<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
PRIZE ENERGY CORP.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
74267L106
- --------------------------------------------------------------------------------
(CUSIP Number)
RICHARD L. COVINGTON
125 E. JOHN CARPENTER FREEWAY
SUITE 600
IRVING, TEXAS 75062
(972) 432-1440
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- with copies to -
ROBERT A. CURRY
CONNER & WINTERS
A PROFESSIONAL CORPORATION
3700 FIRST PLACE TOWER
15 E. 5TH STREET
TULSA, OKLAHOMA 74103-4344
(918) 586-5711
MARCH 31, 2000
- --------------------------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7(b) 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 (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 (however, see the
Notes).
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 2
<TABLE>
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NATURAL GAS PARTNERS V, L.P. 75-2762871
- -------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions) OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- -------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- -------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 7,326,821
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER -0-
OWNED BY EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER 7,326,821
PERSON -------------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER -0-
- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,326,821
- -------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (See Instructions) [ ]
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 55.2%*
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14 TYPE OF REPORTING PERSON (See Instructions) PN
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</TABLE>
*Assumes the conversion of 3,984,197 shares of Series A 6% Convertible Preferred
Stock of the Company owned by Pioneer Natural Resources USA, Inc. into 3,984,197
shares of Common Stock of the Company and the purchase by the Company of
1,346,482 of such shares of Common Stock.
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 3
<TABLE>
<S> <C> <C>
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
G.F.W. ENERGY V, L.P. 75-2762869
- -------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions) OO
- -------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- -------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- -------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 7,326,821
SHARES ----------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER -0-
OWNED BY EACH ----------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER 7,326,821
PERSON ----------------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER -0-
- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,326,821
- -------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (See Instructions) [ ]
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 55.2%*
- -------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions) PN
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
*Assumes the conversion of 3,984,197 shares of Series A 6% Convertible Preferred
Stock of the Company owned by Pioneer Natural Resources USA, Inc. into 3,984,197
shares of Common Stock of the Company and the purchase by the Company of
1,346,482 of such shares of Common Stock.
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 4
<TABLE>
<S> <C> <C>
- --------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GFW V, L.L.C. 75-2762867
- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions) OO
- --------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 7,326,821
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER -0-
OWNED BY EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER 7,326,821
PERSON --------------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,326,821
- --------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 55.2%*
- --------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions) PN
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
*Assumes the conversion of 3,984,197 shares of Series A 6% Convertible Preferred
Stock of the Company owned by Pioneer Natural Resources USA, Inc. into 3,984,197
shares of Common Stock of the Company and the purchase by the Company of
1,346,482 of such shares of Common Stock.
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 5
<TABLE>
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
KENNETH A. HERSH
- -------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions) OO
- -------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- -------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
- -------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 20,300
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 7,326,821
OWNED BY EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER 20,300
PERSON --------------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER 7,326,821
- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,347,121
- -------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (See Instructions) [ ]
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 55.4%*
- -------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions) IN
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
Assumes the conversion of 3,984,197 shares of Series A 6% Convertible Preferred
Stock of the Company owned by Pioneer Natural Resources USA, Inc. into 3,984,197
shares of Common Stock of the Company and the purchase by the Company of
1,346,482 of such shares of Common Stock.
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 6
<TABLE>
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
DAVID R. ALBIN
- -------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions) OO
- -------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- -------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
- -------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER -0-
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 7,326,821
OWNED BY EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON -------------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER 7,326,821
- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,326,821
- -------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (See Instructions) [ ]
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 55.2%*
- -------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions) IN
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
Assumes the conversion of 3,984,197 shares of Series A 6% Convertible Preferred
Stock of the Company owned by Pioneer Natural Resources USA, Inc. into 3,984,197
shares of Common Stock of the Company and the purchase by the Company of
1,346,482 of such shares of Common Stock.
<PAGE> 7
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 7
This Amendment No. 1 amends the Schedule 13D originally filed on February
17, 2000 (the "Schedule 13D"), and relates to shares of common stock, par value
$.01 per share ("Common Stock"), of Prize Energy Corp. (formerly known as Vista
Energy Resources, Inc.), a Delaware corporation (the "Company"). The Company's
principal executive offices are located at 3500 William D. Tate, Suite 200,
Grapevine, Texas 76051. Capitalized terms used without definition in this
Amendment No. 1 shall have the respective meanings ascribed to them in the
Schedule 13D. Use of the words "herein" and "hereof" are references to the
Schedule 13D, as amended by this Amendment No. 1.
ITEM 1. SECURITY AND ISSUER
No modification.
ITEM 2. IDENTITY AND BACKGROUND
No modification.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 of the Schedule 13D is hereby amended by adding the following to the
end thereof:
Hersh acquired an additional 14,600 shares of Common Stock reported herein
for cash in the aggregate amount of $186,474. The source of such funds was the
personal funds of Hersh.
On March 31, 2000, a change in the percentage ownership of the Reporting
Persons occurred solely as a result of the conversion of 3,984,197 shares of
Series A 6% Convertible Preferred Stock of the Company owned by Pioneer Natural
Resources USA, Inc. into 3,984,197 shares of Common Stock and the purchase by
the Company of 1,346,482 of such shares of Common Stock. Therefore, no funds or
consideration were expended by the Reporting Persons, except the funds expended
by Hersh to acquire the 14,600 shares of Common Stock.
ITEM 4. PURPOSE OF THE TRANSACTION
Item 4 of the Schedule 13D is hereby amended by adding the following to the
end thereof:
Hersh purchased the 14,600 shares of Common Stock in order to acquire an
additional equity interest in the Company. Hersh acquired such securities for
investment purposes.
<PAGE> 8
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 8
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Parts (a), (b) and (c) of Item 5 of the Schedule 13D are hereby replaced in
their entirety as follows:
(a) and (b) Each of NGP V, GFWLP and GFWLLC is the beneficial owner of
7,326,821 shares of Common Stock which represent 55.2% of the outstanding shares
of Common Stock. Each such Reporting Person has the sole power to vote and
dispose of such shares. Hersh and Albin constitute a majority of the managing
members of the entity that serves as the ultimate general partner of NGP V and
they own interests in the general partner of NGP V. Accordingly, they may be
deemed to share the power to direct the vote or to direct the disposition of the
shares of Common Stock owned by NGP V. Hersh and Albin disclaim beneficial
ownership of these shares. As permitted by Rule 13d-4, the filing of this
statement shall not be construed as an admission that Hersh or Albin is the
beneficial owner of any securities beneficially owned by NGP V. Hersh is the
beneficial owner of 20,300 additional shares of Common Stock, with respect to
which he has the sole power of vote and disposition.
(c) Except for the Merger and the acquisition of shares of Common Stock
therein, the Reporting Persons have not effected any transactions in Common
Stock during the past 60 days except that Hersh acquired 14,600 shares of Common
Stock during the period from February 18 to March 7, 2000.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
No modification.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
No modification.
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: April 7, 2000 Natural Gas Partners V, L.P.
By: GFW Energy V, L.P., General Partner
By: GFW V, L.L.C., General Partner
By: /s/ David R. Albin
-----------------------------------------
David R. Albin
Authorized Member
<PAGE> 9
SCHEDULE 13D
CUSIP NO. 74267L106 PAGE 9
Dated: April 7, 2000 G.F.W. Energy V, L.P.
By: GFW V, L.L.C., General Partner
By: /s/ David R. Albin
-----------------------------------
David R. Albin
Authorized Member
Dated: April 7, 2000 GFW V, L.L.C.
By: /s/ David R. Albin
-----------------------------------
David R. Albin
Authorized Member
Dated: April 7, 2000 /s/ Kenneth A. Hersh
---------------------------------------
Kenneth A. Hersh
Dated: April 7, 2000 /s/ David R. Albin
---------------------------------------
David R. Albin
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than the executive
officer or general partner of this filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
