0001214659-11-004075.txt : 20111125 0001214659-11-004075.hdr.sgml : 20111124 20111125163112 ACCESSION NUMBER: 0001214659-11-004075 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111125 DATE AS OF CHANGE: 20111125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HKN, Inc. CENTRAL INDEX KEY: 0000313478 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 952841597 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-31407 FILM NUMBER: 111226896 BUSINESS ADDRESS: STREET 1: 180 STATE STREET STREET 2: SUITE 200 CITY: SOUTHLAKE STATE: TX ZIP: 76092 BUSINESS PHONE: (817) 424-2424 MAIL ADDRESS: STREET 1: 180 STATE STREET STREET 2: SUITE 200 CITY: SOUTHLAKE STATE: TX ZIP: 76092 FORMER COMPANY: FORMER CONFORMED NAME: HARKEN ENERGY CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HARKEN OIL & GAS INC DATE OF NAME CHANGE: 19890109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Seabreeze Capital Management, LLC CENTRAL INDEX KEY: 0001349386 IRS NUMBER: 753197994 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3511 VENTURE DRIVE CITY: HUNTINGTON BEACH STATE: CA ZIP: 92649 BUSINESS PHONE: 714-846-3193 MAIL ADDRESS: STREET 1: 3511 VENTURE DRIVE CITY: HUNTINGTON BEACH STATE: CA ZIP: 92649 SC 13G 1 c1125110sg13g.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response..... 11 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.____________)* HKN, INC. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 40420K103 -------------------------------------------------------------------------------- (CUSIP Number) November 23, 2011 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) * 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 the disclosures provided in a prior cover page. The information required in 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. 40420K103 Page 1 of 5 pages --------- - - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS Seabreeze Capital Management, LLC I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 75-3197994 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Huntington Beach, California -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 930,821 SHARES ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER 930,821 REPORTING ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER 0 WITH -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 930,821 -------------------------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.97% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA -------------------------------------------------------------------------------- CUSIP No. 40420K103 Page 2 of 5 pages --------- - - Item 1(a). Name of Issuer: HKN, Inc. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 180 State Street, Suite 200 Southlake, TX -------------------------------------------------------------------- Item 2(a). Name of Person Filing: Seabreeze Capital Management, LLC -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: 3511 Venture Drive Huntington Beach, CA 92649 -------------------------------------------------------------------- Item 2(c). Citizenship: N/A -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock -------------------------------------------------------------------- Item 2(e). CUSIP Number: 40420K103 -------------------------------------------------------------------- CUSIP No. 40420K103 Page 3 of 5 pages --------- - - Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78o). (c) [_] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78o). (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [x] An investment adviser in accordance with s240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with s240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with s240.13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with s240.13d-1(b)(1)(ii)(J). CUSIP No. 40420K103 Page 4 of 5 pages --------- - - Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 930,821 ---------------------------------------------------------------------- (b) Percent of class: 4.97% ---------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 930,821 (ii) Shared power to vote or to direct the vote 0, (iii) Sole power to dispose or to direct the disposition of 930,821 (iv) Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [X]. ----------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. N/A ----------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. N/A ----------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. N/A ----------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. N/A ----------------------------------------------------------------------- CUSIP No. 40420K103 Page 5 of 5 pages --------- - - Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to s240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. (b) The following certification shall be included if the statement is filed pursuant to s240.13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. 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, complete and correct. November 25, 2011 ---------------------------------------- (Date) /s/ Russell E. Murdock ---------------------------------------- (Signature) Russell E. Murdock / President ---------------------------------------- (Name/Title) The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement,provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s240.13d-7 for other parties for whom copies are to be sent. ATTENTION. INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).