SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LONGVIEW FUND LP

(Last) (First) (Middle)
600 MONTGOMERY STREET
44TH FLOOR

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONTERRA RESOURCES, INC. [ SOTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/14/2008 P 21,846,558 A (1) 24,075,120(2) D(3)
Common Stock 339,066(2) D(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant - Right to Purchase $0.3021 02/14/2008 P 4,958,678 (5) 02/14/2013 Common Stock 4,958,678 (1) 4,958,678 D(3)
1. Name and Address of Reporting Person*
LONGVIEW FUND LP

(Last) (First) (Middle)
600 MONTGOMERY STREET
44TH FLOOR

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
LONGVIEW FUND INTERNATIONAL LTD

(Last) (First) (Middle)
C/O NEMOURS TRUSTEES LIMITED
NEMOURS CHAMBERS QUOMAR COMPLEX 4F

(Street)
ROAD TOWN, TORTOLA D8 VG1110

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VIKING ASSET MANAGEMENT LTD

(Last) (First) (Middle)
C/O NEMOURS CHAMBERS
QUOMAR COMPLEX 4F

(Street)
ROAD TOWN, TORTOLA D8 VG1110

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VIKING ASSET MANAGEMENT LLC

(Last) (First) (Middle)
600 MONTGOMERY STREET
44TH FLOOR

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BENZ PETER

(Last) (First) (Middle)
600 MONTGOMERY STREET
44TH FLOOR

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. After the Reverse Split (defined below), Longview acquired from the registrant 21,846,558 shares of the registrant's Common Stock and a warrant to purchase 4,958,678 shares of the registrant's Common Stock, in exchange for all of Longview's shares of common stock of Sonterra Oil & Gas, Inc. (f/k/a/ Sonterra Resources, Inc. ("Old Sonterra")), a note from Old Sonterra in the principal amount of $5,990,010 and a warrant to purchase 50 shares of Old Sonterra common stock.
2. Reflects shares on a post-split basis, after a 1-for-10 reverse split of the registrant's Common Stock effective February 14, 2008 (the "Reverse Split").
3. Securities owned directly by Longview.
4. Securities owned directly by LFI.
5. Immediately.
The Longview Fund, L.P. /s/ 02/19/2008
Longview Fund International, Ltd. /s/ 02/19/2008
Viking Asset Management, LLC /s/ 02/19/2008
Viking Asset Management, Ltd. /s/ 02/19/2008
Peter Benz /s/ 02/19/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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