SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 333-61714
(Check One)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K
[ ] Form 20-F [X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For period ended June 30, 2002
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For the transition period ended N/A
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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 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 Assure Energy, Inc.
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Former name if applicable
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Address of principal executive office 840 7th Avenue, Suite 1600
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City, State and Zip Code Calgary, Alberta T2P 3G2
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PART II
RULE 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 appropriate box.)
[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 Forms 10-K, 10-KSB, 20-F, 11-K, or Form N-SAR, or portion thereof
will be filed on or before the 15th calendar day following the prescribed due
date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB,
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.
PART III
NARRATIVE
State below in reasonable detail the reason why Forms 10-K, 10-KSB, 11-K, 20-F,
10-Q, 10-QSB, -SAR, or the transition report portion thereof could not be filed
within the prescribed time period.
(Attach extra sheets if needed.)
Due to unanticipated delays in completing its unaudited financial
statements for the quarterly period ended June 30, 2002, registrant has only
recently provided such financial statements and related data to its independent
accountants for review. Registrant expects its Form 10-QSB to be filed on or
before August 19, 2002.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact with regard to this
notification.
Adam S. Gottbetter, Esq. (212) 983-6900
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(Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d)
or 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).
[X] Yes [ ] No
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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 will be
reflected by the earnings statements to be included in the subject report or
portion thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reason why a
reasonable estimate of the results cannot be made.
On April 23, 2002 Registrant entered into an Acquisition Agreement with
Assure Oil and Gas Corp., a Canadian corporation ("Assure") and the shareholders
of Assure pursuant to which Registrant acquired Assure in a stock for stock
transaction. For accounting purposes the transaction was accounted for as a
purchase.
On May 30, 2002, Assure entered into a purchase agreement with the
shareholders of Westerra 2000, Inc. ("Westerra"). For accounting purposes this
transaction was also accounted for as a purchase.
Assure Energy, Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned heretofore duly authorized.
Date: August 14, 2002
By: /s/ James I. Golla
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James I. Golla
President
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