SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
SCHEDULE 13G
Under the Securities Exchange Act of 1934*
Seven Seas Petroleum Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
817917107
(CUSIP Number)
April 14, 1998
(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)
[ ] 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 purposes 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 10
<PAGE>
CUSIP No. 817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
P. Mark Moore
________________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [x]
(b) [ ]
________________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,176,900
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,176,900
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,176,900
________________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
________________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 6.18%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
IN
Page 2 of 10
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Robert W. Moore
________________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [x]
(b) [ ]
________________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,176,900
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,176,900
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,176,900
________________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
________________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.18%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
IN
Page 3 of 10
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
MTV Operations II L.L.C.
________________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [x]
(b) [ ]
________________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
South Dakota
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,176,900
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,176,900
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,176,900
________________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
________________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.18%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
00
Page 4 of 10
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
MTV Capital Limited Partnership
________________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [x]
(b) [ ]
________________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
South Dakota
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,176,900
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,176,900
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,176,900
________________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
________________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.18%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
PN
Page 5 of 10
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Northstar Trust
________________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [x]
(b) [ ]
________________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
South Dakota
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,176,900
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,176,900
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,176,900
________________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
________________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.18%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
00
Page 6 of 10
<PAGE>
Item 1(a) Name of Issuer:
Seven Seas Petroleum Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1990 Post Oak Blvd., Suite 960
Third Post Oak Central
Houston, TX 77056
Item 2(a) Name of Person Filing:
This filing is made on behalf of P. Mark Moore ("PMM"), MTV
Capital Limited Partnership, a South Dakota limited partnership ("MTV"), MTV
Operations II L.L.C., a South Dakota limited liability company ("MTV-Ops"),
Robert W. Moore ("RWM"), and the Northstar Trust, an irrevocable trust
created under the laws of the State of South Dakota pursuant to the Irrevocable
Trust of Robert W. Moore dated October 16, 1997 ("Northstar").
This statement relates to 14,400 Common Shares owned directly by
PMM and 2,162,500 Common Shares owned directly by MTV, whose sole general
partner is MTV-Ops, whose two managing members are PMM and RWM, as trustee of
Northstar. Northstar acquired its managing membership interest in MTV-Ops by
purchase in January, 1998, from RWM's revocable trust created under an
Indenture of Trust of Robert W. Moore, dated May 12, 1995, as amended.
Item 2(b) Address of the Principal Office:
The principal business office of PMM, MTV, MTV-Ops, RWM, and
Northstar is 3600 West Main Street, Suite 150, Norman, Oklahoma 73072.
Item 2(c) Citizenship:
PMM and RWM are United States citizens. MTV-Ops is a limited
liability company organized under the laws of the State of South Dakota. MTV
is a limited partnership organized under the laws of the State of South Dakota.
Northstar is an irrevocable trust created under the laws of the State of South
Dakota.
Item 2(d) Title of Class of Securities:
Common Shares
Item 2(e) CUSIP Number:
817917107
Item 3. If this statement is filed pursuant to 240.13(d)-1(c), check
this box. [x]
Item 4. Ownership:
(a) Amount beneficially owned: 2,176,900
(b) Percent of class: 6.18%
Page 7 of 10
<PAGE>
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 2,176,900
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of : 2,176,900
Item 5. Ownership of 5 Percent or Less of a Class:
This item is not applicable.
Item 6. Ownership of more than 5 Percent on Behalf of Another Person:
MTV-Ops, the general partner of MTV, has the power to direct the
affairs of MTV, including the power to direct the receipt of dividends from, or
the proceeds from the sale of, the 2,162,500 Common Shares owned by MTV. PMM
and RWM, in his capacity as trustee of Northstar, are the managing members of
MTV-Ops and in those capacities direct its operations.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding Company:
This item is not applicable.
Item 8. Identification and Classification of Members of the Group:
This item is not applicable.
Item 9. Notice and Dissolution of Group.
This item is not applicable.
Item 10. Certification:
By signing below we certify that, to the best of our knowledge
and belief, the securities referred to above were not acquired and are 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.
Page 8 of 10
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete, and correct.
DATED: April 14, 1998
/s/ P. MARK MOORE
P. Mark Moore, individually, and as
managing member of
MTV Operations II L.L.C.,
general partner of
MTV Capital Limited Partnership
/s/ ROBERT W. MOORE
Robert W. Moore, individually, and
as trustee of the Northstar
Trust, a managing member of
MTV Operations II L.L.C.,
general partner of
MTV Capital Limited Partnership
Page 9 of 10
<PAGE>
EXHIBIT 1
JOINT FILING AGREEMENT
PURSUANT TO RULE 13D-1(k)1
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement shall be filed on behalf of each of the
undersigned without the necessity of filing additional joint filing
agreements. The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments, and for the completeness and accuracy of the
information concerning him or it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the other,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
DATED: April 14, 1998
/s/ P. MARK MOORE
P. Mark Moore, individually, and as
managing member of
MTV Operations II L.L.C.,
general partner of
MTV Capital Limited Partnership
/s/ ROBERT W. MOORE
Robert W. Moore, individually, and
as trustee of the Northstar
Trust, a managing member of
MTV Operations II L.L.C.,
general partner of
MTV Capital Limited Partnership
Page 10 of 10