UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
000-51241
CUSIP NUMBER
98-0443283
(Check one): [ ] Form 10-K Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form 10-D [ ] Form N-SAR [ ] Form N-CSR
For Period Ended: June 30, 2006
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] 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
Source Petroleum Inc.
Full Name of Registrant
Red Sky Resources Inc.
Former Name if Applicable
Suite 509 – 3495 Cambie Street
Address of Principal Executive Office (Street and Number)
Vancouver, British Columbia, V5Z 4R3, Canada
City, State and Zip Code
PART 11 - 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(b), 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 Form 10-K, Form 10-KSB, Form 20-F, 11- |
K or 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 of 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. |
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PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report on portion thereof, could not be filed within the prescribed time period.
The Registrant is unable to file, without unreasonable effort and expense, its Form 10-QSB Quarterly Report for the period ended June 30, 2006 because its unaudited financial statements for that period have not been completed and as a result, the Registrant’s auditors have not yet had an opportunity to complete their review of the unaudited financial statements. It is anticipated that the Form 10-QSB Quarterly Report, along with the unaudited financial statements, will be filed on or before the 5th calendar day following the prescribed due date of the Registrant’s Form 10-QSB.
PART IV - OTHER INFORMATION | ||
(1) | Name and telephone number of person to contact in regard to this notification | |
Jeff Gillis, 778.863.2259 | ||
(Name, Area Code, Telephone Number) | ||
(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of | [X] Yes |
1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for | [ ] No | |
such shorter period that the registrant was required to file such report(s) been filed? If answer is no, | ||
identify report(s). | ||
(3) | Is it anticipated that any significant change in results of operations from the corresponding period | [ ] Yes |
for the last fiscal year will be reflected by the earnings statements to be included in the subject | [X] No | |
report or portion thereof? | ||
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 |
SOURCE PETROLEUM INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 14, 2006
By: /s/ Jeff Gillis
Jeff Gillis
President, CEO, CFO, Secretary, Treasurer and Director
(Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)