CABOT OIL & GAS CORP
SC 13G/A, 2000-02-07
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G


           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
                RULES 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO
                         FILED PURSUANT TO RULE 13d-2(b)

                               (Amendment No. 1)*

                           Cabot Oil & Gas Corporation
                           ---------------------------
                                (Name of Issuer)

                      Class A Common Stock, $0.10 Par Value
                      -------------------------------------
                         (Title of Class of Securities)

                                    127097103
                                 --------------
                                 (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:

                  [ ]     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 disclosure
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).


                         (Continued on following pages)
                               Page 1 of 12 Pages
                             Exhibit Index: Page 10





<PAGE>


                                  SCHEDULE 13G

CUSIP No.  65332K107                                          Page 2 of 12 Pages




1        Name of Reporting Person
         I.R.S. Identification No. of Above Persons (ENTITIES ONLY)

                  Louis M. Bacon

2        Check the Appropriate Box If a Member of a Group*

                                    a.  [ ]
                                    b.  [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  United States

                             5               Sole Voting Power
                                                      0
Number of
  Shares
Beneficially                 6               Shared Voting Power
  Owned By                                            1,603,000
    Each
Reporting                    7               Sole Dispositive
    Person                                            0
    With

                             8               Shared Dispositive Power
                                                      1,603,000


9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                                  1,603,000

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares*

                                          [   ]

11       Percent of Class Represented By Amount in Row (9)

                                    6.39%

12       Type of Reporting Person*

                  IA

                     * SEE INSTRUCTIONS BEFORE FILLING OUT!





<PAGE>


                                  SCHEDULE 13G

CUSIP No.  65332K107                                          Page 3 of 12 Pages





1        Name of Reporting Person
         I.R.S. Identification No. of Above Persons (ENTITIES ONLY)

                  Moore Capital Management, Inc.

2        Check the Appropriate Box If a Member of a Group*

                                     a. [ ]
                                     b. [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  Connecticut

                             5               Sole Voting Power
                                                      0
Number of
  Shares
Beneficially                 6               Shared Voting Power
  Owned By                                            1,282,400
    Each
Reporting                    7               Sole Dispositive
    Person                                            0
    With

                             8               Shared Dispositive Power
                                                      1,282,400


9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                                  1,282,400

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares*

                                                              [X]

11       Percent of Class Represented By Amount in Row (9)

                                    5.11%

12       Type of Reporting Person*

                  CO; IA

                     * SEE INSTRUCTIONS BEFORE FILLING OUT!




<PAGE>


                                  SCHEDULE 13G

CUSIP No.  65332K107                                          Page 4 of 12 Pages





1        Name of Reporting Person
         I.R.S. Identification No. of Above Persons (ENTITIES ONLY)

                  Moore Global Investments, Ltd.

2        Check the Appropriate Box If a Member of a Group*

                                     a. [ ]
                                     b. [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  Bahamas

                             5               Sole Voting Power
                                                      0
Number of
  Shares
Beneficially                 6               Shared Voting Power
  Owned By                                            1,282,400
    Each
Reporting                    7               Sole Dispositive
    Person                                            0
    With

                             8               Shared Dispositive Power
                                                      1,282,400


9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                                  1,282,400

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares*

                                                              [X]

11       Percent of Class Represented By Amount in Row (9)

                                    5.11%

12       Type of Reporting Person*

                  CO

                     * SEE INSTRUCTIONS BEFORE FILLING OUT!




<PAGE>




                                                              Page 5 of 12 Pages




Item 1(a)         Name of Issuer:

                  Cabot Oil & Gas Company (the "Company").

Item 1(b)         Address of the Issuer's Principal Executive Offices:

                  15375 Memorial Drive
                  Houston, TX  77079

Item 2(a)         Name of Person Filing:

                  The  Statement  is being  filed by (1)  Louis M.  Bacon  ("Mr.
Bacon"),  in his capacity as (a) Chairman and Chief Executive Officer,  director
and controlling  shareholder of Moore Capital  Management,  Inc. ("MCM") and (b)
Chairman and Chief Executive  Officer,  director and majority interest holder in
Moore Capital Advisors,  LLC ("MCA"),  (2) MCM and (3) Moore Global Investments,
Ltd. ("MGI") (collectively, the "Reporting Persons").

                  MCM, a registered  commodity trading advisor and member of the
National Futures Association,  serves as discretionary investment manager to MGI
and other investment  funds. In such capacity,  MCM may be deemed the beneficial
owner of the Shares (as defined  herein)  held for the account of MGI.  MCA is a
New York limited  liability  company and a registered  commodity trading advisor
and commodity pool  operator.  MCA serves as general  partner and  discretionary
investment  manager to Remington  Investment  Strategies,  L.P. ("RIS"),  a U.S.
partnership.  In such capacity,  MCA may be deemed the  beneficial  owner of the
Shares (as defined herein) held for the account of RIS. The principal occupation
of Mr.  Bacon is the  direction  of the  investment  activities  of MCM and MCA,
carried  out in his  capacity as Chairman  and Chief  Executive  Officer of such
entities. In such capacity,  Mr. Bacon may be deemed the beneficial owner of the
Shares (as defined herein) held for the accounts of MGI and RIS.

Item 2(b)         Address of Principal Business Office or, if None, Residence:

                  The principal  business  offices of Mr. Bacon, MCM and MGI are
located at 1251 Avenue of the Americas, New York, New York 10020.

Item 2(c)         Citizenship:

                  i)       Mr. Bacon is a United States citizen;

                  ii)      MCM is a Connecticut corporation; and

                  iii)     MGI is a Bahamas corporation.




<PAGE>




                                                              Page 6 of 12 Pages




Item 2(d)         Title of Class of Securities:

                  Class A Common Stock, par value $0.10 per share (the "Shares")
of the Company.

Item 2(e)         CUSIP Number:

                  127097103

Item 3.           If this  statement  is filed  pursuant  to Rule  13d-1(b),  or
                  13d-2(b), check whether the person filing is a:

                  This Item 3 is not applicable.

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of December 31, 1999, each of the Reporting  Persons may be
deemed the beneficial owner of the following number of Shares:

                  (i)      Mr.  Bacon  may be  deemed  the  beneficial  owner of
                           1,603,000   Shares.   This  number  consists  of  (A)
                           1,282,400 Shares held for the account of MGI, and (B)
                           320,600 Shares held for the account of RIS.

                  (ii)     Each  of MCM and MGI  may be  deemed  the  beneficial
                           owner of the 1,282,400 Shares held for the account of
                           MGI.

Item 4(b)         Percent of Class:

                  (i)      The number of Shares of which Mr. Bacon may be deemed
                           to be the beneficial owner constitutes  approximately
                           6.39% of the total number of Shares outstanding.

                  (ii)     The number of Shares of which each of MCM and MGI may
                           be  deemed  to be the  beneficial  owner  constitutes
                           approximately  5.11% of the  total  number  of Shares
                           outstanding.




<PAGE>




                                                              Page 7 of 12 Pages




Item 4(c)         Number of shares as to which such person has:

     Mr. Bacon:
     ----------

     (i)   Sole power to vote or to direct the vote:                           0

     (ii)  Shared power to vote or to direct the vote:                 1,603,000

     (iii) Sole power to dispose or to direct the disposition of:              0

     (iv)  Shared power to dispose or to direct the disposition of:    1,603,000

     MCM:
     ----

     (i)   Sole power to vote or to direct the vote:                           0

     (ii)  Shared power to vote or to direct the vote:                 1,282,400

     (iii) Sole power to dispose or to direct the disposition of:              0

     (iv)  Shared power to dispose or to direct the disposition of:    1,282,400

     MGI:
     ----

     (i)   Sole power to vote or to direct the vote:                           0

     (ii)  Shared power to vote or to direct the vote:                 1,282,400

     (iii) Sole power to dispose or to direct the disposition of:              0

     (iv)  Shared power to dispose or to direct the disposition of:    1,282,400

Item 5.           Ownership of Five Percent or Less of a Class:

                  This Item 5 is not applicable.

Item 6.           Ownership  of More than  Five  Percent  on  Behalf of  Another
                  Person:

                  (i)      The shareholders of MGI have the right to participate
                           in the receipt of dividends  from,  or proceeds  from
                           the sale of,  Shares held by MGI in  accordance  with
                           their ownership interests in MGI.

                  (ii)     The partners of RIS have the right to  participate in
                           the receipt of dividends  from,  or proceeds from the
                           sale of, the Shares  held by RIS in  accordance  with
                           their partnership interests in RIS.




<PAGE>




                                                              Page 8 of 12 Pages



Item 7.           Identification  and  Classification  of the  Subsidiary  Which
                  Acquired the Security  Being Reported on by the Parent Holding
                  Company:

                           This Item 7 is not applicable.

Item 8.           Identification and Classification of Members of the Group:

                           This Item 8 is not applicable.

Item 9.           Notice of Dissolution of Group:

                           This Item 9 is not applicable.

Item 10.          Certification:

                           This Item 10 is not applicable.




<PAGE>




                                                              Page 9 of 12 Pages




                                   SIGNATURES


After  reasonable  inquiry  and to the  best of my  knowledge  and  belief,  the
undersigned  certifies that the information set forth in this statement is true,
complete and correct.

Date:  February 4, 2000

                                LOUIS M. BACON



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact


                                MOORE CAPITAL MANAGEMENT, INC.



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact


                                MOORE GLOBAL INVESTMENTS, LTD.



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact



<PAGE>




                                                             Page 10 of 12 Pages





                                  EXHIBIT INDEX

                                                                        Page No.
                                                                        --------

A.       Joint  Filing  Agreement  dated  February 4, 2000 by and
         between  Louis M. Bacon,  Moore Capital  Management  and
         Moore Global Investments, Ltd...........................             11

B.       Power of Attorney  dated  November  28, 1997  granted by
         Louis M.  Bacon in favor  M.  Elaine  Crocker,  Kevin F.
         Shannon and Stephen R. Nelson...........................             12









                                                             Page 11 of 12 Pages





                                    EXHIBIT A

                             JOINT FILING AGREEMENT

         The  undersigned  hereby agree that the  statement on Schedule 13G with
respect to the Class A Common Stock of Cabot Oil & Gas  Corporation  dated as of
February  4,  2000 is,  and any  amendments  thereto  (including  amendments  on
Schedule  13D) signed by each of the  undersigned  shall be,  filed on behalf of
each of the  undersigned  pursuant to and in accordance  with the  provisions of
Rule 13d-1(f) under the Securities Exchange Act of 1934.

         This Agreement may be executed in counterparts, each of which shall for
all purposes be deemed to be an original and all of which shall  constitute  one
and the same instrument.


Date:  February 4, 2000

                                LOUIS M. BACON



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact


                                MOORE CAPITAL MANAGEMENT, INC.



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact


                                MOORE GLOBAL INVESTMENTS, LTD.



                                By:      /S/ STEPHEN R. NELSON
                                         ---------------------------------------
                                         Name:            Stephen R. Nelson
                                         Title:           Attorney-in-Fact








                                                             Page 12 of 12 Pages




                                    EXHIBIT B

                                POWER OF ATTORNEY

         KNOW ALL MEN BY THESE  PRESENTS,  that I, Louis M.  Bacon,  hereby make
constitute and appoint each of M. Elaine  Crocker,  Kevin F. Shannon and Stephen
R. Nelson, acting individually, as my agent and attorney-in-fact for the purpose
of  executing  in my name (a) in my  personal  capacity or (b) in my capacity as
Chairman and Chief Executive Officer of each of Moore Capital  Management,  Inc.
and Moore Capital Advisors,  LLC and their respective  affiliates all documents,
certificates, instruments, statements, filing and agreements ("documents") to be
filed with or delivered to any foreign or domestic  governmental  or  regulatory
body or  required or  requested  by any other  person or entity  pursuant to any
legal  or  regulatory  requirement  relating  to  the  acquisition,   ownership,
management or  disposition  of securities  or other  investments,  and any other
documents  relating  or  ancillary  thereto,  including  but not limited to, all
documents  relating to filings with the United  States  Securities  and Exchange
Commission  (the "SEC") pursuant to the Securities Act of 1933 or the Securities
Exchange  Act of 1934 (the  "Act")  and the rules  and  regulations  promulgated
thereunder, including: (1) all documents relating to the beneficial ownership of
securities  required  to be filed  with the SEC  pursuant  to  Section  13(d) or
Section 16(a) of the Act  including,  without  limitation:  (a) any  acquisition
statements on Schedule 13D or Schedule 13G and any amendments  thereto,  (b) any
joint  filing  agreements  pursuant  to  Rule  13d-1(f),  and  (c)  any  initial
statements  of, or states of changes in,  beneficial  ownership of securities on
Form 3, Form 4 or Form 5 and (2) any information statements on Form 13F required
to be filed with the SEC pursuant to Section 13(f) of the Act.

         This  power  of  attorney  shall be valid  from the date  hereof  until
revoked by me.

         IN WITNESS WHEREOF,  I have executed this instrument as of the 28th day
of November, 1997.



                                                     /s/ Louis M. Bacon
                                                     ------------------
                                                     Louis M. Bacon







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