-----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, FZzk9FN+CxM1kWoN1IROCTG5s+pEHQBCMMpFh2Vm9+0Yt7Rnj40E8dL1FbvYK5Gz KxdMhhOObGhvklfefkNwzw== 0000898432-07-000151.txt : 20070214 0000898432-07-000151.hdr.sgml : 20070214 20070214173233 ACCESSION NUMBER: 0000898432-07-000151 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 GROUP MEMBERS: DANE ANDREEFF GROUP MEMBERS: MAPLE LEAF OFFSHORE, LTD. GROUP MEMBERS: MAPLE LEAF PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GEOKINETICS INC CENTRAL INDEX KEY: 0000314606 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 941690082 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32355 FILM NUMBER: 07623228 BUSINESS ADDRESS: STREET 1: ONE RIVERWAY STREET 2: SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7138507600 MAIL ADDRESS: STREET 1: ONE RIVERWAY STREET 2: SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77056 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ANDREEFF EQUITY ADVISORS, LLC CENTRAL INDEX KEY: 0001317097 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 450 LAUREL STREET STREET 2: SUITE 2105 CITY: BATON ROUGE STATE: LA ZIP: 70801 BUSINESS PHONE: 225-706-1600 MAIL ADDRESS: STREET 1: 450 LAUREL STREET STREET 2: SUITE 2105 CITY: BATON ROUGE STATE: LA ZIP: 70801 SC 13D/A 1 geokinetics_sc13da.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) (Amendment No. 1) GEOKINETICS INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 372910307 (CUSIP Number) Andreeff Equity Advisors, L.L.C. 450 Laurel Street Suite 2105 Baton Rouge, LA 70801 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - -------------------------------------------------------------------------------- December 31, 2006 (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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. CUSIP No. 372910307 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Andreeff Equity Advisors, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX 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 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 1,563,908 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 1,563,908 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,563,908 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.2% 14. TYPE OF REPORTING PERSON IA, PN CUSIP No. 372910307 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Dane Andreeff 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 1,563,908 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 1,563,908 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,563,908 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [__] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.2% 14. TYPE OF REPORTING PERSON IN, HC CUSIP No. 372910307 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Maple Leaf Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX 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 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 849,551 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 849,551 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 849,551 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.3% 14. TYPE OF REPORTING PERSON PN CUSIP No. 372910307 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Maple Leaf Offshore, Ltd. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 655,988 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 655,988 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 655,988 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.8% 14. TYPE OF REPORTING PERSON CO CUSIP No. 372910307 ----------------------------------------------------------------------------- Item 1. Security and Issuer. The name of the issuer is Geokinetics Inc. (the "Issuer"). The address of the Issuer's offices is One Riverway, Suite 2100, Houston, Texas 77056. This schedule 13D relates to the Issuer's Common Stock (the "Shares"). ----------------------------------------------------------------------------- Item 2. Identity and Background. (a)-(c), (f) This Schedule 13D is being filed by Andreeff Equity Advisors, L.L.C., a Delaware limited liability company, Maple Leaf Partners, L.P., a Delaware limited partnership, Maple Leaf Offshore Fund, Ltd., a Cayman Islands company, and Dane Andreeff, a United States citizen (collectively, the "Reporting Persons"). The principal business address of the Reporting Persons is 450 Laurel Street, Suite 2105, Baton Rouge, Louisiana 70801. (d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of the Reporting Persons has, during the last five years, been a 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. ----------------------------------------------------------------------------- Item 3. Source and Amount of Funds or Other Consideration. As of the date hereof, Andreeff Equity Advisors, L.L.C. and Dane Andreeff may be deemed to beneficially own 1,563,908 Shares. Maple Leaf Partners, L.P. may be deemed to beneficially own 849,551 Shares. Maple Leaf Offshore, Ltd. may be deemed to beneficially own 655,988 Shares. The funds for the purchase of the Shares by the Reporting Persons came from the funds managed by the Reporting Persons, which came private fund investors. The total cost for the Shares held by the Reporting Persons is $37,693,881. No borrowed funds were used to purchase the Shares, other than any borrowed funds used for working capital purposes in the ordinary course of business. ----------------------------------------------------------------------------- Item 4. Purpose of Transaction. (a-j) The Shares held by the Reporting Persons were acquired for, and are being held for, investment purposes on the Reporting Persons' behalf. The acquisitions of the Shares were made in the ordinary course of the Reporting Persons' business or investment activities, as the case may be. In an effort to protect their investment and the investments made on behalf of the investors in funds managed by the Reporting Persons, as well as to maximize shareholder value, the Reporting Persons may acquire additional Shares, dispose of all or some of these Shares from time to time, in each case in open market or private transactions, block sales or purchases or otherwise, or may continue to hold the Shares, depending on business and market conditions, its continuing evaluation of the business and prospects of the Issuer and other factors. Although the Reporting Persons have no concrete plans to do so, the Reporting Persons may also engage in and may plan for their engagement in: (1) the acquisition of additional Shares of the Issuer, or the disposition of Shares of the Issuer; (2) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer; (3) a sale or transfer of a material amount of assets of the Issuer; (4) any material change in the present capitalization or dividend policy of the Issuer; (5) any other material change in the Issuer's business or corporate structure; (6) changes in the Issuer's charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (7) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted on an inter-dealer quotation system of a registered national securities association; (8) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; and/or any action similar to those enumerated above. Any future decisions of the Reporting Persons to take any such actions with respect to the Issuer or its securities will take into account various factors, including the prospects of the Issuer, general market and economic conditions and other factors deemed relevant. ----------------------------------------------------------------------------- Item 5. Interest in Securities of the Issuer. (a-e) As of the date hereof, Andreeff Equity Advisors, L.L.C. and Dane Andreeff may each be deemed to be the beneficial owner of 1,563,908 Shares, constituting 28.2% of the Shares of the Issuer, based upon the 5,543,327 Shares outstanding as of December 31, 2006. Maple Leaf Partners, L.P. may be deemed to be the beneficial owner of 849,551 Shares, constituting 15.3% of the Shares of the Issuer, based upon the 5,543,327 Shares outstanding as of December 31, 2006. Maple Leaf Offshore, Ltd. may be deemed to be the beneficial owner of 655,988 Shares, constituting 11.8% of the Shares of the Issuer, based upon the 5,543,327 Shares outstanding as of December 31, 2006. Andreeff Equity Advisors, L.L.C. and Dane Andreeff have the shared power to vote or direct the vote of and dispose or direct the disposition of 1,563,908 Shares to which this filing relates. Maple Leaf Partners, L.P. has the power to vote or direct the vote of and dispose or direct the disposition of 849,551 Shares to which this filing relates. Maple Leaf Offshore, Ltd. has the power to vote or direct the vote of and dispose or direct the disposition of 655,988 Shares to which this filing relates. The Reporting Persons specifically disclaim beneficial ownership in the Shares reported herein except to the extent of their pecuniary interest therein. None of the Reporting Persons has effected transactions in the Shares during the 60 days prior to December 31, 2006. The Shares were acquired for investment purposes. The Reporting Persons may acquire additional Shares, dispose of all or some of these Shares from time to time, in each case in open markets or private transactions, block sales or purchases or otherwise, or may continue to hold the Shares. ----------------------------------------------------------------------------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The Reporting Persons do not have any contract, arrangement, understanding or relationship with any person with respect to the Shares. ----------------------------------------------------------------------------- Item 7. Material to be Filed as Exhibits. A Joint Filing Agreement on behalf of the Reporting Persons is filed herewith as Exhibit A. 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 14, 2007 ----------------- (Date) ANDREEFF EQUITY ADVISORS, L.L.C.* By: Dane Andreeff Managing Member /s/ Dane Andreeff ------------------------------ (Signature) DANE ANDREEFF* /s/ Dane Andreeff ------------------------------ (Signature) MAPLE LEAF PARTNERS, L.P.* By: Dane Andreeff Managing Member of its General Partner /s/ Dane Andreeff ------------------------------ (Signature) - MAPLE LEAF OFFSHORE, LTD.* By: Dane Andreeff General Partner /s/ Dane Andreeff ------------------------------- (Signature) * The Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest therein. EX-99 2 exhibit99.txt EXHIBIT A JOINT FILING AGREEMENT The undersigned agree that this schedule 13D dated February 14, 2007, relating to the Common Stock of Geokinetics, Inc. shall be filed on behalf of the undersigned. ANDREEFF EQUITY ADVISORS, L.L.C. By: Dane Andreeff Managing Member /s/ Dane Andreeff ------------------------------ (Signature) DANE ANDREEFF /s/ Dane Andreeff ------------------------------ (Signature) MAPLE LEAF PARTNERS, L.P. By: Dane Andreeff General Partner /s/ Dane Andreeff ------------------------------ (Signature) - MAPLE LEAF OFFSHORE, LTD. By: Dane Andreeff General Partner /s/ Dane Andreeff ------------------------------- (Signature) -----END PRIVACY-ENHANCED MESSAGE-----