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): December 24, 1996
ARABIAN SHIELD DEVELOPMENT COMPANY
(Exact name of registrant as specified in its charter)
Delaware 0-6247 75-1256622
(State or other (Commission (I.R.S.
jurisdiction of File Number) Employer
incorporation) Identification
No.)
10830 N. Central Expressway, Suite 175
Dallas, Texas 75231
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (214) 692-7872
FORM 8-K
CURRENT REPORT
Item 4. Changes in Registrant's Certifying Accountant
(b) New independent accountant
On December 24, 1996, Grant Thornton LLP was engaged as the new
independent accountant of Arabian Shield Development Company.
SIGNATURE
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.
ARABIAN SHIELD DEVELOPMENT COMPANY
By: /s/ DREW WILSON, JR.
--------------------------------
Drew Wilson, Jr.
Secretary/Treasurer
Date: December 27, 1996