Filing Details

Accession Number:
0001193125-17-043342
Form Type:
13G Filing
Publication Date:
2017-02-14 16:03:02
Filed By:
Esquisto Holdings, Llc
Company:
Wildhorse Resource Development Corp
Filing Date:
2017-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Esquisto Holdings 0 38,755,330 0 38,755,330 38,755,330 41.2%
WHE AcqCo Holdings 0 2,563,266 0 2,563,266 2,563,266 2.7%
NGP XI US Holdings 0 50,318,596 0 50,318,596 50,318,596 53.5%
WHR Holdings 0 21,200,084 0 21,200,084 21,200,084 22.6%
NGP Energy Capital Management 0 71,518,680 0 71,518,680 71,518,680 76.1%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

WildHorse Resource Development Corporation

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

96812T 102

(CUSIP Number)

December 31, 2016

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in 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. 96812T 102

 

  1   

Name of Reporting Person:

 

Esquisto Holdings, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

38,755,330

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

38,755,330

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

38,755,330

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐

 

    

11  

Percent of Class Represented by Amount in Row (9)

 

41.2% (1)

12  

Type of Reporting Person

 

OO

 

(1) Based on 93,977,541 shares of Class A common stock issued and outstanding as of February 8, 2017.

 

Page 2


CUSIP NO. 96812T 102

 

  1   

Name of Reporting Person:

 

WHE AcqCo Holdings, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

2,563,266

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

2,563,266

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,563,266

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐

 

    

11  

Percent of Class Represented by Amount in Row (9)

 

2.7% (1)

12  

Type of Reporting Person

 

OO

 

(1) Based on 93,977,541 shares of Class A common stock issued and outstanding as of February 8, 2017.

 

Page 3


CUSIP NO. 96812T 102

 

  1   

Name of Reporting Person:

 

NGP XI US Holdings, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially  

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

50,318,596 (1)

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

50,318,596 (1)

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

50,318,596 (1)

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐

 

    

11  

Percent of Class Represented by Amount in Row (9)

 

53.5% (2)

12  

Type of Reporting Person

 

PN

 

(1) As further described in Item 4, NGP XI US Holdings, L.P. may be deemed to beneficially own the shares of common stock of the Issuer that are held by Esquisto Holdings, LLC and WHE AcqCo Holdings, LLC, in addition to the shares it owns of the Issuer.
(2) Based on 93,977,541 shares of Class A common stock issued and outstanding as of February 8, 2017.

 

Page 4


CUSIP NO. 96812T 102

 

  1   

Name of Reporting Person:

 

WHR Holdings, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

21,200,084

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

21,200,084

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

21,200,084

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐

 

    

11  

Percent of Class Represented by Amount in Row (9)

 

22.6% (1)

12  

Type of Reporting Person

 

OO

 

(1) Based on 93,977,541 shares of Class A common stock issued and outstanding as of February 8, 2017.

 

Page 5


CUSIP NO. 96812T 102

 

  1   

Name of Reporting Person:

 

NGP Energy Capital Management, L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Citizenship or Place of Organization

 

Texas

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

71,518,680 (1)

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

71,518,680 (1)

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

71,518,680 (1)

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐

 

    

11  

Percent of Class Represented by Amount in Row (9)

 

76.1% (2)

12  

Type of Reporting Person

 

OO

 

(1) As further described in Item 4, NGP Energy Capital Management, L.L.C. may be deemed to beneficially own the shares of common stock of the Issuer that are held by Esquisto Holdings, LLC, WHE AcqCo Holdings, LLC, NGP XI US Holdings, L.P. and WHR Holdings, LLC.
(2) Based on 93,977,541 shares of Class A common stock issued and outstanding as of February 8, 2017.

 

Page 6


CUSIP NO. 96812T 102

 

Item 1(a).    Name of issuer:  
   WildHorse Resource Development Corporation (the Issuer)
Item 1(b).    Address of issuers principal executive offices:
   9805 Katy Freeway, Suite 400  
   Houston, Texas 77024  
Item 2(a).    Names of persons filing:
   This Schedule 13G is being filed by each of the following persons (each, a Reporting Person and together, the Reporting Persons):
   (i)    Esquisto Holdings, LLC  
   (ii)    WHE AcqCo Holdings, LLC  
   (iii)    NGP XI US Holdings, L.P.  
   (iv)    WHR Holdings, LLC  
   (v)    NGP Energy Capital Management, L.L.C.  
Item 2(b).    Address or principal business office or, if none, residence:
   (i)    Esquisto Holdings, LLC  
      9805 Katy Freeway, Suite 400  
      Houston, Texas 77024  
   (ii)    WHE AcqCo Holdings, LLC  
      9805 Katy Freeway, Suite 400  
      Houston, Texas 77024  
   (iii)    NGP XI US Holdings, L.P.  
      5221 N. OConnor Blvd., Suite 1100  
      Irving, Texas 75039  
   (iv)    WHR Holdings, LLC  
      9805 Katy Freeway, Suite 400  
      Houston, Texas 77024  
   (v)    NGP Energy Capital Management, L.L.C.  
      5221 N. OConnor Blvd., Suite 1100  
      Irving, Texas 75039  
Item 2(c).    Citizenship:
   (i)    Esquisto Holdings, LLC   - Delaware
   (ii)    WHE AcqCo Holdings, LLC   - Delaware
   (iii)    NGP XI US Holdings, L.P.   - Delaware
   (iv)    WHR Holdings, LLC   - Delaware
   (v)    NGP Energy Capital Management, L.L.C.   - Texas
Item 2(d).    Title of class of securities:  
   Common stock, par value $0.01 per share  

 

Page 7


Item 2(e).    CUSIP number:
   96812T 102
Item 3.    If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
   Not applicable.
Item 4.    Ownership:
   Esquisto Investment Holdings, LLC (Esquisto Investment Holdings) owns 100% of the capital interests in Esquisto Holdings, LLC (Esquisto Holdings). NGP IX US Holdings, LP (NGP IX US Holdings) and NGP XI US Holdings, L.P. (NGP XI US Holdings) directly and indirectly own 27.6% and 62.4% of Esquisto Investment Holdings, respectively, and certain members of the Issuers management own the remaining 10.0%. As a result, NGP IX US Holdings and NGP XI US Holdings may be deemed to indirectly beneficially own the shares held by Esquisto Holdings. NGP IX Holdings GP, LLC (NGP IX Holdings GP) is the sole general partner of NGP IX US Holdings. NGP Natural Resources IX, L.P. (NGP Natural Resources IX) is the sole member of NGP IX Holdings GP. G.F.W. Energy IX, L.P. (GFW Energy IX) is the sole general partner of NGP Natural Resources IX. GFW IX, L.L.C. (GFW IX) is the sole general partner of GFW Energy IX. GFW IX has delegated full power and authority to manage NGP IX US Holdings to NGP Energy Capital Management, L.L.C. (NGP ECM) and accordingly, NGP ECM may be deemed to share voting and dispositive power over these shares and therefore may also be deemed to be the beneficial owner of these shares.
   NGP XI US Holdings owns 100% of the capital interests in WHE AcqCo Holdings, LLC (WHE AcqCo Holdings). NGP XI Holdings GP, L.L.C. (NGP XI Holdings GP) is the sole general partner of NGI XI US Holdings. NGP Natural Resources XI, L.P. (NGP Natural Resources XI) is the sole member of NGP XI Holdings GP. G.F.W. Energy XI, L.P. (GFW Energy XI) is the sole general partner of NGP Natural Resources XI. GFW XI, L.L.C. (GFW XI) is the sole general partner of GFW Energy XI. GFW XI has delegated full power and authority to manage NGP XI US Holdings to NGP ECM and accordingly, NGP ECM may be deemed to share voting and dispositive power over these shares and therefore may also be deemed to be the beneficial owner of these shares.
   WildHorse Investment Holdings, LLC (WildHorse Investment Holdings) owns 100% of the capital interests in WHR Holdings, LLC (WildHorse Holdings). NGP X US Holdings, L.P. (NGP X US Holdings) owns 90.3% of WildHorse Investment Holdings, and certain members of the Issuers management own the remaining 9.7%. As a result, NGP X US Holdings may be deemed to indirectly beneficially own the shares held by WildHorse Holdings. NGP X Holdings GP, L.L.C. (NGP X Holdings GP) is the sole general partner of NGP X US Holdings. NGP Natural Resources X, L.P. (NGP X) is the sole member of NGP X Holdings GP. G.F.W. Energy X, L.P. (GFW X) is the sole general partner of NGP X. GFW X, L.L.C. (GFW X GP) is the sole general partner of GFW X. GFW X GP has delegated full power and authority to manage NGP X US Holdings to NGP ECM and accordingly, NGP ECM may be deemed to share voting and dispositive power over these shares and therefore may also be deemed to be the beneficial owner of these shares.
      1.    Esquisto Holdings, LLC
     

a.

   Amount beneficially owned: 38,755,330

 

Page 8


    

b.

  Percent of class: 41.2%
    

c.

  Number of shares as to which the person has:
      

i.

  Sole power to vote or to direct the vote: 0
      

ii.

  Shared power to vote or to direct the vote: 38,755,330
      

iii.

  Sole power to dispose or to direct the disposition of: 0
      

iv.

  Shared power to dispose or to direct the disposition of: 38,755,330
     2.  WHE AcqCo Holdings, LLC
    

a.

  Amount beneficially owned: 2,563,266
    

b.

  Percent of class: 2.7%
    

c.

  Number of shares as to which the person has:
      

i.

  Sole power to vote or to direct the vote: 0
      

ii.

  Shared power to vote or to direct the vote: 2,563,266
      

iii.

  Sole power to dispose or to direct the disposition of: 0
      

iv.

  Shared power to dispose or to direct the disposition of: 2,563,266
     3.  NGP XI US Holdings, L.P.
    

a.

  Amount beneficially owned: 50,318,596
    

b.

  Percent of class: 53.5%
    

c.

  Number of shares as to which the person has:
      

i.

  Sole power to vote or to direct the vote: 0
      

ii.

  Shared power to vote or to direct the vote: 50,318,596
      

iii.

  Sole power to dispose or to direct the disposition of: 0
      

iv.

  Shared power to dispose or to direct the disposition of: 50,318,596
     4.  WHR Holdings, LLC
    

a.

  Amount beneficially owned: 21,200,084
    

b.

  Percent of class: 22.6%
    

c.

  Number of shares as to which the person has:
      

i.

  Sole power to vote or to direct the vote: 0
      

ii.

  Shared power to vote or to direct the vote: 21,200,084
      

iii.

  Sole power to dispose or to direct the disposition of: 0
      

iv.

  Shared power to dispose or to direct the disposition of: 21,200,084
     5.  NGP Energy Capital Management, L.L.C.
    

a.

  Amount beneficially owned: 71,518,680
    

b.

  Percent of class: 76.1%
    

c.

  Number of shares as to which the person has:
      

i.

  Sole power to vote or to direct the vote: 0
      

ii.

  Shared power to vote or to direct the vote: 71,518,680

 

Page 9


       

iii.

   Sole power to dispose or to direct the disposition of: 0
       

iv.

   Shared power to dispose or to direct the disposition of: 71,518,680
Item 5.   Ownership of five percent or less of a class:
  Not applicable.
Item 6.   Ownership of more than five percent on behalf of another person:
  Not applicable.
Item 7.   Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person:
  Not applicable.
Item 8.   Identification and classification of members of the group:
  Not applicable.
Item 9.   Notice of dissolution of group:
  Not applicable.
Item 10.   Certifications:
  Not applicable.

 

Page 10


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.

Dated: February 14, 2017

 

ESQUISTO HOLDINGS, LLC
By:  

/s/ Tony R. Weber

Name:   Tony R. Weber
Title:   Authorized Person
WHE ACQCO HOLDINGS, LLC
By:  

/s/ Tony R. Weber

Name:   Tony R. Weber
Title:   Authorized Person
NGP XI US HOLDINGS, L.P.
By: NGP X Holdings GP, L.L.C., its general partner
By:  

/s/ Tony R. Weber

Name:   Tony R. Weber
Title:   Authorized Person
WHR HOLDINGS, LLC
By:  

/s/ Tony R. Weber

Name:   Tony R. Weber
Title:   Authorized Person
NGP ENERGY CAPITAL MANAGEMENT, L.L.C.
By:  

/s/ Tony R. Weber

Name:   Tony R. Weber
Title:   Chief Operating Officer

 

Signature Page to Schedule 13G