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                                                                    Exhibit 31.2


                    CERTIFICATION OF CHIEF FINANCIAL OFFICER


I, Richard E. Staedtler, certify that:

(1)    I have reviewed this annual report on Form 10-K of Castle Energy
       Corporation for the year ended September 30, 2002.

(2)    Based on my knowledge, this report does not contain any untrue statement
       of a material fact or omit to state a material fact necessary to make the
       statements made, in light of the circumstances under which such
       statements were made, not misleading with respect to the period covered
       by this report.

(3)    Based on my knowledge, the financial statements, and other financial
       information included in this report, fairly present in all material
       respects the financial condition, results of operations and cash flows of
       the registrant as of, and for, the periods presented in this report.

(4)    The registrant's other certifying officer and I are responsible for
       establishing and maintaining disclosure controls and procedures (as
       defined in Exchange Act Rules 13a-15(a) and (15e) for the registrant and
       we have:

       a)     Designed such disclosure controls and procedures, or caused such
              disclosure controls and procedures to be designed under our
              supervision and presented in this report our conclusions about the
              effectiveness of the disclosure controls and procedures to ensure
              that material information relating to the registrant, including
              its consolidated subsidiaries, is made known to us by others
              within those entities, particularly during the period in which
              this report is being prepared;

       b)     Evaluated the effectiveness of the registrant's disclosure
              controls and procedures as of the end of the period covered by
              this report based on such evaluation; and

       c)     Disclosed in this report any changes in the registrant's internal
              control over financial reporting that occurred during the
              registrant's most recent fiscal quarter (the registrant's fourth
              fiscal quarter in the case of an annual report) that has
              materially affected, or is reasonably likely to materially affect,
              the registrant's internal control over financial reporting and

(5)    The registrant's other certifying officer and I have disclosed, based on
       our most recent evaluation of internal control over financial reporting,
       to the registrant's auditors and the audit committee of the registrant's
       board of directors:

       a)     All significant deficiencies and material weaknesses in the design
              or operation of internal control over financial reporting which
              are reasonably likely to adversely affect the registrant's ability
              to record, process, analyze and report financial information; and

       b)     Any fraud, whether or not material, that involves management or
              other employees who have a significant role in the registrant's
              internal control over financial reporting.


/S/RICHARD E. STAEDTLER
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Richard E. Staedtler
Chief Financial Officer

December 29, 2003