UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Maxus Energy Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
577730104
(CUSIP Number)
Check the following box if a fee is being paid with this
statement ____. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent 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 by shall be subject to all other provisions of the Act
(however, see the Notes).
<PAGE>
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Brinson Partners, Inc.
36-3664388
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
a
b X
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware corporation
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
8,471,300 shares
6
SHARED VOTING POWER
- -0-
7
SOLE DISPOSITIVE POWER
8,471,300 shares
8
SHARED DISPOSITIVE POWER
- -0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,471,300 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.3%
12
TYPE OF REPORTING PERSON*
CO IA
* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Brinson Trust Company
36-3718331
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
a
b X
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois corporation
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
2,855,900 shares
6
SHARED VOTING POWER
- -0-
7
SOLE DISPOSITIVE POWER
2,855,900 shares
8
SHARED DISPOSITIVE POWER
- -0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,855,900 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.1%
12
TYPE OF REPORTING PERSON*
BK
* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Brinson Holdings, Inc.
36-3670610
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
a
b X
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware corporation
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
- -0-
6
SHARED VOTING POWER
- -0-
7
SOLE DISPOSITIVE POWER
- -0-
8
SHARED DISPOSITIVE POWER
- -0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None except indirectly through Brinson Partners, Inc., a
wholly-owned subsidiary, and Brinson Trust Company, a wholly-
owned subsidiary of Brinson Partners, Inc. (see item 4
hereof).
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
- -0-
12
TYPE OF REPORTING PERSON*
CO HC
* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Maxus Energy Corp. (the "Company")
Item 1(b) Address of Issuer's Principal Executive Offices:
717 N. Harwood Street, Room 3147
Dallas, TX 75201-6594
Item 2(a) Name of Person Filing:
Brinson Partners, Inc. ("BPI") is filing this statement on
behalf of itself, Brinson Trust Company ("BTC") and Brinson
Holdings, Inc. ("BHI"). BPI is a wholly-owned subsidiary of
BHI. BTC is a wholly-owned subsidiary of BPI. Exhibit I
hereto contains the agreement of BPI, BTC and BHI to file a
joint disclosure statement on Schedule 13G.
Item 2(b) Address of Principal Business:
Each of BPI, BTC and BHI's principal business office is
located at:
209 South LaSalle, Chicago, Illinois 60604-1295
Item 2(c) Citizenship:
BPI is a corporation under the laws of Delaware.
BHI is a corporation under the laws of Delaware.
BTC is a corporation under the laws of Illinois.
Item 2(d) Title of Class of Securities:
Common Stock (the "Common Stock")
Item 2(e) CUSIP Number:
577730104
Item 3 Type of Person Filing:
Brinson Partners, Inc. is an Investment Adviser registered
under section 203 of the Investment Advisers Act of 1940.
Brinson Trust Company is a bank in accordance with section
240.13d-1(b)(1)(ii)(B), and Brinson Holdings, Inc. is a
Parent Holding Company in accordance with section 240.13d-
1(b)(1)(ii)(G) of the Exchange Act.
Item 4 Ownership:
See Items 5-11 of pages two, three and four hereof.
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 Member of the
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 purposes or effect.
<PAGE>
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.
Date: February 13, 1995
By: Samuel W. Anderson as Vice President of each of the
above Companies
EXHIBIT 1
AGREEMENT
Pursuant to Rule 13d-1(f)(1) of the Securities and Exchange
Commission, the undersigned agrees that the statement on
Schedule 13G (including all amendments thereto) with respect
to the Common Stock of MAXUS ENERGY CORP. to which this
agreement is attached is to be filed on behalf of each of the
undersigned and that Brinson Partners, Inc. is hereby
authorized to sign and file any and all required amendments
to such Schedule 13G.
Date: February 13, 1995
BRINSON PARTNERS, INC.
BRINSON TRUST COMPANY
BRINSON HOLDINGS, INC.
By: Samuel W. Anderson as Vice President of each of the
above Companies