SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
OMNI Energy Services Corp.
--------------------------
(Name of Issuer)
Common Stock, $0.01 par value
------------------------------
(Title of Class of Securities)
68210T 10 9
--------------
(CUSIP Number)
*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.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Steven T. Stull
- -----------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 7,787,162*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 7,787,162*
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 7,787,162*
- -----------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 51.9*
- -----------------------------------------------------------------
12) Type of Reporting Person (See Instructions) IN
- -----------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Partners Limited Partnership 72-1216872
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 293,983*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 293,983*
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 293,983*
- -----------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 2.0*
- -----------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
- -----------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Partners II Limited Partnership 72-1236549
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 993,831*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 993,831*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 993,831*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 6.6*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Corporation 72-1201602
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 1,287,814*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 1,287,814*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 1,287,814*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 8.6*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) CO
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Partners III Limited Partnership 72-1264304
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 1,616,060*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 1,616,060*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 1,616,060*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 10.8*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Management Corporation 72-1262990
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 1,616,060*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 1,616,060*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 1,616,060*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 10.8*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) CO
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Partners IV Limited Partnership 72-1291972
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 3,025,697*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 3,025,697*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 3,025,697*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 20.2*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Financial Company, L.L.C. 72-1295140
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 3,025,697*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 3,025,697*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 3,025,697*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 20.2*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) OO
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Partners V Limited Partnership 72-1310986
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 1,857,591*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 1,857,591*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 1,857,591*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 12.4*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
- -----------------------------------------------------------------------
*As of December 31, 1997.
CUSIP No. 68210T 10 9
- -----------------------------------------------------------------------
1) Name of Reporting Person
I.R.S. Identification No. of Above Person (entities
only)
Advantage Capital Advisors, L.L.C. 72-1310983
- -----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b)
- -----------------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------------
4) Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------
Number of
Shares Bene- (5) Sole Voting Power 0*
ficially ---------------------------------------------
Owned by
Each Reporting (6) Shared Voting Power 1,857,591*
Person ---------------------------------------------
With
(7) Sole Dispositive Power 0*
---------------------------------------------
(8) Shared Dispositive Power 1,857,591*
- -----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 1,857,591*
- -----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
- -----------------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row (9) 12.4*
- -----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) OO
- -----------------------------------------------------------------------
*As of December 31, 1997.
Item 1(a). Name of Issuer:
OMNI Energy Services Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
4484 NE Evangeline Thruway
Carencro, Louisiana 70520
Item 2(a). Name of Persons Filing:
Steven T. Stull
Advantage Capital Partners Limited Partnership
Advantage Capital Partners II Limited Partnership
Advantage Capital Corporation
Advantage Capital Partners III Limited Partnership
Advantage Capital Management Corporation
Advantage Capital Partners IV Limited Partnership
Advantage Capital Financial Company, L.L.C.
Advantage Capital Partners V Limited Partnership
Advantage Capital Advisors, L.L.C.
Item 2(b). Address of Principal Business Office:
Advantage Capital
909 Poydras Street
Suite 2230
New Orleans, Louisiana 70112
Item 2(c). Citizenship:
United States
Item 2(d). Title of Class of Securities:
Common Stock, $0.01 par value
Item 2(e). CUSIP Number:
68210T 10 9
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act
(d) [ ] Investment Company registered under
section 8 of the Investment Company Act
(e) [ ] Investment Adviser registered under
section 203 of the Investment Advisers Act of
1940
(f) [ ] Employee Benefit Plan, Pension Fund
which is subject to the provisions of the
Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-
1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance
with Section 240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Section 240.13d.13d-
1(b)(1)(ii)(H)
Item 4. Ownership:
(a) Amount Beneficially Owned See Item 9 of
Cover Pages
(b) Percent of Class See Item 11 of
Cover Pages
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote See Item 5 of
Cover Pages
(ii) shared power to vote or to direct the vote See Item 6 of
Cover Pages
(iii)sole power to dispose or to direct the
disposition of See Item 7 of
Cover Pages
(iv) shared power to dispose or to direct the
disposition of See Item 8 of
Cover Pages
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 5 percent of the
class of securities, check the following .
---
Item 6. Ownership of More than Five Percent on Behalf of
Another Person:
The securities reported herein are owned of record by
the following entities (collectively, the "Limited
Partnerships"):
Percentage
No. of of
Owner Shares Ownership
---------------------------------- ---------- ---------
Advantage Capital Partners Limited 293,983 2.0%
Partnership (Advantage Capital
Corporation, General Partner)
Advantage Capital Partners II 993,831 6.6%
Limited Partnership (Advantage
Capital Corporation, General
Partner)
Advantage Capital Partners III 1,616,060 10.8%
Limited Partnership (Advantage
Capital Management Corporation,
General Partner)
Advantage Capital Partners IV 3,025,697 20.2%
Limited Partnership (Advantage
Capital Financial Company, L.L.C.,
General Partner)
Advantage Capital Partners V 1,857,591 12.4%
Limited Partnership (Advantage
Capital Advisors, L.L.C., General
Partner)
The Limited Partnerships have the right to receive
dividends from and proceeds from any sale of the stock
listed above.
Mr. Stull is the president and majority
shareholder/member of each of Advantage Capital
Corporation, Advantage Capital Management Corporation,
Advantage Capital Financial Company and Advantage
Capital Advisors, L.L.C., and as a result of their
relationships with the Limited Partnerships, is deemed
to have beneficial ownership of the securities owned by
the Limited Partnerships.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company:
Not applicable.
Item 8. Identification and Classification of Members of the
Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
Not applicable.
SIGNATURE
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 as of
December 31, 1997.
February 13, 1997 /s/ Steven T. Stull
--------------------- -------------------------
Date Steven T. Stull
ADVANTAGE CAPITAL PARTNERS LIMITED
PARTNERSHIP
ADVANTAGE CAPITAL PARTNERS II
LIMITED PARTNERSHIP
By: Advantage Capital Corporation
General Partner
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL CORPORATION
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL PARTNERS III
LIMITED PARTNERSHIP
By: Advantage Capital Management
Corporation, General Partner
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL MANAGEMENT
CORPORATION
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL PARTNERS IV
LIMITED PARTNERSHIP
By: Advantage Capital Financial Company,
L.L.C., General Partner
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL FINANCIAL COMPANY, L.L.C.
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL PARTNERS V
LIMITED PARTNERSHIP
By: Advantage Capital Advisors, L.L.C.,
General Partner
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
ADVANTAGE CAPITAL ADVISORS, L.L.C.
By: /s/ Steven T. Stull
-----------------------
Steven T. Stull, President
EXHIBIT A
Identity of Members of the Group
Steven T. Stull
Advantage Capital Partners Limited Partnership
Advantage Capital Partners II Limited Partnership
Advantage Capital Partners III Limited Partnership
Advantage Capital Partners IV Limited Partnership
Advantage Capital Partners V Limited Partnership
Advantage Capital Corporation
Advantage Capital Management Corporation
Advantage Capital Financial Company, L.L.C.
Advantage Capital Advisors, L.L.C.
