-----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, C5UNNfGiTuAcdsbKaKT0CggbIZdhbQk1TP4pvhrXvAn+va4SkVKqGiHjz65QL4n0 uQDINQu6O/eS5zHUM2vwKQ== 0001362310-09-008191.txt : 20090526 0001362310-09-008191.hdr.sgml : 20090525 20090526160700 ACCESSION NUMBER: 0001362310-09-008191 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090526 DATE AS OF CHANGE: 20090526 GROUP MEMBERS: NEIL E. KELLEY GROUP MEMBERS: SARACEN ENERGY ADVISORS LP GROUP MEMBERS: SARACEN ENERGY OFFSHORE LTD. GROUP MEMBERS: SARACEN LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BioFuel Energy Corp. CENTRAL INDEX KEY: 0001373670 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 205952523 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82940 FILM NUMBER: 09851997 BUSINESS ADDRESS: STREET 1: 1801 BROADWAY, SUITE 1060 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-592-8110 MAIL ADDRESS: STREET 1: 1801 BROADWAY, SUITE 1060 CITY: DENVER STATE: CO ZIP: 80202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Saracen Energy Advisors, LP CENTRAL INDEX KEY: 0001427128 IRS NUMBER: 202220812 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: FIVE GREENWAY PLAZA STREET 2: SUITE 1310 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 713.285.2900 MAIL ADDRESS: STREET 1: FIVE GREENWAY PLAZA STREET 2: SUITE 1310 CITY: HOUSTON STATE: TX ZIP: 77046 SC 13G/A 1 c86105sc13gza.htm SCHEDULE 13G - AMENDMENT NO. 1 Schedule 13G - Amendment No. 1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

BioFuel Energy Corp.
(Name of Issuer)
Shares of Common Stock, par value $0.01 per share
(Title of Class of Securities)
09064Y109
(CUSIP Number)
December 31, 2009
(Date of Event Which Requires Filing of this Statement)

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

     þ Rule 13d-1(b)

     o 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 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).

 
 

 

                     
CUSIP No.
  
09064Y109 
  
 
      
 

 

           
1   NAMES OF REPORTING PERSONS
    Saracen LLC
72-1580160 
     
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
   
  Texas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 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 (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

2

 

                     
CUSIP No.
  
09064Y109 
  
 
      
 

 

           
1   NAMES OF REPORTING PERSONS
    Saracen Energy Advisors LP
20-2220812 
     
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
   
  Texas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 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 (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

3

 

                     
CUSIP No.
  
09064Y109 
  
 
      
 

 

           
1   NAMES OF REPORTING PERSONS
    Saracen Energy Offshore Ltd. 
     
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
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 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 (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

4

 

                     
CUSIP No.
  
09064Y109 
  
 
      
 

 

           
1   NAMES OF REPORTING PERSONS
    Neil E. Kelley 
     
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
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 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 (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

5

 

SCHEDULE 13G/A
This Amendment No. 1 to Schedule 13G (this “Amendment”) is being filed as an amendment to the initial statement on Schedule 13G relating to shares of common stock, par value $0.01 per share (the “Common Stock”) of BioFuel Energy Corp., a Delaware corporation (the “Issuer”), filed with the Securities and Exchange Commission on February 25, 2008 (the “Original 13G”).
This Amendment is filed on behalf of Saracen LLC, a Texas limited liability company (“Saracen LLC”), Saracen Energy Advisors LP, a Texas limited partnership (“Saracen Energy Advisors”), Saracen Energy Offshore Ltd., a Cayman Island exempted company (the “Offshore Fund”), and Neil E. Kelley (the “Principal”). Saracen LLC is controlled by the Principal and acts as the general partner of Saracen Energy Advisors, which is the investment manager for the Offshore Fund. Saracen LLC, together with Saracen Energy Advisors, the Offshore Fund and the Principal are referred to herein as the “Reporting Persons.” This Amendment is being filed to report that all shares of the Common Stock of the Issuer held by the Reporting Persons were sold in April, 2009.
Item 2(a)  
Name of Person Filing.
Item 2(a) of the Original 13G is hereby amended and restated to read as follows:
  (1)  
Saracen LLC
 
  (2)  
Saracen Energy Advisors LP
 
  (3)  
Saracen Energy Offshore Ltd.
 
  (4)  
Neil E. Kelley
Item 2(c)  
Citizenship or Place of Organization.
Item 2(c) of the Original 13G is hereby amended and restated to read as follows:
  (1)  
Saracen LLC is a Texas limited liability company.
 
  (2)  
Saracen Energy Advisors LP is a Texas limited partnership.
 
  (3)  
Saracen Energy Offshore Ltd. is a Cayman Islands exempted company.
 
  (4)  
Neil E. Kelley is a U.S. citizen.
Item 4  
Ownership.
Item 4 of the Original 13G is hereby amended and restated to read as follows:
  (a)  
Saracen LLC, Saracen Energy Advisors, Saracen Energy Offshore and Neil E. Kelley may be deemed the beneficial owners of 0 shares of Common Stock of the Issuer.
 
  (b)  
Saracen LLC, Saracen Energy Advisors, Saracen Energy Offshore and Neil E. Kelley may be deemed the beneficial owners of 0.0 % of the outstanding shares of Common Stock of the Issuer.

 

6

 

  (c)  
Saracen LLC, Saracen Energy Advisors, Saracen Energy Offshore and Neil E. Kelley do not have sole or shared power to vote or dispose of any shares of Common Stock of the Issuer.
Item 5  
Ownership of Five Percent or Less of a Class.
Item 5 of the Original 13G is hereby amended and restated to read as follows:
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 equity securities, check the following: þ .
Item 10  
Certification.
By signing below each of the Reporting Persons certifies that, to the best of such person’s knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and were 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.

 

7

 

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: May 26, 2009
         
  SARACEN LLC
 		  
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
  SARACEN ENERGY ADVISORS LP
 		  
  By:   Saracen LLC    
    its general partner   
     
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
  SARACEN ENERGY OFFSHORE LTD.
 		  
  By:   Saracen LLC    
    Director   
     
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
     
  /s/ Neil E. Kelley    
  Neil E. Kelley   
     
 

 

8

 

EXHIBIT 2
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, par value $0.01 per share, of BioFuel Energy Corp, a Delaware Corp., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.
The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
[Signature Page Follows]

 

9

 

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of May 26, 2009.
         
  SARACEN LLC
 		  
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
  SARACEN ENERGY ADVISORS LP
 		  
  By:   Saracen LLC    
    its general partner   
     
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
  SARACEN ENERGY OFFSHORE LTD.
 		  
  By:   Saracen LLC    
    Director   
     
  By:   /s/ Neil E. Kelley    
    Name:   Neil E. Kelley   
    Title:   Manager   
 
     
  /s/ Neil E. Kelley    
  Neil E. Kelley   
     
 

 

10

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