U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 12B-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER
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0-10990
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|_| Form 10-K |_| Form 11-K |_|Form 20-F |X| Form 10-Q
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For Period Ended: June 30, 2004
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148449309
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OMB Approval
Omb 3235-0058
Expires 31 Oct 1988
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Read Instruction (on back page) 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.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:________________________________
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant Castle Energy Corporation
Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
357 South Gulph Road, Suite 260
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City, State and Zip Code
King of Prussia, PA 19406
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PART II - RULES 12B-25 (B) AND (C)
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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/portion thereof will be
filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly
report/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
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State below in reasonable detail the reasons why the Form
10-K, 11-K, 20-F or 10-Q, or portion thereof, could not be
filed within the prescribed time period.
Filing of Form 10-Q cannot be completed within the prescribed
time because financial information concerning the Company's
equity investee's earnings and capital transactions for the
quarter ended June 30, 2004 was not available until very
recently and the Company needs such information to record its
share of Delta's operations and capital transactions.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification
Richard E. Staedtler 610 992-9900
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(NAME) (AREA CODE) (TELEPHONE NUMBER)
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(2) Have all other periodic reports required
(under Section 13 or 15(d) of the Securities
Exchange Act of 1934) during the preceding 12
months (or for such shorter period that the |X| Yes |_| No
registrant was required to file such reports)
been filed? If answer is no, identify
report(s).
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(3) Is it anticipated that any significant change
in results of operations from the
corresponding period for the last fiscal year |X| Yes |_| No
will be reflected by the earnings statements
to be included in the subject 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 can not be made.
Net income of $3,000,000-$4,000,000 is
expected for the quarter ended June 30, 2004
versus a net loss of $728,000 for the quarter
ended June 30, 2003. The net income for the
quarter ended June 30, 2004 results primarily
from a $4,600,000 gain on the sale of the
stock of Delta Petroleum Corporation, offset
by a $825,000 non-recurring litigation
provision. The tax provision is still being
finalized.
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Castle Energy Corporation
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(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
DATE August 12, 2004 BY /s/RICHARD E. STAEDTLER
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Chief Financial Officer
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).
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GENERAL INSTRUCTIONS
1. This Form is required by Rule 12b-25 (17 CFR 240.12b-25) of the
General Rules and Regulations under the Securities Exchange Act
of 1934.
2. One signed original and four conformed copies of this Form and
amendments thereto must be completed and filed with the
Securities and Exchange Commission, Washington, D.C. 20549, in
accordance with Rule 0-3 of the General Rules and Regulations
under the Act. The information contained in or filed with the
Form will be made a matter of public record in the Commission
files.
3. A manually signed copy of the form and amendments thereto shall
be filed with each national securities exchange on which any
class of securities of the registrant is registered.
4. Amendments to the notifications must also be filed on Form 12b-25
but need not restate information that has been correctly
furnished. The Form shall be clearly identified as an amended
notification.