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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
BLACK WARRIOR WIRELINE CORP.
_____________________________________________
(Name of Issuer)
Common Stock, $0.0005 par value per share
__________________________________________________
(Title of Class of Securities)
092260 50 4
____________________
(CUSIP Number)
Carolyn M. Campbell
1301 McKinney, Suite 3200
Houston, Texas 77010-3033
(713) 651-0600
_________________________________________________________
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 21, 1997
_____________________________________________________
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
* 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
disclosures provided in a prior cover page.
The information required on 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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SCHEDULE 13D
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CUSIP NO. 092260 50 4 PAGE 2 OF 8 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bendover Company, f/k/a DiamondBack Directional, Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4
OO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Texas
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SOLE VOTING POWER
7
NUMBER OF
647,569
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY -0-
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
647,569
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
647,569
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12 (See Instructions)
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
17.4%
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TYPE OF REPORTING PERSON (See Instructions)
14
CO
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SCHEDULE 13D
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CUSIP NO. 092260 50 4 PAGE 3 OF 8 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alan W. Mann
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4
OO, PF
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.
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SOLE VOTING POWER
7
NUMBER OF
784
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 647,569
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
784
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
647,569
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
648,353
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12 (See Instructions)
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
17.4%
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TYPE OF REPORTING PERSON (See Instructions)
14
IN
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SCHEDULE 13D
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CUSIP NO. 092260 50 4 PAGE 4 OF 8 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
M. Dale Jowers
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4
OO, PF
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.
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SOLE VOTING POWER
7
NUMBER OF
47,500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 647,569
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
47,500
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
647,569
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
695,069
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12 (See Instructions)
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
18.7%
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TYPE OF REPORTING PERSON (See Instructions)
14
IN
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CUSIP NO. 092260 50 4 PAGE 5 OF 8 PAGES
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ITEM 1. SECURITY AND ISSUER
This statement, Amendment No. 1 to Schedule 13D, relates to the common
stock, $0.0005 par value ("Common Stock") of Black Warrior Wireline Corp., a
Delaware corporation (the "Issuer"). The principal executive offices of the
Issuer are located at 3748 Highway 45 North, Columbus, Mississippi 39701.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed by Bendover Corp., f/k/a DiamondBack Directional,
Inc., a Texas corporation ("Bendover"), and Alan W. Mann ("Mann") and M. Dale
Jowers ("Jowers"), natural persons. Mann and Jowers are officers and directors
of Bendover, and each own approximately 42.5% of the outstanding shares of
capital stock of Bendover. There is no change in this section.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Jowers has acquired the following shares of Common Stock of the Issuer by
purchase in the open market with personal funds on hand:
<TABLE>
<CAPTION>
Number
of Aggregate
Acquisition Date Shares Price Per Share ($) Purchase Price ($)
- ------------------ --------- ------------------- ------------------------
<S> <C> <C> <C>
November 13, 1997 5,000 7.000 35,000.00
November 14, 1997 7,500 7.375 55,312.50
November 14, 1997 2,500 7.250 18,125.00
November 14, 1997 10,000 7.375 73,750.00
November 21, 1997 2,500 6.875 17,187.50
November 21, 1997 10,000 7.125 71,250.00
November 21, 1997 10,000 7.125 71,250.00
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TOTAL 47,500 $341,875.00
====== ===========
</TABLE>
ITEM 4. PURPOSE OF TRANSACTION
The 47,500 shares of Common Stock of the Issuer acquired by Jowers in the
open market were acquired for investment purposes. Jowers currently intends to
hold such shares until he determines that it is in his best interests to
liquidate some or all of his investment in the Issuer.
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CUSIP NO. 092260 50 4 PAGE 6 OF 8 PAGES
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Jowers may from time to time acquire additional shares of the Issuer or
sell some or all of his shares of the Issuer; however, except as described
above, Jowers does not have any plans or proposals which relate to or would
result in (a) the acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer; (b) an extraordinary
corporate transaction, such as a merger, reorganization or liquidation,
involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a
material amount of assets of the Issuer or any of its subsidiaries; (d) any
change in the present board of directors or management of the Issuer, including
any plans or proposals to change the number or term of directors or to fill any
existing vacancies on the board; (e) any material change in the present
capitalization or dividend policy of the Issuer; (f) any other material change
in the Issuer's business or corporate structure; (g) changes in the Issuer's
charter, bylaws or other instruments corresponding thereto or other actions
which may impede the acquisition of control of the Issuer by any person; (h)
causing a class of securities of the Issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an inter-dealer
quotation system of a registered national securities association; (i) a class of
equity securities of the Issuer becoming eligible for termination of
registration pursuant to Section 12(g)(4) of the Securities Exchange Act of
1934; or (j) any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) (i) Bendover is the beneficial owner of 647,569 shares, representing
17.4%, of the Issuer's Common Stock. Mann and Jowers may be deemed to be the
beneficial owners of the shares of Common Stock of the Issuer owned by Bendover
as a result of Mann and Jowers each owning 42.5% of Bendover. Mann and Jowers
disclaim beneficial ownership of all shares of Common Stock of the Issuer owned
by Bendover, and the filing of this Amendment No. 1 to Schedule 13D shall not be
construed as an admission thereof.
(ii) Mann is the beneficial owner of an additional 784 shares,
representing less than 0.1% of the Issuer's Common Stock.
(iii) Jowers is the beneficial owner of an additional 47,500 shares,
representing an additional 1.3% of the Issuer's Common Stock.
(b) Bendover has the sole power to vote and the sole power to dispose of
all shares of Common Stock described in Paragraph (a)(i) above. Mann and Jowers
may be deemed to have shared power to vote and shared power to dispose of all of
the shares of Common Stock of the Issuer described in Paragraph (a)(i) as a
result of Mann and Jowers each owning 42.5% of Bendover. Mann has the sole
power to vote and the sole power to dispose of all shares of Common Stock
described is Paragraph (a)(ii) above. Jowers has the sole power to vote and the
sole power to dispose of all shares of Common Stock in Paragraph (a)(iii) above.
None of the persons named in response to Paragraph (a) above has effected any
transactions in the Common Stock of the Issuer during the past 60 days.
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CUSIP NO. 092260 50 4 PAGE 7 OF 8 PAGES
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(c) There is no change in this section.
(d) There is no change in this section.
(e) There is no change in this section.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
There is no change in this section.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
There is no change in this section.
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.
BENDOVER CORP.,
f/k/a DiamondBack Directional, Inc.
Date: May 21, 1998 By: /s/ Alan W. Mann
------------------------
Alan W. Mann, President
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: May 21, 1998 /s/ Alan W. Mann
---------------------------
ALAN W. MANN
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CUSIP NO. 092260 50 4 PAGE 8 OF 8 PAGES
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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: May 21, 1998 /s/ M. Dale Jowers
---------------------------
M. DALE JOWERS
