UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
Norton Drilling Services Inc.
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(Name of Issuer)
Common Stock par value $0.01 per share
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(Title of Class of Securities)
668632102
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(CUSIP Number)
March 19, 1999
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(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. 668632102 PAGE 2 OF 7 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
422,940
NUMBER OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 73,500
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 422,940
PERSON
WITH 8 SHARED DISPOSITIVE POWER
73,500
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
496,440
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
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PAGE 3 OF 7 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
10.06%
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12 IN
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PAGE 4 OF 7 PAGES
Item 1.
Item 1(a) NAME OF ISSUER: Norton Drilling Services, Inc.
Item 1(b) ADDRESS OF ISSUER'S
PRINCIPAL EXECUTIVE
OFFICES: 5211 Brownfield Highway, Suite 230
Lubbock, Texas 79407
ITEM 2.
Item 2(a) NAME OF PERSON FILING: Jack S. Blanton, Jr.
Item 2(b) ADDRESS OF PRINCIPAL
BUSINESS OFFICE OR, IF NONE,
RESIDENCE: 700 Louisiana, Suite 3920
Houston, Texas 77002
Item 2(c) CITIZENSHIP: United States
Item 2(d) TITLE OF CLASS OF
SECURITIES: Common Stock, par value $0.01 per
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 5 OF 7 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: 496,440
(b) Percent of Class: 10.06%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 422,940
(ii) Shared power to vote or to direct the
vote: 73,500
(iii) Sole power to dispose or to direct the
disposition of: 422,940
(iv) Shared power to dispose or to direct the
disposition: 73,500
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 6 OF 7 PAGES
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
The following affiliates of the reporting person have the
right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, the number
of shares set forth next to its or his name:
JEM Management Company 11,500
Eddy Refining Company 20,000
Jack S. Blanton 42,000
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 7 OF 7 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.
MARCH 19, 1999
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Date
/s/ JACK S. BLANTON, JR.
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Signature
JACK S. BLANTON, JR.
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Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
