SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934


                                BAIL CORPORATION
                                (Name of Issuer)

                           Common Stock, no par value
                         (Title of Class of Securities)

                                 Not yet issued
                                 (CUSIP Number)


                             Roger V. Davidson, Esq.
                     Ballard, Spahr, Andrews & Ingersoll LLP
                          1225 17th Street, Suite 2300
                             Denver, Colorado 80202
                                 (303) 292-2400
   (Name, Address and Telephone Number of Person Authorized to Receive Notices
                               and Communications)

                                 April 23, 2001
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).




                                  SCHEDULE 13D

--------------------------                           --------------------------
CUSIP No.                                                Page 2 of 5
--------------------------                           --------------------------
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1)       Names of Reporting Persons;          Terrie L. Pham
         I.R.S. Id. Nos. of Reporting Persons (entities only)
--------------------------------------------------------------------------------
2)       Check the Appropriate Box if a Member of a Group          (a)  [ ]
                                                                   (b)  [x]
--------------------------------------------------------------------------------
(3)      SEC Use Only
--------------------------------------------------------------------------------
(4)      Source of Funds (See Instructions) PF
--------------------------------------------------------------------------------
(5)      Check if Disclosure of Legal Proceedings is Required Pursuant
         to Items 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
(6)      Citizenship or Place of Organization
         USA
--------------------------------------------------------------------------------
                            (7)      Sole Voting Power:
                                     1,000,000
         NUMBER OF          ----------------------------------------------------
          SHARES            (8)      Shared Voting Power:
        BENEFICALLY                  0
         OWNED BY
           EACH              ---------------------------------------------------
     REPORTING PERSON       (9)      Sole Dispositive Power:
           WITH                      1,000,000
                            ----------------------------------------------------
                            (10)     Shared Dispositive Power: 0
--------------------------------------------------------------------------------
(11)     Aggregate Amount Beneficially Owned by Each Reporting Person
         1,000,000
--------------------------------------------------------------------------------
(12)     Check if the Aggregate Amount in Row 11 Excludes Certain Shares  [ ]
--------------------------------------------------------------------------------
(13)     Percent of Class Represented by Amount in Row (11)
         22.1%
--------------------------------------------------------------------------------
(14)     Type of Reporting Person (See Instructions)           IN
--------------------------------------------------------------------------------





Item 1. Security and Issuer.

          Common Stock, no par value (the "Common Stock"), of Bail Corporation,
          a Colorado corporation ("Bail"). The address of the principal
          executive offices of Bail is 7899 West Frost Drive, Littleton,
          Colorado 80128.

Item 2. Identity and Background.

--------------------------------------------------------------------------------
          NAME                               BUSINESS ADDRESS
--------------------------------------------------------------------------------
          Terrie L. Pham                     16511 E. 27
                                             Terrace, Independence, MO 64055
--------------------------------------------------------------------------------

          During the last five years Ms. Pham has not been convicted in a
          criminal proceeding or been subject to a judgment, decree or final
          order enjoining future violations of, or prohibiting or mandating
          activities subject to, federal or state securities laws or finding any
          violation with respect to such laws.

          Citizenship: USA

Item 3. Source and Amount of Funds or Other Consideration.

     The securities purchased by Ms. Pham were paid for in cash in the aggregate
amount of $10,000.




Item 4. Purpose of Transaction.

     Ms. Pham acquired the shares of Common Stock as a passive investor in a
company engaged in the oil and gas business.

     (a)  It is not anticipated that any additional Bail securities will be
          acquired by Ms. Pham or that any Bail securities will be disposed of
          by Ms. Pham.

     (b)  None.

     (c)  None.

     (d)  None.

     (e)  None.

     (f)  None.

     (g)  None.

     (h)  None.

     (i)  None.

     (j)  None.




Item 5. Interest in Securities of the Issuer.

     (a)  Ms. Pham beneficially owns 1,000,000 shares of Common Stock, which
          represents approximately 22.1% of the issued and outstanding shares of
          Common Stock.

     (b)  Ms. Pham has sole power to vote or direct the vote and to dispose or
          direct the disposition of 1,000,000 shares of Common Stock.

     (c)  Other than as set forth herein, there have been no transactions in
          Common Stock effected by Ms. Pham during the past 60 days.

     (d)  No other person is known to have the right to receive or the power to
          direct the receipt of dividends from, or the proceeds from the sale
          of, the Common Stock beneficially owned by Ms. Pham.

     (e)  Not applicable.

Item 6. Contract, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.

          Ms. Pham is not party to any contract, arrangement, understanding or
          relationship (legal or otherwise) with respect to any securities of
          the issuer, including but not limited to agreements to transfer or
          voting of any of the securities, finder's fees, joint ventures, loan
          or option arrangements, put or calls, guarantees of profits, division
          of profits or loss or the giving or withholding of proxies.

Item 7. Material to be Filed as Exhibits.

          None.




                                   Signatures

     After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.

May 4, 2001


                                            /s/  Terrie L. Pham
                                            ---------------------------
                                                 Terrie L. Pham