-----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, Wxdi2mFOUNdpoi3mPSxCNstn3vWHwutEMAmZwJtLBd9oEnRzgG423B9IBkfT8RA3 e17MH9R+YgkoQG2QkJYd4w== 0001506007-10-000002.txt : 20101122 0001506007-10-000002.hdr.sgml : 20101122 20101122142625 ACCESSION NUMBER: 0001506007-10-000002 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20101122 DATE AS OF CHANGE: 20101122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MESA OFFSHORE TRUST CENTRAL INDEX KEY: 0000711303 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 766004065 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-37425 FILM NUMBER: 101208249 BUSINESS ADDRESS: STREET 1: BANK OF NEW YORK MELLON TRUST COMPANY STREET 2: 919 CONGRESS AVENUE, 5TH FLOOR CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 800-852-1422 MAIL ADDRESS: STREET 1: BANK OF NEW YORK MELLON TRUST COMPANY STREET 2: 919 CONGRESS AVENUE, 5TH FLOOR CITY: AUSTIN STATE: TX ZIP: 78701 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Singley Capital Management, Inc. CENTRAL INDEX KEY: 0001506007 IRS NUMBER: 721581441 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 14781 MEMORIAL DRIVE, SUITE 2081 CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: (832) 305-6353 MAIL ADDRESS: STREET 1: 14781 MEMORIAL DRIVE, SUITE 2081 CITY: HOUSTON STATE: TX ZIP: 77079 SC 13G 1 sc13g.htm sc13g

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Mesa Offshore Trust
(Name of Issuer)
Units of beneficial interest
(Title of Class of Securities)
590650107
(CUSIP Number)
August 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

13d-1(b)

oRule 13d-1(c)

oRule 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 in 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.

590650107







1
NAMES OF REPORTING PERSONS

Singley Capital Partners, LP






2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)


(a)o

(b)o



3
SEC USE ONLY







4
CITIZENSHIP OR PLACE OF ORGANIZATION



Delaware





5
SOLE VOTING POWER



NUMBER OF
14,255,101




SHARES 6
SHARED VOTING POWER
BENEFICIALLY

OWNED BY
0




EACH 7
SOLE DISPOSITIVE POWER
REPORTING

PERSON
14,255,101




WITH: 8
SHARED DISPOSITIVE POWER





0



9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON



14,255,101



10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)



o



11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)



19.8%



12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)



PN

2













CUSIP No.

590650107







1
NAMES OF REPORTING PERSONS

Singley Capital Management, Inc.






2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)


(a)o

(b)o



3
SEC USE ONLY







4
CITIZENSHIP OR PLACE OF ORGANIZATION



Texas





5
SOLE VOTING POWER



NUMBER OF
45,000




SHARES 6
SHARED VOTING POWER
BENEFICIALLY

OWNED BY
0




EACH 7
SOLE DISPOSITIVE POWER
REPORTING

PERSON
14,255,101




WITH: 8
SHARED DISPOSITIVE POWER





210,000



9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON



14,510,101



10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)



o



11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)



20.2%



12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)



CO, IA

3













CUSIP No.

590650107







1
NAMES OF REPORTING PERSONS

Singley Capital GP, Inc.






2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)


(a)o

(b)o



3
SEC USE ONLY







4
CITIZENSHIP OR PLACE OF ORGANIZATION



Delaware





5
SOLE VOTING POWER



NUMBER OF
14,255,101




SHARES 6
SHARED VOTING POWER
BENEFICIALLY

OWNED BY
0




EACH 7
SOLE DISPOSITIVE POWER
REPORTING

PERSON
0




WITH: 8
SHARED DISPOSITIVE POWER





0



9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON



14,255,101



10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)



o



11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)



19.8%



12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)



CO

4













CUSIP No.

590650107







1
NAMES OF REPORTING PERSONS

Christopher Singley






2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)


(a)o

(b)o



3
SEC USE ONLY







4
CITIZENSHIP OR PLACE OF ORGANIZATION



United States





5
SOLE VOTING POWER



NUMBER OF
14,255,101




SHARES 6
SHARED VOTING POWER
BENEFICIALLY

OWNED BY
0




EACH 7
SOLE DISPOSITIVE POWER
REPORTING

PERSON
14,255,101




WITH: 8
SHARED DISPOSITIVE POWER





210,000



9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON



14,510,101



10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)



o



11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)



20.2%



12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)



IN, HC

5













CUSIP No.

590650107

SCHEDULE 13G
This Schedule 13G (this "Schedule 13G") relates to Units of Beneficial Interest ("Units") of Mesa Offshore Trust, a Texas trust (the "Issuer"), and is being filed on behalf of Singley Capital Partners, L.P. ("SCP"), a Delaware limited partnership, Singley Capital Management, Inc. ("SCM"), a Texas corporation, as the investment manager to SCP, Singley Capital GP, Inc. ("SCGP"), a Delaware corporation, as the general partner of SCP, and Christopher Singley, the president of SCM and SCGP.



Item1(a)

Name of Issuer.





Mesa Offshore Trust



Item1(b)

Address of Issuer's Principal Executive Offices.





JPMorgan Chase Bank, N.A., Trustee
Institutional Trust Services
919 Congress Avenue
Austin, Texas 78701



Item2(a)

Name of Person Filing.





Singley Capital Partners, L.P. ("SCP"), Singley Capital Management, Inc. ("SCM"), Singley Capital GP, Inc. ("SCGP"), and Christopher Singley.



Item 2(b)

Address of Principal Business Office, or, if none, Residence.





14781 Memorial Drive, Suite 2081
Houston, Texas 77079



Item 2(c)

Citizenship or Place of Organization.





SCP is a Delaware limited partnership.

SCM is a Texas corporation.

SCGP is a Delaware corporation.

Mr. Singley is a United States citizen.



Item2(d)

Title of Class of Securities.





Units of Beneficial Interest (the "Units").



Item 2(e)

CUSIP Number.





590650107

6













CUSIP No.

590650107




Item 3

If this statement is filed pursuant to sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:









(a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).









(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).









(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).









(d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).









(e)

An investment advisor in accordance with section 240.13d-1(b)(1)(ii)(E).









(f)
o
An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F).









(g)
o
A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G).









(h)
o
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).









(i)
o
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 (15 U.S.C. 80a-3).









(j)
o
Group, in accordance with section 240.13d-1(b)(1)(ii)(J).



Item 4

Ownership.







(a)
SCP owns 14,255,101 Units.  Because SCGP, as SCP's general partner, has sole voting power over SCP's security holdings, and SCM, as SCP's invesment manager, has sole power over the investment of SCP's security holdings, each of SCGP and SCM may be deemed to have beneficial ownership of the Units owned of record by SCP.   SCGP thus may be deemed to have beneficial ownership of 14,255,101 Units.

Additionally, SCM owns 45,000 Units for its own account, and shares investment power over another 210,00 Units owned by other investment advisory clients of SCM.  SCM thus may be deemed to have benfeficial ownership of a total of 14,510,101 Units.  Because Mr. Singley controls all voting and investment decisions of SCM and SCGP, he may be deemed to have beneficial ownership of 14,510,101 Units.







(b)
Each of SCP and SCGP may be deemed to have beneficial ownership of 19.8% of the Issuer's outstanding Units.

Each of SCM and Mr. Singley may be deemed to have beneficial ownership of 20.2% of the Issuer's outstanding Units.

These percentages were calculated based on 71,980,216 Units outstanding as of August 14, 2010, as reported in the Issuer's most recent Form10-Q filed with the Securities and Exchange Commission on August 16, 2010.







(c)
With respect to the 14,255,101 Units held by SCP, Mr. Singley has the sole power to vote and dispose or direct the disposition of such Units.

With respect to the 45,000 Units held by SCM for its own account, Mr. Singley has the sole power to vote and dispose or direct the disposition of such Units.

With respect to the 210,000 Units held by other investment advisory clients of SCM, Mr. Singley shares power to dispose or direct the disposition of such Units, but has no power to vote them.



Item 5

Ownership of Five Percent or Less of a Class.







Inapplicable.

7













CUSIP No.

590650107




Item 6
  Ownership of More Than Five Percent on Behalf of Another Person.





Inapplicable.



Item 7

Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.





Inapplicable.



Item8

Identification and Classification of Members of the Group.





Inapplicable.



Item9

Notice of Dissolution of Group.





Inapplicable.



Item 10

Certification.





By signing below each of the Reporting Persons certifies that, to the best of such person's knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and were 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.



Exhibits

Exhibit 1





Joint Filing Agreement by and among the Reporting Persons.

8













CUSIP No.

590650107

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.
Date: November 20, 2010







Singley Capital Partners, LP


By: Singley Capital GP, Inc., its general partner




By: /s/ Christopher Singley



Name: Christopher Singley



Title: President



Singley Capital Management, Inc.


By: /s/ Christopher Singley


Name: Christopher Singley


Title: President




Singley Capital GP, Inc.


By: /s/ Christopher Singley


Name: Christopher Singley


Title: Manager




/s/ Christopher Singley

Christopher Singley



9

EX-99 2 sc13g_ex1.htm exv99w1
EXHIBIT 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 13G (including any and all amendments thereto) with respect to the Units of Beneficial Interest of Mesa Offshore Trust, a Texas Trust, 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 13G 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.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of November 20, 2010.







Singley Capital Partners, LP


By: Singley Capital GP, Inc., its general partner





By: /s/ Christopher Singley



Name: Christopher Singley


Title: President


Singley Capital Management, Inc.


By: /s/ Christopher Singley


Name: Christopher Singley


Title: President

1









Singley Capital GP, Inc.


By: /s/ Christopher Singley


Name: Christopher Singley


Title: President




/s/ Christopher Singley

Christopher Singley




2

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