-----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, ADsNDEJz5NITpxAahoaaQty8Sl5Yso8UfKmRzz/Z96iU8D8ZCZ5SaslJXluaBng/ szH/vjnQarAKEMW5rdFkEQ== 0001264130-05-000006.txt : 20050513 0001264130-05-000006.hdr.sgml : 20050513 20050513145929 ACCESSION NUMBER: 0001264130-05-000006 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050513 DATE AS OF CHANGE: 20050513 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COPPER BEECH CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001280127 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 540 MADISON AVE 33RD FL CITY: NEW YORK STATE: NY ZIP: 10017 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 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-41532 FILM NUMBER: 05828621 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 SC 13G 1 sc13gdeltapetro.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* Delta Petroleum Corporation ------------------------- (Name of Issuer) Common Stock, par value $0.01 per share --------------------------------------- (Title of Class of Securities) 247907207 --------- (CUSIP Number) May 3, 2005 ----------------- (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 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 Page 2 of 9 - -------------------------------------------------------------------------------- 1.Name of Reporting Person I.R.S. Identification No. of the above person (entities only). Copper Beech Capital Advisors LLC 2.Check the Appropriate Box if a Member of a Group. (a) [ ] (b) [X] 3. SEC Use Only. 4. Citizenship or Place of Organization. Delaware 5. Sole Voting Power Number of -0- Shares 6. Shared Voting Power Beneficially Owned by 841,021 Each 7. Sole Dispositive Power Reporting Person -0- With 8. Shared Dispositive Power 841,021 9. Aggregate Amount Beneficially Owned by Reporting Person. 841,021 shares 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares N/A 11. Percent of Class Represented by Amount in Row (9) 2.0% 12. Type of Reporting Person OO - -------------------------------------------------------------------------------- CUSIP No. 247907207 Page 3 of 9 - -------------------------------------------------------------------------------- 1. Name of Reporting Person I.R.S. Identification No. of the above person (entities only). Copper Beech Capital Management, Inc. 2. Check the Appropriate Box if a Member of a Group. (a) [ ] (b) [X] 3. SEC Use Only. 4. Citizenship or Place of Organization. Delaware 5. Sole Voting Power Number of -0- Shares 6. Shared Voting Power Beneficially Owned by 1,344,242 Each 7. Sole Dispositive Power Reporting Person -0- With 8. Shared Dispositive Power 1,344,242 9. Aggregate Amount Beneficially Owned by Reporting Person. 1,344,242 shares 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares N/A 11. Percent of Class Represented by Amount in Row (9) 3.2% 12. Type of Reporting Person CO - -------------------------------------------------------------------------------- CUSIP No. 247907207 Page 4 of 9 - -------------------------------------------------------------------------------- 1. Name of Reporting Person I.R.S. Identification No. of the above person (entities only). Frank R. DeSantis, Jr. 2. Check the Appropriate Box if a Member of a Group. (a) [ ] (b) [X] 3. SEC Use Only. 4. Citizenship or Place of Organization. United States 5. Sole Voting Power Number of -0- Shares 6. Shared Voting Power Beneficially Owned by 2,185,263 Each 7. Sole Dispositive Power Reporting Person -0- With 8. Shared Dispositive Power 2,185,263 9. Aggregate Amount Beneficially Owned by Reporting Person. 2,185,263 shares 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares N/A 11. Percent of Class Represented by Amount in Row (9) 5.3% 12. Type of Reporting Person IN Item 1(a):Name of Issuer: Delta Petroleum Corporation (the "Company"). Item 1(b):Address of Issuer's Principal Executive Offices: 370 17th Street, Suite 4300 Denver, Colorado 80202 Items 2(a)Name of Person Filing; Address of Principal Business Office and 2(b): This Schedule is being jointly filed by: (i) Copper Beech Capital Advisors LLC ("Advisors"), a Delaware limited liability company which acts as general partner to two private investment partnerships (the "Partnerships"), with respect to the shares held by the Partnerships; (ii) Copper Beech Capital Management, Inc. ("Management"), a Delaware corporation which acts as investment advisor to an offshore investment fund (the "Fund") and an institutional managed account (the "Managed Account"), with respect to the shares held by the Fund and the Managed Account; and (iii)Frank R. DeSantis, Jr., managing member of Advisors and President of Management, with respect to all of the reported shares. The principal business address of each reporting person is 540 Madison Avenue, 33rd Floor, New York, New York 10022. Item 2(c):Citizenship: (i) Advisors is a Delaware limited liability company; (ii) Management is a Delaware corporation; and (iii)Mr. DeSantis is a United States citizen. Item 2(d):Title of Class of Securities: Common Stock, par value $0.01 per share ("Common Stock") Item 2(e):CUSIP Number: 247907207 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: (a) [ ] Broker or dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940. (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 association as defined in Section 3(b) of the Federal Deposit Insurance Act. (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. (j) [ ] Group, in accordance with *240.13d-1 (b)(1)(ii)(J). Item 4: Ownership: The following states the beneficial ownership of the reporting persons as of May 12, 2005. This report relates to the same shares of Common Stock which may be deemed to be owned (i) directly (in the aggregate) by the Partnerships, the Fund, and the Managed Account, none of which individually beneficially own more than 5% of the class; (ii) indirectly by Advisors, in its capacity as general partner to the Partnerships; (iii) indirectly by Management, in its capacity as investment advisor to the Fund and the Managed Account; and (iv) indirectly by Mr. DeSantis, who, as principal of Advisors and Management, has the power to direct the vote or disposition of such securities. ADVISORS: (a) Amount beneficially owned: 841,021 shares (b) Percent of class: 2.0%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 841,021 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 841,021 MANAGEMENT: (a) Amount beneficially owned: 1,344,242 shares (b) Percent of class: 3.2%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,344,242 (iii) Sole power to dispose or direct the disposition: -0- (i) Shared power to dispose or direct the disposition: 1,344,242 DESANTIS: (a) Amount beneficially owned: 2,185,263 shares (b) Percent of class: 5.3%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,185,263 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 2,185,263 Item 5: Ownership of Five Percent or Less of a Class: Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person: The Partnerships, the Fund, and the Managed Account have the right to receive dividends from and the proceeds of the sale of the subject securities owned by such entities. None of such parties individually owns beneficially more than 5% of the class. 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. Item 9: Notice of Dissolution of Group: Not Applicable. Item 10: Certification: By signing below each of the undersigned certify that, to the best of the undersigned's 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. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: May ___, 2005 COPPER BEECH CAPITAL ADVISORS LLC __________________________________ By: Frank R. DeSantis, Jr. Managing Member COPPER BEECH CAPITAL MANAGEMENT, INC. __________________________________ By: Frank R. DeSantis, Jr. President __________________________________ Frank R. DeSantis, Jr. JOINT FILING AGREEMENT The undersigned hereby agree to the joint filing with each other of the attached statement on Schedule 13G and to all amendments to such statement and that such statement is and all amendments to such statement are made on behalf of each of them. IN WITNESS WHEREOF, the undersigned hereby execute this agreement on May __, 2005. COPPER BEECH CAPITAL ADVISORS LLC __________________________________ By: Frank R. DeSantis, Jr. Managing Member COPPER BEECH CAPITAL MANAGEMENT, INC. __________________________________ By: Frank R. DeSantis, Jr. President __________________________________ Frank R. DeSantis, Jr. -----END PRIVACY-ENHANCED MESSAGE-----