UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
National-Oilwell, Inc.
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(Name of Issuer)
Common Stock, par value $.01
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(Title of Class of Securities)
637071 10 1
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required 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).
SEC 1745 (11-99)
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CUSIP No. 637071 10 1
1 Name of Reporting Person: Westburne Inc.
I.R.S. Identification No. of above person (entities only): Not Applicable
2 Check the Appropriate Box if a Member of a Group (See Instructions): (a) [ ]
(b) [ ]
3 SEC Use Only
4 Citizenship or Place of Organization: Canada
5 Sole Voting Power: 905,500 shares
NUMBER OF
SHARES 6 Shared Voting Power: 0
BENEFICIALLY
OWNED BY 7 Sole Dispositive Power: 905,500 shares
EACH
REPORTING 8 Shared Dispositive Power: 0
PERSON
WITH
9 Aggregate Amount Beneficially Owned by Each Reporting Person: 905,500 shares.
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions): [ ]
11 Percent of Class Represented by Amount in Row (9): 1.55%
12 Type of Reporting Person: CO
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<PAGE>
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned (as of December 31, 1999): 905,500 shares
(b) Percent of class: 1.55%
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote: 905,500
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 905,500
(iv) shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [X].
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.
March 1, 2000
Westburne Inc.
By: /s/Rene Merat
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Rene Merat
Vice-President, General Counsel
& Secretary
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