-----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, N7wlkrRFxYLu88capOZFifNyBFxDt6HAj+0YVUN0o92tHvIs1UlzR1nhK5gqRsFT eRShMewERng4myLSQC9XHQ== 0000930661-98-001579.txt : 19980724 0000930661-98-001579.hdr.sgml : 19980724 ACCESSION NUMBER: 0000930661-98-001579 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980723 SROS: NYSE GROUP MEMBERS: BOB R. SIMPSON 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 SEC ACT: SEC FILE NUMBER: 005-40996 FILM NUMBER: 98670020 BUSINESS ADDRESS: STREET 1: 1145 EUGENIA PL STREET 2: STE 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 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 1 SCHEDULE 13-G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Benton Oil and Gas Company -------------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 083288 10 0 -------------- (CUSIP Number) July 14, 1998 ------------------------------------------------------- (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) Page 1 of 8 SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 083288 10 0 ----------- - -------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Cross Timbers Oil Company ------------------------- 75-2347769 ---------- - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ X ] b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware -------- - -------------------------------------------------------------------------------- 5) Sole Voting Power Number of Shares 200,000 Beneficially Owned by ------- Each Reporting Person ---------------------------------------------------- With 6) Shared Voting Power 1,432,000 * --------- ---------------------------------------------------- 7) Sole Dispositive Power 200,000 ------- ---------------------------------------------------- 8) Shared Dispositive Power 1,432,000 * --------- - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,632,000 ** --------- - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) 5.5% ** ---- - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO -- - -------------------------------------------------------------------------------- * Represents shares held by Cross Timbers Trading Company, a wholly owned subsidiary of Cross Timbers Oil Company. ** Includes 1,432,000 shares (4.8%) held by Cross Timbers Trading Company. Page 2 of 8 SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 083288 10 0 ----------- - -------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Cross Timbers Trading Company ----------------------------- 75-2613610 ---------- - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ X ] b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware -------- - -------------------------------------------------------------------------------- 5) Sole Voting Power Number of Shares Beneficially Owned by ---------------------------------------------------- Each Reporting Person 6) Shared Voting Power With 1,432,000 --------- ---------------------------------------------------- 7) Sole Dispositive Power ---------------------------------------------------- 8) Shared Dispositive Power 1,432,000 --------- - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,432,000 --------- - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) 4.8% ---- - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO -- - -------------------------------------------------------------------------------- Page 3 of 8 SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 083288 10 0 ----------- - -------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of above persons (entities only) Bob R. Simpson -------------- - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ X ] b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization United States ------------- - -------------------------------------------------------------------------------- 5) Sole Voting Power Number of Shares 12,000 Beneficially Owned by ------ Each Reporting Person ---------------------------------------------------- With 6) Shared Voting Power ---------------------------------------------------- 7) Sole Dispositive Power 12,000 ------ ---------------------------------------------------- 8) Shared Dispositive Power - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 12,000 ------ - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) Less than 0.1% -------------- - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN -- - -------------------------------------------------------------------------------- Page 4 of 8 ITEM 1. (a) Name of Issuer: BENTON OIL AND GAS COMPANY (b) Address of Issuer's Principal Executive Offices: 1145 Eugenia Place, Suite 200 Carpenteria, California 93013 ITEM 2. (a) Name of Persons Filing: Cross Timbers Oil Company Cross Timbers Trading Company, a wholly owned subsidiary of Cross Timbers Oil Company Bob R. Simpson (b) Address of Principal Business Office: 810 Houston Street, Suite 2000 Fort Worth, Texas 76102 (c) Citizenship: Cross Timbers Oil Company is a Delaware corporation. Cross Timbers Trading Company is a Texas corporation. Bob R. Simpson is a citizen of the United States. (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 083288 10 0 ITEM 3. This statement is filed pursuant to Rule 13d-1(c). ITEM 4. OWNERSHIP (a) Amount beneficially owned as of July 22, 1998: Cross Timbers Oil Company (includes shares held by Cross Timbers Trading Company) 1,632,000 Cross Timbers Trading Company 1,432,000 Bob R. Simpson 12,000 (b) Percent of class: Cross Timbers Oil Company (includes shares held by Cross Timbers Trading Company) 5.5% Cross Timbers Trading Company 4.8% Bob R. Simpson Less than 0.1% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Cross Timbers Oil Company 200,000 Cross Timbers Trading Company 0 Bob R. Simpson 12,000 (ii) Shared power to vote or to direct the vote: Cross Timbers Oil Company 1,432,000 Cross Timbers Trading Company 1,432,000 Bob R. Simpson 0 Page 5 of 8 (iii) Sole power to dispose or to direct the disposition of: Cross Timbers Oil Company 200,000 Cross Timbers Trading Company 0 Bob R. Simpson 12,000 (iv) Shared power to dispose or to direct the disposition of: Cross Timbers Oil Company 1,432,000 Cross Timbers Trading Company 1,432,000 Bob R. Simpson 0 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. 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 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. Page 6 of 8 SIGNATURES 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: July 23, 1998 By: /s/ LOUIS G. BALDWIN --------------------------------------------- Louis G. Baldwin Senior Vice President and Chief Financial Officer CROSS TIMBERS TRADING COMPANY By: /s/ LOUIS G. BALDWIN --------------------------------------------- Louis G. Baldwin Senior Vice President and Chief Financial Officer /s/ BOB R. SIMPSON ------------------------------------------------ Bob R. Simpson Page 7 of 8 EX-99.1 2 JOINT FILING AND POWER OF ATTORNEY EXHIBIT 99.1 1. Joint Filing. Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agrees that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below. 2. Power of Attorney. Know all persons by these presents that each person whose signature appears below constitutes and appoints Steffen E. Palko, J. Richard Seeds and Louis G. Baldwin, and each of them, as his or its true and lawful attorneys-in-fact and agents with full power of substitution and resubstitution, for such person and in such person's name, place and stead, in any and all capacities, to sign any and all amendments to the Schedule 13G and any reports filed pursuant to Section 16 of the Securities Exchange Act of 1934, filed on behalf of each of them with respect to their beneficial ownership of Benton Oil and Gas Company, and to file the same, with all exhibits thereto and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or such person or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof. DATE: July 23, 1998 CROSS TIMBERS OIL COMPANY By: /s/ LOUIS G. BALDWIN --------------------------------------------- Louis G. Baldwin Senior Vice President and Chief Financial Officer CROSS TIMBERS TRADING COMPANY By: /s/ LOUIS G. BALDWIN --------------------------------------------- Louis G. Baldwin Senior Vice President and Chief Financial Officer /s/ BOB R. SIMPSON ------------------------------------------------ Bob R. Simpson Page 8 of 8 -----END PRIVACY-ENHANCED MESSAGE-----