0001193125-13-147991.txt : 20130410 0001193125-13-147991.hdr.sgml : 20130410 20130409192419 ACCESSION NUMBER: 0001193125-13-147991 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130410 DATE AS OF CHANGE: 20130409 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Emerald Oil, Inc. CENTRAL INDEX KEY: 0001283843 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 770639000 STATE OF INCORPORATION: MT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-80302 FILM NUMBER: 13752040 BUSINESS ADDRESS: STREET 1: 1600 BROADWAY STREET 2: SUITE 1360 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (303) 323-0008 MAIL ADDRESS: STREET 1: 1600 BROADWAY STREET 2: SUITE 1360 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Voyager Oil & Gas, Inc. DATE OF NAME CHANGE: 20100420 FORMER COMPANY: FORMER CONFORMED NAME: ante4, Inc DATE OF NAME CHANGE: 20091106 FORMER COMPANY: FORMER CONFORMED NAME: WPT ENTERPRISES INC DATE OF NAME CHANGE: 20040316 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Emerald Oil & Gas NL CENTRAL INDEX KEY: 0001555229 IRS NUMBER: 000000000 STATE OF INCORPORATION: C3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: SUITE 2, 12 PARLIAMENT PLACE CITY: WEST PERTH STATE: C3 ZIP: 6005 BUSINESS PHONE: 01161894820510 MAIL ADDRESS: STREET 1: SUITE 2, 12 PARLIAMENT PLACE CITY: WEST PERTH STATE: C3 ZIP: 6005 SC 13D 1 d518894dsc13d.htm SC 13D SC 13D

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No.     )

 

 

Emerald Oil, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

2910U100

(CUSIP Number)

Paul Wiesner

1600 Broadway, Suite 1360

Denver, CO

(303) 328-0008

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

July 26, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

 

* 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 disclosures provided in a prior cover page.

The information required on 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. 2910U100

 

  1   

NAMES OF REPORTING PERSONS

 

Emerald Oil & Gas NL

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Western Australia, Australia

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

1,662,174

     8   

SHARED VOTING POWER

 

0

     9   

SOLE DISPOSITIVE POWER

 

1,662,174

   10   

SHARED DISPOSITIVE POWER

 

0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,662,174

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

6.4%*

14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

CO

 

* Based on approximately 25,899,658 shares of Issuer Common stock outstanding as of April 4, 2013.


Item 1. Security and Issuer

This Schedule 13D relates to the Common Stock of Emerald Oil, Inc. (the “Issuer”), 1600 Broadway, Suite 1360, Denver, CO 80202.

Item 2. Identity and Background

 

  (a) Name and State of Organization:

This Schedule 13D is being filed by Emerald Oil & Gas NL (the “Reporting Person”), an entity organized under the laws of the state of Western Australia, Australia.

 

  (b) Business Address:

The Reporting Person’s business address is PO Box 902, West Perth, WA 6872 Australia.

 

  (c) Principal Business:

The Reporting Person’s principal business is petroleum exploration in the USA and Western Australia.

 

  (d) Criminal Proceeding History:

During the past five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

  (e) Civil Proceeding History:

During the past five years, the Reporting Person has not been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

  (f) Citizenship:

The Reporting Person is an entity organized under the laws of Western Australia, Australia.

Item 3. Source and Amount of Funds or Other Consideration

The Reporting Person acquired 11,635,217 shares of the Issuer in consideration of its transfer of all of the shares of its wholly-owned subsidiary, Emerald Oil, Inc., a Delaware Corporation (“Emerald DE”), pursuant to the closing of the transactions contemplated by a July 9, 2012 Securities Purchase Agreement by and between the Issuer, the Reporting Person and Emerald DE, which transactions closed on July 26, 2012. Thereafter, the shareholders of the Issuer approved a 1-for-7 reverse stock, which reduced the number of shares beneficially owned by the Reporting Person to its current ownership of 1,662,174 shares.

Item 4. Purpose of Transaction

The Reporting Person acquired the Issuer’s securities pursuant to the closing of the transactions contemplated by the July 9, 2012 Securities Purchase Agreement (the “Agreement”) by and between the Issuer, the Reporting Person and Emerald DE. Pursuant to the closing of the Agreement, the Issuer purchased all of the outstanding shares of Emerald DE, and Emerald DE became a subsidiary of the Issuer.

In the near future the Reporting Person intends to issue a notice for a meeting of the shareholders of the Reporting Person, during which such shareholders will vote to decide whether the Reporting Person should distribute the Issuer shares owned by Reporting Person to its shareholders on a pro rata basis, or whether to have the Reporting Person continue to beneficially own the Issuer shares.


Other than the potential disposition to be voted upon by the Reporting Person shareholders described in the immediately preceding paragraph, the Reporting Person does not have any plans or proposals which relate to or result in:

 

  (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

 

  (b) an extraordinary transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

 

  (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

 

  (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

 

  (e) any material change in the present capitalization or dividend policy of the Issuer;

 

  (f) any other material changes in the Issuer’s business or corporate structure;

 

  (g) changes in the Issuer’s charter, bylaws or instruments corresponding thereto, or other actions which may impede the acquisition of control of the Issuer by any person;

 

  (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

 

  (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or

 

  (j) any action similar to any of those enumerated above.

Item 5. Interest in Securities of the Issuer

 

  (a) The Reporting Person is the owner of 1,662,174 shares of the Issuer’s Common Stock, $.001 par value per share, which represents 6.4% of the aggregate 25,899,658 shares of common stock currently outstanding.

 

  (b) The Reporting Person has the sole power to vote or to direct the vote, and the sole power to dispose or to direct the disposition of, the shares beneficially owned by it.

 

  (c) No transactions were effected during the past sixty days by the Reporting Person.

 

  (d) No other person has the right to receive or the power to direct the receipt of any dividends from or the proceeds from the sale of the securities beneficially owned by the Reporting Person.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

The Reporting Person acquired the Issuer’s securities pursuant to the closing of the transactions contemplated by the July 9, 2012 Securities Purchase Agreement (the “Agreement”) by and between the Issuer, the Reporting Person and Emerald DE. Pursuant to the closing of the Agreement, the Issuer purchased all of the outstanding shares of Emerald DE, and Emerald DE became a subsidiary of the Issuer.

Item 7. Material to Be Filed as Exhibits

 

  (a) July 9, 2012 Securities Purchase Agreement.*
 

*Incorporated by reference to Exhibit 2.1 of the Issuer’s Form 8-K filed with the SEC on July 10, 2012.


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.

 

April 9, 2012
EMERALD OIL & GAS NL
By:  

/s/ Mike Krzus

Title:   Director