SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
SC Fundamental Value Fund, L.P.

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2005
3. Issuer Name and Ticker or Trading Symbol
TENGASCO INC [ TGC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,799,540 D(1)(2)
Common Stock 2,274,160 D(1)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
SC Fundamental Value Fund, L.P.

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
SC FUNDAMENTAL LLC

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
SC Fundamental Value BVI, Ltd.

(Last) (First) (Middle)
C/O CITCO FUND SERVICES (CAYMAN ISLANDS)
CORPORATE CENTER, WEST BAY ROAD

(Street)
GRAND CAYMAN E9 N-A

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
SC Fundamental BVI, Inc.

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
SC BVI PARTNERS

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
PMC-BVI, Inc.

(Last) (First) (Middle)
747 THIRD AVENUE
27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
COLLERY PETER M

(Last) (First) (Middle)
C/O SC FUNDAMENTAL LLC
747 THIRD AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
KOFFLER NEIL H

(Last) (First) (Middle)
C/O SC FUNDAMENTAL LLC
747 THIRD AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
1. Name and Address of Reporting Person*
Bird John T

(Last) (First) (Middle)
C/O SC FUNDAMENTAL LLC
747 THIRD AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 13G Group (1)
Explanation of Responses:
1. See Exhibit 99.1 for the identities of each Reporting Person and for a table of all shares beneficially owned directly or indirectly by each of the Reporting Persons.
2. Directly owned by SC Fundamental Value Fund, L.P.
3. Directly owned by SC Fundamental Value BVI, Ltd.
See Exhibit 99.1 for Signatures 04/06/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.