U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
0-16487
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7 SEC FILE NUMBER
457469-20-3
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CUSIP NUMBER
NOTIFICATION OF LATE FILING
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [x]
Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 2002
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[ ] 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
Full Name of Registrant: Inland Resources, Inc.
Former Name if Applicable:
Address of Principal Executive Office: 410 17th Street, Suite 700,
Denver, Colorado 80202
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;
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(b) The subject annual report, semi-annual report, transition report on
Form 10-K, 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 portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and
(c) No accountant's statement or other exhibit required by Rule 12b-25
is required.
Part III - On August 1, 2002 Arthur Andersen LLP ("Andersen") was dismissed as
independent accountants for Inland Resources Inc. (the "Company") effective
immediately, and KPMG LLP ("KPMG") was appointed as the Company's new
independent accountants for the fiscal year ending December 31, 2002. Due to the
timing of the appointment of KPMG as the Company's independent accountants, the
Company requires a few additional days to file its Form 10-Q.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Bill I. Pennington (303) 893-0102
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(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
(3) Is it anticipated that any significant change in result 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.
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Inland Resources, Inc. has caused this notification to be signed on its
behalf thereunto duly authorized.
Date: 8/14/2002
INLAND RESOURCES, INC.
By: /s/ Bill I. Pennington
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Bill I. Pennington, President and
Chief Financial Officer
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