<PAGE> 1
---------------------------
OMB APPROVAL
---------------------------
OMB Number: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response ...14.90
---------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )*
-----
AVIVA PETROLEUM INC.
-----------------------------------------
(Name of Issuer)
COMMON STOCK
-----------------------------------------
(Title of Class of Securities)
05379P205
-----------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement / /.
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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).
Page 1 of 8
SEC 1745 (2-95)
<PAGE> 2
CUSIP NO. 05379P205 SCHEDULE 13G PAGE 2 OF 8 PAGES
--------------------- ----- -----
(1) NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KAIM NON-TRADITIONAL, L.P. - 95-4486379
RICHARD A. KAYNE - ###-##-####
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
KAIM NON-TRADITIONAL, L.P. IS A CALIFORNIA LIMITED PARTNERSHIP
RICHARD A. KAYNE IS A U.S. CITIZEN
---------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 1,396,760
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
1,396,760
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,396,760
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.44%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
KAIM NON-TRADITIONAL, L.P. - IA
RICHARD A. KAYNE - IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 2 OF 8 PAGES
----- -----
<PAGE> 3
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(ii) shared power to vote or to direct the vote
(ii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
Instruction: For computations regarding securities which represent a right to
acquire an underlying security see Rule 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
five percent of the class of securities, check the following [X].
Instruction: Dissolution of a group requires a response to this item.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
If any other person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the
beneficiaries of employee benefit plan, pension fund or endowment fund is not
required.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item 3(h) and attach an exhibit stating the identity and item 3
classification of each member of the group. If a group has filed this schedule
pursuant to rule 13d-1(c), attach an exhibit stating the identity of each
member of the group.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Notice of dissolution of a group may be furnished as an exhibit stating
the date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.
ITEM 10. CERTIFICATION
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course
of business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes 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
SEE ATTACHED
-------------------------------------
Signature
-------------------------------------
Name/Title
Page 3 of 8
<PAGE> 4
United States
Securities and Exchange Commission
Schedule 13G, Amendment Number 1
Aviva Petroleum Inc.
**************************
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 17, 1997
- -----------------------------------------------
Date
/s/ Richard A. Kayne
- -----------------------------------------------
Richard A. Kayne
KAIM NON-TRADITIONAL, L.P.
By: Kayne Anderson Investment Management, Inc.
By: /s/ David J. Shladovsky
--------------------------------------
David J. Shladovsky, Secretary
Page 4 of 8
<PAGE> 5
United States
Securities and Exchange Commission
Schedule 13G
*********************
<TABLE>
<S> <C> <C> <C>
Item 1. (a) Issuer: Aviva Petroleum, Inc.
(b) Address: 8235 Douglas Avenue, Suite 400
Dallas, Texas 75225
Item 2. (a) Filing Persons: KAIM Non-Traditional, L.P. Richard A. Kayne
(b) Addresses: 1800 Avenue of the Stars, 2nd Floor 1800 Avenue of the Stars, 2nd Floor
Los Angeles, CA 90067 Los Angeles, CA 90067
(c) Citizenship: KAIM Non-Traditional, L.P. is a California limited partnership
Richard A. Kayne is a U.S. Citizen
(d) Title of Class
of Services: Common Stock
(e) Cusip Number: 05379P205
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or
13d-2(b), check whether the person filing is a:
(e) KAIM Non-Traditional, L.P., is an investment adviser registered under section 203 of the
Investment Advisers Act of 1940
Item 4. Ownership
(a) Amount Beneficially Owned:
Four investment limited partnerships 1,396,760
TOTAL 1,396,760*
* Includes 245,000 shares of common stock, as well as 230,352 depository shares, each of which represents five
shares of common stock.
(b) Percent of Class: 4.44%
Page 5 of 8
</TABLE>
<PAGE> 6
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1)
This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities
Exchange Act of 1934 (the "Act") by and between the parties listed below, each
referred to herein as a "Joint Filer." The Joint Filers agree that a statement
of beneficial ownership as required by Section 13(d) of the Act and the Rules
thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G,
as appropriate, and that said joint filing may thereafter be amended by further
joint filings. The Joint Filers state that they each satisfy the requirements
for making a joint filing under Rule 13d-1.
March 17, 1997
- -----------------------------------------------
Date
/s/ Richard A. Kayne
- -----------------------------------------------
Richard A. Kayne
KAIM NON-TRADITIONAL, L.P.
By: Kayne Anderson Investment Management, Inc.
By: /s/ David J. Shladovsky
-------------------------------------
David J. Shladovsky, Secretary
Page 6 of 8
<PAGE> 7
United States
Securities and Exchange Commission
Schedule 13G
(cover page)
Aviva Petroleum, Inc. (Issuer)
**************************
Box 9. The reported shares are owned by four investment limited partnerships
managed, with discretion to purchase or sell securities by KAIM
Non-Traditional, L.P., a registered investment adviser. KAIM
Non-Traditional, L.P., is the sole or managing general partner of three
of the limited partnerships and a co-general partner of the fourth.
Richard A. Kayne is the controlling shareholder of the corporate owner of
Kayne, Anderson Investment Management, Inc., the sole general partner of
KAIM Non-Traditional, L.P. Mr. Kayne is also the managing general partner
of one of the limited partnerships and a limited partner of each of the
limited partnerships.
KAIM Non-Traditional, L.P. disclaims beneficial ownership of the shares
reported, except those shares attributable to it by virtue of its general
partner interests in the limited partnerships. Mr. Kayne disclaims
beneficial ownership of the shares reported, except those shares
attributable to him by virtue of his limited and general partner
interests in the limited partnerships and by virtue of his indirect
interest in the interest of KAIM Non-Traditional, L.P. in the limited
partnerships.
Page 7 of 8
<PAGE> 8
UNDERTAKING
The undersigned agree jointly to file the attached Statement of Beneficial
Ownership on Schedule 13G with the U.S. Securities Exchange Commission and Aviva
Petroleum, Inc.
Dated: March 17, 1997
/s/ Richard A. Kayne
- -----------------------------------------------
Richard A. Kayne
KAIM NON-TRADITIONAL, L.P.
By: Kayne Anderson Investment Management, Inc.
By: /s/ David J. Shladovsky
--------------------------------------
David J. Shladovsky, Secretary
Page 8 of 8
