MEXCO ENERGY CORP — Director's Dealing 2006

Jul 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2006-07-12

Reporting Person: MCCOMIC TAMMY (Vice President and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-12	Stock Options (right to buy)	$8.24	A	10000	Acquired	2011-07-12	Common Stock (10000)	Direct

Footnotes

F1: Options granted pursuant to Mexco Energy Corporation 2004 Employee Incentive Stock Plan.

F2: The shares vest 1/4 each year for four consecutive years (1/4 in 2007, 1/4 in 2008, 1/4 in 2009 and 1/4 in 2010).

F3: Of these 50,000 shares, 35,000 shares are vested and can be acquired at the following prices: 15,000 @ $6.00 per share and
20,000 shares @ $4.00 per share.