content: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
  
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
  Date of Report (Date of earliest event reported) June 14, 2002
                                                   -------------
  
  
                        Matrix Energy Services Corporation
  -------------------------------------------------------------------------------
          (Exact name of small business issuer as specified in its charter)
  
  
  Nevada                            000-09419                     84-0811647
  -------------------------------------------------------------------------------
  (State or other jurisdiction      (Commission File          (I.R.S.Employer
  of incorporation)                  Number)                   Identification No.)
  
  5416 Birchman Ave., Fort Worth, TX                            76107
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                     (Zip Code)
  
  
  
  (Registrant's telephone number, including area code: (817) 377-4464
  
  
  
  
                               Power Exploration, Inc.
  -------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since last
  report)
  
  
  
  
  <PAGE>
  
  
  Item 5. Other Information.
  
  On June 14, 2002, the board of Directors approved a three for one stock split of
  the Corporation's Common Stock. This split will be effective on June 17, 2002.
  On June 14, 2002, the Corporation had 15,141,010 shares of Common Stock issued
  and outstanding. The effect of the split would be to increase the number of
  shares of Common Stock issued and outstanding to 45,423,030.
  
  
  
  <PAGE>
  
  
                                     SIGNATURES
  
           Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf, thereby
  duly authorized.
  
  
  
      Date: June 14, 2002
                                          Matrix Energy Services Corporation
  
  
                                          /s/ Edward A. Levy
                                          ---------------------------------------
                                          Edward A. Levy, Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "f8k614.txt", "description": "STOCK SPLIT", "secsgml_size_bytes": 2430}]
metadata_filer: {"company-data": {"conformed-name": "POWER EXPLORATION INC", "cik": "0000316621", "assigned-sic": "1311", "irs-number": "840811647", "state-of-incorporation": "NV", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-09419", "film-number": "02679096"}, "business-address": {"street1": "5416 BIURCHMAN AVENUE", "street2": "C/O MANY ANN WELCH", "city": "FORT WORTH", "state": "TX", "zip": "76107", "phone": "8173774464"}, "mail-address": {"street1": "5416 BIRCHMAN AVENUE", "city": "FORT WORTH", "state": "TX", "zip": "76107"}, "former-company": [{"former-conformed-name": "IMPERIAL ENERGY CORP", "date-changed": "19980727"}, {"former-conformed-name": "TITAN ENERGY CORP INC", "date-changed": "19980727"}]}
text: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
  Date of Report (Date of earliest event reported) June 14, 2002
                                                   -------------
  
                        Matrix Energy Services Corporation
  -------------------------------------------------------------------------------
          (Exact name of small business issuer as specified in its charter)
  
  Nevada                            000-09419                     84-0811647
  -------------------------------------------------------------------------------
  (State or other jurisdiction      (Commission File          (I.R.S.Employer
  of incorporation)                  Number)                   Identification No.)
  
  5416 Birchman Ave., Fort Worth, TX                            76107
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                     (Zip Code)
  
  (Registrant's telephone number, including area code: (817) 377-4464
  
                               Power Exploration, Inc.
  -------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since last
  report)
  Item 5. Other Information.
  
  On June 14, 2002, the board of Directors approved a three for one stock split of
  the Corporation's Common Stock. This split will be effective on June 17, 2002.
  On June 14, 2002, the Corporation had 15,141,010 shares of Common Stock issued
  and outstanding. The effect of the split would be to increase the number of
  shares of Common Stock issued and outstanding to 45,423,030.
  SIGNATURES
  
           Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf, thereby
  duly authorized.
  
      Date: June 14, 2002
                                          Matrix Energy Services Corporation
  
                                          /s/ Edward A. Levy
                                          ---------------------------------------
                                          Edward A. Levy, Chief Executive Officer