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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
The Wiser Oil Company
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
977284 10 8
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(CUSIP Number)
June 26, 1998
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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)
Page 1 of 7
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SCHEDULE 13G
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CUSIP No. 977284 10 8
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1) Name of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Cross Timbers Oil Company
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75-2347769
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2) Check the Appropriate Box if a Member of a Group
(See Instructions) a) [ ] b) [ ]
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3) SEC Use Only
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4) Citizenship or Place of Organization
Delaware
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5) Sole Voting Power
Number of Shares 250,000
Beneficially Owned by -------
Each Reporting Person ----------------------------------------------------
With 6) Shared Voting Power
525,000*
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7) Sole Dispositive Power
250,000
-------
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8) Shared Dispositive Power
525,000*
-------
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
775,000**
-------
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
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11) Percent of Class Represented by Amount in Row (9)
8.7%**
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12) Type of Reporting Person (See Instructions)
CO
----
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* Represents shares held by Cross Timbers Trading Company, a wholly owned
subsidiary of Cross Timbers Oil Company.
** Includes 525,000 shares (5.9%) held by Cross Timbers Trading Company.
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SCHEDULE 13G
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CUSIP No. 977284 10 8
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1) Name of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Cross Timbers Trading Company
-----------------------------
75-2613610
----------
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2) Check the Appropriate Box if a Member of a Group
(See Instructions) a) [ ] b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
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4) Citizenship or Place of Organization
Delaware
--------
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5) Sole Voting Power
Number of Shares
Beneficially Owned by ----------------------------------------------------
Each Reporting Person 6) Shared Voting Power
With 525,000
-------
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7) Sole Dispositive Power
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8) Shared Dispositive Power
525,000
-------
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
525,000
-------
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
- --------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
5.9%
----
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12) Type of Reporting Person (See Instructions)
CO
----
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ITEM 1.
(a) Name of Issuer:
THE WISER OIL COMPANY
(b) Address of Issuer's Principal Executive Offices:
8115 Preston Road, Suite 400
Dallas, Texas 75225
ITEM 2.
(a) Name of Persons Filing:
Cross Timbers Oil Company
Cross Timbers Trading Company, a wholly owned
subsidiary of Cross Timbers Oil Company
(b) Address of Principal Business Office:
810 Houston Street, Suite 2000
Fort Worth, Texas 76102
(c) Citizenship:
Cross Timbers Oil Company is a Delaware corporation.
Cross Timbers Trading Company is a Texas corporation.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
977284 10 8
ITEM 3.
This statement is filed pursuant to Rule 13d-1(c).
ITEM 4. OWNERSHIP
(a) Amount beneficially owned as of July 6, 1998:
Cross Timbers Oil Company (includes shares
held by Cross Timbers Trading Company) 775,000
Cross Timbers Trading Company 525,000
(b) Percent of class:
Cross Timbers Oil Company (includes shares
held by Cross Timbers Trading Company) 8.7%
Cross Timbers Trading Company 5.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Cross Timbers Oil Company 250,000
Cross Timbers Trading Company 0
(ii) Shared power to vote or to direct the vote:
Cross Timbers Oil Company 525,000
Cross Timbers Trading Company 525,000
(iii) Sole power to dispose or to direct the disposition of:
Cross Timbers Oil Company 250,000
Cross Timbers Trading Company 0
(iv) Shared power to dispose or to direct the disposition of:
Cross Timbers Oil Company 525,000
Cross Timbers Trading Company 525,000
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
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
The persons identified under Item 2 above are filing this schedule as a
group pursuant to Rule 13d-1(c).
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect .
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SIGNATURES
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.
CROSS TIMBERS OIL COMPANY
Date: July 6, 1998 By: LOUIS G. BALDWIN
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Louis G. Baldwin
Senior Vice President and Chief
Financial Officer
CROSS TIMBERS TRADING COMPANY
By: LOUIS G. BALDWIN
------------------------------------
Louis G. Baldwin
Senior Vice President and Chief Financial
Officer
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EXHIBIT 99.1
1. Joint Filing. Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the
General Rules and Regulations of the Securities and Exchange Commission under
the Securities Exchange Act of 1934, as amended, the undersigned agrees that
the statement to which this Exhibit is attached is filed on behalf of each of
them in the capacities set forth below.
2. Power of Attorney. Know all persons by these presents that each person whose
signature appears below constitutes and appoints Steffen E. Palko, J. Richard
Seeds and Louis G. Baldwin, and each of them, as his or its true and lawful
attorneys-in-fact and agents with full power of substitution and
resubstitution, for such person and in such person's name, place and stead,
in any and all capacities, to sign any and all amendments to the Schedule 13G
and any reports filed pursuant to Section 16 of the Securities Exchange Act
of 1934, filed on behalf of each of them with respect to their beneficial
ownership of The Wiser Oil Company, and to file the same, with all exhibits
thereto and all documents in connection therewith, with the Securities and
Exchange Commission, granting unto said attorneys-in-fact and agents, and
each of them, full power and authority to do and perform each and every act
and thing requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as such person might or could do in person,
hereby ratifying and confirming all that said attorneys-in-fact and agents or
any of them, or such person or their substitute or substitutes, may lawfully
do or cause to be done by virtue hereof.
DATE: July 6, 1998
CROSS TIMBERS OIL COMPANY
By: LOUIS G. BALDWIN
-----------------------------------
Louis G. Baldwin
Senior Vice President and Chief
Financial Officer
CROSS TIMBERS TRADING COMPANY
By: LOUIS G. BALDWIN
-----------------------------------
Louis G. Baldwin
Senior Vice President and Chief
Financial Officer
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