-----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, JqyYagvB95myaI01EAGZLZ77KUJrGKM/EBL64xjaOK3GkcbJOGzV9LVPqBiNzYZO uwG3A+ZPCHZtxYbMFah82A== 0000950148-03-002382.txt : 20030929 0000950148-03-002382.hdr.sgml : 20030929 20030929165112 ACCESSION NUMBER: 0000950148-03-002382 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030929 GROUP MEMBERS: KAYNE ANDERSON CAPITAL ADVISORS, L.P. GROUP MEMBERS: KAYNE ANDERSON ENERGY FUND II (QP), L.P. GROUP MEMBERS: KAYNE ANDERSON ENERGY FUND II, L.P. GROUP MEMBERS: RICHARD A. KAYNE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXPLORATION CO OF DELAWARE INC CENTRAL INDEX KEY: 0000313395 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840793089 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-35379 FILM NUMBER: 03915456 BUSINESS ADDRESS: STREET 1: 500 N LOOP 1604 EAST STREET 2: SUITE 250 CITY: SAN ANTONIO STATE: TX ZIP: 78232 BUSINESS PHONE: 2104965300 MAIL ADDRESS: STREET 1: 500 N LOOP 1604 E STREET 2: SUITE 250 CITY: SAN ANTONIO STATE: TX ZIP: 78232 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORATION CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAYNE ANDERSON CAPITAL ADVISORS LP CENTRAL INDEX KEY: 0000949615 IRS NUMBER: 954486379 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1800 AVE OF THE STARS STREET 2: SECOND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105562721 MAIL ADDRESS: STREET 1: 1800 AVENUE OF THE STARS STREET 2: 2ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: KAIM NON TRADITIONAL L P/CA DATE OF NAME CHANGE: 19960605 SC 13D 1 v93356sc13d.txt SCHEDULE 13D OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden Hours per response ... 14.90 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* THE EXPLORATION COMPANY OF DELAWARE, INC. ........................................................................ (Name of Issuer) COMMON STOCK ........................................................................ (Title of Class of Securities) 302133202 ........................................................................ (CUSIP Number) DAVID J. SHLADOVSKY, C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P. 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES, CA 90067 (310) 556-2721 ........................................................................ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 8/21/03 ........................................................................ (Date of Event which Requires Piling 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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) 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 1 OF 9 CUSIP NO. 302133202 SCHEDULE 13D PAGE 2 OF 9 PAGES ................................................................................. 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RICHARD A. KAYNE - ###-##-#### ................................................................................. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ................................................................................. 3 SEC USE ONLY ................................................................................. 4 SOURCE OF FUNDS AF PF ................................................................................. 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] ................................................................................. 6 CITIZENSHIP OR PLACE OF ORGANIZATION A U.S. CITIZEN ................................................................................. 7 SOLE VOTING POWER NUMBER OF 0 SHARES .......................................................... BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING 1,866,666 PERSON WITH .......................................................... 9 SOLE DISPOSITIVE POWER 0 .......................................................... 10 SHARED DISPOSITIVE POWER 1,866,666 ................................................................................. 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,866,666 ................................................................................. 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ................................................................................. 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 8.4% ................................................................................ 12 TYPE OF REPORTING PERSON IN ................................................................................. PAGE 2 OF 9 CUSIP NO. 302133202 SCHEDULE 13D PAGE 3 OF 9 PAGES ................................................................................. 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KAYNE ANDERSON CAPITAL ADVISORS, L.P. - 95-4486379 ................................................................................. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ................................................................................. 3 SEC USE ONLY ................................................................................. 4 SOURCE OF FUNDS AF PF ................................................................................. 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] ................................................................................. 6 CITIZENSHIP OR PLACE OF ORGANIZATION A U.S. CITIZEN ................................................................................. 7 SOLE VOTING POWER NUMBER OF 0 SHARES ............................................................ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING 1,866,666 PERSON WITH ............................................................ 9 SOLE DISPOSITIVE POWER 0 ............................................................ 10 SHARED DISPOSITIVE POWER 1,866,666 ................................................................................. 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,866,666 ................................................................................. 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ................................................................................. 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 8.4% ................................................................................. 14 TYPE OF REPORTING PERSON IA PN ................................................................................. PAGE 3 OF 9 CUSIP NO. 302133202 SCHEDULE 13D PAGE 4 OF 9 PAGES ................................................................................. 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KAYNE ANDERSON ENERGY FUND II, L.P. - 03-0401472 ................................................................................. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ................................................................................. 3 SEC USE ONLY ................................................................................. 4 SOURCE OF FUNDS AF PF ................................................................................. 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] ................................................................................. 6 CITIZENSHIP OR PLACE OF ORGANIZATION A U.S. CITIZEN ................................................................................. 7 SOLE VOTING POWER NUMBER OF 0 SHARES ............................................................ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING 1,417,546 PERSON WITH ............................................................ 9 SOLE DISPOSITIVE POWER 0 ............................................................ 10 SHARED DISPOSITIVE POWER 1,417,546 ................................................................................. 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,417,546 ................................................................................. 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ................................................................................. 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 6.4% ................................................................................. 14 TYPE OF REPORTING PERSON PN ................................................................................. PAGE 4 OF 9 CUSIP NO. 302133202 SCHEDULE 13D PAGE 5 OF 9 PAGES ................................................................................. 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KAYNE ANDERSON ENERGY FUND II (QP), L.P. - 35-2184522 ................................................................................. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ................................................................................. 3 SEC USE ONLY ................................................................................. 4 SOURCE OF FUNDS AF PF ................................................................................. 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] ................................................................................. 6 CITIZENSHIP OR PLACE OF ORGANIZATION A U.S. CITIZEN ................................................................................. 7 SOLE VOTING POWER NUMBER OF 0 SHARES ............................................................ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING 449,120 PERSON WITH ............................................................ 9 SOLE DISPOSITIVE POWER 0 ............................................................ 10 SHARED DISPOSITIVE POWER 449,120 ................................................................................. 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 449,120 ................................................................................. 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ................................................................................. 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 2.0% ................................................................................. 14 TYPE OF REPORTING PERSON PN ................................................................................. PAGE 5 OF 9 United States Securities and Exchange Commission SCHEDULE 13D ********************* ITEM 1. SECURITY AND ISSUER Common Stock, $0.01 par value. The Exploration Company of Delaware, Inc. 500 North Loop 1604 East, Suite 250 San Antonio, TX 78232 ITEM 2. IDENTITY AND BACKGROUND The Reporting Persons include Richard A. Kayne, Kayne Anderson Capital Advisors, L.P. and Kayne Anderson Energy Fund II, L.P. a. KAYNE ANDERSON CAPITAL ADVISORS, L.P. Kayne Anderson Capital Advisors, L.P. ("KACALP"), a California limited partnership, is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. It serves as general partner of or investment adviser to various accounts, including Kayne Anderson Energy Fund II, L.P. and Kayne Anderson Energy Fund II (QP), L.P., each a Delaware limited partnership (together the "Energy Funds"). Kayne Anderson Investment Management, Inc. ("KAIM"), a Nevada corporation, is the sole general partner of KACALP. KAIM is owned by KA Holdings, Inc. ("KA Holdings"), a California corporation, the shareholders of which are Richard A. Kayne and John E. Anderson. The principal business address of the Reporting Persons, KAIM and KA Holdings is 1800 Avenue of the Stars, Second Floor, Los Angeles, California 90067. b. RICHARD A. KAYNE Mr. Kayne, a U.S. citizen, is President, Chief Executive Officer and Director of KAIM and KA Holdings. Mr. Kayne also serves as Co-Management Chair and Chief Executive Officer of Kayne Anderson Rudnick Investment Management, LLC, a California limited liability company ("KARIM"), and President and Director of KA Associates, Inc., a Nevada corporation ("KAA"). KARIM is a registered investment adviser. KAA is a registered broker/dealer. The principal business address of KARIM and KAA is 1800 Avenue of the Stars, Second Floor, Los Angeles, CA 90067. c. None of the Reporting Persons, KAIM or KA Holdings has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the past five years, nor has any of them been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law during the last five years. PAGE 6 OF 9 d. The following additional persons are officers and/or directors of one or more of KAIM and KA Holdings. (KACALP, a limited partnership, does not have any officers or directors.) Each such person is a U.S. citizen whose address is, unless noted otherwise, 1800 Avenue of the Stars, Second Floor, Los Angeles, California 90067. None of such persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the past five years, nor has any of them been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law during the last five years. JOHN E. ANDERSON. Chairman of Topa Equities, Ltd., a diversified investment company located at 1800 Avenue of the Stars, Suite 1400, Los Angeles, California 90067. Mr. Anderson is Director of KAIM and KA Holdings. HOWARD M. ZELIKOW. Vice President and Director of KAIM Director of FAO, Inc. ROBERT V. SINNOTT. Vice President of KAIM DAVID J. SHLADOVSKY. General Counsel and Secretary of KAIM and KA Holdings JOHN DALEY. Chief Financial Officer and Treasurer of KAIM and KA Holdings RALPH C. WALTER. Chief Operating Officer of KAIM and KA Holdings. TEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Reporting Persons bought an aggregate of 1,866,666 shares of the Common Stock from the Issuer for cash consideration of $5,393,442 in a private transaction on August 21, 2003. The funds were provided by investors in the Energy Funds. PAGE 7 OF 9 ITEM 4. PURPOSE OF TRANSACTION Each Reporting Person currently intends to hold all of the acquired securities for investment purposes. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER a. Mr. Kayne and KACALP beneficially own 1,866,666 shares of the Common Stock, or approximately 8.4% of the outstanding Common Stock. b. Mr. Kayne and KACALP have the shared power to vote and dispose, or direct the disposition, of 1,866,666 shares of the Common Stock. The shares over which Mr. Kayne and KACALP have shared voting and dispositive power are held by the Energy Funds, for which KACALP serves as general partner or manager. These include, but are not limited to, Kayne Anderson Energy Fund II, L.P., which is a Reporting Person. KACALP disclaims beneficial ownership of the shares reported, except those shares attributable to it by virtue of its general partner interests in limited partnerships holding such shares. Mr. Kayne disclaims beneficial ownership of the shares reported, except those shares held by him or attributable to him by virtue of his limited partner interests in such limited partnerships and by virtue of his indirect interest in the interest of KACALP in such limited partnerships. c. The following transactions in the Common Stock beneficially owned by the Reporting Persons were effected in the last 60 days:
Common Stock Stock Date Type # of shares Price Where/how transaction effected - -------- ---- ----------- ------ ------------------------------ 8/21/03 Common Stock 1,866,666 $2.89 Bought from Issuer privately.
d. Not applicable e. Not applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. 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, complete and correct. September 26, 2003 - ------------------------------------------ Date /S/ Richard A. Kayne - ------------------------------------------ Richard A. Kayne KAYNE ANDERSON CAPITAL ADVISORS, L.P. By: Kayne Anderson Investment Management, Inc. By: /S/ David J. Shladovsky ------------------------------ David J. Shladovsky, Secretary PAGE 8 OF 9 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1) This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934 (the "Act") by and between the parties listed below, each referred to herein as a "Joint Filer." The Joint Filers agree that a statement of beneficial ownership as required by Section 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1. /S/ Richard A. Kayne --------------------------------------------- Richard A. Kayne /S/ David J. Shladovsky --------------------------------------------- Kayne Anderson Capital Advisors, L.P., by David J. Shladovsky, Secretary of Kayne Anderson Investment Management, Inc., general partner /S/ David J. Shladovsky --------------------------------------------- Kayne Anderson Energy Fund II, L.P., by Kayne Anderson Capital Advisors, L.P., by David J. Shladovsky, Secretary of Kayne Anderson Investment Management, Inc., general partner PAGE 9 OF 9 -----END PRIVACY-ENHANCED MESSAGE-----