-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IpIFD0GYxiGa4P8hBlZAGN6I7w9oHJIfvVcHpNc15qwsuED/UwWHLXPOS5UQnOJT dvool4RcF8rtzZ1ee9LLtg== 0000950134-97-008538.txt : 19971117 0000950134-97-008538.hdr.sgml : 19971117 ACCESSION NUMBER: 0000950134-97-008538 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971114 SROS: NONE GROUP MEMBERS: CHANEY R & PARTNERS III LP GROUP MEMBERS: R CHANEY & PARTNERS INC GROUP MEMBERS: ROBERT H CHANEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BRIGHAM EXPLORATION CO CENTRAL INDEX KEY: 0001034755 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752692967 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51001 FILM NUMBER: 97718723 BUSINESS ADDRESS: STREET 1: 5949 SHERRY LN, STE 1616 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 2143609182 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHANEY R & PARTNERS III LP CENTRAL INDEX KEY: 0001036061 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 909 FANNIN STE 1275 STREET 2: TWO HOUSTON CENTER CITY: HOUSTON STATE: TX ZIP: 77010-1006 BUSINESS PHONE: 7137531315 SC 13D/A 1 AMENDMENT TO SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* BRIGHAM EXPLORATION COMPANY (NAME OF ISSUER) COMMON STOCK, $.01 PAR VALUE PER SHARE (TITLE OF CLASS OF SECURITIES) 109178-10-3 (CUSIP NUMBER) ROBERT H. CHANEY R. CHANEY & PARTNERS III L.P. 909 FANNIN, SUITE 1275 TWO HOUSTON CENTER HOUSTON, TEXAS 77010-1006 (713) 753-1315 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) NOVEMBER 6, 1997 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ] NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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). 2 SCHEDULE 13D CUSIP NO. 109178-10-3 PAGE 2 OF 8 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON R. CHANEY & PARTNERS III L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 (see Item 3) - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION R. CHANEY & PARTNERS III L.P. IS A LIMITED PARTNERSHIP FORMED UNDER THE LAWS OF THE STATE OF DELAWARE. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 611,500(1) OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 611,500(1) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 611,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.99%(2) - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- - -------------------- 1 Voting and dispositive power is shared among the Partnership, the General Partner, and the Sole Shareholder (defined in Item 2). 2 Based up on 12,253,574 shares of Common Stock as reported in Issuer's Form 10-Q for the quarter ended June 30, 1997. *SEE INSTRUCTION BEFORE FILLING OUT! INCLUDED BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND SIGNATURE ATTESTATION. 3 SCHEDULE 13D CUSIP NO. 109178-10-3 PAGE 3 OF 8 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON R. CHANEY & PARTNERS, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 (see Item 3) - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION R. CHANEY & PARTNERS, INC. IS A CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 611,500(1) OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 611,500(1) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 611,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.99%(2) - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- - ------------------------- 1 Voting and dispositive power is shared among the Partnership, the General Partner, and the Sole Shareholder (defined in Item 2). 2 Based on 12,253,574 shares of Common Stock as reported in Issuer's Form 10-Q for the quarter ended June 30, 1997. *SEE INSTRUCTION BEFORE FILLING OUT! INCLUDED BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND SIGNATURE ATTESTATION. 4 SCHEDULE 13D CUSIP NO. 109178-10-3 PAGE 4 OF 8 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ROBERT H. CHANEY - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 (see Item 3) - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ROBERT H. CHANEY IS A CITIZEN OF THE UNITED STATES. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 611,500(1) OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 611,500(1) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 611,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.99%(2) - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- - ------------------------- 1 Voting and dispositive power is shared among the Partnership, the General Partner, and the Sole Shareholder (defined in Item 2). 2 Based on 12,253,574 shares of Common Stock as reported in Issuer's Form 10-Q for the quarter ended June 30, 1997. *SEE INSTRUCTION BEFORE FILLING OUT! INCLUDED BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND SIGNATURE ATTESTATION. 5 The Schedule 13D filed by R. Chaney & Partners III L.P. (the "Partnership"), R. Chaney and Partners, Inc. (the "General Partner") and Robert H. Chaney (the "Sole Shareholder") with the Securities and Exchange Commission on May 27, 1997, is hereby amended as follows: ITEM 1. SECURITY AND ISSUER No modification. ITEM 2. IDENTITY AND BACKGROUND No. modification. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION No modification. ITEM 4. PURPOSE OF TRANSACTION No modification. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5(a) The Partnership. The Partnership beneficially owns 611,500 shares of Common Stock. The Partnership is deemed to beneficially own 611,500 shares out of the 12,253,574 shares, or 4.99 percent, of the issued and outstanding shares of Common Stock (based upon the 12,253,574 shares of Common Stock reported as outstanding in the Issuer's Form 10-Q for the quarter ended June 30, 1997). The General Partner. The General Partner as the sole general partner of the Partnership may be deemed to be the beneficial owner of all 611,500 shares of Common Stock beneficially owned by the Partnership that constitute approximately 4.99 percent of the issued and outstanding shares of Common Stock (based upon the 12,253,574 shares of Common Stock reported as outstanding in the Issuer's Form 10-Q for the quarter ended June 30, 1997). Sole Shareholder. The Sole Shareholder of the General Partner of the Partnership may be deemed to be the beneficial owner of all 611,500 shares of Common Stock beneficially owned by the Partnership that constitute approximately 4.99 percent of the issued and outstanding shares of Common Stock (based upon the 12,253,574 shares of Common Stock reported as outstanding in the Issuer's Form 10-Q for the quarter ended June 30, 1997). Executive Officers and Director of the General Partner. Except as otherwise described herein, none of the executive officers or director own any of the Issuer's Common Stock. Page 5 of 8 6 Item 5(b) The Partnership, the General Partner and the Sole Shareholder share voting and dispositive power of these 611,500 shares. Item 5(c) The Partnership effected the following sales of Common Stock in open market transactions on the Nasdaq National Market:
- ------------------------------------------------------------------------ Date Number of Shares Price Per Share - ------------------------------------------------------------------------ 10/09/97 35,000 $14.11 - ------------------------------------------------------------------------ 10/10/97 5,000 14.25 - ------------------------------------------------------------------------ 10/15/97 30,000 14.40 - ------------------------------------------------------------------------ 10/16/97 5,000 14.63 - ------------------------------------------------------------------------ 10/20/97 5,000 14.78 - ------------------------------------------------------------------------ 10/21/97 24,000 15.19 - ------------------------------------------------------------------------ 10/22/97 5,000 16.63 - ------------------------------------------------------------------------ 10/23/97 2,500 16.50 - ------------------------------------------------------------------------ 11/03/97 7,000 16.45 - ------------------------------------------------------------------------ 11/03/97 2,500 16.50 - ------------------------------------------------------------------------ 11/05/97 12,500 16.20 - ------------------------------------------------------------------------ 11/06/97 100,000 16.13 - ------------------------------------------------------------------------ 11/07/97 10,000 16.25 - ------------------------------------------------------------------------ 11/10/97 5,000 16.25 - ------------------------------------------------------------------------ 11/11/97 10,000 16.00 - ------------------------------------------------------------------------ 11/12/97 30,000 16.00 - ------------------------------------------------------------------------ 288,500 - ------------------------------------------------------------------------
Page 6 of 8 7 Item 5(d) No person other than the Partnership, the General Partner, or the Sole Shareholder has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Common Stock of the Issuer with respect to which this filing is made. Item 5(e) The Partnership, the General Partner and the Sole Shareholders ceased to be beneficial owner of more than five percent of the Common Stock of the Issuer on November 12, 1997. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER No modification. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS No modification. Page 7 of 8 8 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 14, 1997 R. CHANEY & PARTNERS III L.P. By: R. CHANEY & PARTNERS, INC., General Partner By: /s/ Robert H. Chaney -------------------------------------- Robert H. Chaney, President and Chief Executive Officer R. CHANEY & PARTNERS, INC. By: /s/ Robert H. Chaney ------------------------------------------- Robert H. Chaney, President and Chief Executive Officer /s/ Robert H. Chaney ------------------------------------------------- Robert H. Chaney, Sole Shareholder of R. Chaney & Partners, Inc. Page 8 of 8 9 INDEX TO EXHIBITS
Exhibit No. Description ----------- ----------- 10.1 Joint Reporting Agreement dated as of May 21, 1997 by and among R. Chaney Partners III L.P., R. Chaney & Partners, Inc., and Robert H. Chaney (incorporated by reference to Schedule 13D filed by the reporting persons on May 27, 1997).
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