SCHEDULE 13G/A AMENDMENT NO. 6 (MERIDIAN)
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
SCHEDULE 13G
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*

MERIDIAN RESOURCE CORP.


(Name of Issuer)

COMMON STOCK


(Title of Class of Securities)

58977Q109


(CUSIP Number)

Check the following box if a fee is being paid with the statement[   ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.)

*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 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).

 

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CUSIP NO. 58977Q109   13G   PAGE 2 OF 8 PAGES
               

1   NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
(A) KAYNE ANDERSON CAPITAL ADVISORS, L.P.    –  95-4486379
(B) RICHARD A. KAYNE                                                     –  124-34-0063

2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)    [   ]
  (b)    [X]
        

3   SEC USE ONLY
 

4   CITIZENSHIP OR PLACE OF ORGANIZATION
 
(A)     IS A CALIFORNIA LIMITED PARTNERSHIP
(B)     IS A U.S. CITIZEN

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  5   SOLE VOTING POWER
 
(A) 0
(B) 263,000

  6   SHARED VOTING POWER
 
(A) 3,128,596
(B) 3,128,596

  7   SOLE DISPOSITIVE POWER
 
(A) 0
(B) 263,000

  8   SHARED DISPOSITIVE POWER
 
(A) 3,128,596
(B) 3,128,596

9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON*
 
(A) 3,128,596
(B) 3,391,596

10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
[   ]

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
(A) 6.25%
(B) 6.77%

12   TYPE OF REPORTING PERSON*
 
IA
IN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 

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United States
Securities and Exchange Commission
 
SCHEDULE 13G
AMENDMENT NO. 6

*********************

             
Item 1.      (a)    Issuer:   Meridian Resource Corp.
  (b) Address:   1401 Enclave Parkway, Suite 300
Houston, Texas 77077
 
Item 2. (a) Filing Persons:   Kayne Anderson Capital Advisors, L.P.   Richard A. Kayne
  (b) Addresses:   1800 Avenue of the Stars, 2nd Floor
Los Angeles, CA 90067 Los Angeles, CA 90067
  1800 Avenue of the Stars, 2nd Floor
Los Angeles, CA 90067 Los Angeles, CA 90067
 
  (c) Citizenship:   Kayne Anderson Capital Advisors, L.P.
is a California limited partnership
Richard A. Kayne is a U.S. Citizen
 
  (d)
Title of Class of Services:
  Common Stock
 
  (e) Cusip Number:   58977Q109
 
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), check whether the person filing is a:
 
  (e) Kayne Anderson Capital Advisors, L.P. is an investment adviser registered under section 203 of the Investment Advisers Act of 1940
               
Item 4.      Ownership
 
  (a)    Amount Beneficially Owned:
 
  Five investment limited partnerships   2,895,896  
 
  Managed accounts   232,700  
 
  Richard A. Kayne   263,000  
 
  Total   3,391,596*
 
  (b) Percent of Class:          7.11%

                   
  * Reported shares include 2,142,857 shares which may be acquired upon conversion of Subordinated Notes (the “Notes”). Although the Notes are currently convertible, the conversion price of the Notes is substantially higher than the market value of the common stock. As a result, in addition to the disclaimer above, each of the reporting persons disclaims beneficial ownership of the underlying shares.
 

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United States
Securities and Exchange Commission
 
SCHEDULE 13G
AMENDMENT NO. 6
 
Meridian Resource, Inc. (Issuer)


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 persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following     [   ].

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

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 we certify that, to the best of our knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

 

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United States
Securities and Exchange Commission
 
SCHEDULE 13G
AMENDMENT NO. 6
 
Meridian Resource Corp.


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.

January 31, 2002
Date
 
/S/ Richard A. Kayne
Richard A. Kayne
 

KAYNE ANDERSON CAPITAL ADVISORS, L.P.

By:     Kayne Anderson Investment Management, Inc.

       
  By:  /S/ David J. Shladovsky
 
  David J. Shladovsky, Secretary
 

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JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1)

This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934 (the “Act”) by and between the parties listed below, each referred to herein as a “Joint Filer.” The Joint Filers agree that a statement of beneficial ownership as required by Section 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.

January 31, 2002
Date
 
/S/ Richard A. Kayne
Richard A. Kayne
 

KAYNE ANDERSON CAPITAL ADVISORS, L.P.

By:     Kayne Anderson Investment Management, Inc.

       
  By:  /S/ David J. Shladovsky
 
  David J. Shladovsky, Secretary
 

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United States
Securities and Exchange Commission
 
SCHEDULE 13G
AMENDMENT NO. 6
(cover page)
 
Meridian Resource Corp.


Box 9.      The reported shares are owned by investment accounts (including five investment limited partnerships, one insurance company and an offshore corporation) managed, with discretion to purchase or sell securities, by Kayne Anderson Capital Advisors, L.P., a registered investment adviser.
 
  Kayne Anderson Capital Advisors, L.P. is the general partner of the limited partnerships. Richard A. Kayne is the controlling shareholder of the corporate owner of Kayne Anderson Investment Management, Inc., the general partner of Kayne Anderson Capital Advisors, L.P. Mr. Kayne is a limited partner of each of the limited partnerships. Kayne Anderson Capital Advisors, L.P. is an investment manager of the offshore corporation.
 
  Kayne Anderson Capital Advisors, L.P. disclaims beneficial ownership of the shares reported, except those shares attributable to it by virtue of its general partner interests in the limited partnerships. Mr. Kayne disclaims beneficial ownership of the shares reported, except those shares held by him or attributable to him by virtue of his limited and general partner interests in the limited partnerships and by virtue of his indirect interest in the interest of Kayne Anderson Capital Advisors, L.P. in the limited partnerships.
 
  Reported shares include 2,142,857 shares which may be acquired upon conversion of Subordinated Notes (the “Notes”). Although the Notes are currently convertible, the conversion price of the Notes is substantially higher than the market value of the common stock. As a result, in addition to the disclaimer above, each of the reporting persons disclaims beneficial ownership of the underlying shares.
 

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UNDERTAKING

The undersigned agree jointly to file the attached Statement of Beneficial Ownership on Schedule 13G with the U.S. Securities Exchange Commission and Meridian Resource Corp.

Dated:     January 31, 2002

/S/ Richard A. Kayne
Richard A. Kayne
 

KAYNE ANDERSON CAPITAL ADVISORS, L.P.

By:     Kayne Anderson Investment Management, Inc.

       
  By:  /S/ David J. Shladovsky
 
  David J. Shladovsky, Secretary
 

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