<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-K/A

      [ ]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934

      [X]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934

      For the transition period from March 31, 2001 to December 31, 2001.

                         COMMISSION FILE NUMBER 0-18691

                            NORTH COAST ENERGY, INC.
             (Exact name of Registrant as specified in its charter)

DELAWARE                                                              34-1594000
(State of incorporation)                    (I.R.S. Employer Identification No.)
1993 CASE PARKWAY

TWINSBURG, OHIO                                                       44087-2343
(Address of principal executive offices)                              (Zip Code)

       Registrant's telephone number, including area code: (330) 425-2330

          Securities registered pursuant to Section 12(g) of the Act:

                          COMMON STOCK, $0.01 PAR VALUE

                                (Title of class)

     SERIES A 6% CONVERTIBLE NON-CUMULATIVE PREFERRED STOCK, $0.01 PAR VALUE

                                (Title of class)

        SERIES B CUMULATIVE CONVERTIBLE PREFERRED STOCK, $0.01 PAR VALUE

                                (Title of class)

               WARRANTS TO PURCHASE COMMON STOCK, $0.01 PAR VALUE

                                (Title of class)

Indicate by check mark whether the Registrant (1) has filed all Reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was
required to file such reports), and (2) has been subject to the filing
requirements for the past 90 days. Yes [X] No[ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

As of February 28, 2002, the Registrant had outstanding 15,208,031 shares of
Common Stock, 73,096 shares of Series A Preferred Stock, and 232,864 shares of
Series B Preferred Stock. All shares reflect the 1 for 5 reverse Common Stock
split effective June 7, 1999.

The aggregate market value of Common Stock held by non-affiliates of the
Registrant at February 28, 2002, was $7,256,773 which value was computed on the
basis of $3.36 per share of Common Stock, the mean between the closing bid and
ask price as reported for that day on the Nasdaq Stock Market.

              DOCUMENTS OR PARTS THEREOF INCORPORATED BY REFERENCE

                                Part of Form 10-K

                       Part III (Items 10, 11, 12, and 13)

                       Document Incorporated by Reference

       Portions of the Registrant's definitive Proxy Statement to be used
          in connection with its 2002 Annual Meeting of Stockholders.

    Except as otherwise indicated, the information contained in this Report
                          is as of December 31, 2001.
<PAGE>
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

Executive officers and directors of the Company as of February 28, 2002 were as
follows:

<TABLE>
<CAPTION>
Name                     Age     Position
----                     ---     --------
<S>                      <C>     <C>
Omer Yonel                38     President, Chief Executive Officer and Director
Dale E. Stitt             56     Chief Financial Officer
Dean A. Swift             49     Secretary and General Counsel
Carel W.J. Kok            35     Chairman of the Board and Director
Cok van der Horst         56     Director
Ron L. Langenkamp         56     Director
Ralph L. Bradley          60     Director
Joop G. Drechsel          47     Director
Garry Regan               51     Director
</TABLE>


      OMER YONEL is President, Chief Executive Officer and a Director of North
Coast Energy, Inc. He was appointed Executive Vice President - Corporate
Development in January 1999. In May 1999 he was promoted to Chief Operating
Officer and in October 1999 he was named Chief Executive Officer and appointed
as a Director. In May 2001, he was appointed to the additional position of
President.

      Prior to his election as an officer of North Coast Energy, Inc., Mr. Yonel
was employed by n.v. NUON, the largest public utility in The Netherlands.
Previous to his tenure at NUON, Mr. Yonel was a project manager for the
construction of co-generation and power plants at Schelde Engineering &
Contractors bv, a Netherlands company. Prior to his service with Schelde, Mr.
Yonel held various project-engineering, management and sales positions at ABB
Lummus, an Asea Brown Boveri subsidiary that provides engineering, management
and consultancy services to global chemical, petrochemical, petroleum refining,
oil and gas and other industries.

      Mr. Yonel holds a BS and MS Degree in Engineering from Delft University of
Technology in The Netherlands. Additionally, Mr. Yonel has a certification of
Project Management, is a certified Cost Engineer through the International Cost
Engineering Council, and holds several certifications from executive education
programs and post-graduate programs from Columbia University in New York, J.L.
Kellogg Graduate School of Business at Northwestern University and Harvard
University. Mr. Yonel is also a graduate of the Advanced Management Program at
The Wharton School, University of Pennsylvania. He is a member of the Ohio Oil &
Gas Association and the Cleveland Engineering Society.

      DALE E. STITT has served as Chief Financial Officer since January 2001. He
is a Certified Public Accountant, and was previously employed by Ernst & Young
LLP from June 1967 to December 2000, serving most recently as an audit partner.
Mr. Stitt has extensive experience in the oil and gas industry, where he has
specialized in mergers and acquisitions, transaction financing and the public
offering of securities. He holds a Bachelor of Science degree in Accounting from
Miami University, and attended the Executive Program at the J.L. Kellogg
Graduate School of Management at Northwestern University. Mr. Stitt is a member
of the American Institute of Certified Public Accountants, the Ohio Society of
Certified Public Accountants, the Independent Petroleum Association of America,
the Ohio Oil & Gas Association, the Ohio Petroleum Producers Accountants Society
and the Miami University Business Advisory Council.

      DEAN A. SWIFT was appointed Secretary and General Counsel of the Company
in July 2001. From 1998 to 2001, he was engaged in the private practice of law
and consulting. From 1989 to 1998 he served as Vice President, Assistant General
Counsel and Assistant Secretary of Belden & Blake Corporation, and from 1981 to
1989 he served as Assistant General Counsel and Assistant Secretary of that
company. From 1978 to 1981 he was associated with the law firm of Hahn, Loeser
and Parks in Cleveland, Ohio. Mr. Swift


                                       2
<PAGE>
received a BA degree from the University of the South and a JD degree from the
University of Virginia. He is a member of the Stark County, Ohio, Ohio State and
American Bar Associations and the Ohio Oil and Gas Association.

      CAREL W.J. KOK was elected as a Director in December 1998 and currently
serves as Chairman of the Board of Directors of the Company. Mr. Kok has been
Chief Growth Officer and a member of the NUON Executive Management Board since
July 1, 2000. Previously he was Director of Mergers & Acquisitions and Strategy
with the NUON Energy Group. Prior to that he held various positions with NUON's
International Division. From 1990 to 1995, he was with Royal Dutch Shell Group
working in a variety of downstream commercial, trading and new business
development functions in East Asia, the Middle East as well as Europe. Mr. Kok
holds various board positions with subsidiaries of the NUON Group and is a
Supervisory Board Member of the Amsterdam Power Exchange (APX). Mr. Kok holds a
B.A. from Princeton University and an M.B.A. from the Rotterdam School of
Management at Erasmus University.

      COK VAN DER HORST was appointed to the Board of Directors in October 1999.
Mr. van der Horst is currently Advisor to the Management Board of nv NUON. He
previously served as the Director, NUON East and North Holland, where he was the
Chief Financial Officer between 1993 and 1999, and was also in charge of
technical affairs, information technology, personnel and activities in the
national energy market. He has recently assumed responsibilities in the area of
regulatory affairs, mergers, acquisitions and divestments for the parent
company, nv NUON. Prior to joining NUON in January of 1993, Mr. van der Horst
was chairman of the board of PEB, the energy distribution company of the
province of Friesland (a regional government in The Netherlands). At PEB he was
responsible for financial and economic policy. Mr. van der Horst holds a
Master's degree in business administration from Erasmus University in Rotterdam.
He serves on the Audit Committee of the Board of Directors.

      JOOP G. DRECHSEL is currently CEO-elect of BCD Holdings N.V., a company
holding leading positions in the travel industry and the financial services
market in the United States and Europe. He is also a member of the Board of
Directors of ENECO Energy located in The Netherlands and holds numerous advisory
positions in both the energy and the communications industries. Previously he
served as Vice Chairman of KPN N.V., a large Dutch telecommunications company,
and also served as President of KPN International N.V. He was one of the
founders of KPN-Qwest, a joint venture between KPN and Qwest-U.S. West. Prior to
joining KPN, Mr. Drechsel worked for Royal Dutch Shell in a number of management
positions in Australia, Taiwan and the United Kingdom. He also worked for Royal
Dutch KPN as a Senior Vice President for Business Development. Mr. Drechsel
holds a Master's degree in economics from Erasmus University in Rotterdam and
has studied in the MBA program at the University of Michigan. He currently
chairs the Audit Committee of the Company's Board of Directors.

      RON L. LANGENKAMP is currently Manager of Energy and Wholesale Trading for
NUON. Mr. Langenkamp most recently served for two years as an external
consultant to Reliant Energy, Inc. and supervised all European commercial
activities in his role as Acting Chief Commercial Officer. From 1994 to 1997 Mr.
Langenkamp served in various capacities, including President, of Norstar, a
natural gas retail sales partnership between Orange and Rockland Utilities, Inc.
and Shell Oil Company. From 1977 to 1994 Mr. Langenkamp held various management
positions in the energy industry including the office of President of Cabot
Transmission Company and as President of Chippewa Gas Corporation. Mr.
Langenkamp received his B.A. degree from Sam Houston State University and a
Master's degree from the University of Texas at Austin. He serves on the
Company's Stock Option and Compensation Committee.

      RALPH L. BRADLEY was elected a Director in December 1997. Mr. Bradley is
currently President of Bradley Energy USA, which provides energy solutions for
the oil and gas industry. Prior to forming this entity, Mr. Bradley was chief
executive officer of The Eastern Group, Inc., and its predecessor, Eastern
States Exploration Company, Inc. Mr. Bradley currently chairs the Stock Option
and Compensation Committee of the Company's Board of Directors.

      GARRY REGAN participated in the organization of North Coast Energy's
predecessor in 1981, and has served as an executive officer and Director since
that time, serving as President from August 1988 through April 2001. He is
currently President of Nornew, Inc., a privately held independent exploration
and production company that he joined in 2001. Mr. Regan holds a B.S. degree
from Ohio State University and a Masters degree from Indiana University. He is a
member of the Independent Petroleum Association of America, the Ohio Oil & Gas
Association and the Independent Oil & Gas Association of New York.


                                       3
<PAGE>
                      COMMITTEES OF THE BOARD OF DIRECTORS

      The Audit Committee, of which Messrs. Bradley, Drechsel and van der Horst
are currently members, oversees the accounting functions of the Company,
including matters related to the appointment and activities of the Company's
auditors. Messrs. Bradley and Drechsel are independent, as defined under
National Association of Securities Dealers listing standards. Mr. van der Horst
is currently Advisor to the Management Board of nv NUON, parent company of NUON
International Projects bv, which owns 85.96% of the issued and outstanding
Common Stock of the Company. As an employee of an affiliate of the Company, Mr.
van der Horst is not considered to be independent. The Board of Directors of the
Company consists of seven members, with three members who are employees of nv
NUON, one member who is an officer of the Company, one member who is retained as
a consultant to the Company and two independent Directors. Mr. van der Horst has
a strong background in finance and, as an employee of the Company's largest
stockholder, he has a substantial interest in reviewing and understanding the
financial condition and performance of the Company. Mr. van der Horst has served
as a member of the Audit Committee since 1999, and the Board of Directors
believes that his continuing contribution in this position is in the best
interest of the Company and its stockholders.

      The Audit Committee met once during the year ended December 31, 2001.

      On June 7, 2000, the Audit Committee approved a formal written Audit
Committee Charter in response to changes in the listing standards of the Nasdaq
Stock Market ("NASDAQ") that had been approved by the Securities and Exchange
Commission (the "Commission") on December 14, 1999. Under the new rules
companies were given six months in which to adopt a charter for the Audit
Committee and were directed to publish the charter in a proxy statement once
every three years. The action of the Audit Committee was ratified by the Board
of Directors by unanimous written consent effective June 7, 2000, and a
certification was filed with NASDAQ on June 13, 2000. The text of the Audit
Committee Charter was attached to the proxy statement mailed to Stockholders on
September 15, 2000 in compliance with NASDAQ listing standards, and the Company
has certified to NASDAQ that it is in compliance with the Audit Committee
structure and membership requirements and is published in compliance with the
new standard. The Audit Committee Charter's adequacy will be reviewed by the
Board of Directors on at least an annual basis.

      The Stock Option and Compensation Committee, of which Messrs. Bradley,
Langenkamp and Kok are members, reviews and makes recommendations concerning the
salaries of the Company's executive officers, reviews and makes recommendations
concerning the Company's stock option plan and stock bonus plan and administers
the Company's profit sharing plan. The Stock Option and Compensation Committee
met once during the year ended December 31, 2001, and took action by unanimous
written consent on one occasion.

      The Board of Directors of the Company held three meetings during the year
ended December 31, 2001. All of the Directors attended at least 75% of the
meetings of the Board of Directors and each committee on which they serve.

                       AUDIT COMMITTEE AND RELATED MATTERS

REPORT OF THE AUDIT COMMITTEE

      The Audit Committee oversees the Company's financial reporting process on
behalf of the Board of Directors. The Audit Committee's activities are governed
by a written charter adopted by the Board of Directors.

      Management has the primary responsibility for the Company's financial
statements and the reporting process, including the systems of internal
controls. The independent auditors audit the annual financial statements
prepared by management and express an opinion on the fairness of those financial
statements and their conformity with accounting principles generally accepted in
the United States. The Audit Committee monitors these processes.


                                       4
<PAGE>
      In this context, the Audit Committee met and held discussions with
management and the independent auditors. Management represented to the Audit
Committee that the Company's financial statements were presented fairly in
accordance with accounting principles generally accepted in the United States,
and the Audit Committee reviewed and discussed the audited financial statements
with management and the independent auditors, including a discussion of the
quality, not just the acceptability, of the accounting principles, the
reasonableness of specific judgments and the clarity of disclosures in the
financial statements. The Audit Committee also discussed with the independent
auditors such other matters as are required to be discussed with the Audit
Committee under auditing standards generally accepted in the United States.

      In addition, the independent auditors provided to the Audit Committee the
written disclosures and letter required by Independence Standards Board Standard
No. 1 (Independence Discussions with Audit Committees), related to the auditors'
independence. The Audit Committee discussed with the independent auditors the
auditors' independence from the Company and its management and considered the
compatibility of non-audit services with the auditors' independence.

      The Audit Committee discussed with the Company's financial management and
independent auditors the overall scope and plans for the audit. The Audit
Committee also met with the independent auditors, with and without management
present, to discuss the results of the examinations, their evaluation of the
Company's internal controls and the overall quality of the Company's financial
reporting. In addition, the Audit Committee considered other areas of its
oversight relating to the financial reporting process that it determined
appropriate.

      Based on the reviews and discussions referred to above, the Audit
Committee recommended to the Board of Directors, and the Board of Directors
approved, that the audited financial statements be included in the Company's
Annual Report on Form 10-K for the nine month period ended December 31, 2001 for
filing with the Commission.

                               THE AUDIT COMMITTEE

                           Joop G. Drechsel, Chairman
                                Ralph L. Bradley
                                Cok van der Horst

INDEPENDENT AUDITORS

      The Board of Directors, at its annual meeting scheduled for June 13, 2002,
will consider the recommendation of the Audit Committee concerning the
re-appointment of Hausser + Taylor LLP ("Hausser") as independent auditors to
audit the financial statements of the Company for the fiscal year ending
December 31, 2002. Fees for services rendered by Hausser for the nine months
ended December 31, 2001 were:

<TABLE>
<CAPTION>
                         Financial Information Systems
      Audit Fees         Design and Implementation Fees          All Other Fees
<S>                      <C>                                     <C>
       $108,600                        $ 0                           $17,500
</TABLE>

      Hausser has a continuing relationship with American Express Tax and
Business Services, Inc. from which Hausser leases auditing staff who are
full-time, permanent employees of American Express Tax and Business Services,
Inc. and through which its partners provide non-audit services. As a result of
this arrangement, Hausser has no full-time employees, and therefore, none of the
audit services performed were provided by permanent full-time employees of
Hausser. Hausser manages and supervises the audit and audit staff and is
exclusively responsible for the opinion rendered in connection with its
examination.


                                       5
<PAGE>
ITEM 11. EXECUTIVE COMPENSATION

      The following table shows the annual and long-term compensation for the
Company's Chief Executive Officer and each of the other four most highly
compensated executive officers (the "Named Executive Officers") earning in
excess of $100,000 for services in all capacities to the Company for the periods
shown.

                           SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>
                                                                               Long Term
                                               Annual Compensation           Compensation
                                               -------------------             Number of
                                                                              Securities      All Other
                                Year                          Other Annual    Underlying    Compensation
NAME AND PRINCIPAL POSITION     (1)      Salary      Bonus    Compensation     Options          (2)
---------------------------     ---      ------      -----    ------------     -------          ---
<S>                             <C>     <C>        <C>        <C>            <C>            <C>
Omer Yonel                      2001*   $243,877   $110,000     $ 45,125        35,000         $ 1,185
   President and Chief          2001     179,233     60,000           --        30,000          21,485
   Executive Officer;           2000     109,550     20,000           --         5,000               0
    Director

Garry Regan (3)                 2001*     74,962    200,000           --             0           5,398
   Former President;            2001     188,261     50,000           --             0           9,186
    Director                    2000     178,623          0           --             0           8,183

Thomas Liberatore               2001*    114,231     40,000           --             0           4,333
    Vice President -
    Operations

Dale Stitt                      2001*    125,146     60,000           --             0               0
    Chief Financial Officer
    And Treasurer

Dean Swift                      2001*     95,973     25,000           --             0               0
    General Counsel
    And Secretary
</TABLE>

      No Named Executive Officer received personal benefits or perquisites
during 2001 in excess of the lesser of $50,000 or 10% of his aggregate salary
and bonus.

(1)   2001* indicates the transition year ended December 31, 2001, and amounts
      reported reflect compensation received in the 12-month period ending
      December 31, 2001. 2001 and 2000 represents the fiscal years ended March
      31, 2001 and March 31, 2000, respectively.

(2)   The items in the following table represent All Other Compensation received
      by Named Executive Officers and includes life insurance and other benefits
      under contractual agreements and amounts approved by the Board of
      Directors:

<TABLE>
<CAPTION>
                                                          Profit
                                                        Sharing &
      Name                   Year     Life Insurance      401(k)     Stock Award     Total
      ----                   ----     --------------      ------     -----------     -----
<S>                          <C>      <C>               <C>          <C>            <C>
      Omer Yonel             2001*        $    0          $    0       $     0      $ 1,185
                             2001          1,185               0        20,300       21,485
      Garry Regan            2001*             0           5,398             0        5,398
                             2001          1,850           7,336             0        9,186
                             2000          1,850           6,333             0        8,183
      Thomas Liberatore      2001*             0           4,334             0        4,334
</TABLE>

(3)   Garry Regan's employment agreement with the Company expired on May 3, 2001
      and was not renewed. Mr. Regan's current term as a Director will expire on
      June 14, 2002 at the beginning of the Meeting. Mr. Regan has been
      nominated to a three-year term ending in 2005.


                                       6
<PAGE>
                     OPTIONS/SAR GRANTS IN LAST FISCAL YEAR

      The following table summarizes options granted to Named Executive Officers
in the transition year ended December 31, 2001 (designated as 2001*) and during
fiscal year 2001.

<TABLE>
<CAPTION>
                                                      Individual Grants
                                                      -----------------
                                                   Percent of                                Potential realizable value
                                    Number of        total                                   at assumed annual rates of
                                   securities     option/SARs                                 stock price appreciation
                                   underlying      granted to      Exercise                       for option term
                                   option/SARs    employees in    price per    Expiration    ----------------------------
Name                     Year        granted      fiscal year       share         date           5% (1)        10% (1)
----                     ----        -------      -----------       -----         ----           ------        -------
<S>                      <C>       <C>            <C>             <C>          <C>              <C>           <C>
Omer Yonel               2001*        35,000           58.3%        $3.70       9-20-2011       $81,550       $206,500
   President and         2001         30,000            100%         3.47       10-5-2010        65,460        165,900
   Chief Executive
   Officer;
   Director
</TABLE>

(1)   The potential realizable value of the options, if any, granted in the nine
      months ended December 31, 2001 and in fiscal year 2001 to the Named
      Executive Officers was calculated by multiplying those options by the
      excess of (a) the assumed market value, as of September 20, 2011 and
      October 5, 2010, of Common Stock if the market value of Common Stock were
      to increase 5% or 10% in each year of the option's 10-year term, over (b)
      the exercise price shown. This calculation does not take into account any
      taxes or other expenses that might be owed. The assumed market value at a
      5% assumed annual appreciation rate over the 10 - year term is $6.03 and
      $5.65 and such value at a 10% assumed annual appreciation rate over that
      term is $9.60 and $9.00 for 2001* and fiscal year 2001, respectively. The
      5% and 10% assumed appreciation rates are set forth in the Commission
      rules and no representation is made that the Common Stock will appreciate
      at these rates or at all.

                 AGGREGATED OPTION EXERCISES IN LAST FISCAL YEAR
                           AND FISCAL YEAR-END VALUES

      The following table summarizes options exercised during the year ended
December 31, 2001 and presents the value of unexercised options held by the
Named Executive Officers at December 31, 2001:

<TABLE>
<CAPTION>
                                                                                                   Value of Unexercised
                                                          Number of Securities Underlying        In-the-Money Options at
                                                          Unexercised Options at Year-End           March 31, 2002 (1)
                        Shares Acquired       Value       -------------------------------      ----------------------------
NAME                      on Exercise       Realized      Exercisable      Unexercisable       Exercisable    Unexercisable
----                      -----------       --------      -----------      -------------       -----------    -------------
<S>                     <C>                 <C>           <C>              <C>                 <C>            <C>
Omer Yonel
   President &
   CEO; Director               0               $0           70,000               0               $12,300           $0
</TABLE>

(1)   Based upon the closing price of a share of Common Stock as reported on
      NASDAQ on March 27, 2002.

      Employment Contracts. Consulting Agreement with Garry Regan. In December
2000, the Company, NUON and Mr. Regan entered into an agreement (the "Consulting
Agreement") pursuant to which Mr. Regan agreed to provide certain consulting
services to the Company for a period of eighteen months following May 2, 2001,
the expiration date of Mr. Regan's employment agreement with the Company. The
Consulting Agreement provides that, during the term of the Consulting Agreement,
Mr. Regan will receive monthly payments of $6,000, and that all reasonable
business expenses incurred by Mr. Regan in the performance of his services under
the Consulting Agreement will be reimbursed by the Company. Mr.


                                       7
<PAGE>
Regan also agreed to certain nondisclosure, noncompetition and noninterference
provisions, and each of the parties to the Consulting Agreement agreed to a
mutual release and covenant not to sue.

      Directors Fees. During fiscal 1998, the Board of Directors granted options
to purchase 20,000 shares of Common Stock at $4.375 per share to Ralph L.
Bradley. Mr. Bradley's options are fully vested.

      On October 5, 2000, the Board of Directors granted to Mr. Bradley
additional options to purchase 30,000 shares of Common Stock at $3.99 per share.
One-third of the options granted to Mr. Bradley vested immediately, one-third of
the options vested on April 1, 2002, and the balance of the options will vest on
April 1, 2003.

      On January 31, 2002, the Board of Directors granted options to purchase
30,000 shares of Common Stock at $3.36 per share to Mr. Drechsel. One-third of
the options granted to Mr. Drechsel vested immediately, one third of the options
will vest on January 31, 2003, and the balance of the options will vest on
January 31, 2004.

      On January 31, 2002, the Board of Directors also voted to pay independent
Directors an annual retainer of $8,500 to be paid semi-annually.

ITEM 12. SHARE OWNERSHIP OF PRINCIPAL HOLDERS AND MANAGEMENT

      The following table shows information with respect to the Common Stock and
Series A Preferred Stock (the "Preferred Stock") owned on March 31, 2002 by: (i)
each person known by the Company to own beneficially more than 5% of the Common
Stock and Preferred Stock at such date; (ii) each Director of the Company; (iii)
each of the current executive officers listed in the Summary Compensation Table
included elsewhere in this Proxy Statement; and (iv) all Directors and executive
officers as a group, and the percentage of the outstanding shares represented
thereby.

<TABLE>
<CAPTION>
                                  Common Stock
                                  ------------
           Name and Address (1)                  Amount and Nature of           Percent
           of Beneficial Owner                   Beneficial Ownership          of Class
           -------------------                   --------------------          --------
<S>                                              <C>                           <C>
NUON International Projects bv                    13,048,277 Shares              85.96%
Omer Yonel                                           109,050 Shares (2)              *%
Carel W. J. Kok                                            0 Shares                  *%
Cok van der Horst                                          0 Shares                  *%
Ron L. Langenkamp                                          0 Shares                  *%
Ralph L. Bradley                                      30,000 Shares (3)              *%
Joop G. Drechsel                                      10,000 Shares (4)              *%
Garry Regan                                          150,860 Shares                  *%
Dale E. Stitt                                         11,850 Shares (5)              *%
Dean A. Swift                                          2,950 Shares (6)              *%
All Directors and executive officers as a            314,710 Shares (7)           2.07%
  group (9 persons)
</TABLE>

      *Less than one percent

(1)   The address of NUON International Projects bv is Spaklerweg 20, 1096 BA
      Amsterdam, The Netherlands.

(2)   Includes 104,050 shares of Common Stock that Mr. Yonel could acquire upon
      the exercise of immediately exercisable stock options that he holds.

(3)   Includes 30,000 shares of Common Stock that Mr. Bradley could acquire upon
      the exercise of immediately exercisable stock options that he holds
      pursuant to grants covering 20,000 shares on April 1, 1998, all of which
      are exercisable, and 30,000


                                       8
<PAGE>
      shares on October 5, 2000, of which, options for 10,000 shares were
      exercisable immediately upon grant. A second tranche of the options
      granted on October 5, 2000 for 10,000 shares vested on April 1, 2002, and
      a third tranche for 10,000 shares will vest on April 1, 2003.

(4)   Includes 10,000 shares of Common Stock that Mr. Drechsel could acquire
      upon the exercise of stock options that he holds pursuant to grants
      covering 30,000 shares on January 31, 2002, of which, options for 10,000
      shares were exercisable immediately upon grant. A second and third tranche
      of the options granted on January 31, 2002 covering 10,000 shares for each
      tranche will vest on January 31, 2003 and January 31, 2004, respectively.

(5)   Includes 11,350 shares of Common Stock that Mr. Stitt could acquire upon
      the exercise of stock options that he holds pursuant to grants covering
      34,050 shares on March 28, 2002, of which, options for 11,350 shares were
      exercisable immediately upon grant. A second and third tranche of the
      options granted on March 28, 2002 covering 11,350 shares for each tranche
      will vest on March 28, 2003 and March 28, 2004, respectively.

(6)   Includes 2,950 shares of Common Stock that Mr. Swift could acquire upon
      the exercise of stock options that he holds pursuant to grants covering
      8,850 shares on March 28, 2002, of which, options for 2,950 shares were
      exercisable immediately upon grant. A second and third tranche of the
      options granted on March 28, 2002 covering 2,950 shares for each tranche
      will vest on March 28, 2003 and March 28, 2004, respectively.

(7)   Includes 158,350 shares of Common Stock that may be acquired by all
      Directors and executive officers as a group upon the exercise of
      immediately exercisable stock options.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

      North Coast believes that the terms of the following transactions were as
favorable to North Coast as could have been obtained from unaffiliated third
parties. All future transactions between North Coast and its affiliates will be
on terms no less favorable to North Coast than those that could be obtained from
unaffiliated parties and all loans to Company officers, affiliates and
stockholders, if any, will be approved by a majority of disinterested Directors.

      North Coast currently manages 3 Drilling Programs, and each Drilling
Program has been conducted as a separate limited partnership with North Coast
serving as managing general partner of each. North Coast contributes the drill
sites to each Drilling Program and agrees to contribute all tangible equipment
necessary to drill, complete and produce each well, as well as organizational
and syndication costs of each Drilling Program. Drilling Programs raised $3.5
million during 2001, $6.5 million during fiscal 2000 and $5.2 million during
fiscal 1999.

      Accounts receivable from affiliates consist primarily of receivables from
the partnerships managed by North Coast and are for administrative fees charged
to the partnerships and to reimburse North Coast for amounts paid on behalf of
the partnerships. A substantial portion of North Coast's revenues, other than
oil and gas production revenue, are generated from or as a result of the
organization and management of oil and gas partnerships sponsored by North
Coast. During the year ended march 31, 2001 and the nine months ended December
31, 2001, North Coast acquired limited partnership interests in oil and gas
drilling programs that it had sponsored at a cost of approximately $1,500,000.

      Pursuant to the terms of a stock purchase agreement by and between North
Coast and NUON dated August 1, 1997, North Coast agreed to sell up to 1,149,426
share of Common Stock each year over a three-year period. NUON purchased
1,149,426 shares of North Coast Common Stock on September 4, 1997, another
1,149,426 shares on September 30, 1998 and 1,042,125 shares on September 30,
1999. All shares were purchased at a price of $4.375 per share. In March 2001,
NUON loaned North Coast $72.5 million to finance the acquisition of North Coast
Energy Eastern, Inc. (formerly Peake Energy). Subsequently, $38.5 million was
repaid and $24 million was converted to common stock at $2.50 per share. NUON
presently owns approximately 86% of North Coast's outstanding common stock.


                                       9
<PAGE>
      Effective March 14, 2000, the Stock Option and Compensation Committee,
pursuant to authority delegated to it by the Board of Directors, unanimously
approved the grant by the Company of a $96,000 loan to Mr. Omer Yonel, the Chief
Executive Officer, to facilitate the down payment on the purchase of a home in
the vicinity of the Company's headquarters and for related expenses. The loan
will mature and the principal and interest thereon, compounded monthly at the
Federal Fund's rate of 6.5% per annum, will be due in the form of a balloon
payment payable on the earlier of (i) May 1, 2004 (the fifth anniversary of Mr.
Yonel's employment with the Company), or (ii) one year after his employment with
the Company ceases.


                                       10
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this Report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                            NORTH COAST ENERGY, INC.


        By /s/ Omer Yonel                  President and Chief Executive Officer
----------------------------------
            Omer Yonel

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report
has been signed below by the following persons on behalf of the Registrant and
in the capacities and on the dates indicated.

<TABLE>
<CAPTION>
            SIGNATURE                                        TITLE                                     DATE
            ---------                                        -----                                     ----
<S>                                       <C>                                                     <C>
                                               President, Chief Executive Officer                 April 30, 2002
         /s/ Omer Yonel                    and Director (principal executive officer)
----------------------------------
           Omer Yonel

                                             Chief Financial Officer and Secretary                April 30, 2002
        /s/ Dale E. Stitt                 (principal accounting and financial officer)
----------------------------------
          Dale E. Stitt

                                               Chairman of the Board and Director                 April 30, 2002
----------------------------------
         Carel W. J. Kok

                                                            Director                              April 30, 2002
----------------------------------
        Cok van der Horst

                                                            Director                              April 30, 2002
----------------------------------
        Ron L. Langenkamp

                                                            Director                              April 30, 2002
----------------------------------
        Ralph L. Bradley

                                                            Director                              April 30, 2002
----------------------------------
        Joop G. Drechsel

                                                            Director                              April 30, 2002
----------------------------------
           Garry Regan
</TABLE>


                                       11