SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
STAR GAS PARTNERS, L.P.
(Name of Issuer)
Common Units
(Title of Class of Securities)
85512C105
(CUSIP Number)
February 16, 2017
(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 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).
| CUSIP No. 85512C105 |
| (1) | Names of Reporting Persons
YORKTOWN ENERGY PARTNERS VI, L.P. | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| (3) | SEC Use Only
| |||||
| (4) | Citizenship or Place of Organization
Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) | Sole Voting Power
7,546,567 | ||||
| (6) | Shared Voting Power
0 | |||||
| (7) | Sole Dispositive Power
7,546,567 | |||||
| (8) | Shared Dispositive Power
0 | |||||
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,546,567 | |||||
| (10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
| |||||
| (11) | Percent of Class Represented by Amount in Row (9)
13.5% (1) | |||||
| (12) | Type of Reporting Person (See Instructions)
OO | |||||
| (1) | Based on 55,887,832 Common Units (“Common Units”), of Star Gas Partners, L.P., a Delaware limited partnership (the “Issuer”), issued and outstanding as of January 31, 2017, as set forth in the Issuer’s quarterly report on Form 10-Q for the quarter ended December 31, 2016, filed with the Securities and Exchange Commission (the “SEC”) on February 1, 2017. |
| CUSIP No. 85512C105 |
| (1) | Names of Reporting Persons
(A) YORKTOWN VI COMPANY LP (B) | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| (3) | SEC Use Only
| |||||
| (4) | Citizenship or Place of Organization
Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) | Sole Voting Power
7,546,567 | ||||
| (6) | Shared Voting Power
0 | |||||
| (7) | Sole Dispositive Power
7,546,567 | |||||
| (8) | Shared Dispositive Power
0 | |||||
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,546,567(1) | |||||
| (10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
| |||||
| (11) | Percent of Class Represented by Amount in Row (9)
13.5% (2) | |||||
| (12) | Type of Reporting Person (See Instructions)
PN | |||||
| (1) | Includes 7,546,567 Common Units of the Issuer owned by Yorktown Energy Partners, L.P., a Delaware limited partnership (“Yorktown VI”). Yorktown VI Company LP is the sole general partner of Yorktown VI. Yorktown VI Associates LLC is the sole general partner of Yorktown VI Company LP. As a result, Yorktown VI Associates LLC may be deemed to have the power to vote or direct the vote or to dispose or direct the disposition of the shares owned by Yorktown VI. Yorktown VI Company LP and Yorktown VI Associates LLC disclaim beneficial ownership of the securities owned by Yorktown VI in excess of their pecuniary interests therein. |
| (2) | Based on 55,887,832 Common Units of the Issuer, issued and outstanding as of January 31, 2017, as set forth in the Issuer’s quarterly report on Form 10-Q for the quarter ended December 31, 2016, filed with the SEC on February 1, 2017. |
| CUSIP No. 85512C105 |
| (1) | Names of Reporting Persons
YORKTOWN VI ASSOCIATES LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| (3) | SEC Use Only
| |||||
| (4) | Citizenship or Place of Organization
Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) | Sole Voting Power
7,546,567 | ||||
| (6) | Shared Voting Power
0 | |||||
| (7) | Sole Dispositive Power
7,546,567 | |||||
| (8) | Shared Dispositive Power
0 | |||||
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,546,567(1) | |||||
| (10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
| |||||
| (11) | Percent of Class Represented by Amount in Row (9)
13.5% (2) | |||||
| (12) | Type of Reporting Person (See Instructions)
OO | |||||
| (1) | Includes 7,546,567 Common Units of the Issuer owned by Yorktown VI. Yorktown VI Company LP is the sole general partner of Yorktown VI. Yorktown VI Associates LLC is the sole general partner of Yorktown VI Company LP. As a result, Yorktown VI Associates LLC may be deemed to have the power to vote or direct the vote or to dispose or direct the disposition of the shares owned by Yorktown VI. Yorktown VI Company LP and Yorktown VI Associates LLC disclaim beneficial ownership of the securities owned by Yorktown VI in excess of their pecuniary interests therein. |
| (2) | Based on 55,887,832 Common Units of the Issuer, issued and outstanding as of January 31, 2017, as set forth in the Issuer’s quarterly report on Form 10-Q for the quarter ended December 31, 2016, filed with the SEC on February 1, 2017. |
Item 1(a). Name of Issuer: Star Gas Partners, L.P., a Delaware limited partnership (the “Issuer”)
Item 1(b). Address of Issuer’s Principal Executive Offices: 9 West Broad Street, Suite 310, Stamford, Connecticut 06902.
Item 2(a). Name of Person Filing: This statement is jointly filed by Yorktown Energy Partners VI, L.P., a Delaware limited partnership (“Yorktown VI”), Yorktown VI Company LP, a Delaware limited partnership and the general partner of Yorktown VI (“Yorktown VI Company”), and Yorktown VI Associates LLC, a Delaware limited liability company and the general partner of Yorktown VI Company (“Yorktown VI Associates”, and collectively, with Yorktown VI and Yorktown VI Company, the “Reporting Persons”).
Item 2(b). Address of Principal Business Office or, if None, Residence: The principal business office address of Yorktown VI, Yorktown VI Company and Yorktown VI Associates is 410 Park Avenue, 19th Floor, New York, New York 10022.
Item 2(c). Citizenship: Each of Yorktown VI, Yorktown VI Company and Yorktown VI Associates is organized under the laws of the state of Delaware.
Item 2(d). Title of Class of Securities: Common Units of the Issuer.
Item 2(e). CUSIP Number: 85512C105
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:
(a) ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) ☐ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) ☐ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g) ☐ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h) ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) ☐ A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J).
(k) ☐ Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
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.
The information regarding ownership set forth in Items 5-9 and 11 of each cover page is hereby incorporated herein by reference.
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 5 percent of the class of securities, check the following ☐.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable
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. Certifications.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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, other than activities solely in connection with a nomination under §240.14a-11.
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.
| Date: February 21, 2017 | ||
| Yorktown Energy Partners VI, L.P. | ||
| By: Yorktown VI Company LP, | ||
| Its general partner | ||
| By: Yorktown VI Associates LLC, | ||
| Its general partner | ||
| By: | /s/ Robert A. Signorino | |
| Name: Robert A. Signorino | ||
| Title: Manager | ||
| Yorktown VI Company LP | ||
| By: Yorktown VI Associates LLC, | ||
| Its general partner | ||
| By: | /s/ Robert A. Signorino | |
| Name: Robert A. Signorino | ||
| Title: Manager | ||
| Yorktown VI Associates LLC | ||
| By: | /s/ Robert A. Signorino | |
| Name: Robert A. Signorino | ||
| Title: Manager | ||
EXHIBIT INDEX
| Exhibit No. |
Description | |
| 1.1 | Joint Filing Agreement dated February 21, 2017. | |