NT 10-K

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

                           Notification of Late Filing

                                               Commission file Number 0-24682
(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 the period ended June 30, 1997

| | 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 ____________

Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.

      If the  notification  related to a portion of the  filing  checked  above,
identify the item(s) to which notification relates: ____________________________


                                    PART I
                             REGISTRANT INFORMATION

Full name of registrant:     Worldwide Petromoly, Inc.

Former name if applicable:   Ogden, McDonald & Company

Address of principal
executive office:            1300 Post Oak Boulevard,  Suite 1985

City, State and Zip Code:    Houston, Texas 77056






                                     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 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
of 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


      |X| (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 portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)


      The  Registrant's  annual  report on Form 10-KSB could not be filed within
the  prescribed  time period  because the  financial  statements  required to be
prepared by the  Registrant's  independent  auditor were not  completed and made
available  to the  Registrant  in time for the  annual  report  to be filed in a
timely manner.












                                   PART IV

                              OTHER INFORMATION

      (1) Name and  telephone  number  of person  to  contact  in regard to this
notification:

         Lance Rosmarin                (713)        892-5823
         --------------             ------------------------------  
            (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  Section 30  of the Investment  Company ACT
of 1940  during the  preceding  12 months or fir 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.

Exhibits
- --------
1.1   Letter from Independent Accountant


                            Worldwide Petromoly, Inc.
                  -------------------------------------------- 
                  (Name of Registrant as Specified in Charter)

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



Date  09/27/97                       By \s\ Lance Rosmarin
     ---------------------           --------------------------------- 
                                            Lance Rosmarin
                                            Chief Financial Officer

EX-99

BDO                   BDO Seidman, LLP             1200 Smith Street, Suite 3060
                      Accountants and Consultants  Houston, Texas 77002-4501
                                                   Telephone: (713) 659-6551
                                                   Fax: (713) 659-3238

September 25, 1997

Securities and Exchange Commission 
450 5th Street N.W.
Washington, D.C. 20549

Gentlemen:

This letter is written in response to the  requirement of Rule  12b-25(c)  under
the Securities and Exchange Act of 1934 and in  satisfaction of item (c) of Part
II of Form 12b-25.

We are the independent  auditors of Worldwide  Petromoly,  Inc. (formerly Ogden,
McDonald & Company - the "Registrant"). The Registrant has stated in Part III of
its filing on Form 12b-25 that it is unable to timely file, without unreasonable
effort or expense,  its Annual Report on Form 10-KSB for the year ended June 30,
1997,  because  our  Firm  has not yet  completed  our  audit  of the  financial
statements of the  Registrant for the year ended June 30, 1997, and is therefore
unable to furnish the required opinion on such financial statements.

We hereby advise you that we have read the statements  made by the Registrant in
Part III of its  filing  on Form  12b-25  and  agree  with the  statements  made
therein.  We are  unable to  complete  our audit of the  Registrant's  financial
statements  and furnish the  required  opinion for a timely  filing  because the
above  referenced Form 10-KSB will include the balance sheet as of June 30, 1997
and the  statements of  operations,  stockholders'  equity and cash flows of the
Registrant  for the years ended June 30 1997 and 1996,  of which the 1996 fiscal
year will be on a  proforma  basis to  include  the  results  of  operations  of
Worldwide  Petromoly  Corporation  which have been  recasted  on a June 30, 1996
fiscal year basis.  Prior to the July 22, 1996,  reverse  merger  between Ogden,
McDonald & Company and Worldwide Petromoly  Corporation,  the latter company was
privately-held with a December 31, fiscal year end. As a result, we have not yet
had  sufficient  time to  complete  the  auditing  procedures  which we consider
necessary in the circumstances.


Very truly yours,


/s/ BDO Seidman, LLP