0001493152-24-023203.txt : 20240607 0001493152-24-023203.hdr.sgml : 20240607 20240607173012 ACCESSION NUMBER: 0001493152-24-023203 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240607 DATE AS OF CHANGE: 20240607 GROUP MEMBERS: LIME ROCK PARTNERS GP VIII, L.P. GROUP MEMBERS: LR-PERMIAN WIRELINE HOLDINGS, L.P. GROUP MEMBERS: LRP GP VIII, INC. GROUP MEMBERS: NEW SCS SPUR HOLDCO, LLC GROUP MEMBERS: SCS SPUR, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ProPetro Holding Corp. CENTRAL INDEX KEY: 0001680247 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 263685382 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89924 FILM NUMBER: 241030797 BUSINESS ADDRESS: STREET 1: P.O. BOX 873 CITY: MIDLAND STATE: TX ZIP: 79702 BUSINESS PHONE: (432) 688-0012 MAIL ADDRESS: STREET 1: P.O. BOX 873 CITY: MIDLAND STATE: TX ZIP: 79702 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LIME ROCK PARTNERS VIII, L.P. CENTRAL INDEX KEY: 0001705984 ORGANIZATION NAME: IRS NUMBER: 981350547 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O LIME ROCK PARTNERS GP VIII, L.P. STREET 2: 274 RIVERSIDE AVENUE, 3RD FLOOR CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 203-293-2750 MAIL ADDRESS: STREET 1: C/O LIME ROCK PARTNERS GP VIII, L.P. STREET 2: 274 RIVERSIDE AVENUE, 3RD FLOOR CITY: WESTPORT STATE: CT ZIP: 06880 SC 13G/A 1 formsc13ga.htm

UNITED STATES

Securities and Exchange Commission

Washington, D.C. 20549

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

ProPetro Holding Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

74347M108

(CUSIP Number)

December 31, 2023

(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)

☒ 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).

1	Names of Reporting Persons New SCS Spur Holdco, LLC
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person OO

1	Names of Reporting Persons SCS Spur, LLC
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person OO

1	Names of Reporting Persons LR-Permian Wireline Holdings, L.P.
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person PN

1	Names of Reporting Persons Lime Rock Partners VIII, L.P.
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person PN

1	Names of Reporting Persons Lime Rock Partners GP VIII, L.P.
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person PN

1	Names of Reporting Persons LRP GP VIII, Inc.
2	Check the Appropriate Box if a Member of a Group	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0

9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable
11	Percent of Class Represented by Amount in Row 9 0.0%
12	Type of Reporting Person CO

ITEM 1.

(a)

Name of Issuer:

ProPetro Holding Corp. (the “Issuer”).

(b)

Address of Issuer’s Principal Executive Offices:

1706 S. Midkiff

Midland, Texas, 79701

ITEM 2.

(a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

New SCS Spur Holdco, LLC (“Spur Holdco”),

SCS Spur, LLC (“SCS Spur”),

LR-Permian Wireline Holdings, L.P.,

Lime Rock Partners VIII, L.P. (“LRP VIII”),

Lime Rock Partners GP VIII, L.P., and

LRP GP VIII, Inc. (“GP Inc. VIII”).

(b)

Address or Principal Business Office:

The principal business address of the Reporting Persons is 1111 Bagby Street, Suite 4600, Houston, TX 77002.

(c)

Citizenship of each Reporting Person is:

Each of Spur Holdco, SCS Spur and LR-Permian Wireline Holdings, L.P. is organized under the laws of the State of Delaware. Each of the other Reporting Persons is organized under the laws of the Cayman Islands.

(d)

Title of Class of Securities:

Common stock (“Common Stock”).

(e)

CUSIP Number:

74347M108

ITEM 3.

Not applicable.

ITEM 4.

Ownership.

(a-c)

This amendment to Schedule 13G is being filed on behalf of the Reporting Persons to report that, as of December 31, 2023, the Reporting Persons do not beneficially own any shares of Common Stock.

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☒

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.

Not applicable.

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, other than activities solely in connection with a nomination under § 240.14a-11.

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.

Date: June 7, 2024

	New SCS Spur Holdco, LLC

	By:	/s/ Greg Highberger
	Name:	Greg Highberger
	Title:	Managing Member

	SCS Spur, LLC

	By:	/s/ Greg Highberger
	Name:	Greg Highberger
	Title:	Managing Member

	LR-Permian Wireline Holdings, L.P.

	By:	/s/ Greg Highberger
	Name:	Greg Highberger
	Title:	Managing Member

	Lime Rock Partners VIII, L.P.

	By:	/s/ Susan Oswald
	Name:	Susan Oswald
	Title:	Chief Financial Officer

	Lime Rock Partners GP VIII, L.P.

	By:	/s/ Susan Oswald
	Name:	Susan Oswald
	Title:	Chief Financial Officer

	LRP GP VIII, Inc.

	By:	/s/ Susan Oswald
	Name:	Susan Oswald
	Title:	Chief Financial Officer

LIST OF EXHIBITS

Exhibit No.		Description

99		Joint Filing Agreement (previously filed).