-----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, AHoEx9UpnW1WzUkVA6vKuYQTmWLqPQ7LNFRkvCYpgGswllyGr/qChZPKwnh55m8L vhSwsPoy4cOolwUB7VwRTA== 0000930661-00-000303.txt : 20000215 0000930661-00-000303.hdr.sgml : 20000215 ACCESSION NUMBER: 0000930661-00-000303 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: CROSS TIMBERS OIL CO GROUP MEMBERS: CROSS TIMBERS TRADING COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BENTON OIL & GAS CO CENTRAL INDEX KEY: 0000845289 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 770196707 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-40996 FILM NUMBER: 539398 BUSINESS ADDRESS: STREET 1: 6267 CARPINTERIA AVE. STREET 2: SUITE 200 CITY: CARPINTERIA STATE: CA ZIP: 93013 BUSINESS PHONE: 8055665600 MAIL ADDRESS: STREET 1: 1145 EUGENIA PL STREET 2: STE 200 CITY: CARPINTERIA STATE: CA ZIP: 93013 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CROSS TIMBERS OIL CO CENTRAL INDEX KEY: 0000868809 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752347769 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 810 HOUSTON ST STREET 2: STE 2000 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8178702800 MAIL ADDRESS: STREET 1: 810 HOUSTON STREET STREET 2: STE 2000 CITY: FORT WORTH STATE: TX ZIP: 76102 SC 13G/A 1 AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1) Benton Oil & Gas Company - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 083288 10 0 ------------------------------ (CUSIP Number) December 31, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) SCHEDULE 13G--Amendment No. 1 - ------------------------------------------------------------------------------ CUSIP NO. 083288 10 0 ----------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS: Cross Timbers Oil Company 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 75-2347769 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 4 - ------------------------------------------------------------------------------ SOLE VOTING POWER 300,000 5 NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER 716,500* BENEFICIALLY 6 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 300,000 7 REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER 716,500* WITH 8 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,016,500* 9 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (see Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.4% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) CO 12 - ------------------------------------------------------------------------------ * Includes 716,500 shares held by Cross Timbers Trading Company, a wholly-owned subsidiary of Cross Timbers Oil Company. SCHEDULE 13G--Amendment No. 1 - ------------------------------------------------------------------------------ CUSIP NO. 083288 10 0 ----------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS: Cross Timbers Trading Company 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 75-2613610 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS 4 - ------------------------------------------------------------------------------ SOLE VOTING POWER 0 5 NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER 716,500 BENEFICIALLY 6 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 0 7 REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER 716,500 WITH 8 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 716,500 9 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.4% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO 12 - ------------------------------------------------------------------------------ Item 1 (a) Name of Issuer Benton Oil and Gas Company (b) Address of Issuer's Principal Executive Offices 6267 Carpinteria Avenue, Suite 200 Carpinteria, CA 93013 Item 2 (a) Name of Person Filing Cross Timbers Oil Company Cross Timbers Trading Company, a wholly-owned subsidiary of Cross Timbers Oil Company (b) Address of Principal Business Office or, if none, Residence 810 Houston Street, Suite 2000 Fort Worth, Texas 76102 (c) Citizenship Cross Timber Oil Company is a Delaware corporation. Cross Timbers Trading Company is a Texas corporation. (d) Title of Class of Securities Common Stock (e) CUSIP Number 083288 10 0 Item 3. Not applicable. Item 4. Ownership. (a) Amount beneficially owned as of December 31, 1999: Cross Timbers Oil Company (includes shares held by Cross Timbers Trading Company) 1,016,500 Cross Timbers Trading Company 716,500 (b) Percent of class: Cross Timbers Oil Company (includes shares held by Cross Timbers Trading Company) 3.4% Cross Timbers Trading Company 2.4% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote Cross Timbers Oil Company 300,000 Cross Timbers Trading Company 0 (ii) Shared power to vote or to direct the vote: Cross Timbers Oil Company 716,500 Cross Timbers Trading Company 716,500 (iii) Sole power to dispose or to direct the disposition of: Cross Timbers Oil Company 300,000 Cross Timbers Trading Company 0 (iv) Shared power to dispose or to direct the disposition of: Cross Timbers Oil Company 716,500 Cross Timbers Trading Company 716,500 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. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. The persons identified under Item 2 above are filing this schedule as a group pursuant to Rule 13d-1(c). Item 9. Notice of Dissolution of a Group Not applicable. Item 10. Certification 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 that 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. CROSS TIMBERS OIL COMPANY Date: February 14, 2000 By: /s/ LOUIS G. BALDWIN ------------------------------- Louis G. Baldwin Executive Vice President and Chief Financial Officer CROSS TIMBERS TRADING COMPANY By: /s/ LOUIS G. BALDWIN ------------------------------- Louis G. Baldwin Executive Vice President and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----