halladorde312007form13ga.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
SCHEDULE 13G
(Rule
13d–102)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d)
AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2
(Amendment
No. 2)*
|
Hallador
Petroleum Company
|
|
(Name
of Issuer)
|
|
Common
Stock, par value $0.01
|
|
(Title
of Class of Securities)
|
|
December 31,
2007
|
|
Date
of Event Which Requires Filing of this
Statement
|
Check
the
appropriate box to designate the rule pursuant to which this Schedule is
filed:
________________
*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 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. 406092205
1)
Name of Reporting Person Lubar Equity Fund,
LLC
2)
Check the Appropriate Box if a Member of a Group (See Instructions)
3)
SEC Use
Only
4)
Citizenship or Place of Organization Wisconsin
Number
of
Shares 5)
Sole Voting
Power 1,493,018
Beneficially
Owned
By
Each
Reporting 6)
Shared Voting
Power 0
Person
With
7)
Sole Dispositive
Power
1,493,018
8)
Shared Dispositive
Power 0
9) Aggregate
Amount Beneficially Owned by Each ReportingPerson
1,493,018
10) Check
Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
o
11) Percent
of Class Represented by Amount in Row 9 9.1%
12) Type
of Reporting Person (See Instructions) PN
Item
1(a) Name of
Issuer
Hallador
Petroleum Company
Item
1(b) Address of
Issuer's Principal Executive Offices.
1660
Lincoln Street, Suite 2700
Denver,
CO 80264
Item
2(a) Name of Person
Filing.
Lubar
Equity Fund, LLC (formerly known as Aspen Private Fund, LLC)
Item
2(b) Address of
Principal Business Office or, if None, Residence.
700
N.
Water Street, Suite 1200
Milwaukee,
WI 53202
Item
2(c)
Citizenship.
Wisconsin
Item
2(d) Title of Class of
Securities.
Common
Stock, par value $0.01
Item
2(e) CUSIP
Number.
406092205
Item
3. Filing
Status if Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or
(c).
Not
applicable.
Item
4. Ownership.
(a)
Amount Beneficially
Owned: 1,493,018
(b)
Percent of
Class: 9.1% (based on 16,362,528 shares of Common Stock outstanding
as of November 14, 2007, as disclosed by Hallador Petroleum Company in its
Form 10-QSB filed with the Securities and Exchange Commission on
November 14, 2007)
(c)
Number of Shares
as to
Which Such Person Has:
(i) Sole Power to Vote
or to
Direct the Vote: 1,493,018
(ii) Shared Power to
Vote or to
Direct the Vote: 0
(iii) Sole Power to Dispose
or
Direct the Disposition of: 1,493,018
(iv) Shared Power to
Dispose or
Direct the Disposition of: 0
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.
Lubar
Equity Fund, LLC is managed by Lubar & Co., Incorporated whose Chairman and
President are Sheldon B. Lubar and David J. Lubar, respectively. No
other person other than the Chairman and President of Lubar & Co.,
Incorporated has the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, such securities.
Item
7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding
Company.
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. Certification.
By
signing below I certify that, to the
best of my knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect of changing
or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
SIGNATURE
After
reasonable inquiry and to the
best of its knowledge and belief, the undersigned certifies that the information
set forth in this statement is true, complete and correct.
LUBAR
EQUITY FUND, LLC
By
Lubar
& Co., Incorporated, Manager
By /s/ David
J.
Lubar
Name: David J. Lubar
Title: President
Date: January 16, 2008
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