-----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, VrKieAy9WdMd5FHrZc500uT3dfpTc7e0rnQDJn5O/XWVm8yZeDzdTc4LTYvZtehc HyAN8pcmCve4Zrq/ETjbDQ== 0001144204-10-050954.txt : 20100927 0001144204-10-050954.hdr.sgml : 20100927 20100927130514 ACCESSION NUMBER: 0001144204-10-050954 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100927 DATE AS OF CHANGE: 20100927 GROUP MEMBERS: JONATHAN BROOKS GROUP MEMBERS: SMITHWOOD ADVISERS, L.P. GROUP MEMBERS: SMITHWOOD GENERAL PARTNER, LLC GROUP MEMBERS: SMITHWOOD PARTNERS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RECOVERY ENERGY, INC. CENTRAL INDEX KEY: 0001437557 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85425 FILM NUMBER: 101090402 BUSINESS ADDRESS: STREET 1: 1515 WYNKOOP STREET STREET 2: SUITE 200 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 888-991-1114 MAIL ADDRESS: STREET 1: 1515 WYNKOOP STREET STREET 2: SUITE 200 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSAL HOLDINGS INC DATE OF NAME CHANGE: 20080612 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JMB Capital Partners Master Fund L.P. CENTRAL INDEX KEY: 0001408898 IRS NUMBER: 980543101 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1999 AVENUE OF THE STARS STREET 2: SUITE 2040 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-286-2929 MAIL ADDRESS: STREET 1: 1999 AVENUE OF THE STARS STREET 2: SUITE 2040 CITY: LOS ANGELES STATE: CA ZIP: 90067 SC 13G 1 v197517_sc13g.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2

(Amendment No. ­   )*

Recovery Energy, Inc.
(Name of Issuer)

Common Stock, $.0001 par value per share
(Title of Class of Securities)

75626X103
(CUSIP Number)


May 28, 2010
(Date of Event which Requires Filing of this Statement)

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

 
 Rule 13d-1(b)
   
X
 Rule 13d-1(c)
   
 
 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.  75626X103
13G
Page 2 of 12 Pages
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
JMB Capital Partners Master Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)   [  ]
 (b)   [  ]
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
 
                              
NUMBER OF
5
SOLE VOTING POWER
 
0
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
3,333,333
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
0
WITH
 
 
8
SHARED DISPOSITIVE POWER
 
3,333,333
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,333,333
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  [X]
See Item 4 herein.
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
PN

 
 

 
 
CUSIP No.  75626X103
13G
Page 3 of 12 Pages
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Smithwood Advisers, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)   [  ]
 (b)   [  ]
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
California
 
 
                              
NUMBER OF
5
SOLE VOTING POWER
 
0
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
3,333,333
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
0
WITH
 
 
8
SHARED DISPOSITIVE POWER
 
3,333,333
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,333,333
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  [X]
See Item 4 herein.
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
PN

 
 

 
 
CUSIP No.  75626X103
13G
Page 4 of 12 Pages
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Smithwood General Partner, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)   [  ]
 (b)   [  ]
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
California
 
 
                              
NUMBER OF
5
SOLE VOTING POWER
 
0
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
3,333,333
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
0
WITH
 
 
8
SHARED DISPOSITIVE POWER
 
3,333,333
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,333,333
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  [X]
See Item 4 herein.
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
OO

 
 

 
 
CUSIP No.  75626X103
13G
Page 5 of 12 Pages
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Smithwood Partners, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)   [  ]
 (b)   [  ]
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
California
 
 
                              
NUMBER OF
5
SOLE VOTING POWER
 
0
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
3,333,333
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
0
WITH
 
 
8
SHARED DISPOSITIVE POWER
 
3,333,333
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,333,333
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  [X]
See Item 4 herein.
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
OO

 
 

 
 
CUSIP No.  75626X103
13G
Page 6 of 12 Pages
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Jonathan Brooks
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)   [  ]
 (b)   [  ]
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
 
 
                              
NUMBER OF
5
SOLE VOTING POWER
 
0
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
3,333,333
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
0
WITH
 
 
8
SHARED DISPOSITIVE POWER
 
3,333,333
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,333,333
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  [X]
See Item 4 herein.
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
IN
 
 
 

 
 
CUSIP No.  75626X103
13G
Page 7 of 12 Pages
 
Item 1.

(a)
Name of Issuer
   
 
Recovery Energy, Inc.

(b)
Address of Issuer’s Principal Executive Offices
   
 
1515 Wynkoop Street, Suite 200
 
Denver, CO  80202
 
Item 2.

(a)
Name of Person Filing
   
 
JMB Capital Partners Master Fund L.P. (the “Fund”)
 
Smithwood Advisers, L.P. (“Advisers”)
 
Smithwood General Partner, LLC (“Smithwood GP”)
 
Smithwood Partners, LLC (“Partners”)
 
Jonathan Brooks (“Brooks”)
   
 
(collectively hereinafter referred to as the “Reporting Persons”)
   
 
Mr. Brooks is the Managing Member of Partners, which is the General Partner of the Fund.
 
Mr. Brooks is also the controlling owner and Managing Member of Smithwood GP, which is the General Partner of Advisers, the Fund’s investment adviser.
   
 
The Fund directly owns the shares of Common Stock to which this Schedule 13G relates (the “Shares”). Each of Advisers, Smithwood GP, Partners and Brooks by virtue of their relationships to the Fund may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the Shares directly owned by the Fund, but each disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
 
(b)
Address of Principal Business Office or, if none, Residence
   
 
c/o Smithwood Advisers, L.P.
 
1999 Avenue of the Stars, Suite 2040
 
Los Angeles, CA  90067

(c)
Citizenship
   
 
The Fund is a limited partnership formed and existing under the laws of the Cayman Islands.
 
Advisers is a limited partnership formed and existing under the laws of the State of California.
 
Smithwood GP is a limited liability company formed and existing under the laws of the State of California.
 
Partners is a limited liability company formed and existing under the laws of the State of California.
 
Brooks is a citizen of the United States.
 
 
 

 
 
CUSIP No.  75626X103
13G
Page 8 of 12 Pages
 
(d)
Title of Class of Securities
   
 
Common Stock, $.0001 par value per share (the “Common Stock”)

(e)
CUSIP Number
   
  75626X103
 
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:     Not applicable.

(a) 
 
 Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
     
(b) 
 
 Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
     
(c) 
 
 Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
     
(d) 
 
 Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
     
(e) 
 
 An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
(f) 
 
 An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
(g) 
 
 A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
     
(h) 
 
 A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
(i) 
 
 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) 
 
 A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J);
     
(k)
 
 Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________.

 
 

 
 
CUSIP No.  75626X103
13G
Page 9 of 12 Pages
 
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:
   
 
As of the date of this filing: The Reporting Persons beneficially own 3,333,333 shares of the Common Stock of the Issuer. Does not include Warrants to purchase an additional 3,333,333 shares of the Common Stock of the Issuer (the “Warrant”). Pursuant to the terms of the Warrant, the Fund does not have the right to exercise any portion of the Warrant to the extent that after giving effect to such exercise, the Fund would beneficially own in excess of 4.99% of the number of shares of the Common Stock outstanding of the Issuer. Accordingly, the Warrant is not currently exercisable and the Reporting Persons are not deemed to beneficially own those shares.

(b)
Percent of class: Taking into consideration that 38,830,933 shares are issued and outstanding as of August 13, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 16, 2010 for the period ended June 30, 2010.
   
 
As of the date of this filing: 8.6%
 
(c)
Number of shares as to which the Reporting Person have:

 
(i)
Sole power to vote or to direct the vote – 0
 
(ii)
Shared power to vote or to direct the vote – As of the date of this filing the Reporting Persons share the power to vote or direct the vote of the  3,333,333 shares of Common Stock beneficially owned by each of them.
 
(iii)
Sole power to dispose or to direct the disposition of – 0
 
(iv)
Shared power to dispose or to direct the disposition of – As of the date of this filing the Reporting Persons share the power to dispose or to direct the disposition of the 3,333,333 shares of Common Stock beneficially owned by each of them.
 
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  [ ].

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Other than as set forth herein, no other person has the right to receive or the power to direct thereceipt of, dividends from, or proceeds from the sale of, in excess of 5% of the total outstandingCommon Stock.

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
 
 
 

 
 
CUSIP No.  75626X103
13G
Page 10 of 12 Pages
 
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 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.
 
 
 

 
 
CUSIP No.  75626X103
13G
Page 11 of 12 Pages
 
 
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.

Dated: September 27, 2010
 
 
JMB Capital Partners Master Fund, L.P.
 
By: Smithwood Partners, LLC, its General Partner
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood Partners, LLC
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood Advisers, L.P.
 
By:  Smithwood General Partner, LLC,
 
its General Partner
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood General Partner, LLC
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
   
   
 
/s/ Jonathan Brooks                                       
 
Jonathan Brooks, Individually

 
 
 

 
 
CUSIP No.  75626X103
13G
Page 12 of 12 Pages
 
Exhibit No. 1

JOINT FILING AGREEMENT

The undersigned hereby consent to the joint filing by any of them of a  Statement on Schedule 13G and any amendments thereto, whether heretofore or hereafter filed, relating to the securities of Recovery Energy, Inc. and hereby affirms that this Schedule 13G is being filed on behalf of each of the undersigned.


Dated: September 27, 2010
 
 
JMB Capital Partners Master Fund, L.P.
 
By: Smithwood Partners, LLC, its General Partner
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood Partners, LLC
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood Advisers, L.P.
 
By:  Smithwood General Partner, LLC,
 
its General Partner
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
 
Smithwood General Partner, LLC
   
   
 
By:  /s/ Jonathan Brooks                                       
 
Jonathan Brooks, Managing Member
   
   
   
 
/s/ Jonathan Brooks                                       
 
Jonathan Brooks, Individually


 
 

 
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