-----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, NEbIzwP21kaXWpC3NTFB68Y5X4HPUByLpYm6a4Iza+SqsJKxABgjZjz4Ahs0fQOg sYg0iTINwlfUmvedf6PYGw== 0001193125-08-236106.txt : 20081114 0001193125-08-236106.hdr.sgml : 20081114 20081114090047 ACCESSION NUMBER: 0001193125-08-236106 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 GROUP MEMBERS: KIRK KERKORIAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DELTA PETROLEUM CORP/CO CENTRAL INDEX KEY: 0000821483 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 841060803 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41532 FILM NUMBER: 081187228 BUSINESS ADDRESS: STREET 1: 370 SEVENTEENTH STREET STREET 2: SUITE 4300 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3032939133 MAIL ADDRESS: STREET 1: 370 SEVENTEENTH STREET STREET 2: SUITE 4300 CITY: DENVER STATE: CO ZIP: 80202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRACINDA CORP CENTRAL INDEX KEY: 0000319029 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 150 RODEO DRIVE SUITE 250 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 BUSINESS PHONE: 7027378060 MAIL ADDRESS: STREET 1: 150 RODEO DRIVE SUITE 250 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 6 Schedule 13D Amendment No. 6

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under Rule 13d-1 of the Securities Exchange Act of 1934

(Amendment No. 6)

Delta Petroleum Corporation

 

(Name of Issuer)

Common Stock, par value $.01 per share

 

(Title of Class of Securities)

247907207

 

(CUSIP Number)

Richard Sobelle, Esq.

Tracinda Corporation

150 South Rodeo Drive, Suite 250

Beverly Hills, CA 90212

(310) 271-0638

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

November 13, 2008

 

(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. 247907207

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 

Tracinda Corporation

  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)

 

BK

  5.   

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

 

  6.   

Citizenship or Place of Organization

 

Nevada

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7.   

Sole Voting Power

 

37,228,000

    8.   

Shared Voting Power

 

 

    9.   

Sole Dispositive Power

 

37,228,000

  10.   

Shared Dispositive Power

 

 

11.   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

37,228,000

12.   

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   ¨

 

 

13.   

Percent of Class Represented by Amount in Row (11)

 

36.02% *

14.   

Type of Reporting Person (See Instructions)

 

CO

* Percentage calculated on the basis of 103,350,044 shares of common stock issued and outstanding as of November 3, 2008, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008.

 


CUSIP No. 247907207

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 

Kirk Kerkorian

  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)

 

N/A

  5.   

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

 

  6.   

Citizenship or Place of Organization

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7.   

Sole Voting Power

 

37,228,000

    8.   

Shared Voting Power

 

 

    9.   

Sole Dispositive Power

 

37,228,000

  10.   

Shared Dispositive Power

 

 

11.   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

37,228,000

12.   

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

 

13.   

Percent of Class Represented by Amount in Row (11)

 

36.02% *

14.   

Type of Reporting Person (See Instructions)

 

IN

* Percentage calculated on the basis of 103,350,044 shares of common stock issued and outstanding as of November 3, 2008, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008.

 

 


This Amendment No. 6 amends and supplements that certain Schedule 13D with respect to the common stock of Delta Petroleum Corporation, a Delaware corporation (the “Company”), filed on February 26, 2008 and previously amended on June 11, 2008, June 19, 2008, July 8, 2008, September 3, 2008 and November 6, 2008 and as amended by those certain Schedule TO-Cs filed on October 31, 2008 and November 7, 2008 with the Securities and Exchange Commission by Tracinda Corporation, a Nevada corporation (“Tracinda”), and Kirk Kerkorian, an individual and the sole shareholder of Tracinda (as so amended, the “Schedule 13D”). Capitalized terms used herein and not otherwise defined in this Amendment No. 6 shall have the meaning set forth in the Schedule 13D. Except as specifically set forth herein, the Schedule 13D remains unmodified.

 

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended by adding the following:

During the period from November 12, 2008 to November 13, 2008, Tracinda purchased an aggregate of 1,100,000 shares of the Company’s common stock (approximately 1.06% of the outstanding shares) in open market transactions for an aggregate price of $6,165,770, or $5.61 per share, before commissions, as set forth on Exhibit 9 hereto. As a result, Tracinda owns 37,228,000 shares (approximately 36.02% of the outstanding shares) of the Company’s common stock. The source of funds for these purchases was funds available under its Credit Agreement.

Tracinda purchased these shares because it believes that the Company’s common stock is significantly undervalued by the market. In addition, Tracinda supports the decision of the Company, announced on October 31, 2008, to consider joint venture alternatives, as well as possible partial sale transactions, involving the Company’s oil and gas interests in the Piceance Basin of Colorado.

 

Item 5. Interests in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended to add the following information:

(a)-(b) The following table sets forth information with respect to the Company’s securities beneficially owned by each person or entity named in Item 2 of the Schedule 13D. Mr. Kerkorian has sole voting and investment power with respect to the shares held by the Filing Persons.

 

Name

   Number of Shares    Percent of
Outstanding(1)
 

Tracinda Corporation

   37,228,000    36.02 %

Kirk Kerkorian

   37,228,000    36.02 %

Anthony L. Mandekic

   540    (2 )

 

 

(1) Computed on the basis of 103,350,044 shares of common stock issued and outstanding on November 3, 2008, as set forth in the Company’s Form 10-Q for the fiscal quarter ended September 30, 2008.
(2) Less than 1% of the outstanding shares of common stock.

(c) During the period from November 12 through November 13, 2008, Tracinda purchased an aggregate of 1,100,000 shares of the Company’s common stock in the open market for an average purchase price of $5.61 per share, as set forth in Exhibit 9 hereto, which is incorporated herein by reference. Other than as set forth herein, none of the persons named in paragraphs (a)-(b) above have effected any transactions since the filing of Amendment No. 5 to the Schedule 13D.

(d) & (e) Not applicable.

 

Item 7. Material to Be Filed as Exhibits

Item 7 is hereby amended to add the following exhibit:

 

Exhibit No.

  

Description

9    Schedule of Purchases of Common Stock of Delta Petroleum Corporation


SIGNATURE

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

November 13, 2008

 

  TRACINDA CORPORATION
 

By:

 

/s/ Anthony L. Mandekic

    Anthony L. Mandekic
    Secretary/Treasurer
  KIRK KERKORIAN
 

By:

 

/s/ Anthony L. Mandekic

    Anthony L. Mandekic
    Attorney-in-Fact *

* Power of Attorney, dated February 13, 2008, previously filed as Exhibit 3 to the Schedule 13D.

EX-9 2 dex9.htm SCHEDULE OF PURCHASES OF COMMON STOCK OF DELTA PETROLEUM Schedule of Purchases of Common Stock of Delta Petroleum

EXHIBIT 9

SCHEDULE OF PURCHASES OF COMMON STOCK OF

DELTA PETROLEUM CORPORATION

 

Date   No. of Shares   Price per share
11/12/2008   1,100   $ 5.0600
11/12/2008   900   $ 5.0856
11/12/2008   100   $ 5.0900
11/12/2008   7,500   $ 5.1208
11/12/2008   1,100   $ 5.1400
11/12/2008   7,400   $ 5.1485
11/12/2008   6,010   $ 5.1500
11/12/2008   3,100   $ 5.2000
11/12/2008   5,490   $ 5.2100
11/12/2008   100   $ 5.2200
11/12/2008   600   $ 5.2417
11/12/2008   3,200   $ 5.2500
11/12/2008   1,500   $ 5.2600
11/12/2008   700   $ 5.2900
11/12/2008   600   $ 5.2942
11/12/2008   5,100   $ 5.3000
11/12/2008   15,400   $ 5.3015
11/12/2008   5,100   $ 5.3100
11/12/2008   500   $ 5.3115
11/12/2008   2,600   $ 5.3300
11/12/2008   800   $ 5.3600
11/12/2008   4,100   $ 5.3700
11/12/2008   2,600   $ 5.3800
11/12/2008   900   $ 5.3867
11/12/2008   1,100   $ 5.3900
11/12/2008   4,600   $ 5.4100
11/12/2008   3,800   $ 5.4300
11/12/2008   3,900   $ 5.4383
11/12/2008   1,800   $ 5.4400
11/12/2008   10,700   $ 5.4423
11/12/2008   1,300   $ 5.4500
11/12/2008   100   $ 5.4600
11/12/2008   2,500   $ 5.4700
11/12/2008   1,000   $ 5.4800
11/12/2008   13,380   $ 5.4836
11/12/2008   7,500   $ 5.4900
11/12/2008   1,900   $ 5.4997
11/12/2008   4,900   $ 5.5000
11/12/2008   3,600   $ 5.5100
11/12/2008   400   $ 5.5175
11/12/2008   10,900   $ 5.5300
11/12/2008   7,400   $ 5.5400
11/12/2008   1,687   $ 5.5500
11/12/2008   6,400   $ 5.5537
11/12/2008   900   $ 5.5540
11/12/2008   3,000   $ 5.5600
11/12/2008   9,500   $ 5.5659
11/12/2008   1,800   $ 5.5664
11/12/2008   9,900   $ 5.5692
11/12/2008   5,513   $ 5.5700
11/12/2008   900   $ 5.5767
11/12/2008   1,400   $ 5.5786
11/12/2008   700   $ 5.5800

 

1


11/12/2008   17,192   $ 5.5881
11/12/2008   3,200   $ 5.5900
11/12/2008   3,700   $ 5.5922
11/12/2008   400   $ 5.5931
11/12/2008   3,300   $ 5.5988
11/12/2008   5,500   $ 5.6000
11/12/2008   2,400   $ 5.6020
11/12/2008   1,400   $ 5.6050
11/12/2008   18,507   $ 5.6058
11/12/2008   6,171   $ 5.6100
11/12/2008   2,500   $ 5.6172
11/12/2008   12,175   $ 5.6191
11/12/2008   1,500   $ 5.6200
11/12/2008   6,779   $ 5.6208
11/12/2008   4,054   $ 5.6252
11/12/2008   2,400   $ 5.6296
11/12/2008   2,300   $ 5.6300
11/12/2008   200   $ 5.6312
11/12/2008   200   $ 5.6325
11/12/2008   2,000   $ 5.6339
11/12/2008   10,324   $ 5.6354
11/12/2008   4,200   $ 5.6383
11/12/2008   4,000   $ 5.6400
11/12/2008   900   $ 5.6419
11/12/2008   100   $ 5.6425
11/12/2008   4,744   $ 5.6498
11/12/2008   1,600   $ 5.6500
11/12/2008   7,100   $ 5.6522
11/12/2008   2,100   $ 5.6543
11/12/2008   1,100   $ 5.6582
11/12/2008   1,500   $ 5.6600
11/12/2008   16,000   $ 5.6643
11/12/2008   4,800   $ 5.6700
11/12/2008   100   $ 5.6750
11/12/2008   1,500   $ 5.6780
11/12/2008   11,900   $ 5.6800
11/12/2008   2,700   $ 5.6900
11/12/2008   5,518   $ 5.6930
11/12/2008   4,000   $ 5.6937
11/12/2008   3,600   $ 5.7000
11/12/2008   1,200   $ 5.7075
11/12/2008   5,000   $ 5.7081
11/12/2008   1,900   $ 5.7100
11/12/2008   3,100   $ 5.7112
11/12/2008   22,556   $ 5.7186
11/12/2008   500   $ 5.7200
11/12/2008   1,200   $ 5.7233
11/12/2008   1,800   $ 5.7235
11/12/2008   5,000   $ 5.7290
11/12/2008   2,800   $ 5.7315
11/12/2008   1,400   $ 5.7327
11/12/2008   2,100   $ 5.7329
11/12/2008   5,000   $ 5.7347
11/12/2008   5,300   $ 5.7388
11/12/2008   1,000   $ 5.7400
11/12/2008   1,000   $ 5.7550
11/12/2008   1,000   $ 5.7600
11/12/2008   1,200   $ 5.7700
11/12/2008   2,500   $ 5.7873

 

2


11/12/2008   5,100   $ 5.7900
11/12/2008   2,500   $ 5.7911
11/12/2008   200   $ 5.7950
11/12/2008   8,100   $ 5.8000
11/12/2008   2,500   $ 5.8077
11/12/2008   5,100   $ 5.8100
11/12/2008   2,500   $ 5.8197
11/12/2008   7,400   $ 5.8200
11/12/2008   4,300   $ 5.8300
11/12/2008   4,295   $ 5.8342
11/12/2008   1,000   $ 5.8500
11/12/2008   4,600   $ 5.8600
11/12/2008   800   $ 5.8700
11/12/2008   2,200   $ 5.8800
11/12/2008   1,500   $ 5.8870
11/12/2008   5,000   $ 5.8897
11/12/2008   1,400   $ 5.8900
11/12/2008   5,000   $ 5.8935
11/12/2008   2,500   $ 5.8938
11/12/2008   5,000   $ 5.8950
11/12/2008   5,000   $ 5.8960
11/12/2008   5,705   $ 5.8993
11/12/2008   3,500   $ 5.8994
11/12/2008   766   $ 5.8995
11/12/2008   42,034   $ 5.9000
11/12/2008   23,800   $ 5.9100
11/13/2008   3,213   $ 5.3300
11/13/2008   400   $ 5.3350
11/13/2008   4,700   $ 5.3400
11/13/2008   7,295   $ 5.3500
11/13/2008   100   $ 5.3550
11/13/2008   900   $ 5.3600
11/13/2008   7,500   $ 5.3700
11/13/2008   3,700   $ 5.3800
11/13/2008   11,192   $ 5.3900
11/13/2008   3,600   $ 5.4000
11/13/2008   8,800   $ 5.4100
11/13/2008   5,700   $ 5.4200
11/13/2008   2,100   $ 5.4300
11/13/2008   2,500   $ 5.4400
11/13/2008   2,400   $ 5.4500
11/13/2008   2,905   $ 5.4600
11/13/2008   2,315   $ 5.4700
11/13/2008   100   $ 5.4770
11/13/2008   9,200   $ 5.4800
11/13/2008   100   $ 5.4850
11/13/2008   5,600   $ 5.4900
11/13/2008   85,911   $ 5.5000
11/13/2008   1,600   $ 5.5100
11/13/2008   1,600   $ 5.5200
11/13/2008   5,100   $ 5.5300
11/13/2008   100   $ 5.5350
11/13/2008   7,600   $ 5.5400
11/13/2008   400   $ 5.5450
11/13/2008   24,034   $ 5.5500
11/13/2008   200   $ 5.5550
11/13/2008   200   $ 5.5575
11/13/2008   16,400   $ 5.5600
11/13/2008   200   $ 5.5650

 

3


11/13/2008   10,295   $ 5.5700
11/13/2008   400   $ 5.5750
11/13/2008   43,873   $ 5.5800
11/13/2008   300   $ 5.5875
11/13/2008   12,118   $ 5.5900
11/13/2008   200   $ 5.5975
11/13/2008   11,343   $ 5.6000
11/13/2008   7,600   $ 5.6100
11/13/2008   300   $ 5.6175
11/13/2008   24,757   $ 5.6200
11/13/2008   8,100   $ 5.6300
11/13/2008   10,600   $ 5.6400
11/13/2008   15,441   $ 5.6500
11/13/2008   100   $ 5.6550
11/13/2008   8,838   $ 5.6600
11/13/2008   10,200   $ 5.6700
11/13/2008   11,300   $ 5.6800
11/13/2008   200   $ 5.6850
11/13/2008   7,900   $ 5.6900
11/13/2008   8,900   $ 5.7000
11/13/2008   13,300   $ 5.7100
11/13/2008   17,600   $ 5.7200
11/13/2008   7,155   $ 5.7300
11/13/2008   9,845   $ 5.7400
11/13/2008   7,800   $ 5.7500
11/13/2008   9,300   $ 5.7600
11/13/2008   3,600   $ 5.7700
11/13/2008   5,100   $ 5.7800
11/13/2008   3,000   $ 5.7900
11/13/2008   1,400   $ 5.8000
11/13/2008   1,470   $ 5.8100

 

4

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