-----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, Ku6JqxfLVC/MEcSWkttdkMuj7jafQtWaQsK9bnPhCTagZhqerMd2ug4HVmoLGGv4 tPMCAqAborWq315JOMDJ+g== 0001104659-04-015613.txt : 20040526 0001104659-04-015613.hdr.sgml : 20040526 20040526161511 ACCESSION NUMBER: 0001104659-04-015613 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20040526 GROUP MEMBERS: DAVID L. PORGES GROUP MEMBERS: EQT HOLDINGS COMPANY,LLC GROUP MEMBERS: MURRY S. GERBER FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITABLE RESOURCES INC /PA/ CENTRAL INDEX KEY: 0000033213 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 250464690 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE OXFORD CENTRE STREET 2: 301 GRANT ST SUITE 3300 CITY: PITTSBURGH STATE: PA ZIP: 15219 BUSINESS PHONE: 4125535700 MAIL ADDRESS: STREET 1: 301 GRANT ST SUITE 3300 CITY: PITTSBURGH STATE: PA ZIP: 15219 FORMER COMPANY: FORMER CONFORMED NAME: EQUITABLE GAS CO DATE OF NAME CHANGE: 19841120 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTPORT RESOURCES CORP /NV/ CENTRAL INDEX KEY: 0000889005 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 133869719 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54201 FILM NUMBER: 04832600 BUSINESS ADDRESS: STREET 1: 1670 BROADWAY STREET 2: SUITE 2800 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-573-5404 MAIL ADDRESS: STREET 1: 1670 BROADWAY STREET 2: SUITE 2800 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: BELCO OIL & GAS CORP DATE OF NAME CHANGE: 19960207 SC 13D/A 1 a04-6493_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE
COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No. 6)*

WESTPORT RESOURCES CORPORATION

(FORMERLY KNOWN AS BELCO OIL & GAS CORP.)

(Name of Issuer)

 

COMMON STOCK, $.01 PAR VALUE PER SHARE

(Title of Class of Securities)

 

961418100

(CUSIP Number)

 

C/O HOWARD L. BOIGON

WESTPORT RESOURCES CORPORATION

670 BROADWAY STREET, SUITE 2800

DENVER, COLORADO 80202

(303) 573-5404

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

 

COPY TO:

 

STEPHEN W. JOHNSON, ESQUIRE

REED SMITH LLP

435 SIXTH AVENUE

PITTSBURGH, PENNSYLVANIA 15219

(412) 288-3131

 

May 18, 2004

(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. o

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).

 



 

The total number of shares of Common Stock, par value $0.01 per share (“Common Stock”), of Westport Resources Corporation (“Issuer” or the “Company”) reported herein is 11,536,471 shares, which constitutes 16.99% of the total number of shares of Common Stock outstanding as of May 3, 2004.  Ownership percentages set forth herein are based on the Issuer’s Quarterly Report on Form 10-Q filed on May 5, 2004, which disclosed that there were 67,906,552 shares of Common Stock of Issuer outstanding, and 2,930,000 shares of Preferred Stock, par value $0.01 per share (“Preferred Stock”), outstanding and convertible into 1,364,779 shares of Common Stock, at a conversion rate of 0.465795 shares of Common Stock per share of Preferred Stock, in each case, as of May 3, 2004.

 

2



 

CUSIP No.   961418100

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
EQT Holdings Company, LLC
20-1103143

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
See Item 3

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
11,527,971

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
11,527,971

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,527,971

 

 

12.

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

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.98%

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

3



 

CUSIP No.   961418100

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Equitable Resources, Inc.
25-0464690

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
See Item 3

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Pennsylvania

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
11,527,971 (1)

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
11,527,971 (1)

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,527,971 (1)

 

 

12.

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

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.98%

 

 

14.

Type of Reporting Person (See Instructions)
CO

 


(1)  Includes 11,527,971 shares of Issuer Common Stock held by EQT Holdings Company, LLC (“EQTHC”), an indirect, wholly owned subsidiary of Equitable Resources, Inc. (“Equitable”).  Equitable may be deemed to beneficially own these shares.  Equitable disclaims beneficial ownership of the shares of Issuer Common Stock held by EQTHC.

 

4



 

CUSIP No.   961418100

 

 

1.

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

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
See Item 3

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
11,534,471 (2)

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
11,534,471 (2)

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,534,471

 

 

12.

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

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.99%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


(2)  Includes (i) 11,527,971 shares of Issuer Common Stock held by EQTHC, an indirect, wholly owned subsidiary of Equitable, beneficial ownership of which shares may be attributable to Murry S. Gerber, Chairman, President and CEO of Equitable, and (ii) 6,500 shares of Issuer Common Stock held by Mr. Gerber directly.  Mr. Gerber disclaims beneficial ownership of 11,527,971 shares of Issuer Common Stock held by EQTHC.

 

5



 

CUSIP No.   961418100

 

 

1.

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

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
See Item 3

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
11,529,971 (3)

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
11,529,971 (3)

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,529,971

 

 

12.

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

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.98%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


(3)  Includes (i) 11,527,971 shares of Issuer Common Stock held by EQTHC, an indirect, wholly owned subsidiary of Equitable, beneficial ownership of which shares may be attributable to David L. Porges, Executive Vice President and Chief Financial Officer of Equitable, and (ii) 2,000 shares of Issuer Common Stock directly held by Mr. Porges.  Mr. Porges disclaims beneficial ownership of 11,527,971 shares of Issuer Common Stock held by EQTHC.

 

6



 

THIS AMENDMENT NO. 6 TO SCHEDULE 13D RELATES TO THE SCHEDULE 13D ORIGINALLY FILED ON BEHALF OF THE REPORTING PERSONS WITH THE SECURITIES AND EXCHANGE COMMISSION ON AUGUST 31, 2001 (AS AMENDED BY AMENDMENT NO. 1 TO SCHEDULE 13D FILED WITH THE COMMISSION ON APRIL 7, 2003, AS AMENDED AND RESTATED BY AMENDMENT NO. 2 TO SCHEDULE 13D FILED WITH THE COMMISSION ON OCTOBER 21, 2003, AS AMENDED BY AMENDMENT NO. 3 TO SCHEDULE 13D FILED WITH THE COMMISSION ON NOVEMBER 18, 2003, AS AMENDED BY AMENDMENT NO. 4 TO SCHEDULE 13D FILED WITH THE COMMISSION ON DECEMBER 4, 2003, AS AMENDED AND RESTATED BY AMENDMENT NO. 5 TO SCHEDULE 13D FILED WITH THE COMMISSION ON APRIL 14, 2004; AS SO AMENDED AND RESTATED, THE “SCHEDULE 13D”). THE TEXT OF ITEMS 2, 4, 5(a), (b) AND (c), AND 7 OF SAID SCHEDULE 13D IS HEREBY AMENDED AS FOLLOWS:

 

SCHEDULE 13D

 

Item 1.

Security and Issuer

[No change.]

Item 2.

Identity and Background

This Schedule 13D is being filed by EQT Holdings Company, LLC, a Delaware limited liability company (“EQTHC”), Equitable Resources, Inc., a Pennsylvania corporation (“Equitable” and together with EQTHC, the “EQT Entities”), and the following individuals: Murry S. Gerber and David L. Porges.

EQTHC’s principal business is to serve as a holding company for the Common Stock of the Company.  The address of EQTHC’s principal office is: 101 Convention Center Blvd., Suite 850, Las Vegas, NV 89109. EQTHC is an indirect, wholly owned subsidiary of Equitable.  EQTHC is a subsidiary of EQT Investments, LLC (“EQTI”) and, as described more fully in Item 4 below, EQTHC acquired the Common Stock to which the Schedule 13D relates by means of a capital contribution from EQTI.

The principal business of Equitable is to serve as an integrated energy company with an emphasis on Appalachian area natural gas supply, natural gas transmission and distribution and leading-edge energy management services for customers throughout the United States.  The address of its principal office is: One Oxford Centre, 301 Grant Street, Suite 3300, Pittsburgh, Pennsylvania 15219.  Murry S. Gerber is the Chairman, President and Chief Executive Officer of Equitable.  David L. Porges is the Executive Vice President and Chief Financial Officer of Equitable.  The address of each of Mr. Gerber and Mr. Porges is: One Oxford Centre, Suite 3300, 301 Grant Street, Pittsburgh, Pennsylvania 15219.  Mr. Gerber and Mr. Porges are United States citizens.

Neither EQTHC, Equitable nor Messrs. Gerber and Porges have, during the past five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or an administrative body of

 

7



 

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

[No change.]

Item 4.

Purpose of Transaction

Item 4 is hereby amended by adding a new penultimate paragraph reading as follows:

Effective May 18, 2004, EQTI assigned and transferred, as a capital contribution, all of EQTI’s interest in the Common Stock to which this Schedule 13D relates to EQTHC.  In connection with such transfer, EQTHC became a successor by assignment to all of EQTI’s rights and obligations under the Voting Agreement, the Registration Rights Agreement, the Termination Agreement, the Parent Voting Agreement and the Parent Registration Rights Agreement.  The Assignment and Assumption Agreement dated as of May 18, 2004 between EQTI and EQTHC, by which the transfer of shares from EQTI to EQTHC was effected, is attached hereto as Exhibit 10.9.

[Item 4 otherwise remains unchanged.]

Item 5.

Interest in Securities of the Issuer

Items 5(a), (b) and (c) are hereby amended by deleting the text thereof in their entirety and replacing it with the following:

(a)           EQTHC directly owns 11,527,971 shares of Issuer Common Stock, representing 16.98% of Issuer Common Stock outstanding as of May 3, 2004, which are subject to the Voting Agreement, the Registration Rights Agreement, the Termination Agreement, the Parent Voting Agreement and the Parent Registration Rights Agreement.  Equitable does not directly own any shares of Issuer Common Stock.  Equitable, however, as the parent of EQTHC, may be deemed to have indirect ownership of 11,527,971 shares of Issuer Common Stock.  Equitable disclaims beneficial ownership of the 11,527,971 shares of Issuer Common Stock held by EQTHC.

Murry S. Gerber directly owns 6,500 shares of Issuer Common Stock, representing .00957% of Issuer Common Stock outstanding as of May 3, 2004.  Mr. Gerber, Chairman, President and Chief Executive Officer of Equitable, the parent of EQTHC, may be deemed to have indirect ownership of 11,527,971 shares of Issuer Common Stock.  Mr. Gerber disclaims beneficial ownership of the 11,527,971 shares of Issuer Common Stock held by EQTHC.

David L. Porges directly owns 2,000 shares of Issuer Common Stock, representing .00294% of Issuer Common Stock outstanding as of May 3, 2004.  Mr. Porges, Executive Vice President and Chief Financial Officer of Equitable, the parent of EQTHC, may be deemed to have indirect ownership of 11,527,971 shares of Issuer Common Stock.  Mr. Porges disclaims beneficial ownership of the 11,527,971 shares of Issuer Common Stock held by EQTHC.

 

8



 

(b)           Each of Equitable and EQTHC may be deemed to have the sole power to vote and dispose of 11,527,971 shares of Issuer Common Stock.  Mr. Gerber may be deemed to have the sole power to vote and dispose of 11,534,471 shares of Issuer Common Stock.  Mr. Porges may be deemed to have the sole power to vote and dispose of 11,529,971 shares of Issuer Common Stock.  Each of Equitable, Mr. Gerber and Mr. Porges disclaims beneficial ownership of 11,527,971 shares of Issuer Common Stock held by EQTHC.  The principal business, if applicable, and the address of each of EQTHC, Equitable and Messrs. Porges and Gerber are listed in Item 2.  Messrs. Porges and Gerber are United States citizens.

Neither Equitable, EQTHC nor Messrs. Porges and Gerber have, during the past five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or an 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.

(c)  Except for the transfer of Issuer Common Stock transferred from EQTI to EQTHC as described in Item 4, none of the persons named in paragraph (a), above, has effected any transactions in Issuer Common Stock during the past 60 days.

(d)           [No change.]

(e)           [No change.]

 

9



 

Item 6.

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

Item 6 is amended by replacing the initial reference to “EQTI” with “EQTHC”, deleting item (h) and replacing it with “Joint Filing Agreement dated as of May 26, 2004”, and by adding new item (i), “Assignment and Assumption Agreement dated as of May 18, 2004 between EQTI and EQTHC.”

Item 6 remains otherwise unchanged.

Item 7.

Material to Be Filed as Exhibits

 

Item 7 is amended by deleting the exhibits listed therein and replacing it in its entirety as follows:

 

Exhibit
No.

 

Description

 

 

 

10.1

 

Termination Agreement, dated as of April 6, 2004, by and among Westport Resources Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.1 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.2

 

Voting Agreement, dated as of April 6, 2004, by and among Kerr-McGee Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.2 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.3

 

Registration Rights Agreement, dated as of April 6, 2004, by and among Kerr-McGee Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.3 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.4

 

Agreement and Plan of Merger, dated as of April 6, 2004, among Kerr-McGee Corporation, Kerr-McGee (Nevada) LLC, and Westport Resources Corporation (filed as Exhibit 2.1 to Form 8-K of Westport Resources Corporation filed with the SEC on April 7, 2004).

 

10



 

10.5

 

Termination and Voting Agreement, dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, ERI Investments, Inc., Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.1 to Equitable Resources, Inc.’s Amendment No. 2 to Schedule 13D on Westport Resources Corporation filed with the SEC on October 21, 2003).

 

 

 

10.6

 

Registration Rights Agreement, dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, ERI Investments, Inc., Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.2 to Equitable Resources, Inc.’s Amendment No. 2 to Schedule 13D on Westport Resources Corporation filed with the SEC on October 21, 2003).

 

 

 

10.7

 

Donor Pledge Agreement dated as of March 28, 2003 among NORESCO Holdings, Inc., Equitable Production Company, and Equitable Resources Foundation, Inc and certain parties named therein (filed as Exhibit 10.3 to Equitable Resources, Inc.’s Amendment No. 1 to Schedule 13D on Westport Resources Corporation filed with the SEC on April 7, 2003).

 

 

 

10.8

 

Contribution Agreement dated as of March 28, 2003 among NORESCO Holdings, Inc., Equitable Production Company, and ERI Investments, Inc. (filed as Exhibit 10.4 to Equitable Resources, Inc.’s Amendment No. 1 to Schedule 13D on Westport Resources Corporation filed with the SEC on April 7, 2003).

 

 

 

10.9

 

Assignment and Assumption Agreement dated as of May 18, 2004 between EQT Investments, LLC and EQT Holdings Company, LLC (filed herewith).

 

 

 

99.1

 

Joint Filing Agreement dated as of May 26, 2004 (filed herewith).

 

11



 

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.

 

Dated: May 26, 2004

 

 

 

 

 

 

EQT HOLDINGS COMPANY, LLC

 

 

 

 

By:

/s/ Monte L. Miller

 

 

Name:

Monte L. Miller

 

Title:

Treasurer

 

 

 

 

 

 

 

EQUITABLE RESOURCES, INC.

 

 

 

 

By:

/s/ Murry S. Gerber

 

 

Name:

Murry S. Gerber

 

Title:

Chairman, President and Chief Executive Officer

 

 

 

 

 

/s/ Murry S. Gerber

 

Murry S. Gerber

 

 

 

 

 

/s/ David L. Porges

 

David L. Porges

 

12



 

EXHIBIT INDEX

 

EXHIBIT
NUMBER

 

DESCRIPTION

 

 

 

10.1

 

Termination Agreement, dated as of April 6, 2004, by and among Westport Resources Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.1 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.2

 

Voting Agreement, dated as of April 6, 2004, by and among Kerr-McGee Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.2 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.3

 

Registration Rights Agreement, dated as of April 6, 2004, by and among Kerr-McGee Corporation, Westport Energy LLC, EQT Investments, LLC (a successor-in-interest to ERI Investments, Inc.), Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.3 to Equitable Resources, Inc.’s Amendment No. 5 to Schedule 13D on Westport Resources Corporation filed April 14, 2004).

 

 

 

10.4

 

Agreement and Plan of Merger, dated as of April 6, 2004, among Kerr-McGee Corporation, Kerr-McGee (Nevada) LLC, and Westport Resources Corporation (filed as Exhibit 2.1 to Form 8-K of Westport Resources Corporation filed with the SEC on April 7, 2004).

 

 

 

10.5

 

Termination and Voting Agreement, dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, ERI Investments, Inc., Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.1 to Equitable Resources, Inc.’s Amendment No. 2 to Schedule 13D on Westport Resources Corporation filed with the SEC on October 21, 2003).

 

 

 

10.6

 

Registration Rights Agreement, dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, ERI Investments, Inc., Medicor Foundation, and certain stockholders named therein (filed as Exhibit 10.2 to Equitable Resources, Inc.’s Amendment

 

13



 

 

 

No. 2 to Schedule 13D on Westport Resources Corporation filed with the SEC on October 21, 2003).

 

 

 

10.7

 

Donor Pledge Agreement dated as of March 28, 2003 among NORESCO Holdings, Inc., Equitable Production Company, and Equitable Resources Foundation, Inc and certain parties named therein (filed as Exhibit 10.3 to Equitable Resources, Inc.’s Amendment No. 1 to Schedule 13D on Westport Resources Corporation filed with the SEC on April 7, 2003).

 

 

 

10.8

 

Contribution Agreement dated as of March 28, 2003 among NORESCO Holdings, Inc., Equitable Production Company, and ERI Investments, Inc. (filed as Exhibit 10.4 to Equitable Resources, Inc.’s Amendment No. 1 to Schedule 13D on Westport Resources Corporation filed with the SEC on April 7, 2003).

 

 

 

10.9

 

Assignment and Assumption Agreement dated as of May 18, 2004 between EQT Investments, LLC and EQT Holdings Company, LLC (filed herewith).

 

 

 

99.1

 

Joint Filing Agreement dated as of May 26, 2004 (filed herewith).

 

14


EX-10.9 2 a04-6493_1ex10d9.htm EX-10.9

EXHIBIT 10.9

 

ASSIGNMENT AND ASSUMPTION AGREEMENT

 

This Assignment and Assumption Agreement (this “Assignment”), dated as of May 18, 2004, is made by and between EQT Investments, LLC, a Delaware limited liability company (“Assignor”), and EQT Holdings Company, LLC, a Delaware limited liability company and the wholly-owned subsidiary of Assignor (“Assignee”).

 

WITNESSETH:

 

WHEREAS, Assignor is making a capital contribution to Assignee consisting of, among other things, the 11,527,971 shares of common stock of Westport Resources Corporation (the “WRC Shares”) held beneficially and of record by Assignor;

 

WHEREAS, in connection with such capital contribution Assignor desires to assign to Assignee, and Assignee desires to assume from Assignor, all of Assignor’s rights and obligations under certain agreements relating to the WRC Shares.

 

NOW, THEREFORE, in consideration of the premises the parties hereto do hereby agree as follows:

 

1.               Assignment of WRC Shares.  Assignor hereby irrevocably assigns, transfers and conveys to Assignee as a capital contribution all its right, title and interest in and to the WRC Shares.

 

2.               Assignment of Related Rights and Obligations.  Assignor hereby irrevocably assigns, transfers and conveys to Assignee, and Assignee herby assumes from Assignor, all of Assignor’s rights and obligations under and in connection with the following:

 

a)              Registration Rights Agreement, dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, Assignor, Medicor Foundation and the persons and entities named on Exhibit A thereto;

 

b)             Voting Agreement, dated as of April 6, 2004, among Kerr-McGee Corporation and Assignor;

 

c)              Termination Agreement, dated as of April 6, 2004, by and among Westport Resources Corporation, Westport Energy LLC, Assignor, Medicor Foundation, and certain persons named on Exhibit A thereto; and

 

d)             Registration Rights Agreement, dated as of April 6, 2004, by and among Kerr-McGee Corporation, Westport Energy LLC, Medicor Foundation and Assignor.

 

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(collectively, the “Assumed Contracts”).  Assignee hereby assumes and agrees to timely pay, perform, satisfy, and discharge all of Assignor’s obligations under the Assumed Contracts if, as and when due in accordance with the terms thereof.

 

3.               With respect to the Termination and Voting Agreement (the “Termination and Voting Agreement” and, together with the Assumed Contracts, the “Subject Contracts”), dated as of October 1, 2003, by and among Westport Resources Corporation, Westport Energy LLC, Assignor, Medicor Foundation and the persons and entities named on Exhibit A thereto, (a) Assignor agrees to promptly seek the consents required pursuant to Section 4.7 of the Termination and Voting Agreement in order to duly assign, transfer and convey to Assignee all of Assignor’s rights and obligations under the Termination and Voting Agreement (the “Required Consents”), (b) upon receipt of the Required Consents and without further action by either party hereto, all of Assignor’s rights and obligations under the Termination and Voting Agreement shall be assigned, transferred and conveyed to and assumed by Assignee, and (c) during the period between the date hereof and the date of receipt of the Required Consents, Assignor agrees to consult with, and duly consider the interests of, the Assignee, prior to exercising any right or performing any duty under the Termination and Voting Agreement.

 

4.               Representations and Warranties of Assignor.  Assignor hereby represents and warrants, as of the date hereof that:

 

a)              It owns its right, title and interest in and to the WRC Shares and the Subject Contracts free and clear from any lien or adverse claim;

 

b)             A true and correct copy of each Subject Contract has been provided to Assignee; and

 

c)              No default on the part of Assignor has occurred in connection with any Subject Contracts.

 

5.               Miscellaneous.

 

a)              This Assignment supersedes any prior understandings or oral agreements among the parties respecting the subject matter hereof and constitutes the entire understanding and agreement among the parties with respect to the subject matter of this Agreement.

 

b)             This Assignment shall be governed by and construed in accordance with laws of the State of Nevada.

 

c)              The parties hereto covenant and agree that they will execute such further instruments and documents as are or may be necessary or convenient to effectuate and carry out the transaction contemplated by this Assignment.

 

d)             This Assignment shall be binding upon and insure to the benefit of the parties hereto and their respective successor, and assigns.

 

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e)              This Assignment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one document.

 

IN WITNESS WHEREOF, the undersigned have executed this Assignment and Assumption Agreement as of the date first written above.

 

EQT INVESTMENTS, LLC

 

 

By:

/S/ KENNETH J. KUBACKI

 

 

 

 

Its:

Vice President

 

 

 

 

EQT HOLDINGS COMPANY, LLC

 

 

 

 

By:

/S/ MONTE L. MILLER

 

 

 

 

Its:

Treasurer

 

 

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EX-99.1 3 a04-6493_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the common stock, par value $0.01 per share, of Westport Resources Corporation, a Nevada corporation, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.

 

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

 

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

 

[remainder of page intentionally left blank
signature pages to follow]

 

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IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of May 26, 2004.

 

 

EQT HOLDINGS COMPANY, LLC

 

 

 

 

By:

/s/ Monte C. Miller

 

 

Name:

Monte C. Miller

 

Title:

Treasurer

 

 

 

 

 

 

 

EQUITABLE RESOURCES, INC.

 

 

 

 

By:

/s/ Murry S. Gerber

 

 

Name:

Murry S. Gerber

 

Title:

Chairman, President and Chief Executive
Officer

 

 

 

/s/ Murry S. Gerber

 

 

Murry S. Gerber

 

 

 

 

 

/s/ David L. Porges

 

 

David L. Porges

 

 

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