SC 13D 1 a2058477zsc13d.txt SCHEDULE 13D Securities and Exchange Commission Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 OCEANIC EXPLORATION COMPANY (Name of Issuer) Common Stock, $.0625 par value (Title of Class of Securities) 675239107 (CUSIP Number) John E. Jones Cordillera Corporation 7800 E. Dorado Place Englewood, CO 80111 (303) 779-8811 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 20, 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 that is the subject of this Schedule 13D, and is filing this schedule because Sections 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 240.13d-7 for other parties to whom copies are to be sent. * 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 this section of the Act but shall be subject to all other provision of the Act (however, see the Notes). CUSIP NUMBER: 675239107 PAGE 2 of 11 PAGES -------------------------------------------------------------------------------- 1) Names of Reporting Persons; I.R.S. Identification (entities only) Cordillera Corporation -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (see Instructions) (a) N/A (b) N/A -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Source of Funds (see Instructions) WC(1) -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) N/A -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization UT -------------------------------------------------------------------------------- Number of Shares 7) Sole Voting Power 545,800 -------------------------------------------------- Beneficially Owned 8) Shared Voting Power 0 -------------------------------------------------- by Each Reporting 9) Sole Dispositive Power 545,800 -------------------------------------------------- Person With: 10) Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 545,800 -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Share N/A (See Instructions) -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.50% -------------------------------------------------------------------------------- 14) Type of Reporting Persons (See Instructions) CO -------------------------------------------------------------------------------- -------------- (1) Funds provided from working capital including an existing note receivable used as partial payment for the stock. CUSIP NUMBER: 675239107 PAGE 3 of 11 PAGES -------------------------------------------------------------------------------- 1) Names of Reporting Persons; I.R.S. Identification (entities only) Tenaya Corporation -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) 1) N/A 2) N/A -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A(1) -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) N/A -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DE -------------------------------------------------------------------------------- Number of Shares 7) Sole Voting Power 545,800 -------------------------------------------------- Beneficially Owned 8) Shared Voting Power 0 -------------------------------------------------- by Each Reporting 9) Sole Dispositive Power 545,800 -------------------------------------------------- Person With: 10) Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 545,800 -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares N/A (See Instructions) -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.50% -------------------------------------------------------------------------------- 14) Type of Reporting Persons (See Instructions) CO -------------------------------------------------------------------------------- -------------- (1) Stock was purchased by, and funds provided by, Cordillera Corporation CUSIP NUMBER: 675239107 PAGE 4 of 11 PAGES -------------------------------------------------------------------------------- 1) Names of Reporting Persons James N. Blue -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) 1) N/A 2) N/A -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) AF(1) -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) N/A -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization U.S. -------------------------------------------------------------------------------- Number of Shares 7) Sole Voting Power 545,800 -------------------------------------------------- Beneficially Owned 8) Shared Voting Power 0 -------------------------------------------------- by Each Reporting 9) Sole Dispositive Power 545,800 -------------------------------------------------- Person With: 10) Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 545,800 -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares N/A (See Instructions) -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.50% -------------------------------------------------------------------------------- 14) Type of Reporting Persons (See Instructions) IN -------------------------------------------------------------------------------- -------------- (1) Stock was purchased by, and funds provided by, Cordillera Corporation CUSIP NUMBER: 675239107 PAGE 5 of 11 PAGES ITEM 1. SECURITY AND ISSUER The securities to which this Schedule relates is the common stock, $.0625 par value of OCEANIC EXPLORATION COMPANY (the "Issuer"). The Issuer's principal executive offices are located at 7800 E. Dorado Place, Suite 250, Englewood, CO 80111. ITEM 2. IDENTITY AND BACKGROUND This Schedule is being filed jointly on behalf of the following persons (referred to individually and collectively as "Filer"): 1. (a) Name - Cordillera Corporation (b) Principal business address - 7800 E. Dorado Place Englewood, CO 80111 (c) Present principal occupation or employment - holding company (d) During the past five years neither Filer nor (to the best knowledge of Filer) any person identified on Exhibit A has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the past five years neither Filer nor (to the best knowledge of Filer) any person identified on Exhibit A has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which it 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) Citizenship - Utah 2. (a) Name - Tenaya Corporation (b) Principal business address - P.O. Box 910304 San Diego, CA 92191 (c) Present principal occupation or employment - holding company. (d) During the past five years neither Filer nor (to the best knowledge of Filer) any person identified on Exhibit A has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the past five years neither Filer nor (to the best knowledge of Filer) any person identified on Exhibit A has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of CUSIP NUMBER: 675239107 PAGE 6 of 11 PAGES which it 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) Citizenship - Delaware 3. (a) Name - James N. Blue (b) Principal business address - Cordillera Corporation 7800 E. Dorado Place Englewood, CO 80111 (c) Present principal occupation or employment - President, Cordillera Corporation. (d) During the past five years Filer has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the past five years Filer has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he 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) Citizenship - U.S. 4. The name, address, present principal employment and citizenship of each of the directors, executive officers and controlling persons of the corporate Filers are set forth in Exhibit A which is attached hereto and incorporated herein by reference. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Cordillera Corporation, a Utah corporation, purchased 545,800 shares of Common Stock of the Issuer from International Cordillera Limited, a Bahamas Corporation, for $300,190.00. Of this amount, $267,621.33 was paid in the form of a promissory note receivable owned by Cordillera Corporation which at the time of the transfer had a current outstanding principal and accrued interest balance of $267,621.33 and $32,568.67 was paid in cash from Cordillera Corporation's working capital. ITEM 4. PURPOSE OF TRANSACTION The purpose of the transaction was to make a long term investment in the issuer and not to effect a change in control of the issuer. CUSIP NUMBER: 675239107 PAGE 7 of 11 PAGES ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) The aggregate number and percentage of the class of the Issuer's common stock beneficially owned by the reporting persons following the transaction is as follows:

The reporting persons filing this Schedule do not comprise a group with any other person. (b) Cordillera Corporation has sole power to vote and to dispose of 545,800 Shares of Common Stock. As a result of its ownership of voting shares of Cordillera Corporation, Tenaya Corporation is deemed to have the sole power to direct the vote and to direct the disposition of such 545,800 Shares of Common Stock. As a result of his ownership of voting shares of Tenaya Corporation, James N. Blue is deemed to have the sole power to direct the vote and to direct the disposition of such 545,800 Shares of Common Stock. (c) Except as set forth herein, neither Filer nor (to the best knowledge of Filer) any person identified on Exhibit A has effected any transaction in shares of Common Stock of Issuer during the past 60 days. (d) N/A (e) N/A ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None ITEM 7. MATERIAL TO BE FILED AS EXHIBITS The following exhibits are filed herewith: Exhibit A - Name, citizenship, business address and present principal employment of each director, executive officer and controlling person of corporate Filers. Exhibit B - Agreement as to joint filing. CUSIP NUMBER: 675239107 PAGE 8 of 11 PAGES SIGNATURES 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 30, 2001 CORDILLERA CORPORATION /s/ John E. Jones --------------------------------- By: John E. Jones Title: Executive Vice President TENAYA CORPORATION /s/ John E. Jones --------------------------------- By: John E. Jones Title: Secretary / Treasurer /s/ James N. Blue --------------------------------- James N. Blue CUSIP NUMBER: 675239107 PAGE 9 of 11 PAGES EXHIBIT A CORDILLERA EXECUTIVE OFFICERS AND DIRECTORS

CUSIP NUMBER: 675239107 PAGE 10 of 11 PAGES TENAYA EXECUTIVE OFFICERS AND DIRECTORS

PERSON HAVING VOTING CONTROL OF TENAYA

CUSIP NUMBER: 675239107 PAGE 11 of 11 PAGES Exhibit B Agreement as to Joint Filing Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees that the Schedule 13D to which this Agreement is attached as an exhibit is filed on behalf of each of them. DATED: August 30, 2001 CORDILLERA CORPORATION /s/ John E. Jones --------------------------------- By: John E. Jones Title: Executive Vice President TENAYA CORPORATION /s/ John E. Jones --------------------------------- By: John E. Jones Title: Secretary / Treasurer /s/ James N. Blue --------------------------------- James N. Blue

CORDILLERA CORP SC 13D