-----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, PrH6Z47tm9OZeRYpsG4OgoSFDqUYeqF2sjvcTQs5yCSvuShOfoxTRPhjGPJT85Zu vZbhIRGTxeDZtiU6NgBUgA== 0000929638-09-000147.txt : 20090206 0000929638-09-000147.hdr.sgml : 20090206 20090206124746 ACCESSION NUMBER: 0000929638-09-000147 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090206 DATE AS OF CHANGE: 20090206 GROUP MEMBERS: CAMBRIAN CAPITAL, LLC GROUP MEMBERS: CAMCAP ENERGY OFFSHORE MASTER FUND, L.P. GROUP MEMBERS: CAMCAP ENERGY PARTNERS, LLC GROUP MEMBERS: CAMCAP RESOURCES OFFSHORE MASTER FUND, L.P. GROUP MEMBERS: CAMCAP RESOURCES PARTNERS, LLC GROUP MEMBERS: ERNST VON METZSCH GROUP MEMBERS: ROLAND VON METZSCH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Challenger Energy Corp CENTRAL INDEX KEY: 0001364644 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83901 FILM NUMBER: 09575811 BUSINESS ADDRESS: STREET 1: 400 3RD AVENUE S.W. STREET 2: SUITE 3300 CITY: CALGARY STATE: A0 ZIP: T2P 4H2 BUSINESS PHONE: 403-503-8813 MAIL ADDRESS: STREET 1: 400 3RD AVENUE S.W. STREET 2: SUITE 3300 CITY: CALGARY STATE: A0 ZIP: T2P 4H2 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Cambrian Capital Limited Partnership CENTRAL INDEX KEY: 0001387814 IRS NUMBER: 510556326 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 45 COOLIDGE POINT CITY: MANCHESTER STATE: MA ZIP: 01944 BUSINESS PHONE: 978 526 7010 MAIL ADDRESS: STREET 1: 45 COOLIDGE POINT CITY: MANCHESTER STATE: MA ZIP: 01944 SC 13G/A 1 cambrian13g_challenger022009.htm SCHEDULE 13G AMENDMENT - CHALLENGER ENERGY CORP.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number:      3235-0145

Expires:     February 28, 2009

Estimated average burden

hours per response...       10.4

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

                                                                                     

Challenger Energy Corp.

(Name of Issuer)

 

Common Shares, no par value

(Title of Class of Securities)

 

15758N101

(CUSIP Number)

 

December 31, 2008

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

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 previously 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 (the “Act”) or otherwise subject to the liabilities of that section of the act but shall be subject to all other provisions of the Act.

 


 

1

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only)

CamCap Resources Offshore Master Fund, L.P.

CamCap Resources Partners, LLC

CamCap Energy Offshore Master Fund, L.P.

CamCap Energy Partners, LLC

Cambrian Capital L.P.

Cambrian Capital, LLC

Ernst von Metzsch

Roland von Metzsch

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)         o

 

(b)         o

3

SEC Use Only

4

Citizenship or Place of Organization.

CamCap Resources Offshore Master Fund, L.P. – Cayman Islands

CamCap Resources Partners, LLC – Delaware

CamCap Energy Offshore Master Fund, L.P. – Cayman Islands

CamCap Energy Partners, LLC – Delaware

Cambrian Capital L.P. – Massachusetts

Cambrian Capital, LLC – Massachusetts

Ernst von Metzsch – United States

Roland von Metzsch – United States

 

 


 

Number

of Shares

Beneficially

Owned by

Each

Reporting

Person With

5  Sole Voting Power

CamCap Resources Offshore Master Fund, L.P. – 0 shares

CamCap Resources Partners, LLC – 0 shares

CamCap Energy Offshore Master Fund, L.P. – 0 shares

CamCap Energy Partners, LLC – 0 shares

Cambrian Capital L.P. – 0 shares

Cambrian Capital, LLC – 0 shares

Ernst von Metzsch – 0 shares

Roland von Metzsch – 0 shares

6  Shared Voting Power

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

7  Sole Dispositive Power

CamCap Resources Offshore Master Fund, L.P. – 0 shares

CamCap Resources Partners, LLC – 0 shares

CamCap Energy Offshore Master Fund, L.P. – 0 shares

CamCap Energy Partners, LLC – 0 shares

Cambrian Capital L.P. – 0 shares

Cambrian Capital, LLC – 0 shares

Ernst von Metzsch – 0 shares

Roland von Metzsch – 0 shares

8  Shared Dispositive Power

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

9

Aggregate Amount Beneficially Owned by Each Reporting Person

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

 

11

Percent of Class Represented by Amount in Row (9)

CamCap Resources Offshore Master Fund, L.P. – 8.1%

CamCap Resources Partners, LLC – 8.1%

CamCap Energy Offshore Master Fund, L.P. – 8.5%

CamCap Energy Partners, LLC – 8.5%

Cambrian Capital L.P. – 16.2%

Cambrian Capital, LLC – 16.2%

Ernst von Metzsch – 16.2%

Roland von Metzsch – 16.2%

 

12

Type of Reporting Person (See Instructions)

CamCap Resources Offshore Master Fund, L.P. – OO (Limited Partnership)

CamCap Resources Partners, LLC – OO (Limited Liability Company)

CamCap Energy Offshore Master Fund, L.P. – OO (Limited Partnership)

CamCap Energy Partners, LLC – OO (Limited Liability Company)

Cambrian Capital L.P. – IA, OO (Limited Partnership)

Cambrian Capital, LLC – OO (Limited Liability Company)

Ernst von Metzsch – IN

Roland von Metzsch – IN

 

 

 


Item 1.

(a)

Name of Issuer

 

Challenger Energy Corp.

(b)

Address of Issuer’s Principal Executive Offices

 

Suite 200, 744 – 4th Avenue S.W., Calgary, Alberta, Canada T2P 3T4

 

Item 2.

(a)

Name of Person Filing

 

CamCap Resources Offshore Master Fund, L.P.

CamCap Resources Partners, LLC

CamCap Energy Offshore Master Fund, L.P.

CamCap Energy Partners, LLC

Cambrian Capital L.P.

Cambrian Capital, LLC

Ernst von Metzsch

Roland von Metzsch

(b)

Address of Principal Business Office or, if none, Residence

 

CamCap Resources Offshore Master Fund, L.P.

CamCap Resources Partners, LLC

CamCap Energy Offshore Master Fund, L.P.

CamCap Energy Partners, LLC

Cambrian Capital L.P.

Cambrian Capital, LLC

Ernst von Metzsch

Roland von Metzsch

c/o Cambrian Capital L.P.

45 Coolidge Point

Manchester, MA 01944

(c)

Citizenship

 

CamCap Resources Offshore Master Fund, L.P. – Cayman Islands

CamCap Resources Partners, LLC – Delaware

CamCap Energy Offshore Master Fund, L.P. – Cayman Islands

CamCap Energy Partners, LLC – Delaware

Cambrian Capital L.P. – Massachusetts

Cambrian Capital, LLC – Massachusetts

Ernst von Metzsch – United States

Roland von Metzsch – United States

(d)

Title of Class of Securities

 

Common Shares, no par value

(e)

CUSIP Number

 

15758N101

 

 


Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance Company as defined in Section 3(a)(19) of the Act

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item 4.

Ownership**

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount Beneficially Owned

 

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

(b)

Percent of Class

 

CamCap Resources Offshore Master Fund, L.P. – 8.1%

CamCap Resources Partners, LLC – 8.1%

CamCap Energy Offshore Master Fund, L.P. – 8.5%

CamCap Energy Partners, LLC – 8.5%

Cambrian Capital L.P. – 16.2%

Cambrian Capital, LLC – 16.2%

Ernst von Metzsch – 16.2%

Roland von Metzsch – 16.2%

(c)

Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

 

 


 

 

 

CamCap Resources Offshore Master Fund, L.P. – 0 shares

CamCap Resources Partners, LLC – 0 shares

CamCap Energy Offshore Master Fund, L.P.

CamCap Energy Partners, LLC – 0 shares

Cambrian Capital L.P. – 0 shares

Cambrian Capital, LLC – 0 shares

Ernst von Metzsch – 0 shares

Roland von Metzsch – 0 shares

 

(ii)

shared power to vote or to direct the vote

 

 

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

 

(iii)

sole power to dispose or to direct the disposition of

 

 

CamCap Resources Offshore Master Fund, L.P. – 0 shares

CamCap Resources Partners, LLC – 0 shares

CamCap Energy Offshore Master Fund, L.P.

CamCap Energy Partners, LLC – 0 shares

Cambrian Capital L.P. – 0 shares

Cambrian Capital, LLC – 0 shares

Ernst von Metzsch – 0 shares

Roland von Metzsch – 0 shares

 

(iv)

shared power to dispose or to direct the disposition of

 

 

CamCap Resources Offshore Master Fund, L.P. – 4,403,340 shares

CamCap Resources Partners, LLC – 4,403,340 shares

CamCap Energy Offshore Master Fund, L.P. – 4,622,008 shares

CamCap Energy Partners, LLC – 4,622,008 shares

Cambrian Capital L.P. – 9,025,348 shares

Cambrian Capital, LLC – 9,025,348 shares

Ernst von Metzsch – 9,025,348 shares

Roland von Metzsch – 9,025,348 shares

 

** Shares reported herein for CamCap Resources Offshore Master Fund, L.P. (the “Resources Master Fund”) represent shares beneficially owned by the Resources Master Fund. Shares reported herein for CamCap Resources Partners, LLC (“CCRP”) represent shares beneficially owned by the Resources Master Fund, for which CCRP serves as general partner. Shares reported herein for CamCap Energy Offshore Master Fund, L.P. (the “Energy Master Fund”) represent shares beneficially owned by the Energy Master Fund. Shares reported herein for CamCap Energy Partners, LLC (“CCEP”) represent shares beneficially owned by the Energy Master Fund, for which CCEP serves as general partner. Cambrian Capital, L.P. (“CCLP”) serves as the investment manager to the Energy Master Fund and the Resources Master Fund, and shares reported herein for CCLP represent the above-referenced shares beneficially owned by the Energy Master Fund and the Resources Master Fund. Cambrian Capital, LLC (“CCLLC”) is the general partner of CCLP. Ernst von Metzsch and Roland von Metzsch are the managers of each of CCLLC, CCEP and CCRP, and in such capacities may be deemed to have voting and investment control over the shares reported herein for such entities. The shares reported herein include both shares currently held and shares issuable upon exercise of

 


certain warrants currently held and exercisable within 60 days. Each of the Reporting Persons disclaims beneficial ownership of all shares except to the extent of its pecuniary interest therein.

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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following

o.

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 acquired and are held in the ordinary course of business and 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.

 


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.

February 6, 2009

 

 

CAMCAP RESOURCES OFFSHORE MASTER FUND, L.P.

By: Cambrian Capital, L.P.,

Its Investment Manager

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

CAMCAP RESOURCES PARTNERS, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

CAMCAP ENERGY OFFSHORE MASTER FUND, L.P.

By: Cambrian Capital, L.P.,

Its Investment Manager

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

CAMCAP ENERGY PARTNERS, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

CAMBRIAN CAPITAL, L.P.

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

CAMBRIAN CAPITAL, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

 


 

 

ERNST VON METZSCH

/s/ Ernst von Metzsch

 

 

 

 

ROLAND VON METZSCH

/s/ Roland von Metzsch

 

 

 


Exhibit 1

JOINT FILING AGREEMENT

This Joint Filing Agreement, dated as of December 11, 2008, is by and among CamCap Resources Offshore Master Fund, L.P., CamCap Resources Partners, LLC, CamCap Energy Offshore Master Fund, L.P., CamCap Energy Partners, LLC, Cambrian Capital, L.P., Cambrian Capital, LLC, Ernst von Metzsch, an individual, and Roland von Metzsch, an individual (the foregoing are collectively referred to herein as the “Filers”).

Each of the Filers may be required to file with the United States Securities and Exchange Commission a statement on Schedule 13G and/or 13D with respect to Common Shares, no par value, of Challenger Energy Corp. beneficially owned by them from time to time.

Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.

This Joint Filing Agreement may be terminated by any of the Filers upon one week’s prior written notice or such lesser period of notice as the Filers may mutually agree.

 

Executed and delivered as of the date first above written.

 

 

CAMCAP RESOURCES OFFSHORE MASTER FUND, L.P.

By: Cambrian Capital, L.P.,

Its Investment Manager

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

CAMCAP RESOURCES PARTNERS, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

CAMCAP ENERGY OFFSHORE MASTER FUND, L.P.

By: Cambrian Capital, L.P.,

Its Investment Manager

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

 


 

 

CAMCAP ENERGY PARTNERS, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

CAMBRIAN CAPITAL, L.P.

By: /s/ Karen Durante

Karen Durante

Chief Financial Officer

 

 

 

CAMBRIAN CAPITAL, LLC

By: /s/ Roland von Metzsch

Roland von Metzsch

Manager

 

 

 

ERNST VON METZSCH

/s/ Ernst von Metzsch

 

 

 

ROLAND VON METZSCH

/s/ Roland von Metzsch

 

 

 

 

 

-----END PRIVACY-ENHANCED MESSAGE-----