-----------------------------
OMB APPROVAL
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OMB Number: 3235-0145
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Expires: October 31, 2002
Estimated average burden
hours per response: 14.90
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Crown Castle International Corp.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
228227104
--------------------------------------------------------------------------------
(CUSIP Number)
SPO Partners & Co.
591 Redwood Highway, Suite 3215
Mill Valley, California 94941
(415) 383-6600
with a copy to:
Phillip Gordon
Altheimer & Gray
10 South Wacker Drive
Chicago, Illinois 60606
(312) 715-4000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 9, 2002
--------------------------------------------------------------------------------
(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 which 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. |_|
Check the following box if a fee is being paid with the statement. |_|
*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).
CUSIP NO. 228227104 Page 2 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
SPO Partners II, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 13,113,563(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 13,113,563(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
13,113,563(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.0%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------------------------------------------------------------------------
(1) Power is exercised through its sole general partner, SPO Advisory Partners,
L.P.
CUSIP NO. 228227104 Page 3 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
SPO Advisory Partners, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 13,113,563(1)(2)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 13,113,563(1)(2)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
13,113,563(1)(2)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.0%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------------------------------------------------------------------------
(1) Solely in its capacity as the sole general partner of SPO Partners II, L.P.
(2) Power is exercised through its corporate general partner, SPO Advisory
Corp.
CUSIP NO. 228227104 Page 4 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
San Francisco Partners II, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 1,392,700(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,392,700(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,392,700(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.6%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------------------------------------------------------------------------
(1) Power is exercised through its sole general partner, SF Advisory Partners,
L.P.
CUSIP NO. 228227104 Page 5 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
SF Advisory Partners, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f) [_]
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 1,392,700(1)(2)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,392,700(1)(2)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,392,700(1)(2)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.6%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------------------------------------------------------------------------
(1) Solely in its capacity as the sole general partner of San Francisco
Partners II, L.P.
(2) Power is exercised through its corporate general partner, SPO Advisory
Corp.
CUSIP NO. 228227104 Page 6 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
SPO Advisory Corp.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,506,263(1)(2)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
14,506,263(1)(2)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
14,506,263(1)(2)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.6%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
CO
------------------------------------------------------------------------------
(1) Solely in its capacity as the general partner of SPO Advisory Partners,
L.P., with respect to 13,113,563 of such shares; and solely in its capacity
as the general partner of SF Advisory Partnes, L.P. with respect to
1,392,700 of such shares.
(2) Power is exercised through its three controlling persons, John H.Scully,
William E. Oberndorf and William J. Patterson.
CUSIP NO. 228227104 Page 7 of 28
---------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
Cranberry Lake Partners, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f) [_]
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 339,800(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 339,800(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
339,800(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------------------------------------------------------------------------
(1) Power is exercised through its sole general partner, the John and Irene
Scully Trust, dated May 30, 1994, for which John H. Scully and Irene S.
Scully are the trustees.
CUSIP NO. 228227104 Page 8 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
D. L. & W., Inc. Profit Sharing Retirement Plan
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 582,900(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 582,900(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
582,900(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.3%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
CO
------------------------------------------------------------------------------
(1) Power is exercised through its controlling person, John H. Scully.
CUSIP NO. 228227104 Page 9 of 28
--------- ------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
Phoebe Snow Foundation, Inc.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 2,524,200(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 2,524,200(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,524,200(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.1%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
CO
------------------------------------------------------------------------------
(1) Power is exercised through its controlling person and sole director and
executive officer, John H. Scully.
CUSIP NO. 228227104 Page 10 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
John H. Scully
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF and Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 663,100(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 17,953,163(2)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 663,100(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
17,953,163(2)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
18,616,263(1)(2)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
8.4%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------------------------------------------------------------------------
(1) 700 shares held in John H. Scully Individual Retirement Account, a
self-directed individual retirement account and 662,400 shares held in the
John and Irene Scully Living Trust.
(2) Of these, 14,506,263 shares are beneficially owned solely in his capacity
as one of three controlling persons of SPO Advisory Corp., 339,800 shares
are beneficially owned solely in his capacity as trustee for the general
partner of Cranberry Lake Partners, L.P., 582,900 shares are beneficially
owned solely in his capacity as controlling person of D. L. & W., Inc.
Profit Sharing Retirement Plan, and 2,524,200 shares are beneficially owned
solely in his capacity as controlling person of Phoebe Snow Foundation Inc.
CUSIP NO. 228227104 Page 11 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
Oberndorf Foundation
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 400,000(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 400,000(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
400,000(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
CO
------------------------------------------------------------------------------
(1) Power is exercised through its two directors: William E. Oberndorf and
Susan C. Oberndorf.
CUSIP NO. 228227104 Page 12 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
William E. Oberndorf
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF and Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5 [_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 1,575,000(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,906,263(2)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,575,000(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
14,906,263(2)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
16,481,263(1)(2)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------------------------------------------------------------------------
(1) 1,025,000 shares held in William E. Oberndorf's Individual Retirement
Accounts, which are self-directed, 350,000 shares are beneficially owned
solely in his capacity as sole general partner of Oberndorf Family
Partners, a family partnership, 150,000 shares are held in a trust for the
benefit of himself and his wife, Susan C. Oberndorf, for which he serves as
trustee, and 50,000 shares are owned by his children who share his
household.
(2) Of these, 14,506,263 shares are beneficially owned solely in his capacity
as one of three controlling persons of SPO Advisory Corp. and 400,000
shares are beneficially owned solely in his capacity as a controlling
person of Oberndorf Foundation, a family foundation.
CUSIP NO. 228227104 Page 13 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
William J. Patterson
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF and Not Applicable
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 15,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,506,263(1)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 15,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
14,506,263(1)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
14,521,263(1)
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.6%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------------------------------------------------------------------------
(1) These 14,506,263 shares are beneficially owned solely in his capacity as
one of three controlling persons of SPO Advisory Corp.
CUSIP NO. 228227104 Page 14 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
David M. Kashen
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 11,200
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 11,200
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
11,200
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
(less than) 0.1%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------------------------------------------------------------------------
CUSIP NO. 228227104 Page 15 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
Edward H. McDermott
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 5,500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 5,500
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
5,500
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
(less than) 0.1%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------------------------------------------------------------------------
CUSIP NO. 228227104 Page 16 of 28
--------- -------------
------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1
Michael B. Yuen
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
PF
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 65,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 65,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
65,000
------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
(less than) 0.1%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
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CUSIP NO. 228227104 Page 17 of 28
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NAMES OF REPORTING PERSONS
1
Kurt C. Mobley
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4
PF
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) or 2(f)
5
[_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
USA
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SOLE VOTING POWER
7
NUMBER OF 100,000(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
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EACH SOLE DISPOSITIVE POWER
9
REPORTING 100,000(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
100,000(1)
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions) [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
(less than) 0.1%
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TYPE OF REPORTING PERSON (See Instructions)
14
IN
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(1) Includes 20,000 shares beneficially owned solely in his capacity as sole
general partner of Cannonball Creek L.P., a family partnership.
This Amendment No. 1 amends the Schedule 13D (the "Original 13D") filed
with the Securities Exchange Commission ("SEC") on August 5, 2002. Unless
otherwise stated herein, the Original 13D remains in full force and effect.
Terms used herein and not defined herein shall have the meanings ascribed
thereto in the Original 13D
Item 3. Source and Amount of Funds or Other Consideration.
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Item 3 is hereby amended and restated in its entirety as follows:
The source and amount of the funds used or to be used by the Reporting
Persons to purchase Shares are as follows:
Name Source of Funds Amount of Funds
---- ------------------- ---------------
SPO Working Capital (1) $49,831,436.77
SPO Advisory Partners Not Applicable Not Applicable
SFP Working Capital (1) $ 6,511,480.37
SPO Advisory Partners Not Applicable Not Applicable
SPO Advisory Corp. Not Applicable Not Applicable
CLP Working Capital (1) $ 4,450,959.08
DLW Working Capital (1) $ 2,010,053.02
PS Foundation Working Capital (1) $ 9,527,534.48
JHS Personal Funds (2) $ 8,723,856.18
O Foundation Working Capital (1) $ 1,760,375.00
WEO Personal Funds (2) $ 6,337,192.50
WJP Personal Funds (2) $ 58,140.00
DMK Personal Funds (2) $ 42,872.50
EHM Personal Funds (2) $ 30,104.80
MBY Personal Funds (2) $ 191,130.00
KCM Personal Funds (2) $ 225,640.00
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(1) As used herein, the term "Working Capital" includes income from the
business operations of the entity plus sums borrowed from banks and brokerage
firm margin accounts to operate such business in general. None of the funds
reported herein as "Working Capital" were borrowed or otherwise obtained for the
specific purpose of acquiring, handling, trading or voting the Shares.
(2) As used herein, the term "Personal Funds" includes sums borrowed from
banks and brokerage firm margin accounts, none of which were borrowed or
otherwise obtained for the specific purpose of acquiring, handling, trading or
voting the Shares.
Item 4. Purpose of Transaction.
----------------------
Item 4 is hereby amended and restated in its entirety as follows:
The Reporting Persons have acquired the Shares reported herein for
investment purposes. Consistent with such purpose, the Reporting Persons have
had, and may have in the future, discussions with management of the Issuer and
may make suggestions concerning the Issuer's operations, prospects, business and
financial strategies, assets and liabilities, business and financing
alternatives and such other matters as the Reporting Persons may deem relevant
to their investments in the Shares. Each Reporting Person expects that it will,
from time to time, review its investment position in the Issuer and may,
depending on market and other conditions, increase or decrease its investment
position.
Whether the Reporting Persons purchase any additional Shares or dispose of
any Shares, and the amount and timing of any such transactions, will depend upon
the Reporting Persons' individual continuing assessments of pertinent factors,
including the availability of Shares for purchase at particular price levels,
the Issuer's and the particular Reporting Person's business and prospects, other
business investment opportunities available to the particular Reporting Person,
economic conditions, stock market conditions, money market conditions, the
attitudes and actions of the Board of Directors and management of the Issuer,
the availability and nature of opportunities to dispose of the particular
Reporting Person's interest in the Issuer and other plans and requirements of
the particular Reporting Person. Depending upon his individual assessments of
these factors from time to time, each Reporting Person may change his present
intentions as stated above, including determining to acquire additional Shares
(by means of open market or privately negotiated purchases) or to dispose of
some or all of the Shares held by him or under his control.
Certain of the Reporting Persons are also in the private equity business
and have mentioned, or may mention in the future, to the management of Issuer,
as such Reporting Persons mention to the management of many of the companies in
their portfolio, the fact that the Reporting Persons might be interested in a
joint venture or financing arrangement with the Issuer if an appropriate
opportunity mutually acceptable to both parties should arise.
Except as set forth in this Item 4, the Reporting Persons have no present
plans or proposals that relate to or that would result in any of the actions
specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Act.
Item 5. Interest in Securities of the Issuer.
------------------------------------
Item 5 is hereby amended and restated in its entirety as follows:
(a) Percentage interest calculations for each Reporting Person are based upon
the Issuer having 220,388,579 total outstanding shares of common stock as of May
1, 2002, as reported on the Issuer's 10-Q filed with the Securities Exchange
Commission on May 14, 2002.
SPO
---
The aggregate number of Shares that SPO owns beneficially, pursuant to Rule
13d-3 of the Act, is 13,113,563 Shares, which constitutes approximately 6.0% of
the outstanding Shares.
SPO Advisory Partners
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Because of its position as the sole general partner of SPO, SPO Advisory
Partners may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial
owner of 13,113,563 Shares, which constitutes approximately 6.0% of the
outstanding Shares.
SFP
---
The aggregate number of Shares that SFP owns beneficially, pursuant to Rule
13d-3 of the Act, is 1,392,700 Shares, which constitutes approximately 0.6% of
the outstanding Shares.
SF Advisory Partners
--------------------
Because of its position as the sole general partner of SFP, SF Advisory
Partners may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial
owner of 1,392,700 Shares, which constitutes approximately 0.6% of the
outstanding Shares.
SPO Advisory Corp.
-----------------
Because of its positions as the general partner of each of SPO Advisory
Partners, and SF Advisory Partners, SPO Advisory Corp. may, pursuant to Rule
13d-3 of the Act, be deemed to be the beneficial owner of 14,506,263 Shares in
the aggregate, which constitutes approximately 6.6% of the outstanding Shares.
CLP
---
The aggregate number of Shares that CLP owns beneficially, pursuant to Rule
13d-3 of the Act, is 339,800 Shares, which constitutes approximately 0.2% of the
outstanding Shares.
DLW
---
The aggregate number of Shares that DLW owns beneficially, pursuant to Rule
13d-3 of the Act, is 582,900 Shares, which constitutes approximately 0.3% of the
outstanding Shares.
PS Foundation
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The aggregate number of Shares that PS Foundation owns beneficially,
pursuant to Rule 13d-3 of the Act, is 2,524,200 Shares, which constitutes
approximately 1.1% of the outstanding Shares.
JHS
---
Individually, and because of his positions as a control person of SPO
Advisory Corp., CLP, DLW, and PS Foundation, JHS may, pursuant to Rule 13d-3 of
the Act, be deemed to be the beneficial owner of 18,616,263 Shares, which
constitutes approximately 8.4% of the outstanding Shares.
O Foundation
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The aggregate number of Shares that O Foundation owns beneficially,
pursuant to Rule 13d-3 of the Act, is 400,000 Shares, which constitutes
approximately 0.2% of the outstanding Shares.
WEO
---
Individually, and because of his positions as a control person of SPO
Advisory Corp., Oberndorf Family Partners and O Foundation, WEO may, pursuant to
Rule 13d-3 of the Act, be deemed to be the beneficial owner of 16,481,263 Shares
in the aggregate, which constitutes approximately 7.5% of the outstanding
Shares.
WJP
---
Individually, and because of his position as a control person of SPO
Advisory Corp., WJP may, pursuant to Rule 13d-3 of the Act, be deemed to be the
beneficial owner of 14,521,263 Shares in the aggregate, which constitutes
approximately 6.6% of the outstanding Shares.
DMK
---
The aggregate number of Shares that DMK owns beneficially, pursuant to Rule
13d-3 of the Act, is 11,200 Shares, which constitutes less than 0.1% of the
outstanding Shares.
EHM
---
The aggregate number of shares that EHM owns beneficially, pursuant to Rule
13d-3 of the Act, is 5,500 Shares, which constitutes less than 0.1% of the
outstanding Shares.
MBY
---
The aggregate number of shares that MBY owns beneficially, pursuant to Rule
13d-3 of the Act, is 65,000 Shares, which constitutes less than 0.1% of the
outstanding Shares.
KCM
---
Individually, and because of his position as a control person of Cannonball
Creek L.P., KCM may, pursuant to Rule 13d-3 of the Act, be deemed to be the
beneficial owner of 100,000 Shares, which constitutes less than 0.1% of the
outstanding Shares.
To the best of the knowledge of each of the Reporting Persons, other than
as set forth above, none of the persons named in Item 2 hereof is the beneficial
owner of any Shares.
(b)
SPO
---
Acting through its sole general partner, SPO has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 13,113,563
Shares.
SPO Advisory Partners
---------------------
Acting through its general partner and in its capacity as the sole general
partner of SPO, SPO Advisory Partners has the sole power to vote or to direct
the vote and to dispose or to direct the disposition of 13,113,563 Shares.
SFP
---
Acting through its sole general partner, SFP has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 1,392,700
Shares.
SF Advisory Partners
--------------------
Acting through its general partner and in its capacity as the sole general
partner of SFP, SF Advisory Partners has the sole power to vote or to direct the
vote and to dispose or to direct the disposition of 1,392,700 Shares.
SPO Advisory Corp.
-----------------
Acting through its controlling persons and in its capacities as the general
partner of each of SPO Advisory Partners and SF Advisory Partners, SPO Advisory
Corp. has the sole power to vote or to direct the vote and to dispose or to
direct the disposition of 14,506,263 Shares in the aggregate.
CLP
---
Acting through its sole general partner, CLP has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 339,800
Shares.
DLW
---
Acting through its controlling person, DLW has the sole power to vote or to
direct the vote and to dispose or to direct the disposition of 582,900 Shares.
PS Foundation
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Acting through its controlling person, PS Foundation has the sole power to
vote or to direct the vote and to dispose or to direct the disposition of
2,524,200 Shares.
JHS
---
As one of three controlling persons of SPO Advisory Corp., which is the
general partner of each of SPO Advisory Partners and SF Advisory Partners, JHS
may be deemed to have shared power with WEO and WJP to vote or to direct the
vote and to dispose or to direct the disposition of 14,506,263 Shares held by
SPO and SFP in the aggregate. Because of his positions as a control person of
CLP, DLW, and PS Foundation, JHS may be deemed to have shared power to vote or
to direct the vote and to dispose or to direct the disposition of 3,446,900
Shares held by CLP, DLW, and PS Foundation in the aggregate. JHS has the sole
power to vote or to direct the vote and to dispose or to direct the disposition
of 663,100 Shares.
O Foundation
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Acting through its controlling person, O Foundation has the sole power to
vote or to direct the vote and to dispose or to direct the disposition of
400,000 Shares.
WEO
---
Individually, and because of his position as the sole general partner of
Oberndorf Family Partners, a family partnership, WEO has the sole power to vote
or to direct the vote and to dispose or to direct the disposition of 1,575,000
Shares. As one of three controlling persons of SPO Advisory Corp., which is the
general partner of each of SPO Advisory Partners and SF Advisory Partners, WEO
may be deemed to have shared power with JHS and WJP to vote or to direct the
vote and to dispose or to direct the disposition of 14,506,263 Shares held by
SPO and SFP in the aggregate. As the controlling person of O Foundation, WEO may
be deemed to have shared power to vote or to direct the vote and to dispose or
to direct the disposition of 400,000 Shares.
WJP
---
Individually, WJP has the sole power to vote or to direct the vote and to
dispose or to direct the disposition of 15,000 Shares. As one of three
controlling persons of SPO Advisory Corp., which is the general partner of each
of SPO Advisory Partners and SF Advisory Partners, WJP may be deemed to have
shared power with JHS and WEO to vote or to direct the vote and to dispose or to
direct the disposition of 14,506,263 Shares held by SPO and SFP in the
aggregate.
DMK
---
DMK has the sole power to vote or to direct the vote and to dispose or to
direct the disposition of 11,200 Shares.
EHM
---
EHM has the sole power to vote or to direct the vote and to dispose or to
direct the disposition of 5,500 Shares.
MBY
---
MBY has the sole power to vote or to direct the vote and to dispose or to
direct the disposition of 65,000 Shares.
KCM
---
Individually, and because of his position as the sole general partner of
Cannonball Creek, L.P., a family partnership, KCM has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 100,000
Shares.
(c) During the past sixty (60) days, the Reporting Persons purchased Shares
in open market transactions on the New York Stock Exchange ("NYSE") as set forth
on Schedule I attached hereto.
Except as set forth in this paragraph (c), to the best of the knowledge of
each of the Reporting Persons, none of the persons named in response to
paragraph (a) has effected any transactions in Shares during the past sixty (60)
days.
(d) Each of the Reporting Persons affirms that no person other than such
Reporting Person has the right to receive or the power to direct the receipt of
distributions with respect to, or the proceeds from the sale of, the Shares
owned by such Reporting Person.
(e) It is inapplicable for the purposes herein to state the date on which
the Reporting Persons ceased to be the owners of more than five percent (5%) of
the outstanding Shares.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit A - Agreement pursuant to Rule 13d-1(f)(1)(iii)
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: August 13, 2002
/s/ Phillip Gordon
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Phillip Gordon
Attorney-in-Fact for:
SPO PARTNERS II, L.P. *
SPO ADVISORY PARTNERS, L.P. *
SAN FRANCISCO PARTNERS II, L.P. *
SF ADVISORY PARTNERS, L.P. *
SPO ADVISORY CORP. *
CRANBERRY LAKE PARTNERS, L.P. *
D. L. & W., INC. PROFIT SHARING RETIREMENT PLAN *
PHOEBE SNOW FOUNDATION, INC. *
JOHN H. SCULLY *
OBERNDORF FOUNDATION *
WILLIAM E. OBERNDORF *
WILLIAM J. PATTERSON *
DAVID M. KASHEN *
EDWARD H. MCDERMOTT *
MICHAEL B. YUEN *
KURT C. MOBLEY *
* A Power of Attorney authorizing Phillip Gordon
to act on behalf of this person or entity has
been previously filed with the Securities and
Exchange Commission.
SCHEDULE I TO
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SCHEDULE 13D FOR
SPO PARTNERS II, L.P.
Date of Number of Price Per Where/How
Reporting Person Transaction Type Shares Share ($) Transaction Effected
---------------- ----------- ---- ------ --------- --------------------
SPO Partners II, L.P. 08/09/2002 Buy 5,640,000 1.20 Open Market/Broker
08/12/2002 Buy 2,350,000 1.02 Open Market/Broker
San Francisco
Partners II, L.P. 08/09/2002 Buy 360,000 1.20 Open Market/Broker
08/12/2002 Buy 150,000 1.02 Open Market/Broker
Phoebe Snow
Foundation 07/24/2002 Buy 1,000,000 2.68 Open Market/Broker
07/25/2002 Buy 1,000,000 2.43 Open Market/Broker
D.L.&W., Inc. Profit
Sharing Retirement
Plan 07/24/2002 Buy 500,000 2.68 Open Market/Broker
Oberndorf
Foundation 06/21/2002 Buy 125,000 4.28 Open Market/Broker
06/28/2002 Buy 100,000 4.03 Open Market/Broker
William E.
Oberndorf 06/17/2002 Buy 30,000 4.23 Open Market/Broker
06/17/2002 Buy 20,000 4.23 Open Market/Broker
06/21/2002 Buy 75,000 4.18 Open Market/Broker
06/27/2002 Buy 350,000 4.03 Open Market/Broker
06/27/2002 Buy 300,000 4.05 Open Market/Broker
06/27/2002 Buy 600,000 4.13 Open Market/Broker
08/05/2002 Buy 75,000 2.12 Open Market/Broker
William J. Patterson 06/17/2002 Buy 4,000 4.22 Open Market/Broker
07/03/2002 Buy 11,000 3.75 Open Market/Broker
David M. Kashen 07/02/2002 Buy 1,000 3.23 Open Market/Broker
08/05/2002 Buy 500 2.12 Open Market/Broker
08/07/2002 Buy 5,000 2.04 Open Market/Broker
Date of Number of Price Per Where/How
Reporting Person Transaction Type Shares Share ($) Transaction Effected
---------------- ----------- ---- ------ --------- --------
Edward H.
McDermott 06/19/2002 Buy 3,300 4.13 Open Market/Broker
06/20/2002 Buy 700 4.09 Open Market/Broker
Michael B. Yuen 07/02/2002 Buy 15,000 3.18 Open Market/Broker
07/26/2002 Buy 15,000 2.45 Open Market/Broker
07/31/2002 Buy 20,000 2.35 Open Market/Broker
Kurt C. Mobley 08/02/2002 Buy 50,000 2.25 Open Market/Broker
08/02/2002 Buy 30,000 2.25 Open Market/Broker
08/02/2002 Buy 20,000 2.25 Open Market/Broker
Cranberry Lake
Partners, L.P. 06/25/2002 Sell 217,000 4.10 Open Market/Broker
06/26/2002 Sell 50,000 3.94 Open Market/Broker
07/11/2002 Sell 13,600 3.38 Open Market/Broker
07/12/2002 Sell 83,600 3.47 Open Market/Broker
07/15/2002 Sell 26,400 3.16 Open Market/Broker
07/16/2002 Sell 83,500 3.79 Open Market/Broker
John H. Scully 06/25/2002 Sell 433,000 4.10 Open Market/Broker
06/26/2002 Sell 100,000 3.94 Open Market/Broker
07/11/2002 Sell 26,400 3.38 Open Market/Broker
07/12/2002 Sell 162,300 3.47 Open Market/Broker
07/15/2002 Sell 51,200 3.16 Open Market/Broker
07/16/2002 Sell 162,200 3.79 Open Market/Broker
EXHIBIT INDEX
Exhibit Document Description Page No.
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A Agreement Pursuant to Rule 13d-1(f)(1)(iii) 1
Exhibit A
Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General Rules
and Regulations of the Securities and Exchange Commission under the Securities
Exchange Act of 1934, as amended, the undersigned agrees that the statement to
which this Exhibit is attached is filed on behalf of each of them in the
capacities set forth below.
DATED: August 13, 2002
/s/ Phillip Gordon
--------------------
Phillip Gordon
Attorney-in-Fact for:
SPO PARTNERS II, L.P. *
SPO ADVISORY PARTNERS, L.P. *
SAN FRANCISCO PARTNERS II, L.P. *
SF ADVISORY PARTNERS, L.P. *
SPO ADVISORY CORP. *
CRANBERRY LAKE PARTNERS, L.P. *
D. L. & W., INC. PROFIT SHARING RETIREMENT PLAN *
PHOEBE SNOW FOUNDATION, INC. *
JOHN H. SCULLY *
OBERNDORF FOUNDATION *
WILLIAM E. OBERNDORF *
WILLIAM J. PATTERSON *
DAVID M. KASHEN *
EDWARD H. MCDERMOTT *
MICHAEL B. YUEN *
KURT C. MOBLEY *
* A Power of Attorney authorizing Phillip Gordon to act on
behalf of this person or entity has been previously filed
with the Securities and Exchange Commission.
Exhibits: Page 1