View:
SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7) McFarland Energy, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 580432102 -------------------------------------------------------- (CUSIP Number) Michael S. Paquette Vice President and Controller Fund American Enterprises Holdings, Inc. 80 South Main Street Hanover, New Hampshire 03755 (603) 643-1567 -------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 21, 1997 -------------------------------------------------------- (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 . Check the following box if a fee is being paid with this statement . (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class. See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. CUSIP NO. 580432102 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises Holdings, Inc. 94-2708455 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) of a Group (See Instructions) ---------- (b) ---------- - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check 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 (7) SOLE VOTING POWER Beneficially Owned 0 by Each Reporting (8) SHARED VOTING POWER Person With 0 (9) SOLE DISPOSITIVE POWER 0 (10) SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- (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% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) HC, CO - -------------------------------------------------------------------------------- 2 of 8 CUSIP NO. 580432102 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises, Inc. 51-0328932 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) of a Group (See Instructions) ---------- (b) ---------- - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check 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 (7) SOLE VOTING POWER Beneficially Owned 0 by Each Reporting (8) SHARED VOTING POWER Person With 0 (9) SOLE DISPOSITIVE POWER 0 (10) SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- (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% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 3 of 8 CUSIP NO. 580432102 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person White Mountains Holdings, Inc. 02-0477315 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) of a Group (See Instructions) ---------- (b) ---------- - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check 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 (7) SOLE VOTING POWER Beneficially Owned 0 by Each Reporting (8) SHARED VOTING POWER Person With 0 (9) SOLE DISPOSITIVE POWER 0 (10) SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- (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% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) HC, CO - -------------------------------------------------------------------------------- 4 of 8 ONLY ITEMS REPORTED IN THIS AMENDMENT NO. 7 TO SCHEDULE 13D ARE AMENDED FROM THE FILINGS ON SCHEDULE 13D PREVIOUSLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. ALL OTHER ITEMS REMAIN UNCHANGED. UNLESS OTHERWISE SPECIFIED, ALL DEFINED TERMS USED HEREIN HAVE THE MEANING PREVIOUSLY ASCRIBED TO THEM IN THE SCHEDULE 13D. Item 4. PURPOSE OF TRANSACTION. (a) Sales by FAEH, FAE, WMH and certain of WMH's direct and indirect wholly owned subsidiaries outlined in Schedule II, attached hereto, and incorporated herein by reference, were made pursuant to a Schedule 14D-9 public tender offer dated June 23, 1997 by Monterey Acquisition Corporation (the "Offer") for 100% of the outstanding Shares of McFarland Energy, Inc. The Offer was unanimously approved by the Board of Directors of McFarland Energy, Inc. Item 5. INTEREST IN SECURITIES OF THE ISSUER. (a) FAEH owns 0 Shares directly and 0 Shares indirectly through FAE and 0 Shares indirectly through WMH and certain of WMH's direct and indirect wholly owned subsidiaries. The aggregate number of Shares and the corresponding percentage of the outstanding Shares such number represents is as follows: Percentage of Shares Shares Beneficially Beneficially Person Owned Owned ------ ------------ ------------- FAEH 0 0% FAE 0 0% WMH * 0 0% * WMH and certain of its direct and indirect wholly owned subsidiaries. 5 of 8 (b) Not applicable. (c) Schedule II, attached hereto, describes all transactions by FAEH, FAE, WMH and certain of WMH's direct and indirect wholly owned subsidiaries, and to the best knowledge of FAEH, FAE and WMH, any of the persons listed on Schedule I, attached hereto, in Shares effected during the past 60 days. (d) Not applicable. (e) As of July 21, 1997 FAEH, FAE, WMH and certain of WMH's direct and indirect wholly owned subsidiaries ceased to be the beneficial owners of more than five percent of the outstanding Shares of McFarland Energy, Inc. 6 of 8 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: August 4, 1997 FUND AMERICAN ENTERPRISES HOLDINGS, INC. BY: ------------------------------------ Name: Michael S. Paquette Title: Vice President and Controller FUND AMERICAN ENTERPRISES, INC. BY: ------------------------------------ Name: Robert E. Snyder Title: Secretary and Controller WHITE MOUNTAINS HOLDINGS, INC. BY: ------------------------------------ Name: Michael S. Paquette Title: Vice President and Controller 7 of 8 SCHEDULE II TO SCHEDULE 13D Sales of Shares of Common Stock of McFarland Energy, Inc. by the Reporting Persons and by persons listed in Schedule I, within the last 60 days. Sold by Date Number Sold Unit Price ------- ---- ----------- ---------- FAEH 07/21/97 53,846 $18.55 FAE 07/21/97 169,231 $18.55 WMH* 07/21/97 76,923 $18.55 * WMH and certain of its direct and indirect wholly owned subsidiaries. 8 of 8