UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*
ENERGY PARTNERS, LTD.
---------------------------------------------------
(Name of Issuer)
Shares of Common Stock, par value $0.001 per share
---------------------------------------------------
(Title of Class of Securities)
29270U303
---------------------------------------------------
(CUSIP Number)
Steve Pully
Carlson Capital, L.P.
2100 McKinney Avenue, Suite 1600
Dallas, TX 75201
(214) 932-9600
with a copy to
Marc Weingarten, Esq.
David Rosewater, Esq.
Schulte Roth & Zabel LLP
919 Third Avenue
New York, New York 10022
---------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 21, 2009
---------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 13 Pages)
--------------------------
* 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
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).
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 2 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Double Black Diamond Offshore Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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7 SOLE VOTING POWER
NUMBER OF 3,783,052
-------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
-------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,783,052
-------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,783,052
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 3 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Black Diamond Offshore Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 204,841
----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 204,841
----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
204,841
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 4 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Black Diamond Relative Value Offshore Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 40,891
----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 40,891
----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,891
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
--------------------------------------------------------------------------------
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 5 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Carlson Capital, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF 4,038,221
----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 4,038,221
----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,038,221
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 6 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Asgard Investment Corp.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 4,038,221
-------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
-------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 4,038,221
-------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,038,221
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
--------------------------------------------------------------------------------
-------------------------------------------------------------------------------
CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 7 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Clint D. Carlson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 4,038,221
-------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
-------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 4,038,221
-------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,038,221
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 8 OF 13 PAGES
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1 NAMES OF REPORTING PERSONS
Steven J. Pully
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 369 (1)
-------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
-------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 369 (1)
-------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
369 (1)
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
-------------------
(1) Does not include 69 Phantom Stock units.
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 9 OF 13 PAGES
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ITEM 1. SECURITY AND ISSUER
This Amendment No. 6 (this "Amendment") is filed with respect to the
Schedule 13D originally filed with the Commission on December 3, 2007, as
heretofore amended (the "Schedule 13D"), relating to shares of common stock, par
value $0.001 per share (the "Common Stock"), of Energy Partners, Ltd., a
Delaware corporation (the "Issuer"), and amends and supplements the Schedule
13D.
Item 2. IDENTITY AND BACKGROUND
Item 2 is hereby amended and restated in the entirety as follows:
(a) This statement is filed by: (i) Double Black Diamond Offshore
Ltd., a Cayman Islands exempted company ("Double Offshore Ltd."), (ii) Black
Diamond Offshore Ltd., a Cayman Islands exempted company ("Offshore Ltd."),
(iii) Black Diamond Relative Value Offshore Ltd., a Cayman Islands exempted
company ("Relative Value Offshore Ltd.", and together with Double Offshore Ltd.
and Offshore Ltd., the "Funds"), (iv) Carlson Capital, L.P., a Delaware limited
partnership ("Carlson Capital"), (v) Asgard Investment Corp., a Delaware
corporation and the general partner of Carlson Capital, ("Asgard"), (vi) Mr.
Clint D. Carlson, President of Asgard and Chief Executive Officer of Carlson
Capital (collectively, the "Carlson Reporting Persons") and (vii) Steven J.
Pully, an employee of Carlson Capital and member of the Issuer's Board of
Directors (together with the Carlson Reporting Persons, the "Reporting
Persons"). The name, citizenship, present principal occupation or employment and
business address of each director and executive officer of Asgard are set forth
in Appendix B attached hereto.
(b) The principal business address of each Reporting Person is 2100
McKinney Avenue, Suite 1600, Dallas, TX.
(c) The principal business of the Funds is to invest in securities.
The principal business of Carlson Capital is serving as the investment manager
to the Funds and to a managed account (the "Account"). The principal business of
Asgard is serving as the general partner of Carlson Capital. The principal
business of Mr. Clint D. Carlson is serving as President of Asgard and Chief
Executive Officer of Carlson Capital and the principal business of Mr. Pully is
serving as an employee of Carlson Capital.
(d) None of the Reporting Persons or persons listed on Appendix B has,
during the last five years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) None of the Reporting Persons or persons listed on Appendix B has,
during the last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
(f) Mr. Carlson and Mr. Pully are citizens of the United States.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 is amended and restated in the entirety as follows:
The funds previously reported in Item 3 were those used with respect
to the shares of common stock that were converted into shares of Common Stock
as described in Item 4 below. The remaining portion of Common Stock held by
the Carlson Reporting Persons was acquired pursuant to the conversion of the
Carlson Reporting Persons' investment in the 9.75% Senior Unsecured Notes
due 2014,
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 10 OF 13 PAGES
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as described in Item 4 below. Such notes were originally acquired at an
aggregate purchase price of approximately $30,481,125 through open market
transactions with the relevant funds' working capital. Mr. Pully's shares were
granted to him in his role as a member of the Issuer's Board of Directors.
ITEM 4. PURPOSE OF THE TRANSACTION
Item 4 of the Schedule 13D is hereby amended by the addition of the following:
On September 21, 2009 (the "Effective Date"), the Issuer consummated
the transactions contemplated by its modified second amended joint plan of
reorganization (the "Plan"), which provided for (a) the holders of the Issuer's
9.75% Senior Unsecured Notes due 2014, Senior Floating Notes due 2013 and 8.75%
Senior Notes due 2010 to receive, in exchange for their total claim (including
principal and interest), their pro rata share of 95% of the Common Stock to be
issued pursuant to the Plan and (b) the holders of old common stock interests,
par value $0.01 per share, to receive, in exchange for their total claim, their
pro rata share of 5% of the Common Stock. As a result, the Carlson Reporting
Persons' 2,994,968 shares of Common Stock and their investment in the Issuer's
9.75% Senior Unsecured Notes due 2014 were automatically converted to the number
of Common Stock shares disclosed on the cover pages hereto, as described herein.
The Form 4 filed by Steven J. Pully on September 23, 2009 indicates that the
6,819 (which included 819 phantom shares) shares of Common Stock and 293.6863
Phantom Stock units held by Mr. Pully were similarly converted.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Paragraphs (a) through (c) of Item 5 of the Schedule 13D are hereby amended and
restated as follows:
(a) As of the close of business on September 24, 2009, the Carlson
Reporting Persons beneficially owned an aggregate of 4,038,221 shares of Common
Stock, constituting approximately 10.1% of the shares of Common Stock
outstanding. As of the close of business on September 24, 2009, Steven J. Pully
beneficially owned 438 shares of Common Stock, including 69 Phantom Stock
shares, convertible on a 1 for 1 basis, to be settled upon his retirement from
the Board of Directors. The Reporting Persons may be deemed to be a "group,"
which "group" may be deemed to beneficially own an aggregate of 4,038,659 shares
of Common Stock, representing approximately 10.1% of the outstanding shares of
Common Stock. However, the Carlson Reporting Persons expressly disclaim
beneficial ownership of the shares of Common Stock beneficially owned by Mr.
Pully, and Mr. Pully expressly disclaims beneficial ownership of the shares of
Common Stock owned by the Carlson Reporting Persons. The filing of this
statement on Schedule 13D and any future amendments hereto, and the inclusion of
information herein and therein, shall not be construed as an admission that any
of the Reporting Persons, for the purpose of Section 13(d) of the Act or
otherwise, is the beneficial owner of any shares of Common Stock which such
person does not own.
The percentages used herein are based upon the 40,000,000 shares of
Common Stock reported by the Issuer to be outstanding as of September 24, 2009.
(b) Carlson Capital, Asgard and Mr. Carlson have the power to vote and
direct the disposition of (i) the 204,841 shares reported herein as owned by
Offshore Ltd., (ii) the 3,783,052 shares reported herein as owned by Double
Offshore Ltd., (iii) the 40,891 shares reported herein as owned by Relative
Value Offshore Ltd., and (iv) an additional 9,437 shares held in the Account.
Mr. Pully has the power to vote and direct the disposition of 369 shares of
Common Stock owned by him individually; the remainder of Mr. Pully's shares are
Phantom Stock shares not yet settled.
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 11 OF 13 PAGES
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(c) Other than the conversion described above in Item 4, there have
been no transactions in the shares of Common Stock by the Reporting Persons
during the past sixty days.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO THE SECURITIES OF THE ISSUER
Item 6 of the Schedule 13D is hereby amended and restated in the entirety as
follows:
Except as otherwise set forth in this Item 6, the Reporting Persons do
not have any contract, arrangement, understanding or relationship with any
person with respect to the securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1: Joint Filing Agreement by and among the Carlson Reporting Persons
(previously filed)
Exhibit 2: Letter Agreement by and among the Carlson Reporting Persons, the
Nominees and the Issuer, dated as of April 1, 2008 (previously filed)
Exhibit 3: Press Release dated April 1, 2008 (previously filed)
Exhibit 4: Amended and Restated Joint Filing Agreement by and among the
Reporting Persons
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 12 OF 13 PAGES
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
DATED: September 25, 2009
BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
DOUBLE BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
BLACK DIAMOND RELATIVE VALUE OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
CARLSON CAPITAL, L.P.
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
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CUSIP NO. 29270U303 SCHEDULE 13D/A PAGE 13 OF 13 PAGES
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ASGARD INVESTMENT CORP.
By: /s/ Clint D. Carlson
-----------------------------------
Name: Clint D. Carlson
Title: President
/s/ Clint D. Carlson
------------------------------------------
Clint D. Carlson
/s/ Steven J. Pully
------------------------------------------
Steven J. Pully
EXHIBIT 4
AMENDED AND RESTATED JOINT FILING AGREEMENT
The Joint Filing Agreement previously entered into by the Carlson Reporting
Persons is amended and restated in the entirety as set forth herein. The
undersigned acknowledge and agree that the foregoing statement on Schedule 13D
is filed on behalf of each of the undersigned and that all subsequent amendments
to this statement on Schedule 13D may 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 herein and therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
Dated: September 25, 2009
BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
DOUBLE BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
BLACK DIAMOND RELATIVE VALUE OFFSHORE LTD.
By: Carlson Capital, L.P., its investment
manager
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
CARLSON CAPITAL, L.P.
By: Asgard Investment Corp., its general
partner
By: /s/ Clint D. Carlson
------------------------------
Name: Clint D. Carlson
Title: President
ASGARD INVESTMENT CORP.
By: /s/ Clint D. Carlson
-----------------------------------
Name: Clint D. Carlson
Title: President
/s/ Clint D. Carlson
------------------------------------------
Clint D. Carlson
/s/ Steven J. Pully
------------------------------------------
Steven J. Pully
APPENDIX B
DIRECTORS AND EXECUTIVE OFFICERS OF ASGARD
The following sets forth the name, position, and principal occupation of each
director and executive officer of Asgard Investment Corp. Except as otherwise
indicated, the business address of each director and officer is 2100 McKinney
Avenue, Suite 16, Dallas, TX. To the best of the Reporting Persons' knowledge,
except as set forth in this Schedule 13D, none of the directors or executive
officers of Asgard Investment Corp. owns any Shares.
Asgard Investment Corp.
Name Position Principal Occupation Citizenship
Clint Carlson Director/President Investment Manager United States
Nancy Carlson Secretary/Treasurer Executive United States