-----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, AIAIT4fkLMnmIHQ5GHnxlt9nN9IA3NDoSR5x2sOVc2YKSdxm8lpWkvnY5EaYRjfq r6z2ob8OdFMbLH2Wwle0IA== 0001104659-08-004471.txt : 20080125 0001104659-08-004471.hdr.sgml : 20080125 20080125061427 ACCESSION NUMBER: 0001104659-08-004471 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080125 DATE AS OF CHANGE: 20080125 GROUP MEMBERS: SOFAER CAPITAL ASIAN HEDGE FUND GROUP MEMBERS: SOFAER CAPITAL INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FAR EAST ENERGY CORP CENTRAL INDEX KEY: 0001124024 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 880459590 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78318 FILM NUMBER: 08549219 BUSINESS ADDRESS: STREET 1: 363 NORTH SAM HOUSTON PKWY STREET 2: SUITE 380 CITY: HOUSTON STATE: TX ZIP: 77060 BUSINESS PHONE: 832-598-0470 MAIL ADDRESS: STREET 1: 363 NORTH SAM HOUSTON PKWY STREET 2: SUITE 380 CITY: HOUSTON STATE: TX ZIP: 77060 FORMER COMPANY: FORMER CONFORMED NAME: EZFOODSTOP COM DATE OF NAME CHANGE: 20010306 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sofaer Capital Global Hedge Fund CENTRAL INDEX KEY: 0001314125 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9 UPPER BELGRAVE STREET CITY: LONDON STATE: X0 ZIP: SW1X 8BD BUSINESS PHONE: 011 44 20 7259 4456 MAIL ADDRESS: STREET 1: 9 UPPER BELGRAVE STREET CITY: LONDON STATE: X0 ZIP: SW1X 8BD FORMER COMPANY: FORMER CONFORMED NAME: Sofaer Capital Global Fund DATE OF NAME CHANGE: 20050111 SC 13D/A 1 a08-3631_2sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE
COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D/A

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FIELD PURSUANT TO
RULES 13d-1(a) AND AMENDMENTS THERETO FIELD PURSUANT TO 13d-2(a)

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

Far East Energy Corporation

(Name of Issuer)

 

Common Stock, $.001 par value

(Title of Class of Securities)

 

307325100

(CUSIP Number)

 

Tim Whyte

Sofaer Global Research (UK) Ltd.

9 Upper Belgrave Street

London SW1X 8BD

United Kingdom

+44-20-7259-4400

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

December 3, 2007

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. x

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §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).

 



 

CUSIP No.   307325100

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sofaer Capital Asian Hedge Fund

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

 

8.

Shared Voting Power
3,306,254

 

9.

Sole Dispositive Power

 

10.

Shared Dispositive Power
3,306,254

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,306,254

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.4% (based on 136,568,002 shares of Common Stock outstanding on October 31, 2007, as reported in the Issuer’s most recent Form 10-Q and filed with the SEC on November 7, 2007)

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

2



 

CUSIP No.   307325100

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sofaer Capital Global Hedge Fund

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

 

8.

Shared Voting Power
3,306,254

 

9.

Sole Dispositive Power

 

10.

Shared Dispositive Power
3,306,254

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,306,254

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.4% (based on 136,568,002 shares of Common Stock outstanding on October 31, 2007, as reported in the Issuer’s most recent Form 10-Q and filed with the SEC on November 7, 2007)

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

3



 

CUSIP No.   307325100

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sofaer Capital Inc.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

 

8.

Shared Voting Power
3,306,254

 

9.

Sole Dispositive Power

 

10.

Shared Dispositive Power
3,306,254

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,306,254

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.4% (based on 136,568,002 shares of Common Stock outstanding on October 31, 2007, as reported in the Issuer’s most recent Form 10-Q and filed with the SEC on November 7, 2007)

 

 

14.

Type of Reporting Person (See Instructions)
CO

 

4



 

SCHEDULE 13D/A

 

This Amendment (“Amendment”) amends and supplements the amended Statement on Schedule 13D/A filed on January 11, 2007 (as amended, the “Schedule 13D/A”) by Sofaer Capital Inc. (“Sofaer”), Sofaer Capital Asian Hedge Fund (“Sofaer Asia”), Sofaer Capital Global Hedge Fund (“Sofaer Global” and together with Sofaer and Sofaer Asia, the “Reporting Parties”), Restructuring Investors Limited, a British Virgin Islands limited company, Persistency, a Cayman Islands limited company, and Passlake Limited, a Cayman Islands limited company, with respect to the common stock, par value $0.001 per share (the “Common Stock”), of Far East Energy Corporation, a Nevada corporation (the “Company”).  The Reporting Persons are filing this Amendment to update certain information with respect to their voting power and any deemed beneficial ownership reported in the Schedule 13D/A.  Unless otherwise stated, the information set forth in the Schedule 13D/A remains accurate in all respects.

 

Item 1.

Security and Issuer

 

No material change.

 

 

Item 2.

Identity and Background

 

No material change.

 

 

Item 3.

Source and Amount of Funds or Other Consideration

 

No material change.

 

 

Item 4.

Purpose of Transaction

 

No material change.

 

 

Item 5.

Interest in Securities of the Issuer

Section 5(a) is hereby amended and restated in its entirety and replaced by the following:

A.

The responses set forth on each of the cover pages with respect to the Reporting Persons are hereby incorporated by reference herein.

According to the Company’s Form 10-Q filed on November 7, 2007, there were 136,568,002 shares of Common Stock outstanding as of October 31, 2007. 

Due to the relationship of Sofaer with Sofaer Capital Natural Resources Hedge Fund, a Cayman Islands mutual trust (“Sofaer Resources”), the Reporting Parties may be deemed to have beneficial ownership of the shares of Common Stock held by Sofaer Resources.  Sofaer Resources has now disposed of all of its shares of Common Stock.  Therefore, the Reporting Parties may be deemed to have beneficial ownership of 3,306,254 shares of Common Stock, or approximately 2.4% of the outstanding Common Stock.

Each of the parties described herein disclaims beneficial ownership of the shares held by any other party.

Section 5(b) is hereby amended and restated in its entirety and replaced by the following:

 

5



 

B.

The Reporting Parties together with Sofaer Resources may be deemed to have shared dispositive and voting power over 3,306,254 shares of Common Stock. 

Section 5(c) is hereby amended and restated in its entirety and replaced by the following:

C.

Neither the Reporting Persons nor any of the persons named in paragraph (A) have effected any transactions in the Common Stock during the past sixty (60) days, except as listed below: 

Sofaer Asia sold 91,000 shares of Common Stock on December 6, 2007, in the open market for a price of $1.05 per share. 

Sofaer Global sold 178,000 shares of Common Stock on December 6, 2007, in the open market for a price of $1.05 per share. 

Sofaer Global bought 33,725 shares of Common Stock on January 4, 2008, in the open market for a price of $0.99 per share. 

Sofaer Global bought 150,000 shares of Common Stock on January 4, 2008, in the open market for a price of $1.01 per share. 

Sofaer Global sold 75,000 shares of Common Stock on January 7, 2008, in the open market for a price of $0.93 per share. 

Sofaer Resources sold 185,300 shares of Common Stock on November 28, 2007, in the open market for a price of $1.07 per share. 

Sofaer Resources sold 165,000 shares of Common Stock on November 29, 2007, in the open market for a price of $1.03 per share. 

Sofaer Resources sold 100,000 shares of Common Stock on November 30, 2007, in the open market for a price of $0.93 per share. 

Sofaer Resources sold 61,700 shares of Common Stock on December 4, 2007, in the open market for a price of $1.05 per share. 

Sofaer Resources sold 100,000 shares of Common Stock on December 5, 2007, in the open market for a price of $1.10 per share. 

Sofaer Resources sold 350,000 shares of Common Stock on December 5, 2007, in the open market for a price of $1.05 per share. 

Sofaer Resources sold 100,000 shares of Common Stock on December 6, 2007, in the open market for a price of $1.00 per share. 

Sofaer Resources sold 16,000 shares of Common Stock on December 6, 2007, in the open market for a price of $1.06 per share. 

Sofaer Resources bought 75,000 shares of Common Stock on December 10, 2007, in the open market for a price of $1.06 per share. 

Sofaer Resources bought 250,000 shares of Common Stock on December 26, 2007, in the open market for a price of $1.05 per share. 

 

6



 

 

Sofaer Resources sold 300,000 shares of Common Stock on December 27, 2007, in the open market for a price of $0.95 per share. 

Sofaer Resources sold 169,200 shares of Common Stock on December 31, 2007, in the open market for a price of $0.95 per share. 

Sofaer Resources bought 18,775 shares of Common Stock on January 2008, 2008, in the open market for a price of $0.99 per share. 

D.

Not applicable.

Section 5(e) is hereby amended and restated in its entirety and replaced by the following:

E.

Reporting Persons ceased to be the beneficial owner of more than five percent of the Company’s Common Stock on October 3, 2007.  Therefore, this constitutes an exit filing for each of the Reporting Persons and such parties will no longer file any amendments to this Statement.

 

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

No material change.

 

 

Item 7.

Material to Be Filed as Exhibits

 

No material change.

 

7



 

SIGNATURE

 

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

 

January 23, 2008

 

 

 

SOFAER CAPITAL GLOBAL HEDGE FUND

 

 

 

 

 

By:

/s/ Tim Whyte

 

 

 

Name:

Tim Whyte

 

 

 

Title:

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

SOFAER CAPITAL ASIAN HEDGE FUND

 

 

 

 

 

By:

/s/ Tim Whyte

 

 

 

Name:

Tim Whyte

 

 

 

Title:

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

SOFAER CAPITAL INC.

 

 

 

 

 

By:

/s/ Tim Whyte

 

 

 

Name:

Tim Whyte

 

 

 

Title:

Attorney-in-Fact

 

 

8


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