 8,100    
    30,000 .29 8,700    
    30,000 .32 9,600    
    30,000 .34 10,200    
    30,000 .36 10,800    
    30,000 .42 12,600    
    30,000 .41 12,300    
    22,000 .47 10,340    
        196,755    
03-96 Sale 30,000 .38 11,400 04-10-96 1m
    35,000 .35 12,250 05-16-96  
    20,000 .35 7,000    
    13,000 .38 4,940    
    25,000 .37 9,250    
    50,000 .37 18,500    
        63,340    
FY-96 Form 5       05-15-96 T
          05-16-96  
04-96 Other 833,333 .03 25,000 05-10-96 1y
  Acq (rec'd in exchange for debt)       05-06-97  
04-96 Sale 12,000 .24 2,880 05-10-96 1y
    25,000 .26 6,500 05-06-97  
    50,000 .25 12,500    
        21,880    
05-96 Buy 15,000 .27 4,050 06-10-96 11m
    15,000 .27 4,050 05-06-97  
    10,000 .27 2,700    
        10,800    
05-96 Sale 40,000 .27 10,800 06-10-96 11m
    15,000 .27 4,050 05-06-97  
    20,000 .26 5,200    
        20,050    
06-96 Sale 30,000 .26 7,800 07-10-96 10m
    36,000 .26 9,360 05-06-97  
    33,000 .25 8,250    
    60,000 .33 19,800    
    10,000 .36 3,600    
    30,000 .36 10,800    
    10,000 .37 3,700    
    30,000 .37 11,100    
    20,000 .38 7,600    
    50,000 .38 19,000    
        101,010    
07-96 Sale 25,000 .27 6,750 08-12-96 8m3w
          05-06-97  
08-96 Buy 20,000 .34 6,800 09-10-96 7m3w
          05-06-97  
08-96 Sale 50,000 .30 15,000 09-10-96 7m3w
    54,615 .29 15,838 05-06-97  
    60,000 .33 19,800    
    40,000 .31 12,400    
    30,000 .32 9,600    
    30,000 .32 9,600    
    50,000 .32 16,000    
    30,000 .35 10,500    
    25,000 .34 8,500    
    55,000 .35 19,250    
    45,000 .35 15,750    
    26,500 .34 9,010    
    15,000 .31 4,650    
    16,500 .31 5,115    
    20,000 .34 6,800    
    40,000 .35 14,000    
    30,000 .34 10,200    
    30,000 .34 10,200    
        212,213    
09-96 Sale 50,000 .34 17,000 10-10-96 6m3w
    45,000 .34 15,300 05-06-97  
    60,000 .36 21,600    
    10,000 .36 3,600    
    15,900 .33 5,247    
    25,000 .33 8,250    
        70,997    
10-96 Buy 5,000 .29 1,450 11-10-96 5m3w
    20,000 .27 5,400 05-06-97  
        6,850    
10-96 Other 5,000,000 .04 200,000 11-10-96 5m3w
  Acq       05-06-97  
10-96 Sale 10,000 .26 2,600 11-10-96 5m3w
    5,000 .25 1,250 05-06-97  
    11,400 .17 1,938    
        5,788    
11-96 Sale 25,000 .17 4,250 12-10-96 4m3w
    15,000 .16 2,400 05-06-97  
    50,000 .18 9,000    
    35,000 .19 6,650    
    50,000 .19 9,500    
    30,000 .22 6,600    
    25,000 .19 4,750    
    55,000 .20 11,000    
        54,150    
12-96 Sale 30,000 .28 8,400 01-10-97 3m3w
    30,000 .25 7,500 05-06-97  
    10,000 .23 2,300    
    50,000 .27 13,500    
    50,000 .26 13,000    
    20,000 .25 5,000    
    40,000 .22 8,800    
    50,000 .22 11,000    
    50,000 .29 14,500    
    5,000 .19 950    
    10,000 .20 2,000    
        86,950    
12-96 Other 890,000 .02 17,800 01-10-97 3m3w
  Acq (recd in exchange for debt)       05-06-97  
02-97 Sale 50,000 .17 8,500 03-10-97 1m3w
          05-06-97  
03-97 Sale 40,000 .18 7,200 04-10-97 3w
    10,000 .17 1,700 05-06-97  
    25,000 .18 4,500    
  20,000 .18 3,600    
    10,000 .18 1,800    
        18,800    
03-97 Other 700,000 .02 14,000 04-10-97 3w
  Acq (recd in exchange for debt)       05-06-97  
FY-97 Form 5       05-15-97 T
          05-06-97  
FY-97 Form 5       05-15-97 T
Amend         05-19-97  
05-97 Sale 30,000 .19 5,700 06-10-97 11m
    20,000 .18 3,600 05-15-98  
    30,000 .18 5,400    
    30,000 .19 5,700    
    65,000 .20 13,000    
        33,400    
06-97 Sale 20,000 .21 4,200 07-10-97 10m
    10,000 .19 1,900 05-15-98  
    50,000 .21 10,500    
    30,000 .20 6,000    
    100,000 .23 23,000    
    27,000 .24 6,480    
    10,000 .24 2,400    
    50,000 .25 12,500    
    30,000 .26 7,800    
    31,000 .24 7,440    
        82,220    
07-97 Sale 30,000 .26 7,800 08-11-97 9m
    25,000 .26 6,500 05-15-98  
    10,000 .26 2,600    
    20,000 .21 4,200    
    20,000 .26 5,200    
        26,300    
08-97 Sale 10,000 .26 2,600 09-10-97 8m
    10,000 .26 2,600 05-15-98  
        5,200    
09-97 Sale 12,700 .20 2,540 10-10-97 7m
    50,000 .21 10,500 05-15-98  
    10,000 .21 2,100    
    7,500 .19 1,425    
    10,000 .19 1,900    
    10,000 .17 1,700    
        20,165    
10-97 Sale 55,000 .19 10,450 11-10-97 6m
    30,000 .25 7,500 05-15-98  
    25,000 .20 5,000    
    14,000 .22 3,080    
    15,000 .23 3,450    
    21,000 .20 4,200    
    20,000 .21 4,200    
    47,000 .19 8,930    
    18,850 .27 5,090    
    15,000 .27 4,050    
    15,000 .27 4,050    
    25,000 .24 6,000    
    31,000 .26 8,060    
        74,060    
11-97 Sale 10,000 .24 2,400 12-10-97 5m
    10,000 .24 2,400 05-15-98  
        4,800    
12-97 Sale 21,000 .22 4,620 01-12-98 4m
          05-15-98  
01-98 Sale 50,000 .20 10,000 02-10-98 3m
    10,000 .20 2,000 05-15-98  
    38,000 .20 7,600    
    12,500 .20 2,500    
    20,000 .19 3,800    
    12,200 .19 2,318    
        28,218    
02-98 Sale 25,000 .19 4,750 03-10-98 2m
          05-15-98  
FY-98 Form 5       05-15-98 T
          05-15-98  
04-98 Sale 16,600 .18 2,988 05-11-98 1y
    30,000 .18 5,400 05-14-99  
    60,000 .18 10,800    
        19,188    
07-98 Other 1,037,420 .08 83,253 08-10-98 1y8m
  Disp (disp. back to Standard)       04-10-00  
08-98 Sale 50,000 .20 10,000 09-10-98 8m
    30,000 .23 6,900 05-14-99  
    30,000 .24 7,200    
    30,000 .26 7,800    
    30,000 .28 8,400    
    30,000 .30 9,000    
        49,300    
09-98 Sale 15,000 .28 4,200 10-13-98 7m
          05-14-99  
10-98 Sale 50,000 .17 8,500 11-10-98 6m
    30,000 .17 5,100 05-14-99  
    40,000 .19 7,600    
    30,000 .18 5,400    
    65,000 .22 14,300    
        40,900    
11-98 Sale 10,000 .18 1,800 12-10-98 5m
    10,000 .20 2,000 05-14-99  
    73,000 .20 14,600    
    15,000 .20 3,000    
    28,000 .20 5,600    
    40,000 .21 8,400    
        35,400    
12-98 Sale 27,000 .18 4,860 01-11-99 4m
          05-14-99  
01-99 Sale 25,000 .18 4,500 02-10-99 3m
    8,000 .18 1,440 05-14-99  
    40,000 .18 7,200    
    40,000 .19 7,600    
    20,000 .19 3,800    
    28,500 .19 5,415    
        29,955    
03-99 Sale 10,000 .14 1,400 04-12-99 1m
    42,400 .15 6,360 05-14-99  
    25,000 .16 4,000    
    25,000 .16 4,000    
    40,000 .16 6,400    
    10,000 .16 1,600    
    10,000 .16 1,600    
    20,000 .18 3,600    
    50,000 .17 8,500    
    20,000 .18 3,600    
    40,000 .17 6,800    
    10,000 .14 1,400    
        49,260    
FY-99 Form 5       05-17-99 T
          05-14-99  
04-99 Sale 34,025 .13 4,423 05-10-99 11m
    17,000 .14 2,380 04-14-00  
    5,000 .13 650    
        7,453    
05-99 Sale 20,700 .17 3,519 06-10-99 10m
    32,000 .19 6,080 04-14-00  
    20,000 .20 4,000    
    25,000 .22 5,500    
    14,300 .24 3,432    
    30,000 .25 7,500    
    30,000 .28 8,400    
    20,000 .24 4,800    
        43,231    
06-99 Sale 15,000 .19 2,850 07-12-99 9m
    10,000 .14 1,400 04-14-00  
    15,000 .15 2,250    
    7,500 .16 1,200    
        7,700    
07-99 Sale 35,000 .16 5,600 08-10-99 8m
    14,000 .17 2,380 04-14-00  
        7,980  
08-99 Sale 23,000 .16 3,680 09-10-99 7m
    10,000 .19 1,900 04-14-00  
        5,580    
10-99 Sale 10,000 .12 1,200 11-10-99 5m
    45,000 .13 5,850 04-14-00  
    30,000 .13 3,900    
    10,000 .12 1,200    
    10,000 .12 1,200    
    10,000 .12 1,200    
    20,000 .12 2,400    
    25,000 .13 3,250    
    30,000 .13 3,900    
    60,000 .13 7,800    
    40,000 .14 5,600    
    40,000 .16 6,400    
    40,000 .16 6,400    
    20,000 .17 3,400    
    20,000 .18 3,600    
        57,300    
11-99 Sale 10,000 .16 1,600 12-10-99 4m
    30,000 .16 4,800 04-14-00  
    10,000 .16 1,600    
    5,000 .16 800    
    5,000 .16 800    
    10,000 .12 1,200    
    10,000 .09 900    
    15,000 .11 1,650    
        13,350    
12-99 Sale 10,000 .12 1,200 01-10-00 3m
    25,000 .12 3,000 04-14-00  
    20,000 .12 2,400    
    30,000 .13 3,900    
    30,000 .12 3,600    
    30,000 .13 3,900    
    15,000 .14 2,100    
    20,000 .14 2,800    
    20,000 .15 3,000    
    30,000 .16 4,800    
        30,700    
01-00 Sale 50,000 .15 7,500 02-10-00 2m
    50,000 .17 8,500 04-14-00  
    9,000 .17 1,530    
    15,000 .17 2,550    
    20,000 .17 3,400    
    10,000 .17 1,700    
    25,000 .17 4,250    
    20,000 .17 3,400    
    12,000 .17 2,040    
    10,000 .14 1,400    
    5,000 .14 700    
    5,000 .17 850    
    15,000 .16 2,400    
    10,000 .17 1,700    
        41,920    
02-00 Sale 20,000 .17 3,400 03-10-00 1m
    50,000 .18 9,000 04-14-00  
    7,300 .19 1,387    
    20,000 .19 3,800    
    20,000 .19 3,800    
    40,000 .19 7,600    
    15,000 .20 3,000    
    15,000 .18 2,700    
    17,000 .18 3,060    
        37,747    
03-00 Sale 30,000 .18 5,400 04-10-00 T
    75,000 .17 12,750 04-14-00  
    20,000 .19 3,800    
    17,000 .19 3,230    
    20,000 .19 3,800    
    35,000 .20 7,000    
    29,000 .20 5,800    
    20,000 .20 4,000    
    17,000 .20 3,400    
    37,000 .18 6,660    
04-00 Sale 53,000 .18 9,540 05-10-00 T
    37,000 .30 11,100 05-11-00  
    25,000 .26 6,500    
    41,000 .21 8,610    
05-00 Sale 40,000 .21 8,400 06-12-00 T
    40,000 .24 9,600 06-09-00  
    10,000 .23 2,300    
    10,000 .22 2,200    
    25,000 .22 5,500    
    10,000 .23 2,300    
    10,000 .22 2,200    
    10,000 .22 2,200    
    40,000 .22 8,800    
    10,000 .22 2,200    
    45,000 .23 10,350    
    80,000 .24 19,200    
    10,000 .25 2,500    
    50,000 .24 12,000    
    10,000 .25 2,500    
    70,000 .24 16,800    
06-00 Sale 80,000 .22 17,600 07-10-00 T
    30,000 .24 7,200 07-10-00  
    22,000 .24 5,280    
    15,000 .24 3,600    
    104,000 .29 30,160    
07-00 Sale 60,000 .27 16,200 08-10-00 T
    25,000 .30 7,500 08-10-00  
    25,000 .31 7,750    
    41,366 .29 11,996    
    12,000 .30 3,600    
    7,500 .29 2,175    
    25,000 .30 7,500    
    25,000 .31 7,750    
    15,000 .34 5,100    
08-00 Sale 25,000 .36 9,000 09-11-00 1m
    7,500 .37 2,775 10-10-00  
    25,000 .37 9,250    
        21,025    
09-00 Buy 30,000 .22 6,600 10-10-00 T
    22,500 .22 4,950 10-10-00  
    10,000 .26 2,600    
    10,000 .26 2,600    
09-00 Sale 72,500 .24 17,400 10-10-00 T
    37,500 .24 9,000 10-10-00  
    5,000 .24 1,200    
    75,000 .24 18,000    
    40,000 .25 10,000    
             
Total value late
Reported transactions:
$ 5,289,152    


* = Price per share rounded off.
** = Transactions reported in the SEC Official Summary of Security Transactions and Holdings.


1 Price represents difference between the $1.00 exercise price and $1.75 asked price.


T = Timely
Not rec'd = Not received
N/A = not applicable
Disp = disposition
Acq = acquisition
Opt = option
c/s = common stock
conv. = convertible
shrs = shares



DEAN W. ROWELL, KDDS LIMITED AND TRACHYTE OIL

Schedules 13D and Amendments

Standard Energy Corporation

August 5, 1980 through September 21, 2000

Date
of
Trans.
Type No. of
Shares
Event
Triggering
Amentment
Date
Due/
Date
Rec'd
Apprx.
Yrs/Mos/
Wks.Late
08-05-80 13D 8,339,447   08-05-80
05-10-00
19y9m
06-20-81 13D Amendment   Change Items 4-6 06-20-81*
09-21-00
19y3m
05-28-82 13D Amendment   " 05-28-82 18y3m3w
        09-21-00  
05-28-84 13D Amendment   " 05-28-84 16y3m3w  
        09-21-00  
10-26-84 13D Amendment   " 10-26-84 15y10m3w
        09-21-00  
06-05-85 13D Amendment   " 06-05-85 15y3m1w
        09-21-00  
03-86 13D Amendment   " 03-86 14y6m
        09-21-00  
07-31-86 13D Amendment   " 07-31-86 14y1m2w
        09-21-00  
12-19-86 13D Amendment   " 12-19-86 13y9m
        09-21-00  
03-31-88 13D Amendment   " 03-31-88 12y5m2w
        09-21-00  
04-88 13D Amendment   " 04-88 12y5m
        09-21-00  
10-91 13D Amendment   " 10-91 8y11m
        09-21-00  
03-92 13D Amendment   " 03-92 8y6m
        09-21-00  
04-92 13D Amendment   " 04-92 8y5m
        09-21-00  
06-92 13D Amendment   " 06-92 8y3m
        09-21-00  
02-25-93 13D Amendment   " 02-25-93 7y6m2w
        09-21-00  
12-93 13D Amendment   " 12-93 6y9m
        09-21-00  
03-31-94 13D Amendment   " 03-31-94 6y5m2w
        09-21-00  
11-10-94 13D Amendment   " 11-10-94 4y10m2w
        09-21-00  
03-31-95 13D Amendment   " 03-31-95 5y5m2w
        09-21-00  
06-28-95 13D Amendment   " 06-28-95 4y2m2w
        09-21-00  
07-03-95 13D Amendment   " 07-03-95 5y2m2w
        09-21-00  
11-01-95 13D Amendment   " 11-01-95 4y10m2w
        09-21-00  
01-12-96 13D Amendment   " 01-12-96 4y8m
        09-21-00  
02-26-96 13D Amendment   " 02-26-96 4y6w3n
        09-21-00  
07-22-96 13D Amendment   " 07-22-96 4y1m3w
        09-21-00  
10-26-96 13D Amendment   " 10-26-96 3y10m3w
        09-21-00  
09-30-97 13D Amendment   " 09-30-97 2y11m2w
        09-21-00  
07-30-98 13D Amendment   " 07-30-98 2y1m2w
        09-21-00  
03-15-99 13D Amendment   " 03-15-99 1y6m
        09-21-00  
12-03-99 13D Amendment   " 12-03-99 9m1w
        09-21-00  
05-01-00 13D Amendment   " 05-01-00 4m2w
        09-21-00  
07-24-00 13D Amendment   " 07-24-00 3w
        08-18-00  


* = For the purpose of this table, the due date for amendments reflects the date the obligation to file the amendment arose.
     
     
On September 21, 2000, Rowell filed additional 13D Amendments that were not required pursuant to Section 13(d).


PAMELA K. NELSON

Forms 3, 4 and 5 For Holdings and
Transactions in the Equity Securities of

Standard Energy Corporation

August 5, 1980 through August 10, 2000

Month
of
Trans.
Type No. of
Shares
Price
Per
Share*
Total
$Value
Date
Due/
Date
Rec'd
Apprx.
Yrs/Mos/
Wks.Late
  Form 3          
08-80   10,000     08-05-80 5m
          02-10-81*  

  Forms 4, 5          
03-87 Other 187,200 .13 23,400 04-10-87 12y11m3w
  Acq       04-04-00  
03-88 Other 766,667 .03 23,000 04-11-88 11y11m3w
  Acq       04-04-00  
10-91 Other 292,500 .035 10,238 11-12-91
  Acq       04-04-00  
FY-92 Form 5       05-15-92 7y10m2w
          04-04-00  
06-92 Other 390,000 .035 13,650 07-10-92 7y8m3w
  Acq       04-04-00  
10-92 Other 390,000 .03 11,700 11-10-92 7y4m3w
  Acq       04-04-00  
FY-93 Form 5       05-17-93 6y10m2w
          04-04-00  
04-93 Other 585,000 .03 17,550 05-10-93 6y10m3w
  Acq       04-04-00  
12-93 Other 1,170,000 .016 11,700 01-10-94 6y2m3w
  Acq       04-04-00  
03-94 Other 292,500 .016 4,680 04-11-94 5y11m3w
  Acq       04-04-00  
FY-94 Form 5       05-16-94 5y10m2w
          04-04-00  
04-94 Sale 20,000 .11 2,200 05-10-94 1y1w
    30,000 .13 3,900 05-18-95  
    20,000 .17 3,400    
        9,500    
05-94 Sale 30,000 .23 6,900 06-10-94 11m1w
          05-18-95  
10-94 Sale 30,000 .13 3,900 11-10-94 6m1w
          05-18-95  
10-94 Other 390,000 .03 11,700 11-10-94 6m1w
  Acq(corp. compensation)       05-18-95  
11-94 Sale 30,000 .14 4,200 12-12-94 5m
          05-18-95  
12-94 Sale 30,000 .10 3,000 01-10-95 4m1w
    20,000 .09 1,800 05-18-95  
        4,800    
02-95 Sale 30,000 .09 2,700 03-10-95 2m1w
          05-18-95  
03-95 Other 390,000 .03 11,700 04-10-95 1m1w
  Acq (corp. compensation)       05-18-95  
FY-95 Form 5       05-15-95 T
          05-18-95  
06-95 Sale 50,000 .05 2,500 07-10-95 10m
    50,000 .05 2,500 05-16-96  
    50,000 .05 2,500    
    50,000 .05 2,500    
    50,000 .05 2,500    
    100,000 .05 5,000    
    390,000 .03 11,700    
        29,200    
08-95 Sale 100,000 .04 4,000 09-11-95 8m
          05-16-96  
09-95 Sale 50,000 .06 3,000 10-10-95 7m
    50,000 .07 3,500 05-16-96  
    30,000 .10 3,000    
        9,500    
11-95 Sale 160,000 .13 20,800 12-11-95 5m
    25,000 .15 3,750 05-16-96  
    30,000 .16 4,800    
    60,000 .19 11,400    
        40,750    
FY-96 Form 5       05-16-96 T
          05-16-96  
06-96 Sale 30,000 .27 8,100 07-10-96 9m3w
    30,000 .32 9,600 05-06-97    
    30,000 .34 10,200    
        27,900    
08-96 Sale 30,000 .31 9,300 09-10-96 7m3w
    30,000 .33 9,900 05-06-97  
    30,000 .35 10,500    
    20,000 .34 6,800    
    30,000 .34 10,200    
        46,700    
09-96 Sale 30,000 .35 10,500 10-10-96 6m3w
          05-06-97  
11-96 Sale 20,000 .18 3,600 12-10-96 4m3w
    64,000 .18 11,520 05-06-97  
    14,800 .20 2,960    
    30,000 .21 6,300    
    30,000 .22 6,600    
        30,980    
12-96 Sale 25,000 .26 6,500 01-10-97 3m3w
    30,000 .24 7,200 05-06-97  
    30,000 .22 6,600    
        20,300    
FY-97 Form 5       05-15-97 T
          05-06-97  
03-00 Sale 30,000 .20 6,400 04-10-00 T
    20,000 .20 4,000 04-04-00  
04-00 Sale 30,000 .21 6,300 05-10-00 T
          05-09-00
06-00 Sale 36,000 .22 7,920 07-10-00 T
          07-10-00  
07-00 Sale 16,500 .32 5,280 08-10-00 T
    30,000 .31 9,300 08-10-00  
    30,000 .32 9,600    
    13,500 .32 4,320    
    30,000 .32 9,600    
    33,000 .33 10,890    
             
             
Total value late
Reported transactions:
$ 391,148    


* = Price per share rounded off.
** = Transactions reported in the SEC Official Summary of Security Transactions and Holdings.


T = Timely
Not rec'd = Not received
Acq = acquisition




 
PAMELA K. NELSON

Schedules 13G and Amendment

Standard Energy Corporation

February 14, 1989 through September 21, 2000

Date
of
Trans.
Type No. of
Shares
Event
Triggering
Amentment
Date
Due/
Date
Rec'd
Apprx.
Yrs/Mos/
Wks.Late
1988 13G 1,889,367   02-14-89 11y3m2w
          05-26-00  
1990 13G Amendment   Change in 02-14-90* 10y7m
      Ownership 09-21-00  


* = For the purpose of this table, the due date for amendments reflects the date the obligation to file the amendment arose.




IV.

FINDINGS

Based on the above, the Commission finds that (1) Rowell violated Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1 thereunder, and (2) Nelson violated Sections 13(g) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1 thereunder.

V.

OFFERS OF SETTLEMENT

Rowell and Nelson have submitted Offers of Settlement in this proceeding which the Commission has determined to accept. Rowell, in his Offer, consents to this Order making findings, as set forth above, and ordering him to cease and desist from committing or causing any violations of, and committing or causing any future violations of, Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2 and 16a-3 thereunder. Nelson, in her Offer, consents to this Order making findings, as set forth above, and ordering her to cease and desist from committing or causing any violations of, and committing or causing any future violations of, Sections 13(g) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2 and 16a-3 thereunder.

VI.

ORDER

Accordingly, IT IS HEREBY ORDERED, pursuant to Section 21C of the Exchange Act, that Rowell cease and desist from committing or causing any violations of, and committing or causing any future violations of, Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2 and 16a-3 thereunder. IT IS FURTHER ORDERED, pursuant to Section 21C of the Exchange Act, that Nelson cease and desist from committing or causing any

violations of, and committing or causing any future violations of, Sections 13(g) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2 and 16a-3 thereunder.

By the Commission.

Jonathan G. Katz
Secretary


Footnotes

1 The Commission adopted amendments to Regulation 13D-G under the Exchange Act, permitting certain large shareholders to use short form Schedule 13G, rather than long form Schedule 13D, to report accumulations and changes in stock holdings. The shareholders that will be permitted to use Schedule 13G under these amendments are ones that own less than 20% and that do not have the purpose or effect of changing or influencing control of the issuer. See Release No. 34- 39538, January 12, 1998 (63 Fed. Reg. 2854, January 16, 1998.)
2 Until May 1, 1991, the statutory filing requirements under Section 16 of the Exchange Act were implemented by Rule 16a- 1. On January 10, 1991, the Commission adopted a comprehensive revision of the rules under Section 16 which became effective on May 1, 1991. See Rel. 34-28869, 56 Fed. Reg. 7242 (Feb. 21, 1991). Among other things, these amendments place the implementation of the former Rule 16a-1 filing requirements in new Rules 16a-2 and 16a-3. Accordingly, this Order, at Section VI below, orders that Respondent cease and desist from violating Rules 16a-2 and 16a-3.

http://www.sec.gov/litigation/admin/34-43828.htm


Modified:01/19/2001