efc10-13_sc13ga.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No.  1)*
 
COMPLETE PRODUCTION SERVICES, INC.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
20453E109
(CUSIP Number)
 
December 31, 2009
(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)
 
[ X ]           Rule 13d-1(c)
 
[    ]           Rule 13d-1(d)
 
* 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).
 

Continued on following pages
Page 1 of 11 Pages
Exhibit Index: Page 10
 
 
 
 
SCHEDULE 13G
 
 
 CUSIP No.:  20453E109    Page 2 of 11 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS MASTER FUND 1, LTD.
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a)  [   ]
 
(b)  [   ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Cayman Islands
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           7,303,723
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   7,303,723
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
7,303,723
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
9.75% based on 74,893,651 shares outstanding as of October 26, 2009.
 
12. 
 
 
Type of Reporting Person:
 
CO


 
 

 
 
SCHEDULE 13G
 
 
 CUSIP No.:  20453E109    Page 3 of 11 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS 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
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           7,303,723
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   7,303,723
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
7,303,723
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
9.75% based on 74,893,651 shares outstanding as of October 26, 2009.
 
12. 
 
 
Type of Reporting Person:
 
OO

 
 
 
 
 
 
SCHEDULE 13G
 
 
 CUSIP No.:  20453E109    Page 4 of 11 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER 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
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           7,303,723
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   7,303,723
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
7,303,723
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
9.75% based on 74,893,651 shares outstanding as of October 26, 2009.
 
12. 
 
 
Type of Reporting Person:
 
OO

 
 
 
 
 
 
 
SCHEDULE 13G
 
 
 CUSIP No.:  20453E109    Page 5 of 11 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
PHILIP FALCONE
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a)  [   ]
 
(b)  [   ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
United States of America
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           7,303,723
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   7,303,723
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
7,303,723
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
9.75% based on 74,893,651 shares outstanding as of October 26, 2009.
 
12. 
 
 
Type of Reporting Person:
 
IN
 
 

 
 
Page 6 of 11 Pages
 
 
Item 1(a).
Name of Issuer:
 
 
Complete Production Services, Inc. (the “Issuer”)
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
 
11700 Katy Freeway, Suite 300, Houston, TX 77079
   
Item 2(a).
Name of Person Filing:
 
 
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”)
 
 
i)  Harbinger Capital Partners Master Fund I, Ltd. (the “Master Fund”);
   
 
ii)  Harbinger Capital Partners LLC (“Harbinger LLC”);
   
 
iii)  Harbinger Holdings, LLC (“Harbinger Holdings”); and
   
 
iv)  Philip Falcone (“Mr. Falcone”).
   
 
This Statement relates to Shares (as defined herein) held for the account of the Master Fund.
 
Harbinger LLC serves as the investment manager and investment advisor to the Master Fund.  Harbinger Holdings serves as the manager of Harbinger LLC.  Mr. Falcone serves as the managing member of Harbinger Holdings and the portfolio manager of the Master Fund.  In such capacity, Harbinger Holdings and Mr. Falcone may be deemed to have voting and dispositive power over the Shares held for the Master Fund.
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
 
The address of the principal business office of each of Harbinger LLC, Harbinger Holdings and Mr. Falcone is 450 Park Avenue, 30th Floor, New York, NY 10022.
   
 
The address of the principal business office of the Master Fund is c/o International Fund Services (Ireland) Limited, Third Floor, Bishop’s Square, Redmond’s Hill, Dublin 2, Ireland.
 
Item 2(c).
Citizenship:
   
 
i)  The Master Fund is a Cayman Islands exempted company;
   
;
ii)  Harbinger LLC is a Delaware limited liability company
   
 
iii)  Harbinger Holdings is a Delaware limited liability company; and
   
 
iv)  Mr. Falcone is a citizen of the United States of America.
   
Item 2(d).
Title of Class of Securities:
 
 
Common Stock, par value $0.01 per share (the "Shares").
 
 
 
 
 
Page 7 of 11 Pages
 
 
Item 2(e).
CUSIP Number:
 
 
20453E109
 
Item 3.
If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

(a)
[  ]
Broker or dealer registered under Section 15 of the Exchange Act.
 
(b)
[  ]
Bank as defined in Section 3(a)(6) of the Exchange Act.
 
(c)
[  ]
Insurance company as defined in Section 3(a)(19) of the Exchange Act.
 
(d)
[  ]
Investment company registered under Section 8 of the Investment Company Act.
 
(e)
[  ]
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
(f)
[  ]
An employee benefit plan or endowment fund in accordance with  Rule 13d-1(b)(1)(ii)(F).
 
(g)
[  ]
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
 
(h)
[  ]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
 
(i)
[  ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
 
(j)
[  ]
Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

Item 4.
 
Ownership:
Item 4(a)
Amount Beneficially Owned:
 
As of December 31, 2009, each of Harbinger LLC, Harbinger Holdings and Mr. Falcone may be deemed to be the beneficial owners of 7,303,723 Shares held for the account of the Master Fund.
 
 Item 4(b)  
Percent of Class:
        
The number of Shares of which each of Harbinger LLC, Harbinger Holdings and Mr. Falcone may be deemed to be the beneficial owner constitutes approximately 9.75% of the total number of Shares outstanding (based upon information provided by the Issuer in its most recently-filed report on Form 10-Q, there were 74,893,651 shares outstanding as of October 26, 2009).
 
 Item 4(c)    
Number of Shares of which such person has:
               
The Master Fund, Harbinger LLC, Harbinger Holdings and Mr. Falcone:
 
(i)  Sole power to vote or direct the vote:
 
0
(ii)  Shared power to vote or direct the vote:
 
7,303,723
(iii)  Sole power to dispose or direct the disposition of:
 
0
(iv)  Shared power to dispose or direct the disposition of:
 
7,303,723
 
 
 
 
 
 
Page 8 of 11 Pages
 

Item 5. 
Ownership of Five Percent or Less of a Class:
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].
                     
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
  
This Item 6 is not applicable.
 
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:
   
 
This Item 7 is not applicable.
 
Item 8.
Identification and Classification of Members of the Group:
 
 
This Item 8 is not applicable.
 
Item 9.
Notice of Dissolution of Group:
 
 
This Item 9 is not applicable.
 
Item 10.
Certification:
 
By signing below each of the Reporting Persons certifies that, to the best of their 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.
 
 
 
 
 
Page 9 of 11 Pages
 

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
  
       
 
By:
HARBINGER CAPITAL PARTNERS LLC  
       
  By: HARBINGER HOLDINGS, LLC   
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS LLC
  
       
  By: HARBINGER HOLDINGS, LLC   
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
HARBINGER HOLDINGS, LLC
  
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
PHILIP FALCONE
  
       
  By: /s/ Philip Falcone  
       
 
 
 
 
 
Page 10 of 11 Pages
 
 
EXHIBIT INDEX
 
Ex.
  
Page No.
A
Joint Filing Agreement, dated February 16, 2010 by and among the Reporting Persons
11

 
 
 
 
 
 
Page 11 of 11 Pages


EXHIBIT A

JOINT FILING AGREEMENT

The undersigned agree that the statement on Schedule 13G with respect to the Common Stock of Complete Production Services, Inc., dated as of February 16, 2010 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
  
       
 
By:
HARBINGER CAPITAL PARTNERS LLC  
       
  By: HARBINGER HOLDINGS, LLC   
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS LLC
  
       
  By: HARBINGER HOLDINGS, LLC   
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
HARBINGER HOLDINGS, LLC
  
       
  By: /s/ Philip Falcone  
    Name:  Philip Falcone   
    Title :   Managing Member  
       
 
Date:   February 16, 2010
PHILIP FALCONE
  
       
  By: /s/ Philip Falcone