MEXCO ENERGY CORP — Director's Dealing 2008

Jul 17, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2008-07-16

Reporting Person: GROVER ARDEN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-16	Mexco Energy Common Stock	M	10000	$4	Acquired	15900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-16	Mexco Energy Common Stock	$4	M	10000	Acquired	2011-10-23	Mexco Energy Common Stock (10000)	Direct

Footnotes

F1: Mr. Grover was awarded an option to acquire 10,000 shares of the Registrant's common stock at $4.00 per share on October 23, 2001. Options vested at a rate of 2,500 shares per year so that the option to purchase all 10,000 shares fully vested on October 23, 2005 and have been included in the total number of shares reported to be owned by Mr. Grover since that date.