Sec Form 13D Filing - Macquarie Americas Corp. filing for SARATOGA RESOURCES INC (SARA) - 2008-07-24

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. )*

SARATOGA RESOURCES, INC.
(Name of Issuer)

Common Stock, $0.001 Par Value
(Title of Class of Securities)

803521103
(CUSIP Number)

Macquarie Americas Corp.
125 W. 55th Street, 22nd Floor
New York, NY 10019

Telephone No. 212-231-1000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

Copy to:
Anthony Lennon
Macquarie Americas Corp.
125 W. 55th Street, 22nd Floor
New York, NY 10019

Telephone No. 212-231-2083
Facsimile No. 212-281-2177

July 14, 2008
(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 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 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).

Item 1. Security and Issuer.

     The class of equity securities to which this Statement on Schedule 13D relates is the common stock, $0.001 par value (the “Common Stock”), of Saratoga Resources, Inc. (the “Issuer”), a Texas corporation having its principal executive offices at 2304 Hancock Drive, Suite 5, Austin, Texas 78756.

Item 2. Identity and Background.

     This statement on Schedule 13D is being filed by Macquarie Americas Corp. (“MAC”), a Delaware corporation. MAC’s principal business is investing and financial services. MAC has its principal offices at 125 W. 55th Street, 22nd Floor, New York, NY 10019.

     During the last five years, MAC has not 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 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.

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

     MAC acquired the Common Stock as a result of the Issuer’s acquisition of Harvest Oil & Gas, LLC and The Harvest Group, LLC (together “Harvest”) in order to effectuate the full and complete release by MAC of all net profits overriding royalty interests and overriding royalty interests owned by MAC affecting Harvest’s properties.

Item 4. Purpose of Transaction.

     MAC acquired beneficial ownership of the Common Stock in order to effectuate the full and complete release by MAC of all net profits overriding royalty interests and overriding royalty interests owned by MAC affecting Harvest’s properties. MAC intends to hold the Common Stock solely for investment purposes.

     Other than as set forth herein or in the Termination Agreement dated July 11, 2008, by and among Harvest, Macquarie Bank Limited and MAC, MAC currently has no plans or proposals that relate to or would result in any of the actions enumerated in paragraphs (a) through (j) of Item 4 of Schedule 13D. However, MAC reserves the right to change its plans at any time, as it deems appropriate, in light of its ongoing evaluation of (a) its business and liquidity objectives, (b) the Issuer’s financial condition, business, operations, competitive position, prospects and/or share price, (c) industry, economic and/or securities markets conditions, (d) alternative investment opportunities, and (e) other relevant factors. Without limiting the generality of the preceding sentence, MAC reserves the right (in each case, subject to any applicable restrictions under law or contract) to at any time or from time to time (i) purchase or otherwise acquire additional securities of the Issuer, or instruments convertible into or exercisable for any such securities (collectively, “Issuer Securities”), in the open market, in privately negotiated transactions, by takeover bid or otherwise, (ii) sell, transfer or otherwise dispose of Issuer Securities in public or private transactions, (iii) cause Issuer Securities to be distributed in kind to

its investors, (iv) encourage (including, without limitation, through communications with directors, management, and existing or prospective security holders, investors or lenders of the Issuer, existing or potential strategic partners, industry analysts and other investment and financing professionals) the Issuer to consider or explore (A) sales or acquisitions of assets or businesses or other extraordinary corporate transactions, such as a takeover bid or scheme of arrangement (including transactions in which MAC and/or its affiliates may be proposed as acquirors), or (B) other changes to the Issuer’s business or structure.

Item 5. Interest in Securities of the Issuer.

(a) 3,300,000 shares of Common Stock of the Issuer are owned beneficially by MAC, constituting 19.6% of such shares outstanding.

(b) Number of shares as to which MAC has:

(i) sole power to vote or to direct the vote – 3,300,000
(ii) shared power to vote or to direct the vote – 0
(iii) sole power to dispose of or to direct the disposition of – 3,300,000
(iv) shared power to dispose of or to direct the disposition of – 0

(c) Except as disclosed below, MAC has not effected any transaction in the Common Stock during the past 60 days.

(d) Not applicable.

(e) Not applicable.

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

     Except as set forth in Item 4 above, MAC does not have any contract, arrangement, understanding or relationship (legal or otherwise) with any person with respect to any securities of the Issuer.

Item 7. Material to be Filed as Exhibits.

     None.

SIGNATURES

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

Date: July 24, 2008