WASHINGTON, DC 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

                                                Commission File Number 333-61714

(Check One)
|X| Form 10-K and Form 10-KSB  |_| Form 11-K  Form 20-F |_|
|_| Form 10-Q and Form 10-QSB  |_| Form N-SAR

                       For period ended December 31, 2003

|_| 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

      Read Attached Instruction Sheet Before Preparing Form. Please Print or

      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.

         Former name if applicable

         Address of principal executive office 521 3rd Avenue S.W., Suite 1250

         City, State and Zip Code    Calgary, Alberta T2P 3T3

                                     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

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 various factors  including our expanded  business  activities it
has taken us longer than  expected to complete our Annual Report on Form 10-KSB.
We are in the final stages of  reviewing  the document and expect to file within
the next few days.

                                     PART IV
                                OTHER INFORMATION

         (1) Name and telephone  number of person to contact with regard to this

Scott E. Rapfogel Esq.         (212) 400-6900
                         (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


         (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.

         Our net  operating  revenues  increased  to  $4,973,092  in  2003  from
$962,203 in 2002.  Operating  expenses in 2003 were $15,341,576 in 2003 compared
to  $1,725,979  in 2002.  The primary  reason for the increase in our  operating
expenses in excess of the  increase in our  revenues is a $7.3  million  ceiling
test write down that was recorded in 2003. General and  administrative  expenses
increased  to  $1,937,737  in 2003 from  $677,932 in 2002 due  primarily  to the
expansion of our operations. The loss in 2003, before deduction of income taxes,
minority   interest   in   consolidated   subsidiary,   and  equity   income  in
unconsolidated  subsidiary,  was  $10,368,484  compared to a loss of $763,776 in
2002. The net loss for 2003 was $9,201,807 compared to a net loss of $792,162 in
2002.  Our results of  operations  reflect the  acquisition  of Assure Oil & Gas
Corp. and Westerra,  2000 Inc. effective April 1, 2002 and Quarry Oil & Gas Ltd.
effective July 28, 2003, and the inclusion of the results of operations of these
companies  from their  date of  acquisition.  We  effectively  control  Quarry's
operations and, as a result, we include the accounts of Quarry on a consolidated
basis.  The interest of the remaining  51.5% of Quarry  shareholders in Quarry's
operations is recorded as minority  interest in  consolidated  subsidiary in our
consolidated financial statements.

                               Assure Energy, Inc.
                  (Name of Registrant as Specified in Charter)

         has  caused  this  notification  to be  signed  on  its  behalf  by the
undersigned heretofore duly authorized.

Date: March 30, 2004

                                        By: /s/ Harvey Lalach
                                           Harvey Lalach