Schedule 13D

-----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, V4ZxvxIqFz+pK8eTFQxoKCApnlciLNSgv4dlOgqcgXFc71+dAQQWy6JGLjKlDRPe vrdJHojJ1fvr0qzciAYlCA== 0001193125-07-267887.txt : 20071219 0001193125-07-267887.hdr.sgml : 20071219 20071219114442 ACCESSION NUMBER: 0001193125-07-267887 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20071219 DATE AS OF CHANGE: 20071219 GROUP MEMBERS: LANCE W. HELFERT GROUP MEMBERS: PAUL J. ORFALEA GROUP MEMBERS: R. ATTICUS LOWE GROUP MEMBERS: WEST COAST OPPORTUNITY FUND LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OAKRIDGE ENERGY INC CENTRAL INDEX KEY: 0000216748 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 870287176 STATE OF INCORPORATION: UT FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-33720 FILM NUMBER: 071315490 BUSINESS ADDRESS: STREET 1: 4613 JACKSBORO HIGHWAY CITY: WICHITA FALLS STATE: TX ZIP: 76302 BUSINESS PHONE: 8173224772 FORMER COMPANY: FORMER CONFORMED NAME: OAKRIDGE EXPLORATION INC DATE OF NAME CHANGE: 19821025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEST COAST ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001276537 IRS NUMBER: 770559124 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2151 ALESSANDRO DR STREET 2: STE 100 CITY: VENTURA STATE: CA ZIP: 93001 BUSINESS PHONE: 8056535333 MAIL ADDRESS: STREET 1: 2151 ALESSANDRO DR STREET 2: STE 100 CITY: VENTURA STATE: CA ZIP: 93001 SC 13D 1 dsc13d.htm SCHEDULE 13D Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )*

Oakridge Energy, Inc.

(Name of Issuer)

Common Stock, par value $0.04 per share

(Title of Class of Securities)

673828208

(CUSIP Number)

James J. Moloney

Gibson, Dunn & Crutcher LLP

4 Park Plaza

Irvine, CA 92614

(949) 451-3800

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

December 17, 2007

(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 §240.13d-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. 673828208		13D		Page 2 of 10


1	Name of Reporting Persons. West Coast Asset Management, Inc.
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) WC
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)	¨
6	Citizenship or Place of Organization California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 Sole Voting Power 0
		8 Shared Voting Power 482,510
		9 Sole Dispositive Power 0
		10 Shared Dispositive Power 482,510


11	Aggregate Amount Beneficially Owned by Each Reporting Person 482,510
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)	¨
13	Percent of Class Represented by Amount in Row (11) 11.3%
14	Type of Reporting Person (See Instructions) IA


CUSIP No. 673828208		13D		Page 3 of 10


1	Names of Reporting Persons. West Coast Opportunity Fund LLC
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) WC
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)	¨
6	Citizenship or Place of Organization Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 Sole Voting Power 0
		8 Shared Voting Power 482,510
		9 Sole Dispositive Power 0
		10 Shared Dispositive Power 482,510


11	Aggregate Amount Beneficially Owned by Each Reporting Person 482,510
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)	¨
13	Percent of Class Represented by Amount in Row (11) 11.3%
14	Type of Reporting Person (See Instructions) OO


CUSIP No. 673828208		13D		Page 4 of 10


1	Name of Reporting Persons. Paul J. Orfalea
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) WC
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)	¨
6	Citizenship or Place of Organization USA


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 Sole Voting Power 0
		8 Shared Voting Power 482,510
		9 Sole Dispositive Power 0
		10 Shared Dispositive Power 482,510


11	Aggregate Amount Beneficially Owned by Each Reporting Person 482,510
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)	¨
13	Percent of Class Represented by Amount in Row (11) 11.3%
14	Type of Reporting Person (See Instructions) IN


CUSIP No. 673828208		13D		Page 5 of 10


1	Name of Reporting Persons. Lance W. Helfert
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) WC
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)	¨
6	Citizenship or Place of Organization USA


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 Sole Voting Power 0
		8 Shared Voting Power 482,510
		9 Sole Dispositive Power 0
		10 Shared Dispositive Power 482,510


11	Aggregate Amount Beneficially Owned by Each Reporting Person 482,510
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)	¨
13	Percent of Class Represented by Amount in Row (11) 11.3%
14	Type of Reporting Person (See Instructions) IN


CUSIP No. 673828208		13D		Page 6 of 10


1	Name of Reporting Persons. R. Atticus Lowe
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) WC
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)	¨
6	Citizenship or Place of Organization USA


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 Sole Voting Power 0
		8 Shared Voting Power 482,510
		9 Sole Dispositive Power 0
		10 Shared Dispositive Power 482,510


11	Aggregate Amount Beneficially Owned by Each Reporting Person 482,510
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)	¨
13	Percent of Class Represented by Amount in Row (11) 11.3%
14	Type of Reporting Person (See Instructions) IN


CUSIP No. 673828208		13D		Page 7 of 10

Item 1.

Security and Issuer.

This Statement on Schedule 13D (“Schedule 13D”) relates to the Common Stock, par value $0.04 (the “Shares”), of Oakridge Energy, Inc., a Utah corporation (the “Issuer”).

The address of the Issuer’s principal executive offices is 4613 Jacksboro Highway, Wichita Falls, Texas 76302.

Item 2.

Identity and Background.

This Schedule 13D is being filed by West Coast Opportunity Fund LLC (“WCOF”), West Coast Asset Management, Inc. (“WCAM”), which is the managing member of WCOF, and members of the Investment Committee of WCAM: Paul J. Orfalea, Lance W. Helfert and R. Atticus Lowe pursuant to their agreement to the joint filing of this Schedule 13D (the “Joint Filing Agreement,” attached hereto as Exhibit 1). WCOF, WCAM, Paul J. Orfalea, Lance w. Helfert, and R. Atticus Lowe are together referred to herein as the “Reporting Persons,” and each of them are individually referred to herein as a “Reporting Person.”

The principal business office of each of the Reporting Persons is 2151 Alessandro Drive #100, Ventura, CA 93001.

The principal business of WCOF is to operate as a privately held investment fund. WCAM is a registered investment adviser and its principal business is to serve as the managing member of WCOF and investment adviser to high net worth individuals, institutions, and charitable foundations. The principal business of each of the Reporting Persons who are natural persons is to serve on the Investment Committee of WCAM.

During the last five years, none of the Reporting Persons or any of the natural persons described in this Item 2 has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, is or was 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.

WCAM is a corporation organized under the laws of California. WCOF is a limited liability company organized under the laws of Delaware. Messrs. Orfalea, Helfert, and Lowe are citizens of the United States of America.

Item 3.

Source and Amount of Funds or Other Consideration.

As of the date hereof, the Reporting Persons are deemed to beneficially own an aggregate of 482,510 Shares, as detailed in Item 5. The aggregate purchase price for such shares was $3,398,653 (inclusive of brokerage commissions and fees), which amount has come from working capital.


CUSIP No. 673828208		13D		Page 8 of 10

Item 4.

Purpose of Transaction.

The Reporting Persons acquired the Shares for investment purposes in the ordinary course of business and maintain the right to engage in discussions with management and the Board of Directors of the Issuer concerning the business and the future plans of the Issuer generally, and with regard to strategies and potential transactions to maximize shareholder value. The Reporting Persons intend to regularly review their investment in the Issuer. Based on such review, as well as other factors (including, among other things, their evaluation of the Issuer’s business, prospects and financial condition, the market price for the Issuer’s securities, other opportunities available to them and general market, industry and economic conditions), the Reporting Persons, and/or other persons affiliated with them, may, and reserve the right to, change their intentions, acquire additional securities of the Issuer, or sell some or all of their Shares, on the open market, in privately negotiated transactions or otherwise. The Reporting Persons may formulate plans or proposals for, and may from time to time explore, or make proposals relating to, transactions or actions which relate to or would result in any of the matters specified in clauses (a) through (j) of Item 4 of Schedule 13D.

Item 5.

Interest in Securities of the Issuer.

(a) WCOF is the record owner of 482,510 Shares, representing approximately 11.3% of the outstanding Shares. As the sole managing member of WCOF, WCAM may be deemed to beneficially own the Shares. As the individual members of the Investment Committee of WCAM, each of the Messrs. Orfalea, Helfert and Lowe also may be deemed to beneficially own the Shares. The percentage used herein is based on the 4,260,242 shares reported to be issued and outstanding as of October 9, 2007 by the Issuer in its Form 10-QSB for the quarterly period ended August 31, 2007, filed with the Securities and Exchange Commission on October 9, 2007.

(b)


Reporting Persons	Number of Shares With Sole Voting and Dispositive Power	Number of Shares With Shared Voting and Dispositive Power	Aggregate Number of Shares Beneficially Owned	Percentage of Class Beneficially Owned
West Coast Asset Management, Inc.	0	482,510	482,510	11.3	%
West Coast Opportunity Fund LLC	0	482,510	482,510	11.3	%
Paul J. Orfalea	0	482,510	482,510	11.3	%
Lance W. Helfert	0	482,510	482,510	11.3	%
R. Atticus Lowe	0	482,510	482,510	11.3	%


CUSIP No. 673828208		13D		Page 9 of 10

(c)


PARTY EFFECTING TRANSACTION	DATE	BUY / SELL	QUANTITY	AVERAGE PRICE ($)²	CURRENCY
West Coast Asset Management, Inc.	10/3/2007	BUY	26,155	6.66	USD
West Coast Asset Management, Inc.	10/16/2007	BUY	12,882	6.78	USD
West Coast Asset Management, Inc.	10/17/2007	BUY	3,390	6.78	USD
West Coast Asset Management, Inc.	10/22/2007	BUY	7,458	6.78	USD
West Coast Asset Management, Inc.	10/22/2007	BUY	113,822	6.90	USD
West Coast Asset Management, Inc.	11/14/2007	BUY	6,030	6.03	USD
West Coast Asset Management, Inc.	12/06/2007	BUY	7,920	5.28	USD
West Coast Asset Management, Inc.	12/10/2007	BUY	500	5.28	USD
West Coast Asset Management, Inc.	12/17/2007	BUY	56,700	7.03	USD

(d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, Securities beneficially owned by the Reporting Persons.

(e) Not applicable.

Item 6.

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

None

Item 7.

Material To Be Filed As Exhibits.


Exhibit No.		Description
1		Joint Filing Agreement, dated December 19, 2007 (filed herewith).

2		Power of Attorney, dated July 24, 2007 (filed herewith).

²	Inclusive of brokerage fees and commissions.


CUSIP No. 673828208		13D		Page 10 of 10

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: December 19, 2007


West Coast Asset Management, Inc.

By:		*
Name:		Lance W. Helfert
Title:		President

West Coast Opportunity Fund LLC

By:		*
Name:		Lance W. Helfert
Title:		President of Managing Member

By:		*
Name:		Paul J. Orfalea

By:		*
Name:		Lance W. Helfert

By:		*
Name:		R. Atticus Lowe



By:		*/s/ Linda Schuman
Name:		Linda Schuman
Title:		Attorney-in-fact

This Schedule 13D was executed on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which is attached as Exhibit 2.

EX-99.1 2 dex991.htm JOINT FILING AGREEMENT Joint Filing Agreement


CUSIP No. 673828208		13D		Exhibit 1

Joint Filing Agreement

This will confirm the agreement by and among all the undersigned that the Statement on Schedule 13D filed on or about this date and any further amendments thereto with respect to beneficial ownership by the undersigned of the Common Stock of Oakridge Energy, Inc., a Utah corporation, is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934.

The undersigned further agree that each party hereto is responsible for timely filing of such Statement on Schedule 13D and any further amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, provided that no party is responsible for the completeness and accuracy of the information concerning the other party, unless such party knows or has reason to believe that such information is inaccurate. The undersigned further agree that this Agreement shall be included as an Exhibit to such joint filing.

This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Dated: December 19, 2007


West Coast Asset Management, Inc.

By:		*
Name:		Lance W. Helfert
Title:		President

West Coast Opportunity Fund LLC

By:		*
Name:		Lance W. Helfert
Title:		President of Managing Member

By:		*
Name:		Paul J. Orfalea

By:		*
Name:		Lance W. Helfert


CUSIP No. 673828208		13D		Exhibit 1


By:		*
Name:		R. Atticus Lowe



By:		*/s/ Linda Schuman
Name:		Linda Schuman
Title:		Attorney-in-fact

EX-99.2 3 dex992.htm POWER OF ATTORNEY Power of Attorney

Exhibit 2

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Paul J. Orfalea, Lance W. Helfert, and R. Atticus Lowe, hereby each constitutes and appoints Linda Schuman, Paul J. Orfalea, Lance W. Helfert and R. Atticus Lowe, and each of them, as applicable, as true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution in name, place and stead, to sign any reports on Form 3 (Initial Statement of Beneficial Ownership of Securities), Form 4 (Statement of Changes in Beneficial Ownership of Securities) and Form 5 (Annual Statement of Beneficial Ownership of Securities) relating to transactions by the undersigned in Common Shares or other securities and all amendments thereto, and all filings on Schedule 13D or Schedule 13G, and all amendments thereto, and to file the same, with the Securities and Exchange Commission and the appropriate securities exchange, granting unto said attorneys-in-fact and agents, and each of them, or their substitutes, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or their substitutes, may lawfully do or cause to be done by virtue hereof. This Power of Attorney shall be effective until such time as the undersigned delivers a written revocation thereof to the above-named attorneys-in-fact and agents.

The undersigned each acknowledge that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.


Dated: July 24, 2007		/s/ Paul J. Orfalea
		Paul J. Orfalea

Dated: July 24, 2007		/s/ Lance W. Helfert
		Lance W. Helfert

Dated: July 24, 2007		/s/ R. Atticus Lowe
		R. Atticus Lowe

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