UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.___)*
Tex Oil, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
882906506
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires
Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 Notes).
<PAGE>
CUSIP
NO.:
882906506
1. Name of reporting person S.S. or I.R.S. Identification No. of
reporting person: Lincoln National Corporation; 35-1140070
2. Check the appropriate box if a member of a group
(a) [ ]
(b) [ ]
3. SEC use only . . . . . . . . . . . . . . . . . . . . .
4. Citizenship or place of organization: Indiana
Number of shares beneficially owned by reporting person with:
5. Sole voting power: Not Applicable
6. Shared voting power: 586,941
7. Sole dispositive power: Not Applicable
8. Shared dispositive power: 586,941
9. Aggregate amount beneficially owned by reporting person: 586,941
10. Check if the aggregate amount in row (9) excludes certain shares:
Not Applicable
11. Percent of class represented by amount in row (9): 8.9%
12. Type of reporting person: HC
<PAGE>
CUSIP
NO.:
882906506
1. Name of reporting person S.S. or I.R.S. Identification No. of
reporting person: The Lincoln National Life Insurance Company; 35-0472300
2. Check the appropriate box if a member of a group
(a) [ ]
(b) [ ]
3. SEC use only . . . . . . . . . . . . . . . . . . . . .
4. Citizenship or place of organization: Indiana
Number of shares beneficially owned by reporting person with:
5. Sole voting power: Not Applicable
6. Shared voting power: 586,941
7. Sole dispositive power: Not Applicable
8. Shared dispositive power: 586,941
9. Aggregate amount beneficially owned by reporting person: 586,941
10. Check if the aggregate amount in row (9) excludes certain shares:
Not Applicable
11. Percent of class represented by amount in row (9): 8.9%
12. Type of reporting person: IC
<PAGE>
CUSIP
NO.:
882906506
1. Name of reporting person S.S. or I.R.S. Identification No. of
reporting person: Lincoln Investment Management, Inc.; 35-1753930
2. Check the appropriate box if a member of a group
(a) [ ]
(b) [ ]
3. SEC use only . . . . . . . . . . . . . . . . . . . . .
4. Citizenship or place of organization: Illinois
Number of shares beneficially owned by reporting person with:
5. Sole voting power: Not Applicable
6. Shared voting power: 586,941
7. Sole dispositive power: Not Applicable
8. Shared dispositive power: 586,941
9. Aggregate amount beneficially owned by reporting person: 586,941
10. Check if the aggregate amount in row (9) excludes certain shares:
Not Applicable
11. Percent of class represented by amount in row (9): 8.9%
12. Type of reporting person: IA
<PAGE>
Item 1 (a) Name of Issuer: Tex Oil, Inc.
Item 1 (b) Address of issuer's principal executive office:
1600 Smith, Suite 4000
Houston, TX 77002-7345
Item 2 (a) Name of person filing:
Lincoln National Corporation
The Lincoln National Life Insurance Company
Lincoln Investment Management, Inc.
Item 2 (b) Address of principal business office:
Lincoln National Corporation
Centre Square, West Tower
1500 Market Street, Suite 3900
Philadelphia, PA 19102-2112
The Lincoln National Life Insurance Company
1300 South Clinton Street
Fort Wayne, IN 46802-3506
Lincoln Investment Management, Inc.
200 East Berry Street
Fort Wayne, IN 46802-2706
Item 2 (c) Citizenship:
1. Lincoln National Corporation is an Indiana corporation
2. The Lincoln National Life Insurance Company is an Indiana corporation
3. Lincoln Investment Management, Inc. is an Illinois corporation
Item 2 (d) Title of class of securities: Common Stock
Item 2 (e) CUSIP No.: 882906506
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
(b) [ ] Bank
(c) [2] Insurance company
(d) [ ] Investment company
(e) [3] Investment advisor
(f) [ ] Employee Benefit Plan or Endowment Fund
(g) [1] Parent Holding Company
(h) [ ] Group
1. Lincoln National Corporation
2. The Lincoln National Life Insurance Company
3. Lincoln Investment Management, Inc.
<PAGE>
Item 4 Ownership:
(a) Amount beneficially owned: See No. 9 on cover pages.
(b) Percent of class: See No. 11 on cover pages.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
See Nos. 5, 6, 7 and 8 on 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 five percent of the class of
securities, check the following [ ]
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: Lincoln National
Corporation, an Indiana corporation, is the ultimate parent company of Lincoln
Investment Management, Inc., an Illinois corporation (LIM), and The Lincoln
National Life Insurance Company, an Indiana corporation (LNL). LIM acts as
investment advisor to LNL and other clients and is registered as an investment
adviser under Section 203 of the Investment Adviser Act of 1940. LNL is
classified as an insurance company as defined in Section 3(a)(19) of the
Securities Exchange Act of 1934.
Item 8 Identification and classification of members of the group:
Not applicable
Item 9 Notice of Dissolution of group:
Not applicable
<PAGE>
Item 10 Certification:
By signing below the undersigned certifies that, to the best of his 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.
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: February 9, 2000
LINCOLN NATIONAL CORPORATION
By: /s/ H. Thomas McMeekin
Name: H. Thomas McMeekin
Title: Executive Vice President
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
By: /s/ Steven R. Brody
Name: Steven R. Brody
Title: Vice President
LINCOLN INVESTMENT MANAGEMENT, INC.
By: /s/ H. Thomas McMeekin
Name: H. Thomas McMeekin
Title: President
