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

                                 SCHEDULE 13D/A
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 3 )*

                                    EXX INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                 Common Stock Par Value, $.01 Per Share, Class B
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    269283308
                                 (CUSIP Number)

                               William Henry Allen
                                  P.O. Box 113
                           Washington, Illinois 61571
                                 (309) 444-2620
- --------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                       Receive Notices and Communications)

                               September 25, 2002
- --------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13 G 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 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).

<PAGE>


CUSIP No.    269283308
         ----------------------------

- --------------------------------------------------------------------------------
1.       Name of Reporting Persons.
         I.R.S. Identification Nos. of above persons (entities only).

                  William Henry Allen
- --------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group (See Instructions)

         (a)     N/A

         (b)
- --------------------------------------------------------------------------------
3.       SEC Use Only

- --------------------------------------------------------------------------------
4.       Source of Funds (See Instructions)     N/A

- --------------------------------------------------------------------------------
5.       Check if Disclosure of Legal Proceedings Is Required Pursuant to
         Items 2(d) or 2(e)     N/A

- --------------------------------------------------------------------------------
6.       Citizenship or Place of Organization    US Citizen

- --------------------------------------------------------------------------------
Number of         7.     Sole Voting Power         35,100
Shares Bene-
ficially          8.     Shared Voting Power       -0-
Owned by Each
Reporting         9.     Sole Dispositive Power    35,100
Person With
                  10.    Shared Dispositive Power  -0-
- --------------------------------------------------------------------------------
11.      Aggregate Amount Beneficially Owned by Each Reporting Person

                                35,100
- --------------------------------------------------------------------------------
12.      Check if the Aggregate Amount in Row (11) Excludes Certain Shares
         (See Instructions)     N/A

- --------------------------------------------------------------------------------
13.      Percent of Class Represented by Amount in Row (11)    5.7%

- --------------------------------------------------------------------------------
14.      Type of Reporting Person (See Instructions)

                                 IN
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------


                                       1
<PAGE>


ITEM 1. SECURITY AND ISSUER

This Statement relates to the common stock, Class B $.01 par value per share
(the "Shares") of EXX Inc., a Nevada corporation (the "Company"). The address of
the principal executive office of the Company is 1350 East Flamingo Road, Suite
689, Las Vegas, Nevada.

ITEM 2. IDENTITY AND BACKGROUND

(a)      The name of the reporting person is William Henry Allen.

(b)      Mr. Allen resides at 1911 Canterbury Court, Apt. F, Washington,
         Illinois 61571.

(c)      Mr. Allen's principal occupation is timber broker, Allen Timber
         Products Co., 1911 Canterbury Court, Apt. F, Washington, Illinois
         61571.

(d)      During the last five years, Mr. Allen has not been convicted in a
         criminal proceeding (excluding traffic violations or similar
         violations).

(e)      During the last five years, Mr. Allen has not been a party to a civil
         proceeding of a judicial or administrative body of competent
         jurisdiction.

(f)      Mr. Allen is a United States citizen.

ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION

The disposition of 5,000 Shares required this filing.

ITEM 4. PURPOSE OF THE TRANSACTION

(a)      Mr. Allen has sold Shares for the purpose of cashing out a portion of
         his investment in the Company. Mr. Allen, dependent upon the condition
         of the market and valuation of the shares of the corporation, may
         increase or decrease his position in this stock. Mr. Allen has no
         intention of engaging in any conduct which would:

(b)      Constitute an extraordinary corporate transaction, such as a merger,
         reorganization or liquidation, involving the issuer or any of its
         subsidiaries;

(c)      Cause a sale or transfer of a material amount of assets of the issuer
         or any of its subsidiaries;

(d)      Cause any change in the present board of directors or management of the
         issuer, including any plans or proposals to change the number or term
         of directors or to fill any existing vacancies on the board;


                                       2
<PAGE>


(e)      Constitute a material change in the present capitalization or dividend
         policy of the issuer;

(f)      Constitute any material change in the issuer's business or corporate
         structure including but not limited to, if the issuer is a registered
         closed-end investment company, any plans or proposals to make any
         changes in its investment policy for which a vote is required by
         Section 13 of the Investment Company Act of 1940;

(g)      Create any change in the issuer's charter, bylaws or instruments
         corresponding thereto or other actions which may impede the acquisition
         of control of the issuer by any person;

(h)      Or cause a class of securities of the issuer to be delisted from a
         national securities exchange or to cease to be authorized to be quoted
         in an inter-dealer quotation system of a registered national securities
         association;

(i)      Cause a class of equity securities of the issuer to become eligible for
         termination of registration pursuant to Section 12(g)(4) of the Act; or

(j)      Take any action similar to any of those enumerated above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

(a)      Mr. Allen beneficially owns 35,100 Shares or approximately 5.7%.

(b)      Mr. Allen has both the sole power to vote or direct to vote and to
         dispose or direct to dispose of the 35,100 Shares.

(c)      Mr. Allen has made the following open market sales of Shares within the
         past 60 days:

       Date                         # of Shares               Price Per Share
       ----                         -----------               ---------------

September 25, 2002                     5,000                        $0.80

All transactions were completed by Raymond James Financial Services.

(d)      Not applicable.

(e)      Not applicable.


                                       3
<PAGE>


ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER

Not applicable.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

None.

                                    SIGNATURE

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



Date:     October 24, 2002              /s/ William Henry Allen
     --------------------------         ----------------------------------------
                                                Signature



                                            William Henry Allen
                                        ----------------------------------------
                                                Name/Title


                                       4

