SEC FILE NUMBER
                                                                         0-21591

                                   Form 12b-25

                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20459

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

                                  (Check One):
[ ]Form 10-K and 10-KSB [ ]Form 20-F [ ]Form 11-K [X ]Form 10-QSB [ ]Form N-SAR
      For Period Ended:   March 31, 1999
      [ ] 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:                                       


      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  related to a portion of the  filing  checked  above,
      identify the Item(s) to which the notification relates:



Part I-Registrant Information


      MASON OIL COMPANY, INC.
      (Full name of Registrant)

- ----------------------------------------------
      6337 RAVENWOOD DRIVE
      (Address of Principal Executive Office)

- ----------------------------------------------
      SARASOTA, FLORIDA  34243
      (City State Zip)

- ----------------------------------------------

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(b), the following should
be completed. (Check box if appropriate)

     (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 or
          transition report on Form 10.Q or Fprm 10-QSB, or portion thereof will
          be filed on or before the fifth  calendar day  following the prescribe
          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 Form 10-K and 10-KSB,  20-F,
11-K, 10-Q and 10-QSB,  N-SAR or the transition  report or portion thereof could
not be filed within the prescribed time period.

      More time is needed to accumulate information.


Part IV. Other Information

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

         Paul B. Ingram                 (941)            351-3102
             (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).  [ ] Yes [X ] No Form 10-KSB for the period ended
     June 30, 1998

(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? [ ] Yes [X] 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.


                             MASON OIL COMPANY, INC.

     has caused this  notification to be signed on its behalf by the undersigned
     thereunto duly authorized.

Date May 11, 1999 /s/ M. Paul B. Ingram, President INSTRUCTION:  The form may be
signed by an executive officer of the registrant or by any other duly authorized
representative. The name and title of the person signing the form shall be typed
or printed  beneath the  signature.  If the statement is signed on behalf of the
registrant by an authorized  representative  (other than an executive  officer),
evidence of the  representative's  authority to sign on behalf of the registrant
shall be filed with the form.


     ATTENTION Intentional misstatements or omissions of fact constitute Federal
     Criminal Violations (See 18 U.S.C. 1001).