1. NAME OF REPORTING PERSON
SPO Partners II, L.P.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
WC
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
8,782,900 (1)
|
|
8. SHARED VOTING POWER
-0-
|
||
9. SOLE DISPOSITIVE POWER
8,782,900 (1)
|
||
10. SHARED DISPOSITIVE POWER
-0-
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,782,900
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
|
||
14. TYPE OF REPORTING PERSON
PN
|
(1)
|
Power is exercised through its sole general partner, SPO Advisory Partners, L.P.
|
1. NAME OF REPORTING PERSON
SPO Advisory Partners, L.P.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
8,782,900 (1) (2)
|
|
8. SHARED VOTING POWER
-0-
|
||
9. SOLE DISPOSITIVE POWER
8,782,900 (1) (2)
|
||
10. SHARED DISPOSITIVE POWER
-0-
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,782,900
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
|
||
14. TYPE OF REPORTING PERSON
PN
|
(1)
|
Solely in its capacity as the sole general partner of SPO Partners II, L.P.
|
(2)
|
Power is exercised through its sole general partner, SPO Advisory Corp.
|
1. NAME OF REPORTING PERSON
San Francisco Partners, L.P.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
WC
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
California
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
548,600 (1)
|
|
8. SHARED VOTING POWER
-0-
|
||
9. SOLE DISPOSITIVE POWER
548,600 (1)
|
||
10. SHARED DISPOSITIVE POWER
-0-
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
548,600
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
|
||
14. TYPE OF REPORTING PERSON
PN
|
(1)
|
Power is exercised through its sole general partner, SF Advisory Partners, L.P.
|
1. NAME OF REPORTING PERSON
SF Advisory Partners, L.P.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
548,600 (1) (2)
|
|
8. SHARED VOTING POWER
-0-
|
||
9. SOLE DISPOSITIVE POWER
548,600 (1) (2)
|
||
10. SHARED DISPOSITIVE POWER
-0-
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
548,600
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
|
||
14. TYPE OF REPORTING PERSON
PN
|
(1)
|
Solely in its capacity as the sole general partner of San Francisco Partners, L.P.
|
(2)
|
Power is exercised through its sole general partner, SPO Advisory Corp.
|
1. NAME OF REPORTING PERSON
SPO Advisory Corp.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
9,331,500 (1) (2)
|
|
8. SHARED VOTING POWER
-0-
|
||
9. SOLE DISPOSITIVE POWER
9,331,500 (1) (2)
|
||
10. SHARED DISPOSITIVE POWER
-0-
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,331,500
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.2%
|
||
14. TYPE OF REPORTING PERSON
CO
|
(1)
|
Solely in its capacity as the sole general partner of SPO Advisory Partners, L.P. with respect to 8,782,900 Shares; and solely in its capacity as the sole general partner of SF Advisory Partners, L.P. with respect to 548,600 Shares.
|
(2)
|
Power is exercised through its three controlling persons, John H. Scully, Edward H. McDermott and Eli J. Weinberg.
|
1. NAME OF REPORTING PERSON
John H. Scully
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
779,500 (1)
|
|
8. SHARED VOTING POWER
9,331,500 (2)
|
||
9. SOLE DISPOSITIVE POWER
779,500 (1)
|
||
10. SHARED DISPOSITIVE POWER
9,331,500 (2)
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,111,000
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.0%
|
||
14. TYPE OF REPORTING PERSON
IN
|
(1)
|
Of these Shares, 81,500 Shares may be deemed beneficially owned by Mr. Scully in his capacity as controlling person, director and executive officer of the Phoebe Snow Foundation, Inc.; and 698,000 Shares may be deemed beneficially owned by Mr. Scully in his capacity as controlling person, director and executive officer of the Scully Memorial Foundation.
|
(2)
|
These Shares may be deemed to be beneficially owned by Mr. Scully solely in his capacity as one of three controlling persons of SPO Advisory Corp.
|
1. NAME OF REPORTING PERSON
Edward H. McDermott
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
PF and Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
13,000
|
|
8. SHARED VOTING POWER
9,331,500 (1)
|
||
9. SOLE DISPOSITIVE POWER
13,000
|
||
10. SHARED DISPOSITIVE POWER
9,331,500 (1)
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,344,500
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.2%
|
||
14. TYPE OF REPORTING PERSON
IN
|
(1)
|
These Shares may be deemed to be beneficially owned by Mr. McDermott solely in his capacity as one of three controlling persons of SPO Advisory Corp.
|
1. NAME OF REPORTING PERSON
Eli J. Weinberg
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
Not Applicable
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
0
|
|
8. SHARED VOTING POWER
9,331,500 (1)
|
||
9. SOLE DISPOSITIVE POWER
0
|
||
10. SHARED DISPOSITIVE POWER
9,331,500 (1)
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,331,500
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.2%
|
||
14. TYPE OF REPORTING PERSON
IN
|
(1)
|
These Shares may be deemed to be beneficially owned by Mr. Weinberg solely in his capacity as one of three controlling persons of SPO Advisory Corp.
|
1. NAME OF REPORTING PERSON
Ian R. McGuire
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
PF
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
1,842
|
|
8. SHARED VOTING POWER
0
|
||
9. SOLE DISPOSITIVE POWER
1,842
|
||
10. SHARED DISPOSITIVE POWER
0
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,842
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
**0.1%
|
||
14. TYPE OF REPORTING PERSON
IN
|
**
|
Denotes less than.
|
1. NAME OF REPORTING PERSON
Phoebe Snow Foundation, Inc.
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
WC
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
California
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
81,500 (1)
|
|
8. SHARED VOTING POWER
0
|
||
9. SOLE DISPOSITIVE POWER
81,500 (1)
|
||
10. SHARED DISPOSITIVE POWER
0
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
81,500
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
**0.1%
|
||
14. TYPE OF REPORTING PERSON
CO
|
**
|
Denotes less than.
|
(1)
|
Power is exercised through its controlling person, director and executive officer, John H. Scully.
|
1. NAME OF REPORTING PERSON
Scully Memorial Foundation
|
||
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(b) x
|
|
3. SEC Use Only
|
||
4. SOURCE OF FUNDS
WC
|
||
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) o
|
||
6. CITIZENSHIP OR PLACE OF ORGANIZATION
California
|
||
Number of Shares
Beneficially
Owned By
Each
Reporting Person
With
|
7. SOLE VOTING POWER
698,000 (1)
|
|
8. SHARED VOTING POWER
0
|
||
9. SOLE DISPOSITIVE POWER
698,000 (1)
|
||
10. SHARED DISPOSITIVE POWER
0
|
||
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
698,000
|
||
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
||
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
|
||
14. TYPE OF REPORTING PERSON
CO
|
(1)
|
Power is exercised through its controlling person, director and executive officer, John H. Scully.
|
ITEM 3.
|
SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
|
Name
|
Source of Funds
|
Amount of Funds
|
SPO
|
Contributions from Partners
|
$126,031,344
|
SPO Advisory Partners
|
Not Applicable
|
Not Applicable
|
SFP
|
Contributions from Partners
|
$7,874,030
|
SF Advisory Partners
|
Not Applicable
|
Not Applicable
|
SPO Advisory Corp.
|
Not Applicable
|
Not Applicable
|
JHS
|
Not Applicable
|
Not Applicable
|
EHM
|
Not Applicable and Personal Funds (1)
|
$396,470
|
EJW
|
Not Applicable
|
Not Applicable
|
IRM
|
Personal Funds (1)
|
$59,902
|
PS Foundation
|
Contributions from Shareholders
|
$1,159,450
|
SM Foundation
|
Contributions from Shareholders
|
$19,911,920
|
(1)
|
As used herein, the term “Personal Funds” includes sums borrowed from banks and brokerage firm margin accounts, none of which were borrowed or otherwise obtained for the specified purpose of acquiring, holding, trading or voting Shares.
|
ITEM 5.
|
INTEREST IN SECURITIES OF THE ISSUER.
|
ITEM 7.
|
MATERIAL TO BE FILED AS EXHIBITS.
|
Dated: January 7, 2015
|
By: /s/ Kim M. Silva
Kim M. Silva
Attorney-in-Fact for:
SPO PARTNERS II, L.P. (1)
SPO ADVISORY PARTNERS, L.P. (1)
SAN FRANCISCO PARTNERS, L.P. (1)
SF ADVISORY PARTNERS, L.P. (1)
SPO ADVISORY CORP. (1)
JOHN H. SCULLY (1)
EDWARD H. MCDERMOTT (1)
ELI J. WEINBERG (1)
IAN R. MCGUIRE (1)
PHOEBE SNOW FOUNDATION, INC. (1)
SCULLY MEMORIAL FOUNDATION (1)
|
(1) A Power of Attorney authorizing Kim M. Silva to act on behalf of this person or entity has been previously filed with the Securities and Exchange Commission.
|
Reporting Person
|
Date of Transaction
|
Type
|
Class of Security
CS = Common Stock
|
Number of Shares
|
Weighted Average (1)
Price Per Share $ |
Where/How Transaction Effected
|
SPO Partners II, L.P.
|
12/30/14
|
Buy
|
CS
|
218,300
|
16.26(2)
|
Open Market/Broker
|
San Francisco Partners, L.P.
|
12/30/14
|
Buy
|
CS
|
13,600
|
16.26(2)
|
Open Market/Broker
|
Phoebe Snow Foundation, Inc.
|
12/30/14
|
Buy
|
CS
|
2,300
|
16.26(2)
|
Open Market/Broker
|
SPO Partners II, L.P.
|
12/31/14
|
Buy
|
CS
|
279,600
|
15.81(3)
|
Open Market/Broker
|
San Francisco Partners, L.P.
|
12/31/14
|
Buy
|
CS
|
17,400
|
15.81(3)
|
Open Market/Broker
|
Phoebe Snow Foundation, Inc.
|
12/31/14
|
Buy
|
CS
|
3,000
|
15.81(3)
|
Open Market/Broker
|
SPO Partners II, L.P.
|
1/2/15
|
Buy
|
CS
|
21,600
|
15.89(4)
|
Open Market/Broker
|
San Francisco Partners, L.P.
|
1/2/15
|
Buy
|
CS
|
1,300
|
15.89(4)
|
Open Market/Broker
|
Phoebe Snow Foundation, Inc.
|
1/2/15
|
Buy
|
CS
|
200
|
15.89(4)
|
Open Market/Broker
|
SPO Partners II, L.P.
|
1/5/15
|
Buy
|
CS
|
893,800
|
15.28(5)
|
Open Market/Broker
|
San Francisco Partners, L.P.
|
1/5/15
|
Buy
|
CS
|
57,000
|
15.28(5)
|
Open Market/Broker
|
Phoebe Snow Foundation, Inc.
|
1/5/15
|
Buy
|
CS
|
1,200
|
15.28(5)
|
Open Market/Broker
|
SPO Partners II, L.P.
|
1/6/15
|
Buy
|
CS
|
585,600
|
14.82(6)
|
Open Market/Broker
|
San Francisco Partners, L.P.
|
1/6/15
|
Buy
|
CS
|
37,300
|
14.82(6)
|
Open Market/Broker
|
Reporting Person
|
Date of Transaction
|
Type
|
Class of Security
CS = Common Stock
|
Number of Shares
|
Weighted Average (1)
Price Per Share $ |
Where/How Transaction Effected
|
Phoebe Snow Foundation, Inc.
|
1/6/15
|
Buy
|
CS
|
2,100
|
14.82(6)
|
Open Market/Broker
|
Exhibit
|
Document Description
|
A
|
Agreement Pursuant to Rule 13d-1(k)
|
B
|
Power of Attorney (previously filed)
|
Dated: January 7, 2015
|
By: /s/ Kim M. Silva
Kim M. Silva
Attorney-in-Fact for:
SPO PARTNERS II, L.P. (1)
SPO ADVISORY PARTNERS, L.P. (1)
SAN FRANCISCO PARTNERS, L.P. (1)
SF ADVISORY PARTNERS, L.P. (1)
SPO ADVISORY CORP. (1)
JOHN H. SCULLY (1)
EDWARD H. MCDERMOTT (1)
ELI J. WEINBERG (1)
IAN R. MCGUIRE (1)
PHOEBE SNOW FOUNDATION, INC. (1)
SCULLY MEMORIAL FOUNDATION (1)
(1) A Power of Attorney authorizing Kim M. Silva to act on behalf of this person or entity has been previously filed with the Securities and Exchange Commission.
|