-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LlHcv4ClWqIDJpkhAZH/dXpbC6qmtoLWKxPB4NOAhiP64PO7Bj7baGLhQmxpQh1B
 GxRI3UOXT+0hUkVo4KBGJA==

<SEC-DOCUMENT>0001090002-04-000264.txt : 20041018
<SEC-HEADER>0001090002-04-000264.hdr.sgml : 20041018
<ACCEPTANCE-DATETIME>20041018214638
ACCESSION NUMBER:		0001090002-04-000264
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000719
FILED AS OF DATE:		20041018
DATE AS OF CHANGE:		20041018

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HAYES PAUL L JR
		CENTRAL INDEX KEY:			0001305931

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10157
		FILM NUMBER:		041084131

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		802-297-3311

	MAIL ADDRESS:	
		STREET 1:		209 MIDDLE RIDGE ROAD
		CITY:			STRATTON MT
		STATE:			VT
		ZIP:			05155

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPCO ENERGY INC
		CENTRAL INDEX KEY:			0000354767
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				840846529
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		12241 NEWPORT AVENUE
		STREET 2:		SUITE 221
		CITY:			SANTA ANA
		STATE:			CA
		ZIP:			92705
		BUSINESS PHONE:		7147346876

	MAIL ADDRESS:	
		STREET 1:		12241 NEWPORT AVENUE
		STREET 2:		SUITE 221
		CITY:			SANTA ANA
		STATE:			CA
		ZIP:			92705

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALFA RESOURCES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2000-07-19</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000354767</issuerCik>
        <issuerName>CAPCO ENERGY INC</issuerName>
        <issuerTradingSymbol>CGYN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001305931</rptOwnerCik>
            <rptOwnerName>HAYES PAUL L JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>209 MIDDLE RIDGE ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STRATTON MT</rptOwnerCity>
            <rptOwnerState>VT</rptOwnerState>
            <rptOwnerZipCode>05155</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>70000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0625</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-06-05</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-06-05</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>400000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.175</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-09-29</value>
            </exerciseDate>
            <expirationDate>
                <value>2009-09-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>200000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <ownerSignature>
        <signatureName>/s/ Paul L. Hayes, Jr.</signatureName>
        <signatureDate>2004-10-18</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----