form12b-25.htm

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

Commission File Number 333-64122

(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, 2007

[  ]  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: 

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
BLAST ENERGY SERVICES, INC.
Former Name if Applicable
  
   
Address of Principal Executive
  
  Offices (Street and Number)
14550 TORREY CHASE BOULEVARD, SUITE 330
   
City, State and Zip Code
HOUSTON, TEXAS 77014-1022

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 Form 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 reasons why Forms 10-K, 10-KSB, 11-K. 20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed time period.  (Attach extra sheets if needed.)
The registrant emerged from Chapter 11 bankruptcy on February 27, 2007 and immediately engaged their auditors to conduct an audit of the registrant’s financial statements for the year ended December 31, 2007. Given this late start to the normal audit timeline, the auditors have not had sufficient time to fully complete their audit of the registrant’s financial statements for the year ended December 31, 2007.  As a result, the registrant is delayed in filing its Form 10-KSB for the fiscal year ended December 31, 2007.

PART IV
OTHER INFORMATION
(1)           Name and telephone number of person to contact in regard to this notification
 
 
 
David M. Loev
 
 
 
(713)
 
 
 
524-4110
 
 
 
 
 
(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 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?
[   ] Yes  [X] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
 
BLAST ENERGY SERVICES, INC.
(Name of Registrant as specified in charter)

Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date
March 31, 2008
By     /s/ John MacDonald     
   
John MacDonald, Chief Financial Officer

INSTRUCTION:  The form may be signed by an executive officer of the registrant or by any other duly authorized representative.  The name and title of the person signing the form shall be typed or printed beneath the signature.  If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.

ATTENTION

Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

GENERAL INSTRUCTIONS
 
1.             This form is required by Rule 12b-25 of the General Rules and Regulations under the Securities Exchange Act of 1934.
 
2.            One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act.  The information contained in or filed with the Form will be made a matter of the public record in the Commission files.
 
3.            A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.
 
4.            Amendments to the notification must also be filed on Form 12b-25 but need not restate information that has been correctly furnished.  The form shall be clearly identified as an amended notification.