SC 13D/A 1 h93139a3sc13da.txt ENCAO ENERGY CAPITAL FUND III LP F/3TEC ENERGY SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A (AMENDMENT NO. 3) UNDER THE SECURITIES EXCHANGE ACT OF 1934* 3TEC ENERGY CORPORATION (NAME OF ISSUER) COMMON STOCK, PAR VALUE $.02 PER SHARE (TITLE OF CLASS OF SECURITIES) 88575R308 (CUSIP NUMBER) D. MARTIN PHILLIPS ENCAP INVESTMENTS L.L.C. 1100 LOUISIANA, SUITE 3150 HOUSTON, TEXAS 77002 (713) 659-6100 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) NOVEMBER 28, 2001 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 204.13d-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 ss. 240.13d-7(b) for other parties to whom copies are to be sent. *The remainder of the 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). SCHEDULE 13D/A CUSIP NO. 88575R308 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ENCAP ENERGY CAPITAL FUND III, L.P. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (SEE ITEM 3) -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENCAP ENERGY CAPITAL FUND III, L.P. ("ENCAP III") IS A LIMITED PARTNER- SHIP ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,911,322(1) NUMBER OF SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER 0 EACH REPORTING PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 1,911,322(1) ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,911,322 -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.6%(2) -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN -------------------------------------------------------------------------------- (1) As exercised through its sole general partner, EnCap Investments L.L.C. (2) Based on 15,903,992 shares of Common Stock issued and outstanding on October 12, 2001. 2 SCHEDULE 13D/A CUSIP NO. 88575R308 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ENCAP ENERGY ACQUISITION III-B, INC. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (SEE ITEM 3) -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENCAP ENERGY ACQUISITION III-B, INC. ("ENCAP ACQUISITION III-B") IS A CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,445,537(1) NUMBER OF SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER 0 EACH REPORTING PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 1,445,537(1) ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,445,537 -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8%(2) -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO -------------------------------------------------------------------------------- (1) As exercised through its controlling person, EnCap Energy Capital Fund III-B. L.P. (2) Based on 15,903,992 shares of Common Stock issued and outstanding on October 12, 2001. 3 SCHEDULE 13D/A CUSIP NO. 88575R308 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ENCAP ENERGY CAPITAL FUND III-B, L.P. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (SEE ITEM 3) -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENCAP ENERGY CAPITAL FUND III-B, L.P.("ENCAP III-B") IS A LIMITED PARTNERSHIP ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER 1,445,537(1) EACH REPORTING PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,445,537(1) -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,445,537(2) -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8%(3) -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN -------------------------------------------------------------------------------- (1) EnCap III-B may be deemed to have voting and dispositive power with respect to the shares of Common Stock owned by EnCap Acquisition III-B, as exercised through EnCap III-B's sole general partner, EnCap Investments L.L.C. See Items 2 and 5. (2) EnCap III-B disclaims any beneficial ownership of the shares owned by EnCap Acquisition III-B. See Item 5. (3) Based on 15,903,992 shares of Common Stock issued and outstanding on October 12, 2001. 4 SCHEDULE 13D/A CUSIP NO. 88575R308 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ENCAP INVESTMENTS L.L.C. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (SEE ITEM 3) -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENCAP INVESTMENTS L.L.C. ("ENCAP INVESTMENTS") IS A LIMITED LIABILITY COMPANY ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER 4,499,452(1) EACH REPORTING PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,499,452(1) -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,499,452(2) -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8%(3) -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO -------------------------------------------------------------------------------- (1) EnCap Investments may be deemed to have voting and dispositive power with respect to the shares of Common Stock owned by the EnCap Entities (as defined in Item 2). See Items 2 and 5. (2) EnCap Investments disclaims any beneficial ownership of the shares owned by the EnCap Entities. (3) Based on 15,903,992 shares of Common Stock issued and outstanding on October 12, 2001. 5 ITEM 1. SECURITY AND ISSUER. No modification. ITEM 2. IDENTITY AND BACKGROUND. Item 2 is amended and restated in its entirety as follows: (a) - (c) EnCap Energy Capital Fund III, L.P. ("EnCap III") is a Texas limited partnership with its principal executive offices at 1100 Louisiana Street, Suite 3150, Houston, Texas 77002. The principal business of EnCap III is engaging in oil and gas investments. EnCap Investments L.L.C. ("EnCap Investments") is the general partner of EnCap III. EnCap Energy Acquisition III-B, Inc. ("EnCap Acquisition III-B") is a Texas corporation with its principal executive offices at 1100 Louisiana Street, Suite 3150, Houston, Texas 77002. The principal business of EnCap Acquisition III-B is engaging in oil and gas investments. The controlling person of EnCap Acquisition III-B is EnCap Energy Capital Fund III-B, L.P., a Texas limited partnership. Current information concerning the executive officers and directors of EnCap Acquisition III-B is set forth on Schedule I hereto. EnCap Energy Capital Fund III-B, L.P. ("EnCap III-B") is a Texas limited partnership with its principal executive offices at 1100 Louisiana Street, Suite 3150, Houston, Texas 77002. The principal business of EnCap III is engaging in oil and gas investments. EnCap Investments is the general partner of EnCap III-B. EnCap Investments is a Delaware limited liability company with its principal executive offices at 1100 Louisiana Street, Suite 3150, Houston, Texas 77002. The principal business of EnCap Investments is engaging in oil and gas investments. EnCap Investments is the general partner or controlling person of EnCap III, EnCap Acquisition III-B, ECIC Corporation, a Texas corporation, and BOCP Energy Partners, L.P., a Texas limited partnership (collectively, the "EnCap Entities"). Current information concerning the sole member and managing directors of EnCap Investments is set forth on Schedule I hereto. The sole member of EnCap Investments is El Paso Merchant Energy North America Company, a Delaware corporation ("El Paso Merchant Energy"). El Paso Merchant Energy is a Delaware corporation with its principal executive offices at 1001 Louisiana Street, Houston, Texas 77002. The principal business of El Paso Merchant Energy is natural gas gathering and processing and intrastate gas transmission. Current information concerning the controlling person and executive officers and directors of El Paso Merchant Energy is set forth on Schedule I hereto. The controlling person of El Paso Merchant Energy is El Paso Corporation, a Delaware corporation ("El Paso Corporation"). El Paso Corporation is a Delaware corporation with its principal executive offices located at 1001 Louisiana Street, Houston, Texas 77002. The principal business of El Paso Corporation is serving as a holding company for its various subsidiaries, which are engaged in energy and related businesses. Current information concerning the executive officers and directors of El Paso Corporation is set forth on Schedule I hereto. (d)-(f) See Schedule I. 6 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The following is added to the section titled "Securities distributed to Floyd C. Wilson": In addition, on July 24, 2001, W/E Energy distributed to certain entities designated by Floyd C. Wilson, as an advance on his "put," 11,750 shares of Common Stock. The following is added to Item 3: WARRANT ASSIGNMENT On May 22, 2001, EnCap III, ECIC Corporation, a Texas corporation ("ECIC"), EnCap Acquisition III-B, BOCP Energy Partners, L.P., a Texas limited partnership ("BOCP," collectively with EnCap III, ECIC, EnCap Acquisition III-B, and BOCP, the "EnCap Entities"), and Pel-Tex Partners L.L.C. ("Pel-Tex") entered into a Master Assignment and Assumption Agreement pursuant to which Pel-Tex assigned 6,855 warrants to ECIC, 19,414 warrants to EnCap III, 14,683 warrants to EnCap Acquisition III-B, and 4,750 warrants to BOCP. Each warrant (i) represents the right to purchase one share of Common Stock of the Issuer at an exercise price of $30.00 per share, and (ii) expires on February 3, 2004. Further pursuant to the Master Assignment and Assumption Agreement, the EnCap Entities assumed contingent indemnification obligations of Pel-Tex arising pursuant to Section 12.4 of the Agreement and Plan of Merger dated December 21, 1999, as amended January 14, 2000, and February 2, 2000 by and between Pel-Tex, the EnCap Entities, the Issuer, 3TM Acquisition L.L.C., a Delaware limited liability company, and Magellan Exploration, LLC, a Delaware limited liability company. DISSOLUTION OF W/E ENERGY On November 28, 2001, the members of W/E Energy Company L.L.C. executed an Agreement to Dissolve W/E Energy Company L.L.C. and filed a Certificate of Cancellation with the Delaware Secretary of State. Pursuant to the Agreement to Dissolve, the assets of W/E Energy were distributed 42.479005% to EnCap III, 32.12694% to EnCap Acquisition III-B, 15% to ECIC, and 10.394055% to BOCP. ITEM 4. PURPOSE OF TRANSACTION. No modification. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is amended and restated in its entirety as follows: (a) The following table describes the number of shares of Common Stock, including shares of Common Stock issuable upon exercise or conversion of derivative securities and the percent of outstanding Common Stock owned by each of the reporting persons and the EnCap Entities. All percentages are based on 15,903,992 shares of Common Stock issued and outstanding on October 12, 2001. 7
COMMON STOCK DERIVATIVE SECURITIES TOTAL --------------------- ------------------------ ------------------------- NAME SOLE SHARED SOLE SHARED NUMBER %(1) ----- -------- --------- --------- ---------- --------- ----------- EnCap Investments L.L.C. -- 2,980,635 -- 1,518,817(2) 4,499,452 25.8% EnCap Energy Capital Fund III, L.P. 1,266,144 -- 645,178(2) -- 1,911,322 11.6% EnCap Energy Acquisition III-B, Inc. 957,587 -- 487,950(2) -- 1,445,537 8.8% EnCap Energy Capital Fund III-B, L.P. -- 957,587 -- 487,950(2) 1,445,537 8.8% ECIC Corporation 447,095 -- 227,822(2) -- 674,917 4.2% BOCP Energy Partners, L.P. 309,809 -- 157,867(2) -- 467,676 2.9%
-------------- (1) In accordance with SEC regulations under Section 13(d) of the Act, the percent shown in this column for each stockholder represents the number of shares of Common Stock owned by the stockholder plus the derivative securities (on an as converted basis) owned by such stockholder divided by the number of shares outstanding plus the number of derivative securities (on an as converted basis) owned by such stockholder. (2) Represents warrants to purchase Common Stock which are exercisable within 60 days of this filing, and shares of Common Stock issuable upon conversion of the Issuer's Series D Convertible Preferred Stock. (b) EnCap Investments. EnCap Investments may be deemed to have the power to vote and direct the vote or to dispose or direct the disposition of 4,499,452 shares of Common Stock collectively owned by the EnCap Entities (by virtue of being the general partner or controlling person of each such entity). EnCap Investments disclaims beneficial ownership of the shares of Common Stock owned by the EnCap Entities. EnCap III. EnCap III has the sole power to vote and dispose or direct the disposition of 1,911,322 shares of Common Stock through its general partner, EnCap Investments. EnCap Acquisition III-B. EnCap Acquisition III-B has the sole power to vote and dispose or direct the disposition of 1,445,537 shares of Common Stock through its controlling person, EnCap III-B. EnCap III-B. EnCap III-B may be deemed to have the power to vote and direct the vote or to dispose or direct the disposition of 1,445,537 shares of Common Stock collectively owned by EnCap Acquisition III-B (by virtue of being the controlling person of EnCap Acquisition III-B), through EnCap III-B's general partner, EnCap Investments. EnCap III-B disclaims beneficial ownership of the shares of Common Stock owned by EnCap Acquisition III-B. El Paso Merchant Energy and El Paso Corporation. Each of El Paso Merchant Energy and El Paso Corporation may be deemed to have the power to vote and direct the vote or to dispose or direct the disposition of the shares of Common Stock deemed to be owned by EnCap Investments (by virtue of being controlling persons of EnCap Investments). El Paso Merchant Energy and El Paso Corporation disclaim beneficial ownership of the shares of Common Stock owned by the EnCap Entities. Executive Officers and Directors. Except as otherwise described herein, to the knowledge of the reporting persons, no executive officer or director of the reporting persons or managing director of EnCap Investments or other person listed in Schedule I has the power to vote or direct the vote or dispose or direct the disposition of any shares of Common Stock. (c) Except as otherwise described herein or in any Exhibit filed herewith, and to the knowledge of the reporting persons, none of the persons named in response to Paragraph (a) above has affected any transaction in the Common Stock during the past sixty (60) days. 8 (d) Except as otherwise described herein, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock deemed to be beneficially owned by them. (e) W/E Energy Company L.L.C. ceased to be the owner of more than five percent (5%) of the shares of Common Stock on November 28, 2001 when it dissolved and distributed its assets, including all of the securities of the Issuer that it held, to its members. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SECURITIES OF THE ISSUER. No modification. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. The following is added to Item 7: Exhibit 10.9 - Master Assignment and Assumption Agreement dated May 22, 2001 among ECIC Corporation, EnCap Energy Capital Fund III, L.P., EnCap Energy Acquisition III-B, Inc., BOCP Energy Partners, L.P., and Pel-Tex Partners L.L.C. Exhibit 10.10 - Agreement to Dissolve W/E Energy Company L.L.C. dated November 28, 2001 among EnCap Energy Capital Fund III, L.P., EnCap Energy Capital Fund III-B, L.P., ECIC Corporation, and BOCP Energy Partners, L.P. 9 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. Date: December 26, 2001 ENCAP INVESTMENTS L.L.C. By: /s/ D. MARTIN PHILLIPS ---------------------- D. Martin Phillips Manager Date: December 26, 2001 ENCAP ENERGY CAPITAL FUND III, L.P. By: EnCap Investments L.L.C., its general partner By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Managing Director Date: December 26, 2001 ENCAP ENERGY ACQUISITION III-B, INC. By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Vice President Date: December 26, 2001 ENCAP ENERGY CAPITAL FUND III-B, L.P. By: EnCap Investments L.L.C., its general partner By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Managing Director 10 EXHIBIT 1 AGREEMENT The undersigned reporting persons hereby agree that the statements filed pursuant to this Schedule 13D/A, to which this Agreement is filed as an exhibit, are filed on behalf of each of them. Date: December 26, 2001 ENCAP INVESTMENTS L.L.C. By: /s/ D. MARTIN PHILLIPS ---------------------- D. Martin Phillips Manager Date: December 26, 2001 ENCAP ENERGY CAPITAL FUND III, L.P. By: EnCap Investments L.L.C., its general partner By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Managing Director Date: December 26, 2001 ENCAP ENERGY ACQUISITION III-B, INC. By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Vice President Date: December 26, 2001 ENCAP ENERGY CAPITAL FUND III-B, L.P. By: EnCap Investments L.L.C., its general partner By: /s/ D. MARTIN PHILLIPS ----------------------- D. Martin Phillips Managing Director 11 SCHEDULE I DIRECTORS, MANAGERS, EXECUTIVE OFFICERS, OR CONTROLLING PERSONS The name, business address, present principal occupation or employment and the name, principal business address of any corporation or other organization in which such employment is conducted, of each of (i) the executive officers and directors of EnCap Energy Acquisition III-B, Inc., (ii) the managing directors of EnCap Investments, (iii) the directors and executive officers of El Paso Merchant Energy, and (iv) the directors and executive officers of El Paso Corporation are set forth below:
Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- (i) EnCap Energy Acquisition III-B, Inc. David B. Miller Director and Managing Director of EnCap Investments L.L.C. 3811 Turtle Creek Blvd. Vice President EnCap Investments 3811 Turtle Creek Blvd. Dallas, Texas 75219 Dallas, Texas 75219 D. Martin Phillips Director, Vice Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 President, and EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Secretary Houston, Texas 77002 Robert L. Zorich Director and Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 President EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Houston, Texas 77002 Gary R. Petersen Director, Vice Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 President, and EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Treasurer Houston, Texas 77002 ---------------------------------- ------------------ -------------------------- -----------------------------------
Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- (ii) EnCap Investments L.L.C. David B. Miller Managing Director Managing Director of EnCap Investments L.L.C. 3811 Turtle Creek Blvd. of EnCap EnCap Investments 3811 Turtle Creek Blvd. Dallas, Texas 75219 Investments Dallas, Texas 75219 D. Martin Phillips Managing Director Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 of EnCap EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Investments Houston, Texas 77002 Robert L. Zorich Managing Director Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 of EnCap EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Investments Houston, Texas 77002
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Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- Gary R. Petersen Managing Director Managing Director of EnCap Investments L.L.C. 1100 Louisiana, Suite 3150 of EnCap EnCap Investments 1100 Louisiana, Suite 3150 Houston, Texas 77002 Investments Houston, Texas 77002
Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- (iii) El Paso Merchant Energy North America Company Clark C. Smith President and President, El Paso El Paso Merchant Energy 1001 Louisiana Street Director Merchant Energy North America Company Houston, Texas 77002 1001 Louisiana Street Houston, Texas 77002 John B. Holmes, Jr. Chief Operating Chief Operating Officer, El Paso Merchant Energy 1001 Louisiana Street Officer El Paso North America Company Houston, Texas 77002 Merchant Energy 1001 Louisiana Street Houston, Texas 77002 Timothy D. Bourn Vice President and Vice President and El Paso Merchant Energy 1001 Louisiana Street Senior Managing Senior Managing North America Company Houston, Texas 77002 Director Director, El Paso 1001 Louisiana Street Merchant Energy Houston, Texas 77002 Larry W. Kellerman Vice President and Vice President and El Paso Merchant Energy 1001 Louisiana Street Senior Managing Senior Managing North America Company Houston, Texas 77002 Director Director, El Paso 1001 Louisiana Street Merchant Energy Houston, Texas 77002 John L. Harrison Senior Vice Senior Vice President El Paso Merchant Energy 1001 Louisiana Street President and and Chief Financial North America Company Houston, Texas 77002 Chief Financial Officer, El Paso 1001 Louisiana Street Officer Merchant Energy Houston, Texas 77002 W. C. Mack Senior Vice Senior Vice President, El Paso Merchant Energy 1001 Louisiana Street President El Paso Merchant Energy North America Company Houston, Texas 77002 1001 Louisiana Street Houston, Texas 77002 Grady M. Blakley Senior Vice Senior Vice President, El Paso Merchant Energy 1001 Louisiana Street President El Paso Merchant Energy North America Company Houston, Texas 77002 1001 Louisiana Street Houston, Texas 77002
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Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- Ralph Eads Director Executive Vice El Paso Corporation 1001 Louisiana Street President, El Paso 1001 Louisiana Street Houston, Texas 77002 Corporation Houston, Texas 77002
Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- (iv) El Paso Corporation William A. Wise Chairman of the Director, Chairman of the El Paso Corporation 1001 Louisiana Street Board, Board, 1001 Louisiana Street Houston, Texas 77002 President, Chief President, and Chief Houston, Texas 77002 Executive Executive Officer, and Officer of El Paso Director Corporation H. Brent Austin Executive Vice Executive Vice President El Paso Corporation 1001 Louisiana Street President and 1001 Louisiana Street Houston, Texas 77002 and Chief Financial Officer of Houston, Texas 77002 Chief Financial El Paso Corporation Officer Ralph Eads Executive Vice Executive Vice President El Paso Corporation 1001 Louisiana Street President of 1001 Louisiana Street Houston, Texas 77002 El Paso Corporation Houston, Texas 77002 Joel Richards III Executive Vice Executive Vice El Paso Corporation 1001 Louisiana Street President President, Human 1001 Louisiana Street Houston, Texas 77002 Resources and Houston, Texas 77002 Administration of El Paso Corporation William A. Smith Executive Vice Executive Vice President, El Paso Corporation 1001 Louisiana Street President Business Development of 1001 Louisiana Street Houston, Texas 77002 El Paso Corporation Houston, Texas 77002 John W. Somerhalder II President, Pipeline President, Pipeline Group El Paso Corporation 1001 Louisiana Street Group of 1001 Louisiana Street Houston, Texas 77002 El Paso Corporation Houston, Texas 77002 Britton White Jr. Executive Vice Executive Vice El Paso Corporation 1001 Louisiana Street President President and 1001 Louisiana Street Houston, Texas 77002 and General Counsel of El Paso Houston, Texas 77002 General Counsel Corporation Jeffrey I. Beason Senior Vice Senior Vice President and El Paso Corporation 1001 Louisiana Street President and Controller of El Paso 1001 Louisiana Street Houston, Texas 77002 Controller Corporation Houston, Texas 77002
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Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- C. Dana Rice Senior Vice Senior Vice President and El Paso Corporation 1001 Louisiana Street President and Treasurer of El Paso 1001 Louisiana Street Houston, Texas 77002 Treasurer Corporation Houston, Texas 77002 Patricia A. Shelton President President of El Paso Natural Gas Company 1001 Louisiana Street Western Pipeline Western Pipeline Division 1001 Louisiana Street Houston, Texas 77002 Division Houston, Texas 77002 E. J. Holm Chief Executive Chief Executive Officer El Paso Natural Gas Company 1001 Louisiana Street Officer Eastern Pipeline Division 1001 Louisiana Street Houston, Texas 77002 Eastern Pipeline Houston, Texas 77002 Division John D. Hushon Chief Executive Chief Executive Officer El Paso Energy International 1001 Louisiana Street Officer, El Paso Europe Company Houston, Texas 77002 El Paso Europe 1001 Louisiana Street Houston, Texas 77002 Greg C. Jenkins President of El President of El Paso El Paso Global Networks Company 1001 Louisiana Street Paso Global Global 1001 Louisiana Street Houston, Texas 77002 Networks Company Networks Company Houston, Texas 77002 Robert G. Phillips President of El President of El Paso Field El Paso Field Services, L.P. 1001 Louisiana Street Paso Field Services, L.P. 1001 Louisiana Street Houston, Texas 77002 Services, L.P. Houston, Texas 77002 James C. Yardley President, Southern President, Southern Southern Natural Gas Company 1001 Louisiana Street Natural Gas Company Natural 1001 Louisiana Street Houston, Texas 77002 Gas Company Houston, Texas 77002 John B. Holmes, Jr. Chief Operating Chief Operating Officer of El Paso Merchant Energy North 1001 Louisiana Street Officer Merchant Energy Group America Company Houston, Texas 77002 Merchant Energy 1001 Louisiana Street Group Houston, Texas 77002 Stephen C. Beasley President, President, Tennessee Gas Tennessee Gas Pipeline Company 1001 Louisiana Street Tennessee Gas Pipeline 1001 Louisiana Street Houston, Texas 77002 Pipeline Company Company Houston, Texas 77002 James J. Cleary President, ANR President of ANR Pipeline ANR Pipeline Company 1001 Louisiana Street Pipeline Company 1001 Louisiana Street Houston, Texas 77002 Company Houston, Texas 77002 Byron Kelly President, El Paso President, El Paso Energy El Paso Energy International 1001 Louisiana Street Energy International Company Company Houston, Texas 77002 International 1001 Louisiana Street Company Houston, Texas 77002 Tom Wade President, Merchant President, Merchant Energy Coastal States Crude Gathering 1001 Louisiana Street Energy Petroleum Petroleum Markets Company Houston, Texas 77002 Markets 1001 Louisiana Street Houston, Texas 77002
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Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- Rod Erskine President President of El Paso El Paso Production Company 1001 Louisiana Street El Paso Production Production 1001 Louisiana Street Houston, Texas 77002 Company Company Houston, Texas 77002 Byron Allumbaugh Director Retired Chairman 33 Ridgeline Drive 33 Ridgeline Drive Ralphs Grocery Company Newport Beach, CA 92660 Newport Beach, CA 92660 John M. Bissell Director Chairman of the Board of Bissell Inc. 2345 Walker Ave. N.W. Bissell Inc. 2345 Walker Avenue, N.W. Grand Rapids, MI 49501 Grand Rapids, MI 49501 Juan Carlos Braniff Director Vice Chairman Universidad 1200 Universidad 1200 Grupo Financiero Bancomer Col. XOCO Col. XOCO Mexico, D.F.C.P. 03399 Mexico, D.F.C.P. 03339 James F. Gibbons Director Professor at Stanford Stanford University Stafford University University Paul G. Allen Center Paul G. Allen Center for School of Engineering for Integrated Systems Integrated Systems Room 201 ( Mail Stop 4075) Room 201 (M.S. 4075) Stanford, CA 94305 Stanford, CA 94305 Anthony W. Hall, Jr. Director City Attorney City of Houston 900 Bagby, 4th Floor City of Houston, Texas 900 Bagby, 4th Floor Houston, Texas 77002 Houston, Texas 77002 Ronald L. Kuhn, Jr Director Business Consultant El Paso Corporation 1001 Louisiana Street 1001 Louisiana Street Houston, Texas 77002 Houston, Texas 77002 J. Carleton MacNeil Jr. Director Securities Consultant 3421 Spanish Trail 3421 Spanish Trail Apt. 227D Apt. 227D Delray, Florida 33483 Delray, Florida 33483 Thomas R. McDade Director Senior Partner, McDade, McDade, Fogler, Maines, L.L.P. Two Houston Center Fogler, Two Houston Center 909 Fannin, Suite 1200 Maines, L.L.P. 909 Fannin, Suite 1200 Houston, TX 77010 Houston, Texas 77010 Malcolm Wallop Director Frontiers of Freedom Frontiers of Freedom Foundation Frontiers of Freedom Foundation Foundation 12011 Lee Jackson Memorial Hwy. 12011 Lee Jackson Memorial Hwy. Fairfax, VA 22033 Fairfax, VA 22033
I-5
Name, Principal Business Address Name and Capacity in Principal of Organization in which Business Address Which Serves Occupation Principal Occupation is Conducted ---------------- ------------ ---------- --------------------------------- Joe B. Wyatt Director Chancellor Emeritus Vanderbilt University 2525 West End Ave., Vanderbilt University 2525 West End Ave., Suite 1410 Suite 1410 Nashville, TN 37203 Nashville, TN 37203
(d) Neither EnCap III, EnCap Acquisition III-B, EnCap III-B, EnCap Investments, El Paso Corporation, El Paso Merchant Energy, nor any of the individuals identified in this Schedule I has, to the knowledge of the reporting persons, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Neither EnCap III, EnCap Acquisition III-B, EnCap III-B,, EnCap Investments, El Paso Corporation, El Paso Merchant Energy, nor any of the individuals identified in this Schedule I has, to the knowledge of the reporting persons, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and a result of such proceeding was or is subject to 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 laws. (f) To the knowledge of the reporting person each of the individuals identified in this Schedule I is a citizen of the United States of America, with the exception of Juan Carlos Braniff, who is a citizen of Mexico. I-6 EXHIBIT INDEX Exhibit No. Description ----------- ----------- Exhibit 10.9 - Master Assignment and Assumption Agreement dated May 22, 2001 among ECIC Corporation, EnCap Energy Capital Fund III, L.P., EnCap Energy Acquisition III-B, Inc., BOCP Energy Partners, L.P., and Pel-Tex Partners L.L.C. Exhibit 10.10 - Agreement to Dissolve W/E Energy Company L.L.C. dated November 28, 2001 among EnCap Energy Capital Fund III, L.P., EnCap Energy Capital Fund III-B, L.P., ECIC Corporation, and BOCP Energy Partners, L.P.