UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 1999
Institutional Investment Manager Filing this Report:
Name: Halcyon Offshore Management Company LLC
Address: 477 Madison Avenue
8th Floor
New York, NY 10022
13F File No: 28-6074
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James R. Pasquarelli
Title: Chief Financial Officer
Phone: 212-303-9414
Signature, Place, and Date of Signing:
James R. Pasquarelli New York, NY December 31, 1999
Report Type:
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Value Total: $90,829
List of Other Included Managers:
NONE
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Halcyon Offshore Mgmt. Co. (SEC USE ONLY)
13F Report
December 31, 1999
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ITEM 6 ITEM 8
INVESTMENT VOTING AUTHORITY
ITEM 2 ITEM 3 ITEM 4 ITEM 5 DISCRETION ITEM 7
ITEM I TITLE OF CUSIP VALUE SHARES OR (A) (B) (C) MANA- (A) (B) (C)
NAME OF ISSUER CLASS NUMBER (X$1000) PRIN. AMT SOLE SHARED NONE GERS SOLE SHARED NONE
Abraxas Petroleum Corp. COMMON 003830106 511 510,961 X X 510,961
Air Express COMMON 009104100 2,285 70,705 X X 70,705
Amcol International COMMON 02341W103 596 36,943 X X 36,943
Anacomp Inc - New COMMON 032371106 1,339 73,634 X X 73,634
BCE Inc. US COMMON 05534B109 2,858 31,687 X X 31,687
Bonneville Pacific COMMON 098904204 1,411 127,504 X X 127,504
Chesapeake Corp. COMMON 165159104 145 4,748 X X 4,748
Consolidated Natural Gas COMMON 209615103 11,786 181,500 X X 181,500
Elbit Limited COMMON 284275104 794 44,906 X X 44,906
Flycast Comm. Corp. COMMON 344067103 1,230 9,465 X X 9,465
General Instrument Corp. COMMON 370120107 11,077 130,323 X X 130,323
Global Light Telecoms COMMON 37934X100 438 35,380 X X 35,380
Homefed Corp - New COMMON 43739D208 14 15,579 X X 15,579
Howmet International Inc. COMMON 443208103 2,786 154,249 X X 154,249
Iridium COMMON G49398105 17 7,119 X X 7,119
Jones Intercable Class A COMMON 480206200 2,464 35,551 X X 35,551
Jones Intercable Inc. COMMON 480206101 520 7,481 X X 7,481
Media General Inc. Class A COMMON 584404107 2,760 53,076 X X 53,076
MediaOne COMMON 58440J104 20,542 267,424 X X 267,424
Network Computing Devices COMMON 64120N100 113 14,300 X X 14,300
Novacare Inc. COMMON 669930109 82 437,896 X X 437,896
Olsten Corp. COMMON 681385100 9,211 814,276 X X 814,276
Omnipoint Corp. COMMON 68212D102 2,643 21,914 X X 21,914
Pittway Corp. Class A COMMON 725790208 2,661 59,384 X X 59,384
Pittway Corp. COMMON 725790109 123 2,737 X X 2,737
Shorewood Packaging Corp. COMMON 825229107 803 42,418 X X 42,418
TransWorld Entertainment Corp. COMMON 89336Q100 1,721 163,863 X X 163,863
US West Inc. COMMON 91273H101 9,291 129,038 X X 129,038
Ziff Davis Inc. COMMON 989511100 228 14,406 X X 14,406
Air Express Opt. CALL FEB 30 OPTIONS 009104101 9 32 X X 32
AT&T Corp. CALL APR 55 OPTIONS 001957109 19 69 X X 69
Columbia Gas CALL FEB 60 OPTIONS 1976489BL 120 223 X X 223
Consol Natural Gas CALL JAN 60 OPTIONS 2096159AL 35 67 X X 67
Howmet Intl CALL APR 17 1/2 OPTIONS 4432089DW 12 94 X X 94
Republic NY Corp. CALL JAN 65 OPTIONS 7607199AM 3 4 X X 4
Republic NY Corp. PUT JAN 55 OPTIONS 7607199MK 0 135 X X 135
Republic NY Corp. PUT JAN 65 OPTIONS 7607199MM 0 139 X X 139
S&P 500 Options PUT JAN 1325 OPTIONS 9ME 21 53 X X 53
Nebco Evans Pfd. PREFERRED U62922106 34 6,782 X X 6,782
ABRAXAS CONTINGENT RGTS RIGHTS 003831112 127 509,260 X X 509,260
Spec Foods Wrnts 12/15/09 WARRANT 784127AA0 0 1,360 X X 1,360
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90,829
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