UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Petroglyph Energy
(Name of Issuer)
Common Stock
(Title of Class of Securities)
71649C101
(Cusip Number)
12/31/98
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
X Rule 13d-1(b)
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 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
SEC1745 (3-98) Page 1 of 6 pages
CUSIP No. 71649C101
1. Names of Reporting Persons. Eagle Capital Management L.L.C.
I.R.S. Identification Nos. of above persons (entities only). 22-3361201
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
3. SEC Use Only
4.Citizenship or Place of Organization 499 Park Avenue, New York, NY 10022
Number of 5. Sole Voting Power 420,100
Shares Bene- 6. Shared Voiting Power
Ficially by 7. Sole Dispositive Power
Owned by Each 8. Shared Dispositive Power 420,100
Reporting
Person With:
9. Aggregate Amount Beneficially Owned by Each Reporting Person 420,100
10. Check of the Aggregate Amount in Row (11) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (11) 7.7%
12 Type of Reporting Person (See Instructions) IA
Page 2 of 6 pages
GENERAL INSTRUCTIONS
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or
(c), check whether the person
filing is a:
(d) X Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class ofsecurities of the issuer identified in Item 1.
(a) Amount beneficially owned: 420,100
(b) Percent of class: 7.7
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 420,100
(iv) Shared power to dispose or to direct the disposition of 420,100
Item 10. Certification
(a) The following certification shall be included if the statement is filed
pursuant to 240.13d-1(b):
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and 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.
March 3, 1999
Ravenel B. Curry, III Managing Director
