4 1 edgar.txt FORM 4 - 02-26-2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person DOUGAN, PAUL M P.O. BOX 959 SALT LAKE CITY, UT 84110 2. Issuer Name and Ticker or Trading Symbol EQUITY OIL COMPANY EQTY 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Day/Year 02-26-2003 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) PRESIDENT, CHIEF EXECUTIVE OFFICER 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person

Explanation of Responses: (1) Options to purchase Equity Oil Company common stock expired unexercised.

EQUITY OIL CO 4