SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________
SCHEDULE 13G
(Rule 13d‑102)
MARLIN MIDSTREAM PARTNERS, LP
(Name of Issuer)
COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS
(Title of Class of Securities)
57118V 100
(CUSIP Number)
DECEMBER 31, 2013
(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)
X 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).
CUSIP No.: 57118V 100 SCHEDULE 13G
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1 |
| NAMES OF REPORTING PERSONS W. Keith Maxwell III |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (see instructions) (b) |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION USA |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER 33,200 (1) |
6 | SHARED VOTING POWER 10,574,090 (2) |
7 | SOLE DISPOSITIVE POWER 33,200(1) |
8 | SHARED DISPOSITIVE POWER 10,574,090 (2) |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,607,290(1)(2) |
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) 60.8%(3) |
12 | TYPE OF REPORTING PERSON (see instructions) IN |
(1) Includes 33,200 common units representing limited partner interests in the Issuer (“Common Units”) held directly by W. Keith Maxwell (“Mr. Maxwell”).
(1) Includes 1,849,545 Common Units and 8,724,545 subordinated units representing limited partner interests in the Issuer (“Subordinated Units”) held directly by NuDevco Midstream Development, LLC (“NuDevco Midstream”). NuDevco Partners Holdings, LLC (“NuDevco Holdings”), owns all of the limited liability company interests of NuDevco Midstream. NuDevco Partners, LLC (“NuDevco”), owns all of the limited liability company interests of NuDevco Holdings. Mr. Maxwell owns all of the limited liability company interests of NuDevco. Accordingly, Mr. Maxwell may be deemed to indirectly beneficially own the Common Units and Subordinated Units held by NuDevco Midstream. See Item 4.
(3) Based upon information provided by the Issuer reflecting 8,724,545 Common Units and 8,724,545 Subordinated Units outstanding as of December 31, 2013.
CUSIP No.: 57118V 100 SCHEDULE 13G
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1 |
| NAMES OF REPORTING PERSONS NuDevco Partners, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (see instructions) (b) |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
|
6 | SHARED VOTING POWER 10,574,090 (1) |
7 | SOLE DISPOSITIVE POWER
|
8 | SHARED DISPOSITIVE POWER 10,574,090 (1) |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,574,090 (1) |
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) 60.6%(2) |
12 | TYPE OF REPORTING PERSON (see instructions) OO (Limited Liability Company) |
(1) Includes 1,849,545 Common Units and 8,724,545 Subordinated Units held directly by NuDevco Midstream. NuDevco Holdings owns all of the limited liability company interests of NuDevco Midstream. NuDevco owns all of the limited liability company interests of NuDevco Holdings. Accordingly, NuDevco may be deemed to indirectly beneficially own the Common Units and Subordinated Units held by NuDevco Midstream. See Item 4.
(2) Based upon information provided by the Issuer reflecting 8,724,545 Common Units and 8,724,545 Subordinated Units outstanding as of December 31, 2013.
CUSIP No.: 57118V 100 SCHEDULE 13G
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| | | | |
1 |
| NAMES OF REPORTING PERSONS NuDevco Partners Holdings, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (see instructions) (b) |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
|
6 | SHARED VOTING POWER 10,574,090 (1) |
7 | SOLE DISPOSITIVE POWER
|
8 | SHARED DISPOSITIVE POWER 10,574,090 (1) |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,574,090 (1) |
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) 60.6%(2) |
12 | TYPE OF REPORTING PERSON (see instructions) OO (Limited Liability Company) |
(1) Includes 1,849,545 Common Units and 8,724,545 Subordinated Units held directly by NuDevco Midstream. NuDevco Holdings owns all of the limited liability company interests of NuDevco Midstream. Accordingly, NuDevco may be deemed to indirectly beneficially own the Common Units and Subordinated Units held by NuDevco Midstream. See Item 4.
(2) Based upon information provided by the Issuer reflecting 8,724,545 Common Units and 8,724,545 Subordinated Units outstanding as of December 31, 2013.
CUSIP No.: 57118V 100 SCHEDULE 13G
|
| | | | |
1 |
| NAMES OF REPORTING PERSONS NuDevco Midstream Partners, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (see instructions) (b) |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
|
6 | SHARED VOTING POWER 10,574,090 (1) |
7 | SOLE DISPOSITIVE POWER
|
8 | SHARED DISPOSITIVE POWER 10,574,090 (1) |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,574,090 (1) |
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) 60.6%(2) |
12 | TYPE OF REPORTING PERSON (see instructions) OO (Limited Liability Company) |
(1) Includes 1,849,545 Common Units and 8,724,545 Subordinated Units held directly by NuDevco Midstream.
(2) Based upon information provided by the Issuer reflecting 8,724,545 Common Units and 8,724,545 Subordinated Units outstanding as of December 31, 2013.
CUSIP No.: 57118V 100 SCHEDULE 13G
Item 1(a). Name of Issuer: Marlin Midstream Partners, LP
Item 1(b). Address of Issuer’s Principal Executive Offices:
2105 CityWest Boulevard, Suite 100
Houston, Texas 77042
Item 2(a). Name of Person(s) Filing:
W. Keith Maxwell III (“Mr. Maxwell”)
NuDevco Partners, LLC (“NuDevco”)
NuDevco Partners Holdings, LLC (“NuDevco Holdings”)
NuDevco Midstream Development, LLC (“NuDevco Midstream”)
Item 2(b). Address of Principal Business Office or, if none, Residence:
Principal business office for Mr. Maxwell, NuDevco, NuDevco Holdings and NuDevco Midstream:
2105 CityWest Boulevard, Suite 100
Houston, Texas 77042
Item 2(c). Citizenship:
Mr. Maxwell USA
NuDevco Texas
NuDevco Holdings Texas
NuDevco Midstream Texas
Item 2(d). Title of Class of Securities:
Common units representing limited partner interests and subordinated units representing limited partner interests in the Issuer
Item 2(e). CUSIP Number: 57118V 100
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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: |
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(a) | ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). |
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(b) | ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
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(c) | ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
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(d) | ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 78c). |
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(e) | ¨ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
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(f) | ¨ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
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(g) | ¨ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
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(h) | ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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(i) | ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); |
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(j) | ¨ A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
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(k) | ¨ Group, in accordance with § 13d-1(b)(1)(ii)(K). |
CUSIP No.: 57118V 100 SCHEDULE 13G
If filing as a non‑U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______________
Item 4. Ownership:
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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| | | | | |
| | Mr. Maxwell | NuDevco | NuDevco Holdings | NuDevco Midstream |
(a) | Amount beneficially owned: | 10,607,290 (1)(2) | 10,574,090 (1) | 10,574,090 (1) | 10,574,090 (1) |
(b) | Percent of class: | 60.8%(3) | 60.6%(3) | 60.6%(3) | 60.6%(3) |
(c) | Number of shares as to which such person has: | | | | |
| (i) Sole power to vote or to direct the vote: | 33,200 (2) | | | |
| (ii) Shared power to vote or to direct the vote: | 10,574,090 (1) | 10,574,090 (1) | 10,574,090 (1) | 10,574,090 (1) |
| (iii) Sole power to dispose or to direct the disposition of: | 33,200 (2) | | | |
| (iv) Shared power to dispose or to direct the disposition of: | 10,574,090 (1) | 10,574,090 (1) | 10,574,090 (1) | 10,574,090 (1) |
(1) Includes 1,849,545 common units representing limited partner interests (“Common Units”) and 8,724,545 subordinated units representing limited partner interests in the Issuer (“Subordinated Units”) held directly by NuDevco Midstream Development (“NuDevco Midstream”). NuDevco Partners Holdings, LLC (“NuDevco Holdings”), owns all of the limited liability company interests of NuDevco Midstream. NuDevco Partners, LLC (“NuDevco”), owns all of the limited liability company interests of NuDevco Holdings. W. Keith Maxwell III (“Mr. Maxwell”) owns all of the limited liability company interests of NuDevco. Accordingly, Mr. Maxwell may be deemed to indirectly beneficially own the Common Units and Subordinated Units held by NuDevco Midstream. The Subordinated Units may be converted into Common Units on a one-for-one basis after expiration of the subordination period (as defined in the Issuer's First Amended and Restated Agreement of Limited Partnership (the “Partnership Agreement”), which is incorporated by reference herein), and other circumstances as noted in the Partnership Agreement. As such Subordinated Units were acquired in connection with transactions having the effect of changing or influencing the control of the Issuer, such Subordinated Units are considered converted for purposes of the calculations of the amounts noted under Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended.
(2) Includes 33,200 Common Units held directly by Mr. Maxwell.
(3) Based upon information provided by the Issuer reflecting 8,724,545 Common Units and 8,724,545 Subordinated Units outstanding as of December 31, 2013.
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Not applicable.
CUSIP No.: 57118V 100 SCHEDULE 13G
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Item 6. | Ownership of More than Five Percent on Behalf of Another Person: Not Applicable. |
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Item 7. | Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: Not applicable. |
Item 8. Identification and Classification of Members of the Group: Not applicable.
Item 9. Notice of Dissolution of Group: Not applicable.
Item 10. Certification: Not applicable.
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 13, 2014
W. Keith Maxwell III
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
NuDevco Partners, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer
NuDevco Partners Holdings, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer
NuDevco Midstream Development, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer
JOINT FILING AGREEMENT
In accordance with Rule 13(d)-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other of the attached statement on Schedule 13G and to all amendments to such statement.
IN WITNESS WHEREOF, the undersigned hereby executed this Agreement as of February 13, 2014.
W. Keith Maxwell III
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
NuDevco Partners, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer
NuDevco Partners Holdings, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer
NuDevco Midstream Development, LLC
a Texas limited liability company
By: /s/ W. Keith Maxwell III
W. Keith Maxwell III
Chief Executive Officer