tidelands-ext123108.htm
 
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 
FORM 12b-25
 
 
NOTIFICATION OF LATE FILING


(Check one): x Form 10-K   oForm 20-F   oForm 11-K  o Form 10-Q   o Form N-SAR   oForm N-CSR
 

For Period Ended:  December 31, 2008
 
oTransition Report on Form 10-K
oTransition Report on Form 20-F
oTransition Report on Form 11-K
oTransition Report on Form 10-Q
oTransition 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
 
Tidelands Oil & Gas Corporation
  
Full Name of Registrant
  
   
   
Former Name if Applicable
  
   
1862 West Bitters Road, Building 1
  
Address of Principal Executive Office (Street and Number)
  
   
San Antonio, TX 78248
  
City, State and Zip Code
  

  
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)
 
 
 x
(a)
The reason 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 20-F, Form 11-K, Form N-SAR or Form N-CSR, 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)
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 why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
 
The  registrant  is in the process of preparing and reviewing the financial and other  information  for the report on form 10-K for the period ended December 31, 2008, and management was unable to complete the Form 10-K on or before the prescribed due date without unreasonable effort or expense.
 
 

 
 
PART IV -- OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification
 
 
James B. Smith
(210)
764-8642
 (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 answer is no, identify report(s). Yes x  No o
 
(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 o  No x

 
Tidelands Oil & Gas Corporation
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
Date: April 1, 2009    
By:
/s/ James B. Smith                            
    James B. Smith  
    Chief Executive Officer