-----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, GkJuslc5dEC/KmGwqPMrCdQ/IRjZkyXUwMsUJD6hICRHm5/f05+oNKZLSvsNv6pa Gkom/VERqOcFaJ4J7uo2xQ== 0000950133-99-003752.txt : 19991124 0000950133-99-003752.hdr.sgml : 19991124 ACCESSION NUMBER: 0000950133-99-003752 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991123 GROUP MEMBERS: EIF GENERAL PARTNER, L.L.C. GROUP MEMBERS: ENERGY INCOME FUND LP GROUP MEMBERS: GEORGE W. SIGULER GROUP MEMBERS: ROBERT D. GERSHEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FORELAND CORP CENTRAL INDEX KEY: 0000773326 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 870422812 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-39462 FILM NUMBER: 99763188 BUSINESS ADDRESS: STREET 1: 143 UNION BOULEVARD STREET 2: SUITE 210 CITY: LAKEWOOD STATE: CO ZIP: 80228 BUSINESS PHONE: 3039883122 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ENERGY INCOME FUND LP CENTRAL INDEX KEY: 0000933758 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 043309082 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 136 DWIGHT RD CITY: LONGMEADOW STATE: MA ZIP: 01106 BUSINESS PHONE: 4135677100 MAIL ADDRESS: STREET 1: 136 DWIGHT RD CITY: LONGMEADOW STATE: MA ZIP: 01106 SC 13D/A 1 AMENDMENT NO. 4 TO SCHEDULE 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 4) FORELAND CORPORATION - ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $.01 PAR VALUE - ------------------------------------------------------------------------------- (Title of Class of Securities) 345458301 - ------------------------------------------------------------------------------- (CUSIP Number) Russell J. Bruemmer Wilmer, Cutler & Pickering 2445 M Street, N.W. Washington, D.C. 20037 (202) 663-6000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 3, 1999 - -------------------------------------------------------------------------------- (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), Rule 13d-1(f) or Rule 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 Rule 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). (Continued on following pages) 2 SCHEDULE 13D
CUSIP NO. 345458301 PAGE 2 OF 7 PAGES - --------------------- ----------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Energy Income Fund, L.P. - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 -------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER NUMBER OF 2,083,333 SHARES BENEFICIALLY -------------------------------------------------------------------------------------------------------- OWNED BY 9 SOLE DISPOSITIVE POWER EACH 0 REPORTING PERSON -------------------------------------------------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.7% - ---------- ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ---------- -------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 3 SCHEDULE 13D
CUSIP NO. 345458301 PAGE 3 OF 7 PAGES - -------------------- ---------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EIF General Partner, L.L.C. - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 -------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER NUMBER OF 2,083,333 SHARES BENEFICIALLY -------------------------------------------------------------------------------------------------------- OWNED BY 9 SOLE DISPOSITIVE POWER EACH 0 REPORTING PERSON -------------------------------------------------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 2,083,333 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.7% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 4 SCHEDULE 13D
CUSIP NO. 345458301 PAGE 4 OF 7 PAGES - ------------------- ----------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robert D. Gershen - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 -------------------------------------------------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 2,083,333 BENEFICIALLY OWNED BY -------------------------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH -------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.7% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 5 SCHEDULE 13D
CUSIP NO. 345458301 PAGE 5 OF 7 PAGES - -------------------- ------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON George W. Siguler - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 -------------------------------------------------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 2,083,333 BENEFICIALLY OWNED BY -------------------------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH -------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,083,333 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.7% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 6 SCHEDULE 13D (CONTINUED) PAGE 6 OF 7 PAGES This Amendment No. 4 to Schedule 13D is filed by and on behalf of Energy Income Fund, L.P. ("EIF"), EIF General Partner, L.L.C. ("EIF General Partner"), Robert D. Gershen ("Gershen"), and George W. Siguler ("Siguler") (collectively, the "Reporting Persons") and relates to the common stock, $.01 par value ("Common Stock"), of Foreland Corporation (the "Issuer"). This Amendment No. 4 amends the initial statement on Schedule 13D dated January 15, 1998 (the "Initial Statement") as amended on November 30, 1998, March 8, 1999 and October 22, 1999. Capitalized terms used herein but not defined herein shall have the meanings ascribed to them in the Initial Statement. Item 4 is hereby supplemented as follows: Item 4. Purpose of Transaction. The following paragraph is added after the last paragraph of Item 4: On November 3, 1999, EIF delivered written notice to the Issuer that it was declaring all amounts owing under the debt financing immediately due and payable. Because the Issuer is not able to immediately pay amounts owing, EIF intends to foreclose on the collateral under the debt financing, which includes a substantial amount of the assets of the Issuer and its subsidiaries. On November 15, 1999, the Borrowers agreed to voluntarily surrender the collateral under the debt financing to EIF and to cooperate in the related foreclosure litigation. Item 7 is hereby amended by adding thereto the following: Item 7. Material to be Filed as Exhibits Exhibit I is the Voluntary Surrender Agreement dated November 15, 1999, by and between Foreland Corporation, Eagle Springs Production Limited Liability Company, Foreland Refining Corporation, Foreland Asphalt Corporation, Foreland Asset Corporation, Foreland Transportation, Inc. and Energy Income Fund, L.P. (Exhibit 10.01 to Foreland Corporation's Current Report on Form 8-K, filed with the Commission on November 18, 1999, is hereby incorporated by reference.) SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: November 23, 1999 ENERGY INCOME FUND, L.P. By: EIF General Partner, L.L.C. By: /s/ ROBERT D.GERSHEN ---------------------- Robert D. Gershen Managing Director EIF GENERAL PARTNER, L.L.C. By: /s/ ROBERT D. GERSHEN ---------------------------- Robert D. Gershen Managing Director /s/ ROBERT D. GERSHEN ------------------------ Robert D. Gershen /s/ GEORGE W. SIGULER ------------------------- George W. Siguler 7 SCHEDULE 13D (CONTINUED) PAGE 7 OF 7 PAGES EXHIBIT INDEX Exhibit I Voluntary Surrender Agreement dated November 15, 1999, by and between Foreland Corporation, Eagle Springs Production Limited Liability Company, Foreland Refining Corporation, Foreland Asphalt Corporation, Foreland Asset Corporation, Foreland Transportation, Inc. and Energy Income Fund, L.P. (Exhibit 10.01 to Foreland Corporation's Current Report on Form 8-K, filed with the Commission on November 18, 1999, is hereby incorporated by reference.) -----END PRIVACY-ENHANCED MESSAGE-----