content: SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                                      FORM 8-K
  
  
                  Current Report Pursuant to Section 13 or 15(d) of
                             The Securities Act of 1934
  
  
           Date of Report (date of earliest event reported): May 23, 2002
  
  
                              MEXCO ENERGY CORPORATION
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its Charter)
  
  
  
  Colorado                            0-6694                       84-0627918
  --------------------------------------------------------------------------------
  (State or other                (Commission File               (I.R.S. Employer
  jurisdiction of                     Number)                  Identification No.)
  incorporation)
  
                   214 W. Texas, Suite 1101, Midland, Texas 79701
  --------------------------------------------------------------------------------
                 (Address of Principal Executive Offices) (Zip Code)
  
  
  Registrant's telephone number, including area code: 915-682-1119
  
  <PAGE>
  
  ITEM 5.   OTHER EVENTS
  -------   ------------
  
       The  estimates  of the  Company's  proved oil and gas  reserves,  which are
  located entirely within the United States,  were prepared in accordance with the
  guidelines  established by the Securities and Exchange  Commission and Financial
  Accounting  Standards  Board.  The estimates as of March 31, 2002, 2001 and 2000
  are  based on  evaluations  prepared  by Joe C. Neal and  Associates,  Petroleum
  Consultants.  For information  concerning  costs incurred by the Company for oil
  and gas operations,  net revenues from oil and gas production,  estimated future
  net revenues  attributable to the Company's oil and gas reserves,  present value
  of the future net revenues  discounted at 10% and changes therein,  see Notes to
  the Company's  consolidated  financial statements.  Financial statements for the
  fiscal year ended March 31,  2002,  will be available  in late June,  2002.  The
  Company emphasizes that reserve estimates are inherently imprecise and there can
  be no assurance that the reserves set forth below will be ultimately realized.
  
       In estimating  reserves as of March 31, 2002,  average prices of $23.00 per
  barrel for oil and $3.00 per mcf (thousand cubic feet) for gas were used,  which
  were the average actual prices in effect for the Company's production.
  
       The Company has not filed any oil or gas reserve  estimates or included any
  such estimates in reports to any other federal or foreign governmental authority
  or agency within the past twelve months.
  
           The  estimated  proved  oil and  gas  reserves  and  present  value  of
  estimated  future net revenues  from proved oil and gas reserves for the Company
  in the periods ended March 31 are summarized below.
  
                                   PROVED RESERVES
  
  <TABLE>
  <CAPTION>
                                                               March 31,
                                             --------------------------------------------
                                                 2002            2001            2000
                                             ------------    ------------    ------------
  Oil (Bbls):
  <S>                                        <C>             <C>             <C>
         Proved developed - Producing             143,003         145,954         138,839
         Proved developed - Non-producing           1,404          88,700              --
         Proved undeveloped                        92,900              --              --
                                             ------------    ------------    ------------
                Total                             237,307         234,654         138,839
                                             ============    ============    ============
  Natural gas (Mcf):
         Proved developed - Producing           3,822,715       4,447,379       4,165,396
         Proved developed - Non-producing       1,336,190       1,889,833         589,951
         Proved undeveloped                     5,023,328           8,234              --
                                             ------------    ------------    ------------
                Total                          10,182,233       6,345,446       4,755,347
                                             ============    ============    ============
  
  Present value of estimated future
         Net revenues before income taxes    $ 11,925,260    $ 15,988,820    $  6,144,644
                                             ============    ============    ============
  </TABLE>
  
       The  preceding  tables  should  be read in  connection  with the  following
  definitions:
  
       PROVED RESERVES. Estimated quantities of oil and gas, based on geologic and
       engineering  data,  appear with  reasonable  certainty  to be  economically
       recoverable in future years from known reservoirs  under existing  economic
       and operating conditions.
  
  <PAGE>
  
       PROVED  DEVELOPED  RESERVES.  Proved oil and gas  reserves  expected  to be
       recovered  through  existing  wells with  existing  equipment and operating
       methods.  Developed  reserves  include  both  producing  and  non-producing
       reserves.  Producing  reserves are those reserves  expected to be recovered
       from existing completion  intervals producing as of the date of the reserve
       report.  Non-producing  reserves are currently  shut-in awaiting a pipeline
       connection or in  reservoirs  behind the casing or at minor depths above or
       below the  producing  zone and are  considered  recoverable  by  production
       either from wells in the field, by successful  drill-stem tests, or by core
       analysis.   Non-producing   reserves  require  only  moderate  expense  for
       recovery.
  
       PROVED  UNDEVELOPED  RESERVES.  Proved oil and gas reserves  expected to be
       recovered  from  additional  wells yet to be drilled or from existing wells
       where a relatively major expenditure is required for completion.
  
  
       Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
  registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned hereunto duly authorized.
  
  
                                          Mexco Energy Corporation
  
                                          Registrant
  
  
                                          /s/ Nicholas C. Taylor
                                          -------------------------------------
                                              Nicholas C. Taylor, President
  
  Dated:  May 23, 2002
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "x8k-502.txt", "description": "MEXCO ENERGY CORPORATION", "secsgml_size_bytes": 6690}]
metadata_filer: {"company-data": {"conformed-name": "MEXCO ENERGY CORP", "cik": "0000066418", "assigned-sic": "1311", "irs-number": "840627918", "state-of-incorporation": "CO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-06694", "film-number": "02660790"}, "business-address": {"street1": "214 W TEXAS AVENUE", "street2": "SUITE 1101", "city": "MIDLAND", "state": "TX", "zip": "79701", "phone": "9156821119"}, "mail-address": {"street1": "214 W TEXAS AVENUE", "street2": "SUITE 1101", "city": "MIDLAND", "state": "TX", "zip": "79701"}, "former-company": {"former-conformed-name": "MILLER OIL CO", "date-changed": "19800702"}}
text: SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                                      FORM 8-K
  
                  Current Report Pursuant to Section 13 or 15(d) of
                             The Securities Act of 1934
  
           Date of Report (date of earliest event reported): May 23, 2002
  
                              MEXCO ENERGY CORPORATION
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its Charter)
  
  Colorado                            0-6694                       84-0627918
  --------------------------------------------------------------------------------
  (State or other                (Commission File               (I.R.S. Employer
  jurisdiction of                     Number)                  Identification No.)
  incorporation)
  
                   214 W. Texas, Suite 1101, Midland, Texas 79701
  --------------------------------------------------------------------------------
                 (Address of Principal Executive Offices) (Zip Code)
  
  Registrant's telephone number, including area code: 915-682-1119
  ITEM 5.   OTHER EVENTS
  -------   ------------
  
       The  estimates  of the  Company's  proved oil and gas  reserves,  which are
  located entirely within the United States,  were prepared in accordance with the
  guidelines  established by the Securities and Exchange  Commission and Financial
  Accounting  Standards  Board.  The estimates as of March 31, 2002, 2001 and 2000
  are  based on  evaluations  prepared  by Joe C. Neal and  Associates,  Petroleum
  Consultants.  For information  concerning  costs incurred by the Company for oil
  and gas operations,  net revenues from oil and gas production,  estimated future
  net revenues  attributable to the Company's oil and gas reserves,  present value
  of the future net revenues  discounted at 10% and changes therein,  see Notes to
  the Company's  consolidated  financial statements.  Financial statements for the
  fiscal year ended March 31,  2002,  will be available  in late June,  2002.  The
  Company emphasizes that reserve estimates are inherently imprecise and there can
  be no assurance that the reserves set forth below will be ultimately realized.
  
       In estimating  reserves as of March 31, 2002,  average prices of $23.00 per
  barrel for oil and $3.00 per mcf (thousand cubic feet) for gas were used,  which
  were the average actual prices in effect for the Company's production.
  
       The Company has not filed any oil or gas reserve  estimates or included any
  such estimates in reports to any other federal or foreign governmental authority
  or agency within the past twelve months.
  
           The  estimated  proved  oil and  gas  reserves  and  present  value  of
  estimated  future net revenues  from proved oil and gas reserves for the Company
  in the periods ended March 31 are summarized below.
  
                                   PROVED RESERVES
  March 31,
                                             --------------------------------------------
                                                 2002            2001            2000
                                             ------------    ------------    ------------
  Oil (Bbls):
  Proved developed - Producing             143,003         145,954         138,839
         Proved developed - Non-producing           1,404          88,700              --
         Proved undeveloped                        92,900              --              --
                                             ------------    ------------    ------------
                Total                             237,307         234,654         138,839
                                             ============    ============    ============
  Natural gas (Mcf):
         Proved developed - Producing           3,822,715       4,447,379       4,165,396
         Proved developed - Non-producing       1,336,190       1,889,833         589,951
         Proved undeveloped                     5,023,328           8,234              --
                                             ------------    ------------    ------------
                Total                          10,182,233       6,345,446       4,755,347
                                             ============    ============    ============
  
  Present value of estimated future
         Net revenues before income taxes    $ 11,925,260    $ 15,988,820    $  6,144,644
                                             ============    ============    ============
  The  preceding  tables  should  be read in  connection  with the  following
  definitions:
  
       PROVED RESERVES. Estimated quantities of oil and gas, based on geologic and
       engineering  data,  appear with  reasonable  certainty  to be  economically
       recoverable in future years from known reservoirs  under existing  economic
       and operating conditions.
  PROVED  DEVELOPED  RESERVES.  Proved oil and gas  reserves  expected  to be
       recovered  through  existing  wells with  existing  equipment and operating
       methods.  Developed  reserves  include  both  producing  and  non-producing
       reserves.  Producing  reserves are those reserves  expected to be recovered
       from existing completion  intervals producing as of the date of the reserve
       report.  Non-producing  reserves are currently  shut-in awaiting a pipeline
       connection or in  reservoirs  behind the casing or at minor depths above or
       below the  producing  zone and are  considered  recoverable  by  production
       either from wells in the field, by successful  drill-stem tests, or by core
       analysis.   Non-producing   reserves  require  only  moderate  expense  for
       recovery.
  
       PROVED  UNDEVELOPED  RESERVES.  Proved oil and gas reserves  expected to be
       recovered  from  additional  wells yet to be drilled or from existing wells
       where a relatively major expenditure is required for completion.
  
       Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
  registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned hereunto duly authorized.
  
                                          Mexco Energy Corporation
  
                                          Registrant
  
                                          /s/ Nicholas C. Taylor
                                          -------------------------------------
                                              Nicholas C. Taylor, President
  
  Dated:  May 23, 2002