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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under The Securities Exchange Act of 1934
(Amendment No. )
Wichita River Oil Corporation
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(Name Of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
967352105
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(Cusip Number)
Check the following box if a fee is being paid with this statement (X). (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than 5% of the class of securities
described in Item 1; and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.) (see rule 13d-7.)
*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).
(Continued on the following page(s))
Page 1 of 5 Pages
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CUSIP NO. 967352105 13G
WICHITA RIVER OIL CORPORATION
<TABLE>
<S> <C> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Chemical Banking Corporation -- CBC
Chemical Bank -- CB
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) ( )
(B) (X)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
CBC -- Delaware
CB -- New York
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NUMBER 5 SOLE VOTING POWER
OF None
SHARES ---------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY CBC -- 350,000
EACH CB -- 350,000
REPORTING ---------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
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8 SHARED DISPOSITIVE POWER
CBC -- 350,000
CB -- 350,000
- -----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
CBC and CB -- 350,000
- -----------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
CBC and CB -- 5.1% based on 6,790,220 outstanding shares
- -----------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CBC -- HC
CB -- BK
- -----------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTION BEFORE FILLING OUT!
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WICHITA RIVER OIL CORPORATION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G Under
The Securities Exchange Act of 1934
(Amendment No. )
<TABLE>
<S> <C> <C>
Item 1(a). NAME OF ISSUER: Wichita River Oil Corporation
Item 1(b). ADDRESS OF ISSUER: 2000 Bering Drive, Suite 500
Houston, Texas 77057
PRINCIPAL EXECUTIVE OFFICER: Michael L. McDonald,
Chairman and President
Item 2(a). NAME OF PERSON FILING: This notice is filed by CHEMICAL BANKING
CORPORATION (CBC) and its wholly owned
subsidiary, Chemical Bank (CB)
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: CBC: 270 Park Avenue
New York, NY 10017
CB : 270 Park Avenue
New York, NY 10017
Item 2(c). CITIZENSHIP: CBC - Delaware
CB - New York
Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock
Item 2(e). CUSIP NUMBER: 967352105
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WICHITA RIVER OIL CORPORATION
<TABLE>
<S> <C>
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) [X] 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) [X] Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G).
(h) [ ] Group, in accordance with Section 240.13d-1(ii)(H).
Item 4. OWNERSHIP:
The Bank holds certain warrants (the "Warrants") to purchase Common Stock of the Issuer ("Common Shares"), which
were acquired pursuant to an amended and restated warrant agreement, dated as of February 20, 1992, between Wichita
River Oil Corporation and the Bank (the "Warrant Agreement"). The Warrant Agreement was entered into in connection
with an amended and restated credit agreement dated as of February 20, 1992 (the "Credit Agreement"), among Wichita
River Oil Corporation, the several banks and other financial institutions (the "Lenders") from time to time parties
thereto and the Bank, as agent for the Lenders under the Credit Agreement.
The Warrants are not voting securities and under applicable federal banking laws and regulations, the Bank is precluded
from exercising the Warrants to acquire voting stock.
This filing reflects beneficial ownership of the following Common Shares:
(a) Amount Beneficially Owned: CBC -- 350,000
CB -- 350,000
(b) Percent of Class: CBC -- 5.1 %
CB -- 5.1 %
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
None
(ii) Shared power to vote or to direct the vote:
CBC -- 350,000
CB -- 350,000
(iii) Sole power to dispose or to direct the disposition of:
None
(iv) Shared power to dispose or to direct the disposition of:
CBC -- 350,000
CB -- 350,000
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
Page 4 of 5
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WICHITA RIVER OIL CORPORATION
<TABLE>
<S> <C>
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Chemical Banking Corporation and Chemical Bank
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY
BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Beneficial ownership is held by Chemical Bank, a wholly-owned subsidiary of Chemical Banking Corporation
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THIS GROUP:
Not applicable.
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 acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purpose or effect.
</TABLE>
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.
Dated: February 11, 1993
<TABLE>
<S> <C>
CHEMICAL BANK CHEMICAL BANKING CORPORATION
- --------------------------------------------- ---------------------------------------------
William A. Bruckmann John B. Wynne
Managing Director Corporate Secretary
</TABLE>
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