UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
RULE 13d-101
Information to be Included in Statements Filed Pursuant to
Rule 13d-1(a)
and Amendments Thereto Filed Pursuant to
Rule 13d-2(a)
AMENDMENT NO. 2
AMERICAN RESOURCES OFFSHORE, INC.
(Name of Issuer)
Common Stock, par value $0.00001 per share
(Title of Class of Securities)
029280104
(CUSIP Number)
Nick D. Nicholas
Porter & Hedges, L.L.P.
700 Louisiana, Suite 3500
Houston, Texas 77002-2764
(713) 226-0600
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
August 30, 2001
(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 Rule 13d-1(b)(3) or (4), 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(b)
for other parties to whom copies are to be sent.
PAGE 1 OF 8
SCHEDULE 13D
-------------------
CUSIP NO. 029280104
-------------------
----------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BLUE DOLPHIN EXPLORATION COMPANY
----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) / /
Inapplicable (b) / /
----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
WC; AF; OO
----------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / /
----------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------------------------------------------------------------------------------------
NUMBER OF SHARES
BENEFICIALLY OWNED 7 SOLE VOTING POWER
BY EACH REPORTING 39,509,457
PERSON WITH
----------------------------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,509,457
----------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES * / /
----------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.04%
----------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
CO
----------------------------------------------------------------------------------------------------------------
PAGE 2 OF 8
SCHEDULE 13D
-------------------
CUSIP NO. 029280104
-------------------
----------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BLUE DOLPHIN ENERGY COMPANY
----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) / /
Inapplicable (b) / /
----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
WC; AF; OO
----------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / /
----------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------------------------------------------------------------------------------------
NUMBER OF SHARES
BENEFICIALLY OWNED 7 SOLE VOTING POWER
BY EACH REPORTING 39,509,457
PERSON WITH
----------------------------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
39,509,457
----------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,509,457
----------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES * / /
----------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.04%
----------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
CO
----------------------------------------------------------------------------------------------------------------
PAGE 3 OF 8
THIS AMENDMENT NO. 2 TO THE SCHEDULE 13D RELATING TO THE COMMON STOCK, PAR
VALUE $0.00001 PER SHARE, OF AMERICAN RESOURCES OFFSHORE, INC. IS BEING FILED
BY BLUE DOLPHIN ENERGY COMPANY AND BLUE DOLPHIN EXPLORATION COMPANY PURSUANT
TO RULE 13D-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, TO REFLECT
A CHANGE IN THE INFORMATION PREVIOUSLY REPORTED UNDER ITEMS 3, 4 AND 6 OF THE
SCHEDULE 13D ORIGINALLY FILED ON OCTOBER 22, 1999, AS AMENDED BY AMENDMENT
NO. 1, FILED ON DECEMBER 2, 1999.
ITEM 1. SECURITY AND ISSUER.
Title of Security: common stock, par value $0.00001 per share
(the "Common Stock")
Name and Address of Issuer's American Resources Offshore, Inc.
Principal Executive Offices: 801 Travis
Suite 2100
Houston, Texas 77002
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is amended and restated as follows:
This Schedule 13D is being filed on behalf of Blue Dolphin Energy Company, a
Delaware corporation ("BDCO"), and its wholly-owned subsidiary Blue Dolphin
Exploration Company, a Delaware corporation ("Investor"). The address of
BDCO's principal business office is 801 Travis, Suite 2100, Houston, Texas
77002. All executive officers and directors of BDCO are citizens of the
United States except for Ivar Siem, who is a citizen of Norway. The name,
business address and present principal occupation of each executive officer
and director is set forth in Schedule A to this Schedule 13D.
BDCO through its subsidiaries, including the Investor, is primarily engaged
in gathering and transportation of natural gas and condensate and in the
acquisition and exploration of oil and gas properties. The Investor's
operations are conducted principally offshore in the Gulf of Mexico and along
the Texas Gulf Coast.
During the last five years, neither BDCO nor (to the knowledge of BDCO) any
executive officer or director of BDCO has been (a) convicted in a criminal
proceeding (excluding traffic violations and similar misdemeanors) or (b) a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree or final order (i)
enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or (ii) finding a violation with
respect to such laws.
PAGE 4 OF 8
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is amended and restated as follows:
Pursuant to the Agreement and Plan of Merger dated as of August 30, 2001
(the "Merger Agreement"), among BDCO, BDCO Merger Sub, Inc., a Delaware
corporation and wholly-owned subsidiary of BDCO (the "Merger Subsidiary"), and
American Resources Offshore, Inc. ("ARO"), BDCO will acquire all outstanding
shares of Common Stock not already beneficially owned by BDCO and all
outstanding shares of ARO's Series 1993 Preferred Stock, par value $12.00 per
share (the "Preferred Stock") in exchange for approximately 327,000 shares of
BDCO's common stock, par value $0.01 per share (the "BDCO Common Stock"). See
Item 4 below.
ITEM 4. PURPOSE OF THE TRANSACTION.
Item 4 is amended and restated as follows:
On August 31, 2001, BDCO, ARO and the Merger Subsidiary announced that
they entered into the Merger Agreement, pursuant to which the Merger
Subsidiary will merge with and into ARO and all outstanding shares of Common
Stock, other than those beneficially owned by BDCO, and Preferred Stock will
be converted into the right to receive 0.0276 and 0.0301 shares of BDCO
Common Stock, respectively.
If the merger is consummated, ARO will be a wholly owned subsidiary of
BDCO. The merger is subject to customary closing conditions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The Investor owns 39,509,457 shares of Common Stock beneficially and of
record. The shares of Common Stock owned by the Investor represents
approximately 77% of the outstanding shares of Common Stock and total voting
power of ARO's outstanding capital stock. Because Investor is a wholly-owned
subsidiary of BDCO, BDCO is the indirect beneficial owner of the shares of
Common Stock owned by the Investor.
ITEM 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of ARO.
Item 6 is hereby amended and restated in its entirety as follows:
As set forth in Item 4 hereof, BDCO has announced that it, the Merger
Subsidiary and ARO have entered into the Merger Agreement pursuant to which
the Merger Subsidiary would be merged with and into ARO.
PAGE 5 OF 8
ITEM 7. Material to Be Filed as Exhibits.
EXHIBIT NO. DESCRIPTION OF EXHIBIT
----------- ----------------------
7.1* Investment Agreement by and between American Resources Offshore, Inc.
and Blue Dolphin Exploration Company
7.2* Purchase and Sale Agreement by and between American Resources Offshore,
Inc. and Fidelity Oil Holdings, Inc.
7.3* Participation Agreement
7.4* Voting and Support Agreement and Irrevocable, general form
7.5* Voting and Support Agreement and Irrevocable Proxy executed by DnB
Energy Assets
7.6 Agreement and Plan of Merger among Blue Dolphin Energy Company,
BDCO Merger Sub, Inc. and American Resources Offshore, Inc., dated as of
August 30, 2001 (incorporated by reference from Exhibit 2.1 to the Current
Report on Form 8-K of Blue Dolphin Energy Company dated August 31, 2001).
---------------------
* Previously Filed.
[SIGNATURE PAGE FOLLOWS]
PAGE 6 OF 8
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: August 31, 2001
BLUE DOLPHIN ENERGY COMPANY
By: /s/ G. Brian Lloyd
---------------------------------------
G. Brian Lloyd
Vice President and Treasurer
BLUE DOLPHIN EXPLORATION COMPANY
By: /s/ John P. Atwood
---------------------------------------
John P. Atwood
Vice President Business Development
PAGE 7 OF 8
SCHEDULE A
DIRECTORS AND EXECUTIVE OFFICERS OF BLUE DOLPHIN ENERGY COMPANY
The name, business address, title, present principal occupation or
employment of each of the directors and executive officers of Blue Dolphin
Energy Company ("Blue Dolphin") are set forth below. If no business address
is given the director's or officer's business address is 801 Travis, Suite
2100, Houston, Texas, 77002.
NAME AND BUSINESS ADDRESS PRESENT PRINCIPAL OCCUPATION
------------------------- ----------------------------
Directors
Robert L. Barbanell Chairman of the Board of Marine Drilling
Companies, Inc. and President of Robert L.
Barbanell Associates, Inc., a financial
consulting firm
Michael S. Chadwick Senior Vice President & Managing Director
of Sanders, Morris & Harris
Harris A. Kaffie Partner in Kaffie Brothers
Ivar Siem Chairman of the Board of Blue Dolphin
Energy Company
Robert D. Wagner, Jr. Business consultant
Officers
John P. Atwood Vice President, Business Development of Blue
Dolphin
Michael J. Jacobson President and Chief Executive Officer of Blue
Dolphin
Roland B. Keller Executive Vice President, Exploration
Operations of Blue Dolphin
G. Brian Lloyd Vice President, Treasurer and Secretary of
Blue Dolphin
PAGE 8 OF 8