Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


SCHEDULE 13D

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.     )*

 

TransAlta Corporation

(Name of Issuer)

 

 

Common Shares, no par value

(Title of Class of Securities)

 

 

89346D107

(CUSIP Number)

 

 

James J. Moloney
Gibson, Dunn & Crutcher LLP
4 Park Plaza
Irvine, CA 92614
(949) 451-3800

(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

 

June 27, 2007

(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 of §§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 §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 that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



CUSIP No. 89346D107

  13D   Page 2 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

LSP Penn Holdings, LLC

   
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

   
3   

SEC Use Only

 

   
4   

Source of Funds (See Instructions)

 

WC

   
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

   
12   

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

 

¨

13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

   
14   

Type of Reporting Person (See Instructions)

 

OO

   

 


CUSIP No. 89346D107

  13D   Page 3 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

LSP Penn Holdings II, LLC

   
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

   
3   

SEC Use Only

 

   
4   

Source of Funds (See Instructions)

 

WC

   
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
 

7    Sole Voting Power

 

0

 

8    Shared Voting Power

 

13,520,000

 

9    Sole Dispositive Power

 

0

 

10  Shared Dispositive Power

 

13,520,000

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,000

    
12   

Check if the Aggregate Amount in Row (11) Excludes Certain

Shares (See Instructions)

  

 

¨

13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

    
14   

Type of Reporting Person (See Instructions)

 

OO

    

 


CUSIP No. 89346D107

  13D   Page 4 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

LS Power Partners, L.P.

   
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

   
3   

SEC Use Only

 

   
4   

Source of Funds (See Instructions)

 

WC

   
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

   
12    Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
 

 

¨

13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

   
14   

Type of Reporting Person (See Instructions)

 

PN

   

 


CUSIP No. 89346D107

  13D   Page 5 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

LS Power Partners II, L.P.

   
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

   
3   

SEC Use Only

 

   
4   

Source of Funds (See Instructions)

 

WC

   
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

   
12   

Check if the Aggregate Amount in Row (11) Excludes Certain

Shares (See Instructions)

 

 

¨

13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

   
14   

Type of Reporting Person (See Instructions)

 

PN

   

 


CUSIP No. 89346D107

  13D   Page 6 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Luminus Management, LLC

      
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

      
3   

SEC Use Only

 

      
4   

Source of Funds (See Instructions)

 

WC

      
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

      
12    Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
   ¨  
13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

      
14   

Type of Reporting Person (See Instructions)

 

PN

      

 


CUSIP No. 89346D107

  13D   Page 7 of 16 Pages

 

1       

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Luminus Asset Partners, L.P.

   
2       

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

   
3       

SEC Use Only

 

   
4       

Source of Funds (See Instructions)

 

WC

   
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
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

   
12    Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
 

 

¨

13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

   
14   

Type of Reporting Person (See Instructions)

 

PN

   

 


CUSIP No. 89346D107

  13D   Page 8 of 16 Pages

 

1   

Name of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Luminus Energy Partners Master Fund, Ltd.

      
2   

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨

(b) x

      
3   

SEC Use Only

 

      
4   

Source of Funds (See Instructions)

 

WC

      
5    Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
   ¨  
6   

Citizenship or Place of Organization

 

Bermuda

      
NUMBER OF SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
  

7    Sole Voting Power

 

0

  

8    Shared Voting Power

 

13,520,200

  

9    Sole Dispositive Power

 

0

  

10  Shared Dispositive Power

 

13,520,200

11   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,520,200

      
12   

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

   ¨  
13   

Percent of Class Represented by Amount in Row (11)

 

6.7%

      
14   

Type of Reporting Person (See Instructions)

 

OO

      

 


CUSIP No. 89346D107

  13D   Page 9 of 16 Pages

 

Item 1. Security and Issuer.

This Statement on Schedule 13D (“Schedule 13D”) relates to the Common Shares, no par value (the “Shares”), of TransAlta Corporation, a corporation incorporated under the Canada Business Corporations Act (the “Issuer”).

The address of the Issuer’s principal executive offices is 110-12th Avenue S.W., Box 1900, Station “M,” Calgary, Alberta, T2P 2M1.

Item 2. Identity and Background.

This Schedule 13D is being filed by LS Power Partners, L.P. (“LS Power”), LS Power Equity Partners, L.P. (“LS Partners”), LS Power Equity Partners PIE I, L.P. (“LS Partners PIE”), LSP Penn EB I, Ltd. (“LSP EB”), LSP Penn Holdings, LLC (“LSP Holdings”), LS Power Partners II, L.P. (“LS Power II”), LS Power Equity Partners II, L.P. (“LS Partners II”), LS Power Equity Partners II PIE, L.P. (“LS Partners PIE II”), LSP Penn EB II, Ltd. (“LSP EB II”), LSP Penn Holdings II, LLC (“LSP Holdings II”), Luminus Management, LLC (“Luminus Management”), Luminus Asset Partners, L.P. (“Luminus Asset Partners”) and Luminus Energy Partners Master Fund, Ltd. (“Luminus Energy Fund”) pursuant to their agreement to the joint filing of this Schedule 13D (the “Joint Filing Agreement,” attached hereto as Exhibit 7.1).

LS Power, LS Partners, LS Partners PIE, LSP EB, LSP Holdings, LS Power II, LS Partners II, LS Partners PIE II, LSP EB II and LSP Holdings II are together referred to herein as the “LS Power Entities.” Luminus Management, Luminus Asset Partners and Luminus Energy Fund are together referred to herein as the “Luminus Entities.” The LS Power Entities and the Luminus Entities are together referred to herein as the “Reporting Persons,” and each of them are individually referred to herein as a “Reporting Person.”

LS Power is the general partner of each of LS Partners and LS Partners PIE. LS Partners PIE owns 100% of LSP EB. LS Partners, LS Partners PIE and LSP EB are together the members of LSP Holdings. LSP Holdings is the record owner of 4,877,370 Shares. Due to their relationship with LSP Holdings, each of LS Power, LS Partners, LS Partners PIE and LSP EB may be deemed to have shared voting and investment power with respect to the Shares beneficially owned by LSP Holdings. As such, LS Power, LS Partners, LS Partners PIE and LSP EB may be deemed to have shared beneficial ownership of the Shares of which LSP Holdings is the owner. Each of LS Power, LS Partners, LS Partners PIE and LSP EB, however, disclaims beneficial ownership of such Shares.

LS Power II is the general partner of each of LS Partners II and LS Partners PIE II. LS Partners PIE II owns 100% of LSP EB II. LS Partners II, LS Partners PIE II and LSP EB II are together the members of LSP Holdings II. LSP Holdings II is the record owner of 4,877,370 Shares. Due to their relationship with LSP Holdings II, each of LS Power II, LS Partners II, LS Partners PIE II and LSP EB II may be deemed to have shared voting and investment power with respect to the Shares beneficially owned by LSP Holdings II. As such, LS Power II, LS Partners II, LS Partners PIE II and LSP EB II may be deemed to have shared beneficial ownership of the Shares of which LSP Holdings II is the owner. Each of LS Power II, LS Partners II, LS Partners PIE II and LSP EB II, however, disclaims beneficial ownership of such Shares.

 


CUSIP No. 89346D107

  13D   Page 10 of 16 Pages

 

Luminus Management is the manager of Luminus Asset Partners. Luminus Asset Partners is the record owner of 653,540 Shares. Due to its relationship with Luminus Asset Partners, Luminus Management may be deemed to have shared voting and investment power with respect to the Shares owned by Luminus Asset Partners. As such, Luminus Management may be deemed to have shared beneficial ownership of the Shares of which Luminus Asset Partners is the owner. Luminus Management, however, disclaims beneficial ownership of such Shares.

Luminus Management is the manager of Luminus Energy Fund. Luminus Energy Fund is the record owner of 3,091,920 Shares. Due to its relationship with Luminus Energy Fund, Luminus Management may be deemed to have shared voting and investment power with respect to the Shares owned by Luminus Energy Fund. As such, Luminus Management may be deemed to have shared beneficial ownership of the Shares of which Luminus Energy Fund is the owner. Luminus Management, however, disclaims beneficial ownership of such Shares.

James Bartlett directly (through his positions) or indirectly through one or more intermediaries, may be deemed to control the LS Power Entities and have shared voting and investment power with respect to the Shares owned by LSP Holdings and LSP Holdings II. As such, Mr. Bartlett may be deemed to have shared beneficial ownership of the Shares owned by LSP Holdings and LSP Holdings II. Mr. Bartlett, however, disclaims beneficial ownership of such Shares. Mr. Bartlett’s current principal occupation is president of LS Power, LSP Holdings, LS Power II and LSP Holdings II.

Paul Segal directly (whether through ownership interest or position) may be deemed to control the Luminus Entities and have shared voting and investment power with respect to the Shares owned by Luminus Asset Partners and Luminus Energy Fund. As such, Mr. Segal may be deemed to have shared beneficial ownership of the Shares owned by Luminus Asset Partners and Luminus Energy Fund. Mr. Segal, however, disclaims beneficial ownership of such Shares. Mr. Segal’s current principal occupation is president of Luminus Management and Luminus Asset Partners and director of Luminus Energy Fund.

Each Reporting Person, other than Luminus Energy Fund, LSP EB and LSP EBII, is organized in the state of Delaware. Luminus Energy Fund is organized under the laws of Bermuda. LSP EB and LSP EBII are organized under the laws of the Cayman Islands. The principal business of each Reporting Person is to engage in the business of investing in securities and other investment opportunities. The principal business address of each Reporting Person is 1700 Broadway, 35th Floor, New York, NY 10019.

During the last five years, none of the Reporting Persons or any of the natural persons described in this Item 2 has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, is or was 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.

 


CUSIP No. 89346D107

  13D   Page 11 of 16 Pages

 

Item 3. Source and Amount of Funds or Other Consideration.

As of the date hereof, the Reporting Persons are deemed to beneficially own an aggregate of 13,520,200 Shares, as detailed in Item 5. The aggregate purchase price for such shares was $344,999,992 (exclusive of brokerage commissions and fees), which amount has come, (1) with respect to the LS Power Entities, from working capital and/or from borrowings pursuant to margin accounts maintained in the ordinary course of business at Goldman, Sachs & Co, and, (2) with respect to the Luminus Entities, from working capital.

Item 4. Purpose of Transaction.

The Reporting Persons acquired the Shares for investment purposes in the ordinary course of business because they believed the shares to be undervalued in the market. The Reporting Persons intend to regularly review their investment in the Issuer. Based on such review, as well as other factors (including, among other things, their evaluation of the Issuer’s business, prospects and financial condition, the market price for the Issuer’s securities, other opportunities available to them and general market, industry and economic conditions), the Reporting Persons, and/or other persons affiliated with them, may, and reserve the right to, engage in discussions with management and the Board of Directors of the Issuer concerning the business and the future plans of the Issuer generally, and with regard to strategies and potential transactions to maximize shareholder value, change their intentions, acquire additional securities of the Issuer, or sell some or all of their Shares, on the open market, in privately negotiated transactions or otherwise. The Reporting Persons may formulate plans or proposals for, and may from time to time explore, or make proposals relating to, transactions or actions which relate to or would result in any of the matters specified in clauses (a) through (j) of Item 4 of Schedule 13D.

Item 5. Interest in Securities of the Issuer.

(a) and (b)

 

Reporting Persons

  
Number of
Shares With
Sole Voting and
Dispositive
Power
   Number of
Shares With
Shared Voting
and
Dispositive
Power
   Aggregate
Number of
Shares
Beneficially
Owned
  
Percentage
of Class
Beneficially
Owned
 

LSP Penn Holdings, LLC

   0    13,520,200    13,520,200    6.7 %

LSP Penn Holdings II, LLC

   0    13,520,200    13,520,200    6.7 %

LS Power Partners, L.P.

   0    13,520,200    13,520,200    6.7 %

LS Power Partners II, L.P.

   0    13,520,200    13,520,200    6.7 %

Luminus Management, LLC

   0    13,520,200    13,520,200    6.7 %

Luminus Asset Partners, L.P.

   0    13,520,200    13,520,200    6.7 %

Luminus Energy Partners Master Fund, Ltd.

   0    -13,520,200    13,520,200    6.7 %


CUSIP No. 89346D107

  13D   Page 12 of 16 Pages

 

By virtue of the relationships among the Reporting Persons described herein, the Reporting Persons may be deemed to constitute a “group,” which “group” may be deemed to beneficially own an aggregate of 13,520,200 Shares, representing approximately 6.7% of the outstanding Shares. The percentages used herein are based on the 202,425,079 Shares reported to be issued and outstanding as of December 31, 2006 by the Issuer in its Annual Report on Form 40-F for the fiscal year ended December 31, 2006, filed with the Securities and Exchange Commission on March 16, 2007.

(c) All transactions in the Shares effected during the past 60 days by the Reporting Persons are set forth in Annex A, attached to this Schedule 13D and incorporated herein by reference.

(d) Not applicable.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The Reporting Persons have orally agreed to co-invest in the Issuer (the “Co-Investment Agreement”). Due to the Co-Investment Agreement, such parties may be deemed to share beneficial ownership over the Shares held by one another. Each of the Reporting Persons, however, disclaims beneficial ownership over the Shares held by all other Reporting Persons.

Item 7. Material To Be Filed As Exhibits.

 

Exhibit
No.
  

Description

7.1    Joint Filing Agreement, dated July 6, 2007 (filed herewith).
7.2    Power of Attorney, dated July 6, 2007 (filed herewith).

 


CUSIP No. 89346D107

  13D   Page 13 of 16 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: July 6, 2007

 

LSP Penn Holdings, LLC
By:   /s/    James Bartlett
Name:   James Bartlett
Title:   President

 

LSP Penn Holdings II, LLC
By:   /s/    James Bartlett
Name:   James Bartlett
Title:   President

 

LS Power Partners, L.P.
By:   /s/    James Bartlett
  Name: James Bartlett
  Title: President

 

LS Power Partners II, L.P.
By:   /s/    James Bartlett
Name:   James Bartlett
Title:   President

 

Luminus Management, LLC
By:   /s/    Paul Segal
Name:   Paul Segal
Title:   President

 

Luminus Asset Partners, L.P.
By:   /s/    Paul Segal
Name:   Paul Segal
Title:   President

 

Luminus Energy Partners Master Fund, Ltd.
By:   /s/    Paul Segal
Name:   Paul Segal
Title:   Director

 


CUSIP No. 89346D107

  13D   Page 14 of 16 Pages

 

ANNEX A TO SCHEDULE 13D

 

Party Effecting Transaction

   Date    Buy /
Sell
   Quantity   

Average

Price ($)1

   Currency

Luminus Asset Partners, LP

   5/1/2007    BUY    1,700    23.6743    USD

Luminus Asset Partners, LP

   5/2/2007    BUY    10,100    23.8376    USD

Luminus Asset Partners, LP

   5/3/2007    BUY    12,100    24.0525    USD

Luminus Asset Partners, LP

   5/7/2007    BUY    16,500    24.1196    USD

Luminus Asset Partners, LP

   5/8/2007    BUY    13,700    24.1642    USD

Luminus Asset Partners, LP

   5/9/2007    BUY    33,100    24.0931    USD

Luminus Asset Partners, LP

   5/10/2007    BUY    42,000    24.2101    USD

Luminus Asset Partners, LP

   5/11/2007    BUY    72,300    24.1374    USD

Luminus Asset Partners, LP

   5/14/2007    BUY    43,400    24.7224    USD

Luminus Asset Partners, LP

   5/15/2007    BUY    74,000    24.9045    USD

Luminus Asset Partners, LP

   5/18/2007    BUY    400    25.1128    USD

Luminus Asset Partners, LP

   5/22/2007    BUY    23,200    25.9890    USD

Luminus Asset Partners, LP

   5/24/2007    BUY    150,000    26.0826    USD

Luminus Asset Partners, LP

   5/29/2007    BUY    1,800    26.2167    USD

Luminus Asset Partners, LP

   5/30/2007    BUY    5,600    26.1228    USD

Luminus Asset Partners, LP

   5/31/2007    BUY    7,600    26.4137    USD

Luminus Asset Partners, LP

   6/4/2007    BUY    17,000    26.6229    USD

Luminus Asset Partners, LP

   6/5/2007    BUY    5,400    26.3091    USD

Luminus Asset Partners, LP

   6/6/2007    BUY    9,500    26.1819    USD

Luminus Asset Partners, LP

   6/7/2007    BUY    5,500    25.9125    USD

Luminus Asset Partners, LP

   6/8/2007    SELL    500    27.0067    CAD

Luminus Asset Partners, LP

   6/8/2007    BUY    3,300    25.4478    USD

Luminus Asset Partners, LP

   6/12/2007    BUY    800    24.9476    USD

Luminus Asset Partners, LP

   6/13/2007    BUY    600    25.0499    USD

Luminus Asset Partners, LP

   6/14/2007    BUY    1,400    25.3229    USD

Luminus Asset Partners, LP

   6/15/2007    BUY    200    25.3269    USD

Luminus Asset Partners, LP

   6/18/2007    BUY    7,600    25.6630    USD

Luminus Asset Partners, LP

   6/19/2007    BUY    19,400    25.6721    USD

Luminus Asset Partners, LP

   6/20/2007    BUY    6,800    25.4140    USD

Luminus Asset Partners, LP

   6/22/2007    BUY    400    24.8892    USD

Luminus Asset Partners, LP

   6/25/2007    BUY    3,000    24.9018    USD

Luminus Asset Partners, LP

   6/26/2007    BUY    300    24.6455    USD

Luminus Asset Partners, LP

   6/26/2007    BUY    13,500    24.6455    USD

Luminus Asset Partners, LP

   6/27/2007    BUY    9,500    24.6232    USD

Luminus Asset Partners, LP

   6/28/2007    BUY    24,000    25.0643    USD

Luminus Asset Partners, LP

   6/29/2007    BUY    240    24.8862    USD

Luminus Asset Partners, LP

   7/3/2007    BUY    4,500    25.5806    USD

Luminus Asset Partners, LP

   7/5/2007    BUY    4,700    26.3089    USD

Luminus Asset Partners, LP

   7/6/2007    BUY    9,000    27.3959    USD

Luminus Asset Partners, LP

   7/6/2007    SELL    100    28.1295    USD

Luminus Energy Partners Master Fund, Ltd.

   5/1/2007    BUY    10,100    23.6743    USD

Luminus Energy Partners Master Fund, Ltd.

   5/2/2007    BUY    59,900    23.8376    USD

Luminus Energy Partners Master Fund, Ltd.

   5/3/2007    BUY    71,900    24.0525    USD

Luminus Energy Partners Master Fund, Ltd.

   5/7/2007    BUY    97,700    24.1196    USD

Luminus Energy Partners Master Fund, Ltd.

   5/8/2007    BUY    81,000    24.1642    USD

Luminus Energy Partners Master Fund, Ltd.

   5/9/2007    BUY    195,600    24.0931    USD

Luminus Energy Partners Master Fund, Ltd.

   5/10/2007    BUY    248,500    24.2101    USD

1

Net of brokerage fees and commissions.

 


CUSIP No. 89346D107

  13D   Page 15 of 16 Pages

 

Luminus Energy Partners Master Fund, Ltd.

   5/11/2007    BUY    427,700    24.1374    USD

Luminus Energy Partners Master Fund, Ltd.

   5/14/2007    BUY    256,600    24.7224    USD

Luminus Energy Partners Master Fund, Ltd.

   5/15/2007    BUY    437,700    24.9045    USD

Luminus Energy Partners Master Fund, Ltd.

   5/18/2007    BUY    2,100    25.1128    USD

Luminus Energy Partners Master Fund, Ltd.

   5/22/2007    BUY    136,800    25.9890    USD

Luminus Energy Partners Master Fund, Ltd.

   5/24/2007    BUY    150,000    26.0826    USD

Luminus Energy Partners Master Fund, Ltd.

   5/25/2007    BUY    100    28.3100    CAD

Luminus Energy Partners Master Fund, Ltd.

   5/29/2007    BUY    9,900    26.2167    USD

Luminus Energy Partners Master Fund, Ltd.

   5/30/2007    BUY    31,900    26.1228    USD

Luminus Energy Partners Master Fund, Ltd.

   5/31/2007    BUY    43,200    26.4137    USD

Luminus Energy Partners Master Fund, Ltd.

   6/4/2007    BUY    97,000    26.6229    USD

Luminus Energy Partners Master Fund, Ltd.

   6/5/2007    BUY    30,200    26.3091    USD

Luminus Energy Partners Master Fund, Ltd.

   6/6/2007    BUY    54,300    26.1819    USD

Luminus Energy Partners Master Fund, Ltd.

   6/7/2007    BUY    30,500    25.9125    USD

Luminus Energy Partners Master Fund, Ltd.

   6/8/2007    SELL    2,300    27.0067    CAD

Luminus Energy Partners Master Fund, Ltd.

   6/8/2007    BUY    18,300    25.4478    USD

Luminus Energy Partners Master Fund, Ltd.

   6/12/2007    BUY    4,800    24.9476    USD

Luminus Energy Partners Master Fund, Ltd.

   6/13/2007    BUY    3,400    25.0499    USD

Luminus Energy Partners Master Fund, Ltd.

   6/14/2007    BUY    8,200    25.3229    USD

Luminus Energy Partners Master Fund, Ltd.

   6/15/2007    BUY    1,300    25.3269    USD

Luminus Energy Partners Master Fund, Ltd.

   6/18/2007    BUY    43,600    25.6630    USD

Luminus Energy Partners Master Fund, Ltd.

   6/19/2007    BUY    110,800    25.6721    USD

Luminus Energy Partners Master Fund, Ltd.

   6/20/2007    BUY    39,000    25.4140    USD

Luminus Energy Partners Master Fund, Ltd.

   6/22/2007    BUY    2,700    24.8892    USD

Luminus Energy Partners Master Fund, Ltd.

   6/25/2007    BUY    17,000    24.9018    USD

Luminus Energy Partners Master Fund, Ltd.

   6/26/2007    BUY    2,000    24.6455    USD

Luminus Energy Partners Master Fund, Ltd.

   6/26/2007    BUY    76,500    24.6455    USD

Luminus Energy Partners Master Fund, Ltd.

   6/27/2007    BUY    53,400    24.6232    USD

Luminus Energy Partners Master Fund, Ltd.

   6/28/2007    BUY    136,200    25.0643    USD

Luminus Energy Partners Master Fund, Ltd.

   6/29/2007    BUY    1,320    24.8862    USD

Luminus Energy Partners Master Fund, Ltd.

   7/3/2007    BUY    25,200    25.5806    USD

Luminus Energy Partners Master Fund, Ltd.

   7/5/2007    BUY    26,700    26.3089    USD

Luminus Energy Partners Master Fund, Ltd.

   7/6/2007    BUY    51,600    27.3959    USD

Luminus Energy Partners Master Fund, Ltd.

   7/6/2007    SELL    500    28.1295    USD

LSP Penn Holdings, LLC

   5/29/2007    BUY    52,550    26.2167    USD

LSP Penn Holdings, LLC

   5/30/2007    BUY    169,050    26.1228    USD

LSP Penn Holdings, LLC

   5/31/2007    BUY    228,550    26.4137    USD

LSP Penn Holdings, LLC

   6/1/2007    BUY    38,100    26.7140    USD

LSP Penn Holdings, LLC

   6/4/2007    BUY    513,400    26.6229    USD

LSP Penn Holdings, LLC

   6/5/2007    BUY    160,000    26.3091    USD

LSP Penn Holdings, LLC

   6/6/2007    BUY    287,300    26.1819    USD

LSP Penn Holdings, LLC

   6/7/2007    BUY    161,700    25.9125    USD

LSP Penn Holdings, LLC

   6/8/2007    SELL    12,200    27.0067    CAD

LSP Penn Holdings, LLC

   6/8/2007    BUY    96,800    25.4478    USD

LSP Penn Holdings, LLC

   6/12/2007    BUY    25,200    24.9476    USD

LSP Penn Holdings, LLC

   6/13/2007    BUY    18,000    25.0499    USD

LSP Penn Holdings, LLC

   6/13/2007    SELL    400    27.2000    CAD

LSP Penn Holdings, LLC

   6/14/2007    BUY    43,200    25.3229    USD

LSP Penn Holdings, LLC

   6/15/2007    BUY    6,700    25.3269    USD

LSP Penn Holdings, LLC

   6/18/2007    BUY    230,800    25.6630    USD

LSP Penn Holdings, LLC

   6/19/2007    BUY    586,400    25.6721    USD

LSP Penn Holdings, LLC

   6/20/2007    BUY    206,600    25.4140    USD

LSP Penn Holdings, LLC

   6/22/2007    BUY    14,300    24.8892    USD

LSP Penn Holdings, LLC

   6/25/2007    BUY    90,000    24.9018    USD

LSP Penn Holdings, LLC

   6/26/2007    BUY    10,500    24.6455    USD

LSP Penn Holdings, LLC

   6/26/2007    BUY    405,000    24.6455    USD

LSP Penn Holdings, LLC

   6/27/2007    BUY    282,800    24.6232    USD

LSP Penn Holdings, LLC

   6/28/2007    BUY    720,900    25.0643    USD

 


CUSIP No. 89346D107

  13D   Page 16 of 16 Pages

 

LSP Penn Holdings, LLC

   6/29/2007    BUY    7,020    24.8862    USD

LSP Penn Holdings, LLC

   7/3/2007    BUY    133,600    25.5806    USD

LSP Penn Holdings, LLC

   7/5/2007    BUY    141,100    26.3089    USD

LSP Penn Holdings, LLC

   7/6/2007    BUY    273,100    27.3959    USD

LSP Penn Holdings, LLC

   7/6/2007    SELL    2,700    28.1295    USD

LSP Penn Holdings II, LLC

   5/29/2007    BUY    52,550    26.2167    USD

LSP Penn Holdings II, LLC

   5/30/2007    BUY    169,050    26.1228    USD

LSP Penn Holdings II, LLC

   5/31/2007    BUY    228,550    26.4137    USD

LSP Penn Holdings II, LLC

   6/1/2007    BUY    38,100    26.7140    USD

LSP Penn Holdings II, LLC

   6/4/2007    BUY    513,400    26.6229    USD

LSP Penn Holdings II, LLC

   6/5/2007    BUY    160,000    26.3091    USD

LSP Penn Holdings II, LLC

   6/6/2007    BUY    287,300    26.1819    USD

LSP Penn Holdings II, LLC

   6/7/2007    BUY    161,700    25.9125    USD

LSP Penn Holdings II, LLC

   6/8/2007    SELL    12,200    27.0067    CAD

LSP Penn Holdings II, LLC

   6/8/2007    BUY    96,800    25.4478    USD

LSP Penn Holdings II, LLC

   6/12/2007    BUY    25,200    24.9476    USD

LSP Penn Holdings II, LLC

   6/13/2007    BUY    18,000    25.0499    USD

LSP Penn Holdings II, LLC

   6/13/2007    SELL    400    27.2000    CAD

LSP Penn Holdings II, LLC

   6/14/2007    BUY    43,200    25.3229    USD

LSP Penn Holdings II, LLC

   6/15/2007    BUY    6,700    25.3269    USD

LSP Penn Holdings II, LLC

   6/18/2007    BUY    230,800    25.6630    USD

LSP Penn Holdings II, LLC

   6/19/2007    BUY    586,400    25.6721    USD

LSP Penn Holdings II, LLC

   6/20/2007    BUY    206,600    25.4140    USD

LSP Penn Holdings II, LLC

   6/22/2007    BUY    14,300    24.8892    USD

LSP Penn Holdings II, LLC

   6/25/2007    BUY    90,000    24.9018    USD

LSP Penn Holdings II, LLC

   6/26/2007    BUY    10,500    24.6455    USD

LSP Penn Holdings II, LLC

   6/26/2007    BUY    405,000    24.6455    USD

LSP Penn Holdings II, LLC

   6/27/2007    BUY    282,800    24.6232    USD

LSP Penn Holdings II, LLC

   6/28/2007    BUY    720,900    25.0643    USD

LSP Penn Holdings II, LLC

   6/29/2007    BUY    7,020    24.8862    USD

LSP Penn Holdings II, LLC

   7/3/2007    BUY    133,600    25.5806    USD

LSP Penn Holdings II, LLC

   7/5/2007    BUY    141,100    26.3089    USD

LSP Penn Holdings II, LLC

   7/6/2007    BUY    273,100    27.3959    USD

LSP Penn Holdings II, LLC

   7/6/2007    BUY    273,100    27.3959    USD

LSP Penn Holdings II, LLC

   7/6/2007    SELL    2,700    28.1295    USD