SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): May 5, 2000

                             LONE WOLF ENERGY, INC.
             (Exact name of registrant as specified in its charter)

          Colorado                   0-24684                    73-1550360
(State of other jurisdiction       (Commission                 (IRS Employer
      of incorporation)           File Number)              Identification No.)

         2400 N.W. 30th Street, Suite 814, Oklahoma City, Oklahoma 73112
                    (Address of principal executive offices)

                                 (405) 946-4850
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)





Item 5. Other Events

On May 5, 2000,  Lone Wolf Energy Inc.  (the  "Company")  entered into a binding
definitive  agreement regarding the acquisition of Zenex  Communications,  Inc.,
pending regulatory  approval.  Terms of the acquisition  include the issuance of
15.55 million  shares of the Company's  Common  Stock.  After  completion of the
transaction,  such shares will  constitute  approximately  48% of the  Company's
issued and outstanding stock.

Item 7. Financial Statements and Exhibit

The following is filed as an Exhibit to this Report:

Exhibit 2.1    Agreement  and Plan of  Reorganization  dated May 5, 2000, by and
               among Lone Wolf Energy, Inc., Prestige  Investments,  Inc., Zenex
               Long Distance,  Inc., and others.  The following  exhibits to the
               Agreement  and Plan of  Reorganization  are  omitted  and will be
               provided to the Securities and Exchange Commission upon request:

               Exhibit 1.9    List of All Employees of Zenex
               Exhibit 3.2    List of Shareholders and Common Stock
               Exhibit 3.5    Liabilities
               Exhibit 3.6    List of Tax Liabilities
               Exhibit 3.7    List of All Real Estate Property
               Exhibit 3.8    Pending Litigation and Proceedings
               Exhibit 3.9    Authority
               Exhibit 3.10   Change in Financial Condition
               Exhibit 3.11   Employee Benefit Plans
               Exhibit 3.12   Material Adverse Events
               Exhibit 3.15   Significant Agreements
               Exhibit 3.16   Insurance
               Exhibit 3.17   Transactions with Affiliated Persons
               Exhibit 3.20   Environmental Matters
               Exhibit 3.24   Tariffs
               Exhibit 5.1    New Zenex Employee Bonus Plan




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                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        LONE WOLF ENERGY, INC.


Date: May 19, 2000                      By: /s/ Marc W. Newman
                                        -----------------------------
                                            Marc W. Newman, President



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