SC 13D/A 1 d07088sc13dza.txt AMENDMENT NO. 9 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- AMENDMENT NO. 9 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 WESTPORT RESOURCES CORPORATION (F/K/A BELCO OIL & GAS CORP.) (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 961418100 077410108 -------------- ------------------ (CUSIP Number) (Old CUSIP Number) ROBERT A. BELFER 767 FIFTH AVENUE, 46TH FLOOR NEW YORK, NEW YORK 10153 (212) 644-2200 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 12, 2003 (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), 13d-1(f) or 13d-1(g), check the following box. [ ] Check the following box if a fee is being paid with this statement [ ] 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, as amended (the "Act"), or otherwise subject to the liabilities of that Section of the Act but shall be subject to all other provisions of the Act. (Continued on following pages) CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) The total number of shares of Common Stock (as defined herein) reported herein is 3,571,491 which constitutes 5.2% of the total number of shares outstanding. Ownership percentages set forth herein assume that at June 12, 2003 there were 66,958,939 shares of Common Stock outstanding and 2,930,000 shares of Preferred Stock (as defined herein) outstanding and convertible into 1,364,779 shares of Common Stock, at a conversion rate of 0.465795 of a share of Common Stock per share of Preferred Stock. 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) ROBERT A. BELFER -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 NEW YORK, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 3,331,487 Number of Shares Beneficially 8 Shared Voting Power 240,004 Owned by Each Reporting 9 Sole Dispositive Power 3,331,487 Person With 10 Shared Dispositive Power 240,004 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 3,571,491 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 5.2% -------------------------------------------------------------------------------- 14 Type of Reporting Person IN --------------------------------------------------------------------------------
Page 2 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) RENEE E. BELFER -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 NEW YORK, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 0 Number of Shares Beneficially 8 Shared Voting Power 174,793 Owned by Each Reporting 9 Sole Dispositive Power 0 Person With 10 Shared Dispositive Power 174,793 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 174,793 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person IN --------------------------------------------------------------------------------
Page 3 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) BELFER CORP. -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 DELAWARE, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 1,100,155 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 1,100,155 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 1,100,155 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 1.6% -------------------------------------------------------------------------------- 14 Type of Reporting Person CO --------------------------------------------------------------------------------
Page 4 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) ROBERT A. AND RENEE E. BELFER FAMILY FOUNDATION -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 NEW YORK, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 174,793 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 174,793 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 174,793 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person OO --------------------------------------------------------------------------------
Page 5 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) RENEE HOLDINGS PARTNERSHIP, L.P. -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 DELAWARE, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 566,810 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 566,810 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 566,810 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person PN --------------------------------------------------------------------------------
Page 6 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) A&B INVESTORS, INC. -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 NEW YORK, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 65,211 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 65,211 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 65,211 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person CO --------------------------------------------------------------------------------
Page 7 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) BELWEST PETROLEUM, INC. -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 DELAWARE, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 136 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 136 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 136 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person CO --------------------------------------------------------------------------------
Page 8 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) BELFER TWO CORP -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 NEW YORK, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 1,165,693 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 1,165,693 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 1,165,693 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 1.7% -------------------------------------------------------------------------------- 14 Type of Reporting Person CO --------------------------------------------------------------------------------
Page 9 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) 1 Name of Reporting Person I.R.S. Identification No. of above person (entities only) LIZ PARTNERS LP -------------------------------------------------------------------------------- 2 Check the appropriate box if a member of a group (a): [x] (b): [ ] -------------------------------------------------------------------------------- 3 SEC use only -------------------------------------------------------------------------------- 4 Source of Funds 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 DELAWARE, UNITED STATES -------------------------------------------------------------------------------- 7 Sole Voting Power 495,899 Number of Shares Beneficially 8 Shared Voting Power 0 Owned by Each Reporting 9 Sole Dispositive Power 495,899 Person With 10 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by each Reporting Person 495,899 -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Less than 1% -------------------------------------------------------------------------------- 14 Type of Reporting Person PN --------------------------------------------------------------------------------
Page 10 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) THIS AMENDMENT NO. 9 RELATES TO THE SCHEDULE 13D ORIGINALLY FILED ON BEHALF OF THE REPORTING PERSONS WITH THE SECURITIES AND EXCHANGE COMMISSION (THE "COMMISSION") ON APRIL 8, 1996, AS AMENDED BY AMENDMENT NO. 1 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON APRIL 9, 1996, AMENDMENT NO. 2 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON JUNE 12, 1998, AMENDMENT NO. 3 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON NOVEMBER 2, 1999, AMENDMENT NO. 4 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON JUNE 15, 2001, AMENDMENT NO. 5 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON JUL 31, 2001, AMENDMENT NO. 6 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON AUGUST 31, 2001, AMENDMENT NO. 7 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON SEPTEMBER 5, 2001 AND AMENDMENT NO. 8 FILED ON BEHALF OF THE REPORTING PERSONS WITH THE COMMISSION ON OCTOBER 30, 2002. THE TEXT OF ITEMS 2, 4, AND 5 OF SAID SCHEDULE 13D IS HEREBY AMENDED AS FOLLOWS: ITEM 2. IDENTITY AND BACKGROUND. Item 2(a) is hereby amended by deleting the text thereof in its entirety and replacing it with the following. (a) This statement is filed by Robert A. Belfer ("Mr. Belfer"), Renee E. Belfer, Belfer Corp. ("BC"), A&B Investors, Inc. ("A&B"), Belwest Petroleum, Inc. ("BPI"), Belfer Two Corp. ("B2C"), the Robert A. and Renee E. Belfer Family Foundation ("Belfer Family Foundation"), Renee Holdings Partnership, L.P. ("Renee Holdings"), and Liz Partners L.P. ("Liz Partners"), collectively (the "Reporting Persons"). Item 2(b) is hereby amended by deleting the text thereof in its entirety and replacing it with the following. (b) The business addresses for the Reporting Persons is 767 Fifth Avenue, 46th Floor, New York, New York 10153. Item 2(c) is hereby amended by deleting the text thereof in its entirety and replacing it with the following. (c) Mr. Belfer is: (i) a director of the Issuer, (ii) the president, sole director, and sole shareholder of BC and BPI, (iii) general partner of Renee Holdings, (iv) the managing member of Liz Associates LLC, which is the general partner of Liz Partners, (v) donor trustee of the Belfer Family Foundation, (vi) 50% owner of A&B and (vii) the president and sole director of B2C, at the address listed in Item 1. Renee E. Belfer is the sole shareholder of B2C, a co-trustee of the Belfer Family Foundation, and a member of Liz Associates LLC. ITEM 4. PURPOSE OF TRANSACTION. Item 4 is hereby amended by deleting the text thereof in its entirety and replacing it with the following: Since the filing of the statement on Schedule 13D, as amended, the transactions described in Item 5(c) of this Schedule 13D and the following dispositions of securities of the Issuer have occurred: (1) On June 2, 2003, BC contributed 1,750,000 shares of Common Stock, as a capital contribution, to REFLEB LLC, a single member limited liability company of which BC is the sole member. Page 11 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) (2) On June 12, 2003, REFLEB LLC, contributed 1,750,000 shares of Common Stock to REFLEB II LLC, a limited liability company not controlled by the Reporting Persons in exchange for a 99.5% member interest in REFLEB II LLC.* Mr. Belfer and the other Reporting Persons intend to review their investment in the Company on a continuing basis. Depending upon the price of the Common Stock and the Preferred Stock, subsequent developments affecting the Company, the Company's business and prospects, general stock market and economic conditions, tax considerations and other factors deemed relevant, the Reporting Persons may purchase or dispose of additional shares of Common Stock and Preferred Stock from time to time in the open market or in privately negotiated transactions. Any such purchases or dispositions will be for the account of the Reporting Person making the purchase and any such purchases will be made with the personal or corporate funds of the acquiring Reporting Person. From time to time shares of Common Stock or Preferred Stock may be transferred by gift or other similar disposition among the Reporting Persons or to third parties. Except as set forth in this Item 4, none of the Reporting Persons has any plans or proposal that relates to or would result in any of the actions specified in clauses (a) through (j) of Item 4 to Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5(a) is hereby amended by deleting the text thereof in its entirety and replacing it with the following: (a) (i) ROBERT A. BELFER. Mr. Belfer directly owns no shares of Common Stock and 6,000 shares of Preferred Stock convertible into 2,794 shares (less than 1%) of Common Stock. By virtue of being the sole executive officer, director and sole shareholder of BC and BPI, the general partner of Renee Holdings, the president of B2C and the managing member of the general partner of Liz Partners, Mr. Belfer may be deemed to possess full voting and dispositive powers with respect to those shares held by BC, BPI, Renee Holdings, B2C and Liz Partners, representing an aggregate of 3,148,897 shares (4.6%) of Common Stock and 386,000 shares of Preferred Stock convertible into 179,796 shares of Common Stock for a total of 3,328,693 (4.9%) of Common Stock. By virtue of being donor trustee of the Belfer Family Foundation and 50% owner of A&B, Mr. Belfer may be deemed to share voting and dispositive powers with respect to those shares held by the Belfer Family Foundation and A&B, representing an aggregate of 174,793 shares (less than 1%) of Common Stock and 140,000 shares of Preferred Stock convertible into 65,211 shares of Common Stock for a total of 240,004 shares (less than 1%) of Common Stock. (ii) RENEE E. BELFER. Renee E. Belfer owns no shares of Common Stock. By virtue of being a co-trustee of the Belfer Family Foundation, Renee E. Belfer may be deemed to share voting and dispositive power with respect to the shares of Common Stock held by the Belfer Family Foundation, representing 174,793 shares (less than 1%) of Common Stock. (iii) BC. BC owns 1,003,270 shares (1.5%) of Common Stock and 208,000 shares of Preferred Stock convertible into 96,885 shares of Common Stock for a total of 1,100,155 shares (1.6%) of Common Stock. (iv) BPI. BPI owns 136 shares (less than 1%) of Common Stock. (v) BELFER FAMILY FOUNDATION. The Belfer Family Foundation owns 174,793 shares (less than 1%) of Common Stock. ---------- * REFLEB II LLC is managed by an independent money manager who owns the remaining .5% member interest in REFLEB II LLC Page 12 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) (vi) A&B. A&B owns 140,000 shares of Preferred Stock convertible into 65,211 shares (less than 1%) of Common Stock. (vii) RENEE HOLDINGS. Renee Holdings owns 492,283 shares (less than 1%) of Common Stock and 160,000 shares of Preferred Stock convertible into 74,527 shares of Common Stock for a total of 566,810 shares (less than 1%) of Common Stock. (viii) B2C. B2C owns 1,157,309 shares (1.7%) of Common Stock and 18,000 shares of Preferred Stock convertible into 8,384 shares of Common Stock for a total of 1,165,693 shares (1.7%) of Common Stock. (ix) LIZ PARTNERS. Liz Partners owns 495,899 shares (less than 1%) of Common Stock. Item 5(b) is hereby amended by deleting the text thereof in its entirety and replacing it with the following: (b) (i) ROBERT A. BELFER. Mr. Belfer has sole power to vote or dispose of an aggregate of 3,148,897 shares of Common Stock and 392,000 shares of Preferred Stock. Mr. Belfer shares power to vote or dispose of 174,793 shares of Common Stock with Renee E. Belfer and shares power to vote or dispose of 140,000 shares of Preferred Stock with Robert Alpert. Item 2 information regarding Robert Alpert is attached hereto as Exhibit 10.5. (ii) RENEE E. BELFER. Renee E. Belfer shares the power to vote or dispose of 174,793 shares of Common Stock with Mr. Belfer. (iii) BC. BC has sole power to vote or dispose of 1,003,270 shares of Common Stock and 208,000 shares of Preferred Stock (iv) BPI. BPI has sole power to vote or dispose of 136 shares of Common Stock. (v) BELFER FAMILY FOUNDATION. The Belfer Family Foundation has sole power to vote or dispose of 174,793 shares of Common Stock. (vi) A&B. A&B has sole power to vote or dispose of 140,000 shares of Preferred Stock. (vii) RENEE HOLDINGS. Renee Holdings has sole power to vote or dispose of 492,283 shares of Common Stock and 160,000 shares of Preferred Stock. (viii) B2C. B2C has sole power to vote or dispose of 1,157,309 shares of Common Stock and 18,000 shares of Preferred Stock. (ix) LIZ PARTNERS. Liz Partners has sole power to vote or dispose of 495,899 shares of Common Stock. Item 5(c) is hereby amended by deleting the text thereof in its entirety and replacing it with the following: (c) On March 21, 2003, the Belfer Family Foundation sold 12,000 shares of Common Stock on the open market at the price of $19.9072 per share. (i) On March 24, 2003, the Belfer Family Foundation sold 10,000 shares of Common Stock on the open market at the price of $19.9819 per share. (ii) On March 25, 2003, the Belfer Family Foundation sold 17,000 shares of Common Stock on the open market at the price of $20.2553 per share. Page 13 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) (iii) On May 8, 2003, the Belfer Family Foundation sold 10,000 shares of Common Stock on the open market at the price of $21.689 per share. (iv) On May 9, 2003, the Belfer Family Foundation sold 17,000 shares of Common Stock on the open market at the price of $21.5982 per share. (v) On May 12, 2003, the Belfer Family Foundation sold 12,000 shares of Common Stock on the open market at the price of $21.7686 per share. (vi) On May 13, 2003, the Belfer Family Foundation sold 2,000 shares of Common Stock on the open market at the price of $21.75 per share. (vii) On March 13, 2003, the Belfer Family Foundation sold 2,000 shares of Common Stock on the open market at the price of $21.69 per share. (viii) On May 14, 2003, the Belfer Family Foundation sold 1,800 shares of Common Stock on the open market at the price of $21.68 per share. (ix) On May 14, 2003, the Belfer Family Foundation sold 1,000 shares of Common Stock on the open market at the price of $21.69 per share. (x) On May 14, 2003, the Belfer Family Foundation sold 1,200 shares of Common Stock on the open market at the price of $21.70 per share. (xi) On May 14, 2003, the Belfer Family Foundation sold 2,000 shares of Common Stock on the open market at the price of $21.81 per share. (xii) On May 14, 2003, the Belfer Family Foundation sold 1,000 shares of Common Stock on the open market at the price of $21.72 per share. Page 14 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. June 30, 2003 ROBERT A. BELFER By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer RENEE E. BELFER By: /s/ Renee E. Belfer ------------------------------------------------- Name: Renee E. Belfer BELFER CORP. By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: President BELFER TWO CORP. By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: President THE ROBERT A. AND RENEE E. BELFER FAMILY FOUNDATION By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: Trustee RENEE HOLDINGS PARTNERSHIP, L.P. By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: General Partner LIZ PARTNERS, L.P. By: Liz Associates LLC Title: General Partner By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: Managing Member, Liz Associates, LLC S-1 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) A&B INVESTORS, INC. By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: BELWEST PETROLEUM, INC. By: /s/ Robert A. Belfer ------------------------------------------------- Name: Robert A. Belfer Title: President S-2 CUSIP NO. 961418100 (OLD CUSIP NO. 077410108) EXHIBIT INDEX Exhibit 10.1*: Agreement and Plan of Merger, dated June 8, 2001 between Belco Oil & Gas Corp. and Westport Resources Corporation (Incorporated by reference from Exhibit 2.1 to the Issuer's Current Report on Form 8-K, filed June 14, 2001). Exhibit 10.2*: Third Amended and Restated Shareholders Agreement, dated as of February 14, 2003, among the Company, Equitable Resources, Inc., Medicor Foundation, Westport Energy, LLC and certain stockholders named therein (incorporated by reference to Exhibit 4.3 to the Issuer's Annual Report on Form 10-K for the year ended December 31, 2002, filed on March 10, 2003). Exhibit 10.3*: Belco Voting Agreement, dated June 8, 2001, among Westport Resources Corporation, Belco Oil & Gas Corp. and certain shareholders set forth on Schedule A thereto (Incorporated by reference from Exhibit 2.3 to the Issuer's Current Report on Form 8-K, filed June 14, 2001). Exhibit 10.4*: Westport Voting Agreement, dated June 8, 2001, among Westport Resources Corporation, Belco Oil & Gas Corp., ERI Investments, Inc. and Westport Energy LLC (Incorporated by reference from Exhibit 2.2 to the Issuer's Current Report on Form 8-K, filed June 14, 2001). Exhibit 10.5*: Item 2 information regarding Robert Alpert. Exhibit 99.1: Joint Filing Statement. ---------- * Previously filed. E-1