<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)
Western Pacific Airlines, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.001 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
959080102
- --------------------------------------------------------------------------------
(CUSIP Number)
Ivan Irwin, Jr.
Hunt Petroleum of Texas, Inc.
5000 Thanksgiving Tower
Dallas, Texas 75201
(214) 922-1010
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 27, 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(b)(3) or (4), check the following box: [ ]
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the reporting 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 less than five percent of such class.
See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filed 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).
The Exhibit Index required by Rule 0-(c) is located at page 54 of this filing.
(Continued on the following page(s))
Page 1 of 58 Pages
<PAGE> 2
CUSIP NO. 959080102 13D Page 2 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hunt Petroleum of Texas, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
NUMBER OF 1,686,120
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 1,686,120
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,686,120
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.6%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 959080102 13D Page 3 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tom Hunt, as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 83,200
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH
10 SHARED DISPOSITIVE POWER
83,200
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
83,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 959080102 13D Page 4 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James L. Parker, as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 83,200
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH
10 SHARED DISPOSITIVE POWER
83,200
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
83,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 959080102 13D Page 5 of 58 Pages
<TABLE>
<S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Margaret Hunt Hill, as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 83,200
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
10 SHARED DISPOSITIVE POWER
83,200
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
83,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
CUSIP NO. 959080102 13D Page 6 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ivan Irwin, Jr., individually and as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF, AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
NUMBER OF 28,535
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 28,535
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,535
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 959080102 13D Page 7 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James R. Wikert
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 224,701
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 224,701
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
224,701
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
CUSIP NO. 959080102 13D Page 8 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Danny Bowlin, as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 50,400
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 50,400
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,400
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
CUSIP NO. 959080102 13D Page 9 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AGH Aviation, Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 50,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 50,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
14 TYPE OF REPORTING PERSON*
PN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 10
CUSIP NO. 959080102 13D Page 10 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AHT Financial, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 40,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 40,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 11
CUSIP NO. 959080102 13D Page 11 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lyda Hill, as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
SEC USE ONLY
3
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 51,800
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 51,800
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
51,800
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 12
CUSIP NO. 959080102 13D Page 12 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Heather Victoria Hill
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 4,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 4,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 13
CUSIP NO. 959080102 13D Page 13 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Albert G. Hill, III
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 1,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 1,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 14
CUSIP NO. 959080102 13D Page 14 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alinda Hill Wikert, individually and as custodian
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF, AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 4,800
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 4,800
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,800
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 15
CUSIP NO. 959080102 13D Page 15 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wesley Hill Wisenbaker
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 300
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 300
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 16
CUSIP NO. 959080102 13D Page 16 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
C.J. Donnally, Jr., as trustee
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 28,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 28,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 17
CUSIP NO. 959080102 13D Page 17 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Seven Falls Company
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 5,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 5,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 18
CUSIP NO. 959080102 13D Page 18 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Free Throw, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 31,141
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 31,141
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,141
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 19
CUSIP NO. 959080102 13D Page 19 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AGH Partners I, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 121,168
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 121,168
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
121,168
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
14 TYPE OF REPORTING PERSON*
PN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 20
CUSIP NO. 959080102 13D Page 20 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AGH Productions, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 14,832
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 14,832
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,832
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 21
CUSIP NO. 959080102 13D Page 21 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hill Development Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
NUMBER OF 1,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 1,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 22
CUSIP NO. 959080102 13D Page 22 of 58 Pages
<TABLE>
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Elisa Margaret Hill
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
NUMBER OF 2,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 2,000
WITH
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14 TYPE OF REPORTING PERSON*
IN
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 23
CUSIP NO. 959080102 13D Page 23 of 58 Pages
Item 1. Security and Issuer.
This statement relates to shares of the common stock, par value $.001 per
share (the "SHARES"), of Western Pacific Airlines, Inc., a Delaware corporation
(the "COMPANY"). The principal executive offices of the Company are at 2864 S.
Circle Drive, Suite 1100, Colorado Springs, Colorado 80906, and its telephone
number at such address is (719) 579-7737.
Item 2. Identity and Background.
(a)-(c), (f). This statement is filed by Hunt Petroleum of Texas, Inc., a
Delaware corporation ("HPTI"), Tom Hunt, as trustee ("T. HUNT"), James L.
Parker, as trustee ("J. PARKER"), Margaret Hunt Hill, as trustee ("M.H. HILL"),
Ivan Irwin, Jr., individually and as trustee ("I. IRWIN"), James R. Wikert ("J.
WIKERT"), Danny Bowlin, as trustee ("D. BOWLIN"), AGH Aviation Ltd., a Texas
limited partnership ("AGH AVIATION"), AHT Financial, Inc., a Texas corporation
("AHT"), Lyda Hill, as trustee ("L. HILL"), Heather Victoria Hill ("H.V.
HILL"), Albert G. Hill, III ("A.G. HILL, III"), Alinda Hill Wikert,
individually and as custodian ("A.H. WIKERT"), Wesley Hill Wisenbaker ("W.H.
WISENBAKER"), C.J. Donnally, Jr. ("C.J. DONNALLY"), as trustee, Seven Falls
Company, a Delaware corporation ("SEVEN FALLS"), Free Throw, Inc., a Texas
corporation ("FREE THROW"), AGH Partners I, a Texas general partnership ("AGH
PARTNERS"), AGH Productions, Inc., a Texas corporation ("AGH PRODUCTIONS"),
Hill Development Corporation, a Delaware corporation ("HILL DEVELOPMENT"), and
Elisa Margaret Hill ("E.M. HILL"). I. Irwin, J. Wikert, D. Bowlin, AGH
Aviation, AHT, L. Hill, H.V. Hill, A.G. Hill, III, A.H. Wikert, W.H.
Wisenbaker, C.J. Donnally, AGH Air, Seven Falls, Free Throw, AGH Partners, AGH
Productions, Hill Development and E.M. Hill are sometimes collectively referred
to herein as the "REPORTING PERSONS." The Reporting Persons hereby expressly
disclaim the existence of any "group" within the meaning of Section 13(d)(3) of
the Securities Exchange Act of 1934 among themselves or with any other person,
with respect to the Shares.
HPTI is a Delaware corporation with a principal business of investments. The
principal executive offices of HPTI are at 5000 Thanksgiving Tower, Dallas,
Texas 75201. The directors and executive officers of HPTI are T. Hunt, J.
Parker, I. Irwin and Danny Bowlin. HPTI is wholly owned (and controlled) by
Hunt Petroleum Corporation, a Delaware corporation ("HPC"). HPC is
principally engaged in the business of oil and gas exploration and production.
The directors and executive officers of HPC are T. Hunt, J. Parker, I. Irwin
and M.H. Hill. HPC is owned (and controlled) by the Margaret Hunt Trust Estate
and the Haroldson L. Hunt, Jr. Trust Estate. Tom Hunt is the sole trustee of
the Margaret Hunt Trust Estate, and J. Parker is the sole trustee of the
Haroldson L. Hunt, Jr. Trust Estate. The principal executive offices or
business address of each of HPC, the Margaret Hunt Trust Estate, Tom Hunt, the
Haroldson L. Hunt, Jr. Trust Estate and James L. Parker is 5000 Thanksgiving
Tower, Dallas, Texas 75201.
J. Parker is a trustee of the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill and
the Lyda Hunt-Margaret Trusts-Lyda Hill. He is principally employed as
President and a director of HPC and President and director of HPTI. J. Parker
is a U.S. citizen.
T. Hunt is a trustee of the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill and
the Lyda Hunt-Margaret Trusts-Lyda Hill. He is principally employed as
Chairman of the Board of Directors of HPC and Vice President and director of
HPTI. T. Hunt is a U.S. citizen.
M.H. Hill is a trustee of the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill and
the Lyda Hunt-Margaret Trusts-Lyda Hill. She is principally employed as Vice
President and a director of HPC. Her principal business address is 5000
Thanksgiving Tower, Dallas, Texas 75201. M.H. Hill is a U.S. citizen.
I. Irwin is a director of the Company and was nominated as such by HPTI. I.
Irwin serves as Vice President of HPTI and as Vice Chairman of the Board of
Directors and Executive Vice President of HPC. I. Irwin is the sole trustee of
the Kevin Irwin Trust, the Drew Educational Trust and the Lane Educational
Trust. I. Irwin is also Executive Vice President of U.S. Financial Corp., a
Texas corporation and the general partner of AGH Aviation. His principal
business address is 5000 Thanksgiving Tower, Dallas, Texas 75201. I. Irwin is
a U.S. citizen.
J. Wikert is a director of the Company and was nominated as such by HPTI. J.
Wikert is principally employed as an airline executive. J. Wikert is married
to A.H Wikert, daughter of M.H. Hill. His principal business address is 3890
West Northwest Highway, Suite 700, Dallas, Texas 75220. J. Wikert is a U.S.
citizen.
D. Bowlin is the sole trustee for the Wisenbaker/Wikert 1986 Trusts, which
were established for the four children of A.H. Wikert. D. Bowlin is
principally employed as Senior Vice President of HPC and Vice President and a
director of HPTI. His principal address is 5000 Thanksgiving Tower, Dallas,
Texas 75201. D. Bowlin is a U.S. citizen.
AGH Aviation is a Texas limited partnership with a principal business of
leasing airplanes. U.S. Financial Corporation, a Texas corporation, is its
general partner. Al G. Hill, Jr. ("AL G. HILL, JR."), is the partnership's
sole limited partner. U.S. Financial Corporation is solely owned (and
controlled) by Al G. Hill, Jr. The executive officers and directors of U.S.
Financial Corporation are Al G. Hill, Jr., Mike Cockrell, I. Irwin and Richard
M. Pena. Al G. Hill, Jr. and Mike Cockrell are principally
<PAGE> 24
CUSIP NO. 959080102 13D Page 24 of 58 Pages
employed as executives of numerous entities. Richard M. Pena is principally
employed as Vice President for U.S. Financial Corporation. The principal
executive offices for AGH Aviation, U.S. Financial Corporation, Al G. Hill, Jr.
and each of the other executive officers and directors of U.S. Financial
Corporation is located at 5000 Thanksgiving Tower, Dallas, Texas 75201. Mike
Cockrell and Richard M. Pena are U.S. citizens.
AHT is a Texas corporation with a principal business of investments. The
executive officers and directors of AHT are Al G. Hill, Jr., L. Hill and Mike
Cockrell. AHT is wholly-owned by the Albert Hill Trust, of which L. Hill is the
sole trustee. The principal executive offices of AHT and each of its executive
officers and directors are located at 5000 Thanksgiving Tower, Dallas, Texas
75201.
L. Hill is the sole trustee for the Albert Hill Trust. L. Hill is
principally involved in real estate investments. Her principal business
address is 5000 Thanksgiving Tower, Dallas, Texas 75201. L. Hill is a U.S.
citizen.
H.V. Hill is the daughter of Al G. Hill, Jr. H. V. Hill is a partner of AGH
Partners. H.V. Hill is principally employed as a private investor. Her
principal business address is 5000 Thanksgiving Tower, Dallas, Texas 75201.
H. V. Hill is a U.S. citizen.
A.G. Hill, III is the son of Al G. Hill, Jr. A.G. Hill, III is a partner of
AGH Partners. A.G. Hill, III is principally employed as an investor in various
entities. A.G. Hill, III's principal business address is 5000 Thanksgiving
Tower, Dallas, Texas 75201. A.G. Hill, III is a U.S. citizen.
A.H. Wikert is the wife of J. Wikert and the daughter of M.H. Hill. A.H.
Wikert is the mother of W.H. Wisenbaker, Margretta Hill Wikert and Cody
McArthur Wikert. A.H. Wikert is the custodian of accounts established under
the Uniform Texas Gifts to Minors Act for the benefit of Margretta Hill Wikert
and Cody McArthur Wikert. A.H. Wikert is principally employed as an airline
executive. Her principal business address is 5000 Thanksgiving Tower, Dallas,
Texas 75201. A.H. Wikert is a U.S. citizen.
W.H. Wisenbaker is the son of A.H. Wikert. He is principally employed as a
student. His principal business address is 5000 Thanksgiving Tower, Dallas,
Texas 75201. W.H. Wisenbaker is a U.S. citizen.
C.J. Donnally is a trustee of The Margaret Hunt Hill-Albert G. Hill, III
Trust, The Margaret Hunt Hill-Heather Victoria Hill Trust, the Margaret Hunt
Hill-Elisa Margaret Hill Trust, The Margaret Hunt Hill-Michael Bush Wisenbaker,
Jr. Trust, The Margaret Hunt Hill-Wesley Hill Wisenbaker Trust, The Margaret
Hunt Hill-Cody McArthur Wikert Trust and The Margaret Hunt Hill-Margretta Hill
Wikert Trust. He is principally employed as a stockbroker. His principal
business address is 200 Crescent Court, Suite 1200, Dallas, Texas 75201. C.J.
Donnally is a U.S. citizen.
Free Throw is a Texas corporation with a principal business of leasing
airplanes. The directors and executive officers of Free Throw are W. Jeptha
Thornton, J. Wikert and Ralph Koti. W. Jeptha Thornton is principally employed
as an investor. Ralph Koti is principally employed as an attorney in private
practice. The executive offices of Free Throw, W. Jeptha Thornton and Ralph
Koti are located at 8629 Lemmon Avenue, Hanger H, Dallas, Texas 75209. W.
Jeptha Thornton and Ralph Koti are U.S. citizens.
Seven Falls is a Delaware corporation with a principal business of operating
a scenic attraction park. The directors and executive officers of Seven Falls
are L. Hill, Al G. Hill, Jr. and M.H. Hill. The principal executive offices of
Seven Falls are at 5000 Thanksgiving Tower, Dallas, Texas 75201.
AGH Partners is a Texas general partnership with a principal business of
investments. The general partners of AGH Partners are The Hill 1980 Trusts
(defined herein), Al G. Hill, Jr., A. G. Hill, III, E.M. Hill and H.V. Hill.
Al G. Hill, Jr., the son of M.H. Hill, serves as a limited partner to AGH
Aviation and trustee of a group of trusts commonly referred to as The Hill 1980
Trusts. The Hill 1980 Trusts include The Hill Grandchildren's Trust-Albert G.
Hill, III, The Hill Grandchildren's Trust-Elisa Margaret Hill, The Hill
Grandchildren's Trust-Heather Victoria Hill, The Hill Grandchildren's
Trust-Cody McArthur Wikert, The Hill Grandchildren's Trust-Margretta Hill
Wikert, The Hill Grandchildren's Trust-Michael Bush Wisenbaker, Jr. and The
Hill Grandchildren's Trust-Wesley Hill Wisenbaker. The executive offices or
principal place of business for each of Al G. Hill, Jr. and AGH Productions is
located at 5000 Thanksgiving Tower, Dallas, Texas 75201. Al G. Hill, Jr. is a
U.S. citizen.
AGH Productions is a Texas corporation with a principal business of film
production. The directors and executive officers of AGH Productions are Al G.
Hill, Jr., Mike Cockrell and Michael Liddle. Michael Liddle is principally
employed in the aircraft chartering industry. The executive offices or
principal place of business for AGH Productions is located at 5000 Thanksgiving
Tower, Dallas, Texas 75201. Michael Liddle is located at 3890 W. Northwest
Highway, Suite 304, Dallas, Texas 75220. Mr. Liddle is a U.S. citizen.
<PAGE> 25
CUSIP NO. 959080102 13D Page 25 of 58 Pages
Hill Development is a Delaware corporation with a principal business of
investments. The directors and executive officers of Hill Development are L.
Hill, Al G. Hill, Jr., A.H. Wikert, Donald C. Hare and Joyce D. Waller. Donald
C. Hare is principally employed as a real estate developer. Joyce D. Waller
is principally employed as an executive officer in numerous entities. The
executive offices or principal place of business for Hill Development and Joyce
D. Waller are located at 5000 Thanksgiving Tower, Dallas, Texas 75201. The
executive offices or principal place of business for Donald C. Hare is located
at 3320 Mesa Road, Colorado Springs, Colorado 80904. Donald C. Hare and Joyce
D. Waller are U.S. citizens.
E.M. Hill is the daughter of Al G. Hill, Jr. She is principally employed as
a student. The executive offices or principal place of business of E.M. Hill
are at 5000 Thanksgiving Tower, Dallas, Texas 75201. E.M. Hill is a U.S.
citizen.
(d)-(e). None of the named above has, during the past five (5) years, (i)
been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect to such
laws.
Item 3. Source and Amount of Funds or Other Consideration.
(a) HPTI is the beneficial owner of 1,686,120 Shares. Of such number,
1,250,000 Shares were acquired for a price of $5,000,000 and 300,000 Shares
were acquired in a private transaction for a price of $2,100,000. All funds for
the purchase of the 1,550,000 Shares were acquired through an intercompany loan
from HPC. Also included in the Shares beneficially owned are immediately
exercisable warrants to acquire 136,120 Shares. The consideration for the
warrants was a promissory note as more fully set forth in Item 4.
(b) T. Hunt is the beneficial owner of 83,200 Shares, all of which were
acquired with cash on hand. Of such number, 75,000 Shares are held of record by
the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill for a total purchase price of
$150,000, and 8,200 are held of record by the Lyda Hunt-Margaret Trusts-Lyda
Hill for a total purchase price of $139,660. T. Hunt is a trustee of both
trusts. Excluded from the Shares beneficially owned by T. Hunt are 1,550,000
Shares owned by HPTI as set forth above in subparagraph (a), which Shares could
be attributed to him as trustee of the Margaret Hunt Trust Estate, a
significant stockholder of HPC, which is in turn the sole stockholder of HPTI.
T. Hunt disclaims beneficial ownership of the Shares owned by HPTI.
(c) J. Parker is the beneficial owner of 83,200 Shares, all of which were
acquired with cash on hand. Of such number, 75,000 Shares are held of record by
the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill for a total purchase price of
$150,000, and 8,200 are held of record by the Lyda Hunt-Margaret Trusts-Lyda
Hill for a total purchase price of $139,660. J. Parker is a trustee of both
trusts. Excluded from the Shares beneficially owned by J. Parker are 1,550,000
Shares owned by HPTI as set forth above in subparagraph (a), which Shares could
be attributed to him as trustee of the Haroldson L. Hunt, Jr. Trust Estate, a
significant stockholder of HPC, which is in turn the sole stockholder of HPTI.
J. Parker disclaims beneficial ownership of the Shares owned by HPTI.
(d) M.H. Hill is the beneficial owner of 83,200 Shares, all of which were
acquired with cash on hand. Of such number, 75,000 Shares are held of record by
the Lyda Hunt-Margaret Trusts-Alinda Hunt Hill for a total purchase price of
$150,000, and 8,200 are held of record by the Lyda Hunt-Margaret Trusts-Lyda
Hill for a total purchase price of $139,660. M. Hill is a trustee of both
trusts.
(e) J. Wikert is the beneficial owner of 224,701 Shares. This number includes
207,201 Shares owned directly by him. Of such number, 206,500 Shares were
acquired for a total purchase price of $1,295,000. Of those 206,500 Shares,
170,500 Shares were purchased with cash on hand. The cash consideration for the
remaining 36,000 Shares was acquired through a loan for $410,000 from Smith,
Barney, Harris, Upham & Co. ("SMITH BARNEY"). From the proceeds of the loan
from Smith Barney (the "SMITH BARNEY LOAN"), J. Wikert purchased a total of
67,141 Shares. The purchase price of 33,000 Shares was $10.88 and the remaining
34,141 were acquired through debt forgiveness resulting in an average purchase
price of $14.50 for all 67,141 Shares. Of the 67,141 Shares, J. Wikert is the
holder of record of 36,000 Shares. The remaining 31,141 Shares are held of
record by Free Throw. The collateral for the Smith Barney Loan was 70,500
Shares held of record by J. Wikert. The remaining 701 Shares of the 207,201
Shares owned directly were acquired pursuant to a restricted stock award to
non-employee directors of the Company. Also included in the total Shares of
which J. Wikert is the beneficial owner are 17,500 Shares that he has the right
to acquire for $6.00 per share within 60 days after the filing of this
statement pursuant to a stock option granted by the Company. Excluded from the
Shares beneficially owned by J. Wikert are 50,400 Shares owned by the
Wisenbaker/Wikert 1986 Trusts and 75,000 Shares owned by the Lyda Hunt-Margaret
Trusts-Alinda Hunt Hill. J. Wikert disclaims beneficial ownership of such
excluded Shares.
(f) I. Irwin is the beneficial owner of 28,535 Shares, including 10,735
Shares owned directly by him. Of such number, 10,034 Shares were purchased for
a total purchase price of $82,304. The remaining 701 Shares of the 10,735
Shares owned directly were acquired pursuant to a restricted stock award to
non-employee directors of the Company. Also included in the total Shares
beneficially owned by I. Irwin are (i) 17,500 Shares that he has a right to
acquire for $6.00 per share within 60 days after
<PAGE> 26
CUSIP NO. 959080102 13D Page 26 of 58 Pages
the filing of this statement pursuant to a stock option granted by the Company,
(ii) 100 Shares owned by the Kevin Irwin Trust, of which I. Irwin is the sole
trustee, (iii) 100 Shares owned by the Drew Educational Trust, of which I.
Irwin is the sole trustee and (iv) 100 Shares owned by the Lane Educational
Trust, of which I. Irwin is the sole trustee. All Shares owned by I. Irwin and
the trusts of which he is the trustee were acquired with cash on hand unless
otherwise indicated.
(g) D. Bowlin is the beneficial owner of 50,400 Shares. Such Shares are held
of record by the Wisenbaker/Wikert 1986 Trusts, of which he is the sole
trustee, and were acquired by such trusts for a total purchase price of
$107,600 with cash on hand.
(h) AGH Aviation is the beneficial owner of 50,000 Shares acquired for a
total purchase price of $300,000. Such Shares were purchased with cash on hand
resulting from a capital contribution of $300,000 by the limited partner, Al G.
Hill, Jr.
(i) AHT is the beneficial owner of 40,000 Shares for a total purchase price
of $617,500. Such Shares were acquired with cash on hand.
(j) H.V. Hill is the beneficial owner of 4,000 Shares. Such Shares were
acquired for a total purchase price of $65,500 with cash on hand.
(k) L. Hill is the beneficial owner of 51,800 Shares held of record by the
Albert Hill Trust, of which she is the sole trustee, and were acquired for a
total purchase price of $747,407. Such Shares were purchased on behalf of the
Albert Hill Trust with cash on hand. Excluded from the Shares beneficially
owned by L. Hill are 20,000 Shares owned by AHT which could be attributed to
her as sole trustee of the Albert Hill Trust, which in turn controls AHT. L.
Hill expressly disclaims beneficial ownership of the Shares owned by AHT.
(l) A.G. Hill, III is the beneficial owner of 1,000 Shares. Such Shares were
acquired for a total purchase price of $19,000 with cash on hand.
(m) A.H. Wikert is the beneficial owner of 4,800 Shares. Of such number,
4,600 Shares are held of record by her, and were acquired for a total purchase
price of $75,140. Of the remaining 200 Shares beneficially owned by A.H.
Wikert, 100 Shares are held in an account established under the Texas Uniform
Gifts to Minors Act for the benefit of Margretta Hill Wikert, for a total
purchase price of $1,900 and 100 Shares are held in an account established
under the Texas Uniform Gifts to Minors Act for the benefit of Cody McArthur
Wikert, for a total purchase price of $1,900. A.H. Wikert is the custodian of
both accounts. All Shares owned directly by A.H. Wikert or held in accounts of
which A.H. Wikert is the custodian, were acquired with cash on hand.
(n) C.J. Donnally is the beneficial owner of 28,000 Shares, all of which were
acquired with cash on hand. Of such number, 4,000 Shares are held of record by
the Margaret Hunt Hill-Albert G. Hill, III Trust for a total purchase price of
$51,520; 4,000 Shares are held of record by the Margaret Hunt Hill-Heather
Victoria Hill Trust for a total purchase price of $51,520; 4,000 Shares are
held of record by the Margaret Hunt Hill-Elisa Margaret Hill Trust for a total
purchase price of $51,520; 4,000 Shares are held of record by the Margaret Hunt
Hill-Michael Bush Wisenbaker, Jr. Trust for a total purchase price of $51,520;
4,000 Shares are held of record by the Margaret Hunt Hill-Wesley Hill
Wisenbaker Trust for a total purchase price of $51,520; 4,000 Shares are held
of record by the Margaret Hunt Hill-Cody McArthur Wikert Trust for a total
purchase price of $51,520; and 4,000 Shares are held of record by the Margaret
Hunt Hill- Margretta Hill Wikert Trust for a total purchase price of $51,520.
C.J. Donnally is the sole trustee of all such trusts.
(o) W. H. Wisenbaker is the beneficial owner of 300 Shares acquired for a
total purchase price of $5,700. Such Shares were purchased with cash on hand.
(p) Free Throw is the beneficial owner of 31,141 Shares. Such Shares were
acquired as set forth above in subparagraph (f).
(q) Seven Falls is the beneficial owner of 5,000 Shares for a total purchase
price of $82,005. Such Shares were acquired with cash on hand.
(r) AGH Partners is the beneficial owner of 121,168 Shares. Of such number
74,168 Shares were assigned to AGH Partners from AGH Air Partners I, a Texas
general partnership ("AGH AIR") on August 1, 1996, in a private transaction and
37,000 Shares were purchased in the open market from the proceeds of borrowings
secured by a standard margin account arrangement with Smith Barney. The
aggregate purchase price for the 111,168 Shares is $1,536,554. The remaining
10,000 Shares are purchasable within 60 days pursuant to call options with an
exercise price of $7.50, which will expire in May 1997, that were purchased
from the proceeds of borrowings secured by a standard margin account
arrangement with Smith Barney for a purchase price of $18,200.
(s) AGH Productions is the beneficial owner of 14,832 Shares assigned to
AGH Productions from AGH Air on August 1, 1996, in a private transaction for a
purchase price of $243,498.
<PAGE> 27
CUSIP NO. 959080102 13D Page 27 of 58 Pages
(t) Hill Development is the beneficial owner of 1,000 Shares for a total
purchase price of $14,879. Such Shares were acquired with cash on hand.
(u) E.M. Hill is the beneficial owner of 2,000 Shares. Such Shares were
previously held by the Elisa Margaret Hill Trust and were transferred to E.M.
Hill. Prior to being transferred, the total purchase price of the Shares was
$38,000 and such Shares were acquired by the Elisa Margaret Hill Trust with
cash on hand.
Item 4. Purpose of Transaction.
The Reporting Persons have purchased the Shares for investment purposes. Each
of the Reporting Persons believes that ownership of the Shares represents an
attractive investment opportunity at this time. Any of the Reporting Persons
may purchase additional Shares either in the open market or in private
transactions, depending on his or its evaluation of the Company's business,
prospects and financial condition, the market for the Shares, economic
conditions, money and stock market conditions and other future developments.
Depending on the same factors, any of the Reporting Persons may decide to sell
all or part of his or its investment in the Shares, although none of them have
any current intention to do so.
Ivan Irwin, Jr. and James R. Wikert are directors of the Company. As such,
they participated in the Board of Directors' determination to seek a new
president and chief executive officer of the Company. This development is
described in more detail in the Company's press release dated November 15,
1996, previously filed as Exhibit N, which is incorporated herein by reference.
On January 31, 1997, HPTI, the Company and GFI Company entered into a Stock
Purchase Agreement (the "AGREEMENT") pursuant to which HPTI acquired at the
closing of the Agreement, 100,000 shares of Series B Preferred Stock of the
Company and warrants to purchase 1,325,000 Shares. In exchange for the
acquisition of the securities, HPTI will, subject to the terms and conditions
of the Agreement, cancel $10,000,000 of indebtedness owed by the Company to
HPTI pursuant to a promissory note dated January 31, 1997 (the "PROMISSORY
NOTE"). Warrants to acquire an aggregate total of 1,325,000 Shares will become
exercisable according to the following vesting schedule: 136,120 warrants
vested immediately upon issuance, a maximum of 136,119 will vest on December 1,
1997, a maximum of 453,757 will vest during the period from May 1, 1998 through
April 30, 1990, and a maximum of 599,004 will vest during the period from May
1, 1999 through April 30, 2000. All warrants other than those that are
currently exercisable are subject to reduction according to the terms and
conditions of the Agreement.
Except as set forth in this Item 4, none of the Reporting Persons (or any of
the other persons named above) has any plans or proposals that relate to or
would result in any of the actions specified in clauses (a)-(j) of Item 4 of
Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) The aggregate number and percentage of the Shares beneficially owned
(identifying those Shares for which there is a right to acquire) by each of the
Reporting Persons, and for all of the Reporting Persons, is set forth in Item 1
above and on Schedule I attached hereto and incorporated herein in full by
reference thereto. The existence of any "group" within the meaning of Section
13(d)(3) of the Securities Exchange Act of 1934 among the Reporting Persons or
any of them with any other persons is hereby expressly disclaimed.
(b) Schedule I attached hereto shows the number of Shares as to which there
is sole power to vote or to direct the vote, shared power to vote or to direct
the vote, sole power to dispose or to direct the disposition and shared power
to dispose or to direct the disposition, for each of the Reporting Persons. The
applicable information required by Item 2 with respect to each person with whom
the power to vote or to direct the vote or to dispose or to direct the
disposition is set forth in Item 2 above.
(c) None of the Reporting Persons have effected any transactions in the
Shares in the last 60 days except as set forth on Schedule II attached hereto.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relations with Respect to
Securities of the Issuer.
Attached hereto as Exhibit A and incorporated herein by reference is a copy
of the Joint Filing Agreement.
As indicated in Item 3 above, certain purchases of the Shares were financed
by means of margin accounts pursuant to the standard form margin agreement of
Smith Barney.
<PAGE> 28
CUSIP NO. 959080102 13D Page 28 of 58 Pages
In addition, of the Shares beneficially owned by J. Wikert, 70,500 Shares
held of record by J. Wikert have been pledged as collateral to secure the
borrowings for the Smith Barney Loan as set forth above in Item 3.
As indicated in Item 4 above, HPTI has entered into the Agreement and the
Company has executed the Promissory Note in favor of HPTI.
Item 7. Material to be Filed as Exhibits.
The Stock Purchase Agreement dated January 31, 1997 among the Company, HPTI
and GFI Company (Exhibit 10.67 of Form 8- K) and the Promissory Note dated
January 31, 1997 (Exhibit 10.70 of Form 8-K) were previously filed with the
Commission as exhibits to Form 8-K dated February 11, 1997 filed by the Company
and are hereby incorporated by reference pursuant to Rule 12b-32 promulgated
under the Securities Exchange Act of 1934.
Filed herewith are the following exhibits:
Exhibit A Joint Filing Agreement dated as of February 27, 1997.
Exhibit O Power of Attorney executed by Elisa Margaret Hill.
Previously filed with the Securities and Exchange Commission are the following
exhibits:
Exhibit B Power of Attorney executed by James R. Wikert.
Exhibit C Power of Attorney executed by Lyda Hill.
Exhibit D Power of Attorney executed by AHT Financial, Inc.
Exhibit E Power of Attorney executed by Heather Victoria Hill.
Exhibit F Power of Attorney executed by Albert G. Hill, III.
Exhibit G Power of Attorney executed by Wesley Hill Wisenbaker.
Exhibit H Power of Attorney executed by C.J. Donnally, Jr.
Exhibit I Power of Attorney executed by AGH Air Partners I.
Exhibit J Power of Attorney executed by Seven Falls Company.
Exhibit K Power of Attorney executed by Free Throw, Inc.
Exhibit L Power of Attorney executed by AGH Partners I.
Exhibit M Power of Attorney executed by AGH Productions, Inc.
Exhibit N Press Release dated November 15, 1996.
<PAGE> 29
CUSIP NO. 959080102 13D Page 29 of 58 Pages
SCHEDULE I
REPORTING PERSONS
<TABLE>
<CAPTION>
AGGREGATE
AMOUNT OF PERCENT OF
SOLE SHARED SOLE SHARED SHARES CLASS
VOTING VOTING DISPOSITIVE DISPOSITIVE BENEFICIALLY BENEFICIALLY
POWER POWER POWER POWER OWNED OWNED
--------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C>
Hunt Petroleum of Texas,
Inc. (1) .................. 1,686,120 -0- 1,686,120 -0- 1,686,120 12.6%
James L. Parker (2) ....... -0- 83,200 -0- 83,200 83,200 0.6%
Tom Hunt (3) .............. -0- 83,200 -0- 83,200 83,200 0.6%
Margaret Hunt Hill (4) .... -0- 83,200 -0- 83,200 83,200 0.6%
James R. Wikert (5) ....... 224,701 -0- 224,701 -0- 224,701 1.7%
Ivan Irwin Jr. (6) ........ 28,535 -0- 28,535 -0- 28,535 0.2%
D. Bowlin (7) ............. 50,400 -0- 50,400 -0- 50,400 0.4%
AGH Aviation Ltd. ......... 50,000 -0- 50,000 -0- 50,000 0.4%
AHT Financial, Inc. ....... 40,000 -0- 40,000 -0- 40,000 0.3%
Lyda Hill (8) ............. 51,800 -0- 51,800 -0- 51,800 0.4%
Heather Victoria Hill ..... 4,000 -0- 4,000 -0- 4,000 0.0%
Albert G. Hill, III ....... 1,000 -0- 1,000 -0- 1,000 0.0%
Alinda Hill Wikert (9) .... 4,800 -0- 4,800 -0- 4,800 0.0%
Wesley Hill Wisenbaker .... 300 -0- 300 -0- 300 0.0%
C.J. Donnally (10) ........ 28,000 -0- 28,000 -0- 28,000 0.2%
Seven Falls Company ....... 5,000 -0- 5,000 -0- 5,000 0.0%
Free Throw, Inc. .......... 31,141 -0- 31,141 -0- 31,141 0.2%
AGH Partners I(11) ........ 121,168 -0- 121,168 -0- 121,168 0.9%
AGH Productions, Inc. ..... 14,832 -0- 14,832 -0- 14,832 0.1%
Hill Development .......... 1,000 -0- 1,000 -0- 1,000 0.0%
Corporation
Elisa Margaret Hill ....... 2,000 -0- 2,000 -0- 2,000 0.0%
TOTAL ..................... 2,344,797 83,200 2,344,797 83,200 2,427,997 18.2%
========= ====== ========= ====== ========= ====
</TABLE>
<PAGE> 30
CUSIP NO. 959080102 13D Page 30 of 58 Pages
SCHEDULE 13D
SCHEDULE I
FOOTNOTES
(1) Includes 1,550,000 Shares and vested warrants to acquire 136,120
Shares at $0.01 per share. Warrants to acquire an aggregate total of
1,325,000 Shares will become exercisable according to the following
vesting schedule: 136,120 warrants vested immediately upon issuance,
a maximum of 136,119 will vest on December 1, 1997, a maximum of
453,757 will vest during the period from May 1, 1998 through April 30,
1990, and a maximum of 599,004 will vest during the period from May 1,
1999 through April 30, 2000. All warrants other than those that are
currently exercisable are subject to reduction according to the terms
and conditions of the acquisition agreement.
(2) Includes 75,000 Shares held of record by the Lyda Hunt-Margaret
Trusts-Alinda Hunt Hill, of which James L. Parker is a trustee and
8,200 Shares held of record by the Lyda Hunt-Margaret Trusts-Lyda
Hill, of which James L. Parker is a trustee. Excludes 1,686,120
Shares held of record by Hunt Petroleum of Texas, Inc., which Shares
could be attributed to James L. Parker as the sole trustee of the
Haroldson L. Hunt, Jr. Trust Estate, a significant stockholder of Hunt
Petroleum Corporation, which is in turn the sole stockholder of Hunt
Petroleum of Texas, Inc. James L. Parker expressly disclaims
beneficial ownership of the Shares held by Hunt Petroleum of Texas,
Inc.
(3) Includes 75,000 Shares held of record by the Lyda Hunt-Margaret
Trusts-Alinda Hunt Hill, of which Tom Hunt is a trustee and 8,200
Shares held of record by the Lyda Hunt-Margaret Trusts-Lyda Hill, of
which Tom Hunt is a trustee. Excludes 1,686,120 Shares held of record
by Hunt Petroleum of Texas, Inc., which Shares could be attributed to
Tom Hunt as the sole trustee of the Margaret Hunt Trust Estate, a
significant stockholder of Hunt Petroleum Corporation, which is in
turn the sole stockholder of Hunt Petroleum of Texas, Inc. Tom Hunt
expressly disclaims beneficial ownership of the Shares held by Hunt
Petroleum of Texas, Inc.
(4) Includes 75,000 Shares held of record by the Lyda Hunt-Margaret
Trusts-Alinda Hunt Hill, of which Margaret Hunt Hill is a trustee and
8,200 Shares held of record by the Lyda Hunt-Margaret Trusts-Lyda
Hill, of which Margaret Hunt Hill is a trustee.
(5) Includes 207,201 Shares and vested options to purchase 17,500 Shares
at $6.00 per share pursuant to a stock option granted under the 1995
Directors' Option Plan for a total of 25,000 Shares. The option is
exercisable as to 10,000 Shares on July 28, 1995 and as to 7,500
additional Shares on each of July 28, 1996 and July 28, 1997.
Excludes 75,000 Shares owned by the Lyda Hunt-Margaret Trusts-Alinda
Hunt Hill and 50,400 Shares owned by the Wisenbaker/Wikert 1986
Trusts, as to which Shares James R. Wikert disclaims beneficial
ownership.
(6) Includes 10,735 Shares and vested options to purchase 17,500 Shares at
$6.00 per share pursuant to a stock option granted under the 1995
Directors' Option Plan for a total of 25,000 Shares. The option is
exercisable as to 10,000 Shares on July 28, 1995 and as to 7,500
additional Shares on each of July 28, 1996 and July 28, 1997. Also
includes 100 Shares held of record by the Kevin Irwin Trust, 100
Shares held of record by the Drew Educational Trust and 100 Shares
held of record by the Lane Educational Trust. Ivan Irwin is the sole
trustee of all three trusts.
(7) Includes 50,400 Shares held of record by the Wisenbaker/Wikert 1986
Trusts, of which Danny Bowlin is the sole trustee.
(8) Includes 51,800 Shares held of record by the Albert Hill Trust, of
which Lyda Hill is the sole trustee. Excludes 20,000 Shares held by
AHT Financial, Inc., which Shares may be deemed to be beneficially
owned by Lyda Hill as a result of her being the sole trustee of the
Albert Hill Trust, which is in turn the sole stockholder of AHT
Financial, Inc. Lyda Hill disclaims beneficial ownership of the
Shares owned by AHT Financial, Inc.
<PAGE> 31
CUSIP NO. 959080102 13D Page 31 of 58 Pages
(9) Includes 4,600 Shares held of record by Alinda Hill Wikert, 100 Shares
held for the benefit of Margretta Hill Wikert in an account
established under the Texas Uniform Gifts to Minors Act, of which
Alinda Hill Wikert is the custodian and 100 Shares held for the
benefit of Cody McArthur Wikert in an account established under the
Texas Uniform Gifts to Minors Act, of which Alinda Hill Wikert is the
custodian.
(10) Includes a total of 28,000 Shares. Of such number 4,000 Shares are
held of record by each of The Margaret Hunt Hill-Albert G. Hill, III
Trust, The Margaret Hunt Hill-Heather Victoria Hill Trust, The
Margaret Hunt Hill- Elisa Margaret Hill Trust, The Margaret Hunt
Hill-Michael Bush Wisenbaker, Jr. Trust, The Margaret Hunt Hill-
Wesley Hill Wisenbaker Trust, The Margaret Hunt Hill-Cody McArthur
Wikert Trust and The Margaret Hunt Hill- Margretta Hill Wikert Trust.
(11) Of such number 74,168 Shares were assigned to AGH Partners from AGH
Air on August 1, 1996 in a private transaction and 37,000 Shares were
purchased in the open market from the proceeds of borrowings secured
by a standard margin account arrangement with Smith Barney. The
remaining 10,000 Shares are purchasable within 60 days pursuant to
call options with an exercise price of $7.50, which will expire in May
1997, that were purchased from the proceeds of borrowings secured by a
standard margin account arrangement with Smith Barney.
The Reporting Persons expressly disclaim beneficial ownership (as used
in this Schedule 13D) of the Shares excluded and expressly disclaim the
existence of any "group" (within the meaning of Section 13(d)(3) under the
Securities Exchange Act of 1934).
<PAGE> 32
CUSIP NO. 959080102 13D Page 32 of 58 Pages
SCHEDULE II
From November 27, 1996, through February 27, 1997, certain Reporting
Persons acquired beneficial ownership of Shares in the following transactions.
The Shares purchased by Hunt Petroleum of Texas, Inc. were acquired in a
private transaction.
<TABLE>
<CAPTION>
DATE NUMBER OF EXERCISE
REPORTING PERSON OF TRANSACTION TRANSACTION OF SHARES PRICE PER SHARE
--------------------------------- ---------------- --------------- --------- ---------------
<S> <C> <C> <C> <C>
Hunt Petroleum of Texas, Inc(1). 02-27-97 Purchase 136,120 $0.01
</TABLE>
- --------------------
(1) Represents Shares that the Reporting Person has the right to acquire
within 60 days pursuant to warrants with an exercise price of $0.01 per
share.
<PAGE> 33
CUSIP NO. 959080102 13D Page 33 of 58 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.
DATED: February 27, 1997
HUNT PETROLEUM OF TEXAS, INC.
By:/s/ James L. Parker
-----------------------------
Name: James L. Parker
Title: President
<PAGE> 34
CUSIP NO. 959080102 13D Page 34 of 58 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.
DATED: February 27, 1997
/s/ Tom Hunt, Trustee
-----------------------------------
Tom Hunt, as trustee
<PAGE> 35
CUSIP NO. 959080102 13D Page 35 of 58 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.
DATED: February 27, 1997
/s/ James L. Parker
------------------------------------
James L. Parker, as trustee
<PAGE> 36
CUSIP NO. 959080102 13D Page 36 of 58 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.
DATED: February 27, 1997
/s/ Margaret Hunt Hill, Trustee
------------------------------------
Margaret Hunt Hill, as trustee
<PAGE> 37
CUSIP NO. 959080102 13D Page 37 of 58 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.
DATED: February 27, 1997
/s/ Ivan Irwin, Jr.
--------------------------------------------
Ivan Irwin, Jr., individually and as trustee
<PAGE> 38
CUSIP NO. 959080102 13D Page 38 of 58 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.
DATED: February 27, 1997
/s/ James R. Wikert
-------------------------------------
James R. Wikert
<PAGE> 39
CUSIP NO. 959080102 13D Page 39 of 58 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.
DATED: February 27, 1997
/s/ Danny Bowlin, Trustee
-------------------------------------
Danny Bowlin, as trustee
<PAGE> 40
CUSIP NO. 959080102 13D Page 40 of 58 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.
DATED: February 27, 1997
AGH AVIATION LTD.
By: U.S. FINANCIAL CORPORATION, General Partner
By:/s/ Al G. Hill, Jr.
-----------------------------------
Name: Al G. Hill, Jr.
Title: President
<PAGE> 41
CUSIP NO. 959080102 13D Page 41 of 58 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.
DATED: February 27, 1997
AHT FINANCIAL, INC.
By:/s/ Ivan Irwin, Jr., Attorney-in-Fact
--------------------------------------
Name: Lyda Hill
Title: President
<PAGE> 42
CUSIP NO. 959080102 13D Page 42 of 58 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.
DATED: February 27, 1997
/s/ Ivan Irwin, Jr., Attorney-in-Fact
--------------------------------------
Lyda Hill, as trustee
<PAGE> 43
CUSIP NO. 959080102 13D Page 43 of 58 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.
DATED: February 27, 1997
/s/ Heather Victoria Hill
----------------------------------
Heather Victoria Hill
<PAGE> 44
CUSIP NO. 959080102 13D Page 44 of 58 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.
DATED: February 27, 1997
/s/ Albert G. Hill, III
--------------------------------------
Albert G. Hill, III
<PAGE> 45
CUSIP NO. 959080102 13D Page 45 of 58 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.
DATED: February 27, 1997
/s/ Alinda Hill Wikert
----------------------------------------------------
Alinda Hill Wikert, individually and as custodian
<PAGE> 46
CUSIP NO. 959080102 13D Page 46 of 58 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.
DATED: February 27, 1997
/s/ Ivan Irwin, Jr., Attorney-in-Fact
-------------------------------------
Wesley Hill Wisenbaker
<PAGE> 47
CUSIP NO. 959080102 13D Page 47 of 58 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.
DATED: February 27, 1997
/s/ C.J. Donnally, Jr.
-----------------------------------
C.J. Donnally, Jr., as trustee
<PAGE> 48
CUSIP NO. 959080102 13D Page 48 of 58 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.
DATED: February 27, 1997
Seven Falls Company
By:/s/ Ivan Irwin, Jr., Attorney-in-Fact
-------------------------------------
Name: Lyda Hill
Title: President
<PAGE> 49
CUSIP NO. 959080102 13D Page 49 of 58 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.
DATED: February 27, 1997
Free Throw, Inc.
By:/s/ James R. Wikert
---------------------------------
Name: James R. Wikert
Title: Vice President
<PAGE> 50
CUSIP NO. 959080102 13D Page 50 of 58 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.
DATED: February 27, 1997
AGH Partners I
By: /s/ Heather Victoria Hill
------------------------------------
Name: Heather Victoria Hill
Title: Managing Partner
<PAGE> 51
CUSIP NO. 959080102 13D Page 51 of 58 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.
DATED: February 27, 1997
AGH Productions, Inc.
By: /s/ Al G. Hill, Jr.
---------------------------------
Name: Al G. Hill, Jr.
Title: President
<PAGE> 52
CUSIP NO. 959080102 13D Page 52 of 58 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.
DATED: February 27, 1997
Hill Development Corporation
By: /s/ AL G. HILL, JR.
-----------------------------------
Name: Al G. Hill, Jr.
Title: Vice President
<PAGE> 53
CUSIP NO. 959080102 13D Page 53 of 58 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.
DATED: February 27, 1997
/s/ Elisa Margaret Hill
---------------------------------
Elisa Margaret Hill
<PAGE> 54
CUSIP NO. 959080102 13D Page 54 of 58 Pages
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Page
-------- ----
<S> <C> <C>
A Joint Filing Agreement dated as of February 27, 1997 55
B Power of Attorney executed by James R. Wikert*
C Power of Attorney executed by Lyda Hill*
D Power of Attorney executed by AHT Financial, Inc.*
E Power of Attorney executed by Heather Victoria Hill*
F Power of Attorney executed by Albert G. Hill, III*
G Power of Attorney executed by Wesley Hill Wisenbaker*
H Power of Attorney executed by C.J. Donnally, Jr.*
J Power of Attorney executed by Seven Falls Company*
K Power of Attorney executed by Free Throw, Inc.*
L Power of Attorney executed by AGH Partner I*
M Power of Attorney executed by AGH Productions, Inc.*
N Press Release dated November 15, 1996*
O Power of Attorney executed by Elisa Margaret Hill 58
</TABLE>
*Previously filed
<PAGE> 55
CUSIP NO. 959080102 13D Page 55 of 58 Pages
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13-d-1(f) under the Securities Exchange Act of
1934, the persons named below agree to the joint filing on behalf of each of
them of a Statement on Schedule 13D (including amendments thereto) with regard
to the common stock of Western Pacific Airlines, Inc., and further agree that
this Joint Filing Agreement be included as an Exhibit to such joint filings.
In evidence thereof, the undersigned, being duly authorized, hereby execute
this Agreement as of the 27th day of February, 1997.
HUNT PETROLEUM OF TEXAS, INC.
By:/s/ James L. Parker
---------------------------------------------
Name: James L. Parker
Title: President
/s/ James L. Parker
---------------------------------------------
James L. Parker, as trustee
/s/ Tom Hunt, Trustee
---------------------------------------------
Tom Hunt, as trustee
/s/ Margaret Hunt Hill, Trustee
---------------------------------------------
Margaret Hunt Hill, as trustee
/s/ Ivan Irwin, Jr.
---------------------------------------------
Ivan Irwin, Jr., individually and as trustee
/s/ James R. Wikert
---------------------------------------------
James R. Wikert
/s/ Danny Bowlin, Trustee
---------------------------------------------
Danny Bowlin, as trustee
AGH AVIATION, LTD.
By: U.S. FINANCIAL CORPORATION,
General Partner
By: /s/ Al G. Hill, Jr.
------------------------------------
Name: Al. G. Hill, Jr.
Title: President
<PAGE> 56
CUSIP NO. 959080102 13D Page 56 of 58 Pages
AHT FINANCIAL, INC.
By:/s/ Ivan Irwin, Jr., Attorney-in-Fact
-----------------------------------------
Name: Lyda Hill
Title: President
/s/ Ivan Irwin, Jr., Attorney-in-Fact
--------------------------------------------
Lyda Hill, as trustee
/s/ Heather Victoria Hill
--------------------------------------------
Heather Victoria Hill
/s/ Albert G. Hill, III
--------------------------------------------
Albert G. Hill, III
/s/ Alinda Hill Wikert
--------------------------------------------
Alinda Hill Wikert, individually
and as custodian
/s/ Ivan Irwin, Jr., Attorney-in-Fact
--------------------------------------------
Wesley Hill Wisenbaker
/s/ C.J. Donnally, Jr.
--------------------------------------------
C.J. Donnally, Jr., as trustee
SEVEN FALLS COMPANY
By: /s/ Ivan Irwin, Jr., Attorney-in-Fact
------------------------------------------
Name: Lyda Hill
Title: President
FREE THROW, INC.
By:/s/ James R. Wikert
--------------------------------------------
Name: James R. Wikert
Title: Vice President
AGH PARTNERS I
By:/s/ Heather Victoria Hill
--------------------------------------------
Name: Heather Victoria Hill
Title: Managing Partner
AGH PRODUCTIONS, INC.
By:/s/ Al G. Hill, Jr.
--------------------------------------------
Name: Al G. Hill, Jr.
Title: President
<PAGE> 57
CUSIP NO. 959080102 13D Page 57 of 58 Pages
HILL DEVELOPMENT CORPORATION
By: /s/ AL G. HILL, JR.
----------------------------------------
Name: Al G. Hill, Jr.
Title: Vice President
/s/ ELISA MARGARET HILL
--------------------------------------------
Elisa Margaret Hill
<PAGE> 58
CUSIP NO. 959080102 13D Page 58 of 58 Pages
EXHIBIT O
POWER OF ATTORNEY
STATE OF TEXAS )
)
COUNTY OF DALLAS )
KNOW ALL MEN BY THESE PRESENTS, that the undersigned individual hereby
constitutes and appoints IVAN IRWIN, JR. her true and lawful attorney-in-fact
and agent with full power of substitution for her and on her behalf and in her
name, place and stead, in any and all capacities, to sign, execute, and file
any and all schedules, reports, forms or other filings deemed necessary,
appropriate or convenient under the Securities Exchange Act of 1934 (the
"Exchange Act"), and the rules and regulations promulgated thereunder, with
respect to beneficial ownership of shares of Common Stock, $.001 par value, of
Western Pacific Airlines, Inc. ("Common Stock") and changes in such ownership,
including, but not limited to, statements on Schedule 13D or Schedule 13G
relating to beneficial ownership of shares of Common Stock, any Forms 3, 4, or
5 that may be required to be filed by or on behalf of the undersigned pursuant
to Schedule 16(a) of the Exchange Act, together with any amendment or
amendments to such Schedules or Forms and all exhibits and any and all
documents required to be filed with respect thereto (including agreements of
joint filing), granting unto said attorney full power and authority to do and
to perform each and every act and thing deemed by said attorney requisite,
necessary or convenient to be done in and about the premises in order to
effectuate the same as fully to all intents and purposes as the undersigned
might or could do if personally present individually, hereby ratifying and
confirming all that said attorney-in-fact, and agent, or his substitute or
substitutes, may lawfully do or cause to be done.
IN WITNESS WHEREOF, the undersigned has hereunto set her hand this 27th
day of February, 1997.
/s/ ELISA HILL
--------------------------
Elisa Margaret Hill
