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                                                           SEC FILE NUMBER
                                                            333-106299
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                                                            CUSIP NUMBER
                                                            67611C 10 3
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check one): |_| Form 10-K |_| Form 20-F |_| Form 11-K |X| Form 10-Q
             |_| Form N-SAR |_| Form N-CSR

          For Period Ended: March 31, 2010

          |_|  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:
                                          --------------------------------------

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  Read Instruction (on back page) 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.
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If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:

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PART I -- REGISTRANT INFORMATION
ODYSSEY OIL & ENERGY, INC.
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Full Name of Registrant


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Former Name If Applicable

18 GEORGE AVENUE,
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Address of Principal Executive Office (Street and Number)

RIVONIA 2128 SOUTH AFRICA
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City, State and Zip Code

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 box if appropriate)

         |(a)  The reason  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, 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 subject distribution  report on
         |     Form 10-D, 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 why the Form 10-K, 11-K, 20-F 10-Q, 10-D,
N-SAR, N-CSR, or the transition report or portion thereof, could not be filed
within the prescribed time period.


Management is still in the process of completing the Registrant's Form 10-Q for
the period ended March 31, 2010.The Registrant's auditor had not completed its
review of the financial statements for such period. Management has been working
diligently to complete the Form and anticipates that it will be filed within the
time allowed by this extension.

                        Persons who are to respond to the collection of
                        information contained in this form are not required to
                        respond unless the form displays a currently valid OMB
SEC 1344(03-05)         control number.



(Attach extra Sheets if Needed)

PART IV -- OTHER INFORMATION

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

      ARTHUR JOHNSON                    +27(83)                 654-2633
     --------------------------------  -------------    ------------------------
                (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

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(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.

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                           ODYSSEY OIL & ENERGY, 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 14, 2010                      By /S/ ARTHUR JOHNSON
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                                          ARTHUR JOHNSON, PRESIDENT

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.

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                                    ATTENTION
   Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (See 18 U.S.C. 1001).
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                              GENERAL INSTRUCTIONS

1.    This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
      Rules and Regulations under the Securities Exchange Act of 1934.

2.    One signed original and four conformed copies of this form and amendments
      thereto must be completed and filed with the Securities and Exchange
      Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
      General Rules and Regulations under the Act. The information contained in
      or filed with the form will be made a matter of public record in the
      Commission files.

3.    A manually signed copy of the form and amendments thereto shall be filed
      with each national securities exchange on which any class of securities of
      the registrant is registered.

4.    Amendments to the notifications must also be filed on Form 12b-25 but need
      not restate information that has been correctly furnished. The form shall
      be clearly identified as an amended notification.

5.    Electronic Filers: This form shall not be used by electronic filers unable
      to timely file a report solely due to electronic difficulties. Filers
      unable to submit a report within the time period prescribed due to
      difficulties in electronic filing should comply with either Rule 201 or
      Rule 202 of Regulation S-T (ss.232.201 or ss.232.202 of this chapter) or
      apply for an adjustment in filing date pursuant to Rule 13(b) of
      Regulation S-T (ss.232.13(b) of this chapter).


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