<PAGE>
Page 1 of 19 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
3TEC Energy Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
88575R308
(CUSIP Number)
February 3, 2000
(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
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).
<PAGE>
CUSIP NO. 88575R308 13G Page 2 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Assurances I.A.R.D. Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 3 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Assurances Vie Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 4 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Conseil Vie Assurance Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 5 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Courtage Assurance Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 6 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 7 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Financial, Inc. 13-3623351
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
HC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 8 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Donaldson, Lufkin & Jenrette, Inc. 13-1898818
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
HC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 9 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DLJ Capital Investors, Inc. 13-3805378
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
HC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 10 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pel-Tex Partners LLC
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
OO (A Limited Liability Company)
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 11 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DLJ Fund Investment Partners II L.P.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
PN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 12 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DLJ LBO Plans Management Corporation 13-3743225
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
CO
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 88575R308 13G Page 13 of 19 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Townes G. Pressler Jr. ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES 5. SOLE VOTING POWER 0
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 444,423
February 3, 2000
BY EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 444,423
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 444,423
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7%
12. TYPE OF REPORTING PERSON *
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 14 of 19 Pages
Item 1.
(a)Name of Issuer:
3TEC Energy Corporation
(b)Address:
1221 Lamar Street, Houston, Texas 77010
Item 2.(a) and (b) Names of Persons Filing; Address
AXA Conseil Vie Assurance Mutuelle,
100-101 Terrasse Boieldieu
92042 Paris La Defense France
AXA Assurances I.A.R.D Mutuelle, and
AXA Assurances Vie Mutuelle,
21, rue de Chateaudun
75009 Paris France
AXA Courtage Assurance Mutuelle,
26, rue Louis le Grand
75002 Paris France
as a group (collectively, the 'Mutuelles AXA').
AXA
9 Place Vendome
75001 Paris France
AXA Financial, Inc.
1290 Avenue of the Americas
New York, New York 10104
Donaldson, Lufkin & Jenrette, Inc.
DLJ Capital Investors, Inc.
DLJ LBO Plans Management Corporation
DLJ Fund Investment Partners II L.P.
Pel-Tex Partners LLC
Townes G. Pressler, Jr.
277 Park Avenue
New York, New York 10172
(Please contact Patrick Meehan at (212) 314-5644 with any questions.)
<PAGE>
Page 15 of 19 Pages
Item 2. (c)Citizenship
Each of the persons filing this statement is a United States
citizen, a corporation or limited partnership organized under the
laws of a state of the United States or an individual except as
noted below:
Mutuelles AXA and AXA - France
Item 2.(d)Title of Class of Securities:
Common stock
Item 2.(e)CUSIP Number:
88575R308
Item 3. Type of Reporting Person:
AXA Financial, Inc. HC
The Mutuelles AXA, as a group, HC
AXA HC
Donaldson, Lufkin & Jenrette, Inc. HC
DLJ Capital Investors, Inc. HC
DLJ LBO Plans Management Corporation CO
DLJ Fund Investment Partners II L.P. PN
Pel-Tex Partners LLC OO (1)
Townes G. Pressler, Jr. IN
(1) limited Liability Company
<PAGE>
<TABLE>
Page 16 of 19 Pages
Item 4. Ownership as of December 31, 1998:
<CAPTION> (a) (b)
Amount Percent
Beneficially of Class
Owned (Shares) (1)
<S> <C> <C>
The Mutuelles AXA, as a group (2) 444,423 6.7%
AXA (2) 444,423 6.7%
AXA Financial, Inc. 444,423 6.7%
Donaldson, Lufkin & Jenrette, Inc. 444,423 6.7%
DLJ Capital Investors, Inc. 444,423 6.7%
DLJ Fund Investment Partners II L.P. 444,423 6.7%
DLJ LBO Plans Management Corporation 444,423 6.7%
Pel-Tex Partners LLC 444,423 6.7%
Townes G. Pressler, Jr. 444,423 6.7%
Each of the AXA entities expressly declares that the filing of this Schedule 13G
shall not be construed as an admission that it is, for purposes of Section 13(d)
of the Exchange Act, the beneficial owner of any securities covered by this
Schedule 13G.
Each of the subsidiaries of AXA Financial, Inc. operates under independent
management and makes independent decisions.
DLJ Fund Investment Partners II L.P., as the controlling member of Pel-Tex
Partners LLC, could be deemed a beneficial owner of the securities reported in
this Schedule 13G. DLJ Fund Investment Partners II L.P. expressly declares
that the filing of this Schedule 13G shall not be construed as an admission that
it is, for the purposes of Section 13(d) of the Exchange Act, the beneficial
owner of any securities covered by this Schedule 13G.
DLJ LBO Plans Management Corporation and Townes G. Pressler, Jr., in their
capacity as the Managers of Pel-Tex Partners LLC, could be deemed beneficial
owners of the securities reported in this Schedule 13G. DLJ Plans Management
Corporation and Townes G. Pressler, Jr. expressly declare that the filing of
this Schedule 13G shall not be construed as an admission that they are, for the
purposes of Section 13(d) of the Exchange Act, the beneficial owners of any
securities covered by this Schedule 13G.
All percentage ownership calculations utilized herein are calculated in
accordance with Rule 13d-3(d)(1)(i) and assume that 6,416,965 shares of common
stock are actually outstanding on the date of this statement, based upon the
number of outstanding shares reported in the Schedule 14A filed on January 11,
2000, as adjusted for the 3-for-1 reverse stock split effective January 18, 2000
and the issuance of 1,085,934 additional shares on February 3, 2000. The
444,423 shares reported in this Schedule 13G include 144,464 shares of Series D
Preferred Stock which are convertible into common stock on a one-for-one basis
and 45,702 warrants to acquire common stock.
(b)Percent of class: 6.7%
</TABLE>
<PAGE>
<TABLE>
ITEM 4. Ownership as of 12/31/98(CONT.) Page 17 of 19 Pages
(c) Deemed Voting Power and Disposition Power:
<CAPTION>
(i) Sole (ii) Shared (iii) Sole power (iv) Shared
power to vote power to vote to dispose or to power to dispose
or to direct or to direct direct the or to direct the
the vote the vote disposition of disposition of
<S> <C> <C> <C> <C>
The Mutuelles AXA, as a group 0 444,423 0 444,423
AXA 0 444,423 0 444,423
AXA Financial, Inc. 0 444,423 0 444,423
Donaldson, Lufkin & Jenrette, Inc. 0 444,423 0 444,423
DLJ Capital Investors, Inc. 0 444,423 0 444,423
DLJ LBO Plans Management Corporation 0 444,423 0 444,423
DLJ Fund Investment Partners II L.P. 0 444,423 0 444,423
Pel-Tex Partners LLC 0 444,423 0 444,423
Townes G. Pressler, Jr. 0 444,423 0 444,423
</TABLE>
<PAGE>
Page 18 of 19 Pages
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.
This Schedule 13G is being filed by Equitable Companies; AXA,
which beneficially owns a majority interest in Equitable Companies;
and the Mutuelles AXA, which as a group control AXA:
( ) in the Mutuelles AXAs' capacity, as a group, acting as a parent
holding company with respect to the holdings of the following
AXA entity or entities;
( ) in AXA's capacity as a parent holding company with respect
to the holdings of the following AXA entity or entities:
(X) in EQUITABLE COMPANIES capacity as a parent holding company
with respect to the holdings of its following subsidiaries:
(X) Donaldson, Lufkin & Jenrette, Inc.
(X) DLJ Capital Investors, Inc.
(X) Pel-Tex Partners LLC
(X) DLJ LBO Plans Management Corporation
(X) Townes G. Pressler, Jr.
(X) DLJ Fund Investment Partners II L.P., which holds a controlling
60.8% membership interest in Pel-Tex Partners LLC
<PAGE>
Page 19 of 19 Pages
Item 8.Identification and Classification of Members of the Group:
Not Applicable
Item 9.Notice of Dissolution of Group:
Not Applicable
Item 10.Certification:
By signing below the Reporting Persons certify that, to the best of their
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.
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 29, 2000
AXA Financial, Inc.
By:
Name: Alvin H Fenichel
Title: Senior Vice President and Controller
*Pursuant to the Joint Filing Agreement with respect to Schedule 13G attached
hereto as Exhibit A, among AXA Financial, Inc., AXA Conseil Vie Assurance
Mutuelle, AXA Assurances I.A.R.D Mutuelle, AXA Assurances Vie Mutuelle, AXA
Courtage Assurance Mutuelle, AXA, Donaldson, Lufkin & Jenrette, Inc., DLJ
Capital Investors, Inc., DLJ LBO Plans Management Corporation, DLJ Fund
Investment Partners II L.P. , Pel-Tex Partners LLC, and Townes G. Pressler, Jr.,
this statement of Schedule 13G is filed on behalf of each of them.
EXHIBIT A
JOINT FILING AGREEMENT
Each of the undersigned hereby agrees that the Schedule 13G filed herewith is
filed jointly, pursuant to Rule 13d-1(f)(1) of the Securities Exchange Act of
1934, as amended on behalf of each of them.
Dated: February 29, 2000
Signed on behalf of each of:
AXA Financial, Inc.
AXA Assurances I.A.R.D. Mutuelle; AXA Assurances Vie Mutuelle;
AXA Conseil Vie Assurance Mutuelle; AXA Courtage Assurance Mutuelle,
as a group, and Donaldson, Lufkin & Jenrette, Inc.
By:
Alvin H. Fenichel
Senior Vice President and Controller
DLJ CAPITAL INVESTORS, INC.
By:_________________________
Ivy Dodes
Vice President
DLJ LBO PLANS MANAGEMENT CORPORATION
By:_________________________
Ivy Dodes
Vice President
DLJ FUND INVESTMENT PARTNERS II L.P.
By: DLJ LBO PLANS MANAGEMENT CORPORATION
By:________________________
Ivy Dodes
Vice President
Pel-Tex LLC
By: DLJ FUND INVESTMENT PARTNERS II, L.P.
By: DLJ LBO PLANS MANAGEMENT CORPORATION
By:___________________
Townes G. Pressler, Jr.
______________________
By:
Alvin H. Fenichel
Attorney-in-Fact
(Executed pursuant to Powers of Attorney)
<PAGE>
POWER OF ATTORNEY
Know all by these presents, that each of the undersigned hereby constitutes and
appoints each of Ivy Dodes and Townes G. Pressler, Jr., signing singly,
each of the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of each of the undersigned, all Schedules 13D or
13G (including any amendments thereto) that each of the undersigned may be
required to file as a result of each of the undersigned's beneficial ownership
or transactions in the securities of 3TEC Energy Corporation (the "Company") in
accordance with Section 13(d) of the Securities Exchange Act of 1934 and the
rules thereunder;
(2) do and perform any and all acts for and on behalf of each of the undersigned
which may be necessary or desirable to complete and execute any such Schedules
13D or 13G and timely file such form with the United States Securities and
Exchange Commission and any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, each of the undersigned, it
being understood that the documents executed by such attorney-in-fact on behalf
of each of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact's discretion.
Each of the undersigned hereby grant to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as each of the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. Each of the undersigned acknowledge that the
foregoing attorneys-in-fact, in serving in such capacity at the request of each
of the undersigned, are not assuming, nor is the Company assuming, any of each
of the undersigned's responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until each of the
undersigned is no longer required to file Schedules 13D or 13G with respect to
each of the undersigned's holdings of and transactions in securities issued by
the Company, unless earlier revoked by each of the undersigned in a signed
writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, each of the undersigned has caused this Power of Attorney to
be executed as of this 29th day of February, 2000.
<PAGE>
Pel-Tex Partners LLC
By:_________________________________
Townes G. Pressler, Jr., Manager
By Townes G. Pressler, Jr., in his capacity as
Manager of Pel-Tex Partners LLC
By:DLJ LBO Plans Management
Corporation, Manager
By:
Name: Ivy Dodes
Title: Vice President
DLJ Fund Investment Partners II L.P.
By:
Name: Ivy Dodes
Title: Vice President
DLJ LBO Plans Management Corporation,
in its capacity as Manager of Pel-Tex
Partners
By:
Name: Ivy Dodes
Title: Vice President
