UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
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NORTON DRILLING SERVICES, INC.
(Name of Issuer)
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COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
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668632102
(CUSIP Number)
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SEPTEMBER 8, 1998
(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)
* 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).
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CUSIP NO. __________________ PAGE 2 OF 6 PAGES
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Jack S. Blanton, Jr.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
5 SOLE VOTING POWER
NUMBER OF 1,267,200
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 57,500
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,267,200
WITH
8 SHARED DISPOSITIVE POWER
57,500
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,324,700
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.37%
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12 IN
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PAGE 3 OF 6 PAGES
Item 1.
Item 1(a) NAME OF ISSUER: Norton Drilling Services, Inc.
Item 1(b) ADDRESS OF ISSUER'S
PRINCIPAL EXECUTIVE 5211 Brownfield Highway, Suite 230
OFFICES: Lubbock, Texas 79407
ITEM 2.
Item 2(a) NAME OF PERSON FILING: Jack S. Blanton, Jr.
Item 2(b) ADDRESS OF PRINCIPAL 700 Louisiana, Suite 3920
BUSINESS OFFICE OR, Houston, Texas 77002
IF NONE, RESIDENCE
Item 2(c) CITIZENSHIP: United States
Item 2(d) TITLE OF CLASS OF Common Stock, par value $0.01 per
SECURITIES: share
Item 2(e) CUSIP NUMBER: 668632102
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE
SS.SS.240.13D-1(b) OR 240.13D-2(b) OR (c), CHECK WHETHER THE
PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).
(c) [ ] Insurance Company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
SS.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with ss. 240.13d-1(b)(1)(ii)(F);
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PAGE 4 OF 6 PAGES
(g) [ ] A parent holding company or control person in
accordance with ss. 240.13d-1(b)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance withss.240.13d-1(b)(1)(ii)(J) ;
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned: 1,324,700
(b) Percent of Class: 5.37%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:1,267,200
(ii) Shared power to vote or to direct the vote:57,500
(iii) Sole power to dispose or to direct the disposition
of: 1,267,200
(iv) Shared power to dispose or to direct the disposition:
57,500
INSTRUCTION. For computations regarding securities which represent a
right to acquire underlying security SEE ss.240.13d-3(d)(1).
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 5 percent of the class of securities, check the
following [ ].
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PAGE 5 OF 6 PAGES
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
JEM Management Company has the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, 57,500
shares reported in this Schedule 13G.
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
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
(a) The following certification shall be included if the statement is
filed pursuant to ss.240.13d-1(c):
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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PAGE 6 OF 6 PAGES
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.
SEPTEMBER 18, 1998
Date
/s/ JACK S. BLANTON, JR.
Signature
JACK S. BLANTON, JR.
Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
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