SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934*
Seven Seas Petroleum Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
817917107
(CUSIP Number)
November 30, 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 8
<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
2,542,000
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,542,000
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,542,000
________________________________________________________________________________
(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) 6.76%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
IN
Page 2 of 8
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Theodore John Moore 1984 Irrevocable 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
Oklahoma
________________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
0
SHARES __________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,542,000
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,542,000
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,542,000
________________________________________________________________________________
(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)
6.76%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
00
Page 3 of 8
<PAGE>
CUSIP No.817917107
________________________________________________________________________________
(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
MTV Associates 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
2,542,000
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,542,000
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,542,000
________________________________________________________________________________
(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)
6.76%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
00
Page 4 of 8
<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
2,542,000
OWNED BY __________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING __________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,542,000
________________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,542,000
________________________________________________________________________________
(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)
6.76%
________________________________________________________________________________
(12) TYPE OF REPORTING PERSON (See Instructions)
PN
Page 5 of 8
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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"), the
Theodore John Moore 1984 Irrevocable Trust (the "TJM Trust"), MTV Capital
Limited Partnership, a South Dakota limited partnership ("MTV"), and MTV
Associates II, L.L.C., a South Dakota limited liability company ("MTV-Assoc").
This statement relates to 8,400 Common Shares owned directly by
PMM, 20,000 Common Shares owned directly by the TJM Trust, and 2,513,600
Common Shares owned directly by MTV, whose sole general partner is MTV-Assoc,
whose sole manager is PMM in his individual capacity. MTV-Assoc became the
sole general partner of MTV upon the merger of MTV Operations II L.L.C. into
MTV-Assoc on November 30, 1998.
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 is a United States citizen. The TJM Trust is an irrevocable
trust created under the laws of the State of Oklahoma. MTV-Assoc 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.
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: 2,542,000
(b) Percent of class: 6.76%
Page 6 of 8
<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: 2,542,000
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of : 2,542,000
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-Assoc, 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 2,513,600 Common Shares owned by
MTV. PMM is the manager of MTV-Assoc and in that capacity directs 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 I certify that, to the best of my 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 7 of 8
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete, and correct.
DATED: February 23, 1999
/s/ P. MARK MOORE
P. Mark Moore, in his individual
capacity, in his capacity as trustee
of the Theodore John Moore 1984
Irrevocable Trust, and in his
capacity as manager of
MTV Associates II, L.L.C.,
general partner of
MTV Capital Limited Partnership.
Page 9 of 9
