MEXCO ENERGY CORP — Director's Dealing 2003

Sep 8, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MEXC)
CIK: 0000066418
Period of Report: 2003-09-05

Reporting Person: GRAHAM THOMAS JR (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-05	Common Stock	P	1350	$7.00	Acquired	5350	Indirect

Footnotes

F1: Direct beneficial holdings total 119,100 shares which include vested options to acquire 32,500 shares of the Registrant's Common Stock ($0.50 par value) at the following prices: 10,000 shares @ $7.75 per share, 10,000 shares @ $7.50 per share, 7,500 shares @ $5.25 per share and 5,000 shares @ $6.75 per share.

F2: 1,350 shares purchased 9-5-03 are owned indirectly by spouse. Total shares indirectly owned total 5,350 shares all of which are owned by spouse.