U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

[ ]  Form 10-K   [ ] Form 20-F  [ ] Form 11-K  [X] Form 10-Q  [ ] Form N-SAR

        For Period Ended: MARCH 31, 2005

        [ ] Transition Report on Form 10-K
        [ ] Transition Report on Form 20-F
        [ ] Transition Report on Form 11-K
        [ ] Transition Report on Form 10-Q
        [ ] Transition Report on Form N-SAR

        For the Transition Period Ended:


READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM.  PLEASE PRINT OR TYPE.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

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

PART I - REGISTRANT INFORMATION


Full Name of Registrant:   ISRAMCO, INC

Former Name if Applicable:

Address of Principal Executive Office: 11767 Katy Freeway

(City, State and Zip Code):  Houston, Texas, 77079


PART II - RULES 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 box if appropriate.)



     [X]  (a)  The reasons described in reasonable 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
     on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
     filed on or before the fifteenth calendar day following the prescribed due
     date; or the subject quarterly report or transition report on Form 10-Q, or
     portion thereof will be filed on or before the fifth calendar day following
     the prescribed due date; and

     [ ]  (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 Form 10-K, 20-F, 11-K, 10-Q and
Form 10-QSB, N-SAR, or the transition report or portion thereof could not be
filed within the prescribed period.
                                                 (Attach Extra Sheets if Needed)

The Registrant is unable to file its quarterly report on Form 10-Q for the
quarter ended on March 31, 2005 (the "Quarterly Report") by the prescribed date
of May 16, 2005 without unreasonable effort or expense due to unforeseen
circumstances encountered in closing and consolidating with its subsidiaries the
Registrant's books and records for the quarter ended March 31, 2005. The
registrant intends to file the Quarterly Report on or prior to May 20, 2005.


PART IV - OTHER INFORMATION


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

        Monroe Cutler                   713 621-3882
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        (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 or section 30 of the Investment 
        Company Act of 1940 during the preceding 12 months or for 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.

                                  ISRAMCO, 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:         May 16, 2005              By:   /s/ Haim Tsuff
      ------------------------             -------------------------
                                           Haim Tsuff
                                           Chief Executive Officer


INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.