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    SEC Form SC 13G/A filed by Civeo Corporation (Canada) (Amendment)

    2/13/23 8:35:34 AM ET
    $CVEO
    Hotels/Resorts
    Consumer Discretionary
    Get the next $CVEO alert in real time by email
    SC 13G/A 1 ff1751496_13ga1-civeo.htm
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
    SCHEDULE 13G
    (Amendment No. 1)*
    UNDER THE SECURITIES EXCHANGE ACT OF 1934

    Civeo Corporation
    (Name of Issuer)
    Common Shares, no par value
    (Title of Class of Securities)
    17878Y207
    (CUSIP Number)
    December 31, 2022
    (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)
     
    ☑
    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).



    CUSIP No.
     17878Y207

    1
    NAMES OF REPORTING PERSONS
     
     
    The Conversant Opportunity Master Fund LP
     
     
     
     
    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
     
     
    0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    830,055
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    830,055
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    830,055
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.1%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    PN
     
     
     
     


     

    CUSIP No.
     17878Y207

    1
    NAMES OF REPORTING PERSONS
     
     
    Conversant GP 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
     
     
    0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    830,055
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    830,055
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    830,055
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.1%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     



    CUSIP No.
     17878Y207

    1
    NAMES OF REPORTING PERSONS
     
     
    Conversant Capital 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
     
     
    0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    830,055
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    830,055
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    830,055
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.1%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO, IA
     
     
     
     



    CUSIP No.
     17878Y207

    1
    NAMES OF REPORTING PERSONS
     
     
    Michael Simanovsky
     
     
     
     
    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
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    830,055
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    830,055
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    830,055
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.1%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    IN
     
     
     
     




    Item 1(a)
    Name of Issuer
       
      The name of the issuer is Civeo Corporation (the “Company”).

    Item 1(b)
    Address of Issuer’s Principal Executive Offices
       
      The Company’s principal executive offices are located at Three Allen Center, 333 Clay St., Ste. 4980, Houston, TX, 77002.

    Item 2(a)
    Name of Person Filing
       
      This statement is filed by:

     
    (i)
    The Conversant Opportunity Master Fund LP, a Cayman Islands exempted limited partnership (“Opportunity Master”);
         
     
    (ii)
    Conversant GP Holdings LLC, a Delaware limited liability company (“Conversant GP”), which serves as the general partner of Opportunity Master;
         
     
    (iii)
    Conversant Capital LLC, a Delaware limited liability company (“Conversant Capital”), which serves as the investment manager to Opportunity Master; and
         
     
    (iv)
    Michael Simanovsky, an individual, who serves as sole managing member of Conversant GP and Conversant Capital.
         
     
    Opportunity Master, Conversant GP, Conversant Capital, and Mr. Simanovsky are hereinafter sometimes collectively referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
       
     
    The Reporting Persons are filing this statement jointly with respect to the same securities as contemplated by Rule 13d-1(k)(1), not as members of a group.

    Item 2(b)
    Address of Principal Business Office or, if None, Residence
       
      The principal business address for each of the Reporting Persons is 25 Deforest Ave., Summit, NJ 07901.

    Item 2(c)
    Citizenship
       
     
    Opportunity Master is organized under the laws of the Cayman Islands.  Conversant GP and Conversant Capital are organized under the laws of the State of Delaware.  Mr. Simanovsky is a citizen of the United States of America.

    Item 2(d)
    Title of Class of Securities
       
      Common Shares, no par value (“Common Shares”).




    Item 2(e)
    CUSIP No.
       
      The CUSIP number for the Common Shares is 17878Y207.

    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:
       
      Not Applicable

    Item 4.
    Ownership
       
     
    The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.

    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
       
      Not Applicable.

    Item 7.
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
       
      The information in Items 2 and 4 is hereby incorporated by reference.

    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.



    SIGNATURES
    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.

    Dated: February 10, 2023

     
    CONVERSANT OPPORTUNITY MASTER FUND LP
     
     
     
     
     
    By:
    Conversant GP Holdings LLC
     
    /s/ Michael Simanovsky
     
     
     
    Name:  
    Michael Simanovsky
     
     
     
    Title:
    Managing Member
     
     
     
     
     
     
     
     
    CONVERSANT GP HOLDINGS LLC
     
     
     
     
     
    By:
    /s/ Michael Simanovsky
     
     
     
    Name:
    Michael Simanovsky
     
     
     
    Title:
    Managing Member
     
     
     
     
     
     
     
     
    CONVERSANT CAPITAL LLC
     
     
     
     
     
    By:
    /s/ Michael Simanovsky
     
     
     
    Name:
    Michael Simanovsky
     
     
     
    Title:
    Managing Member
     
     
     
     
     
     
    MICHAEL SIMANOVSKY
     
     
     
     
    /s/ Michael Simanovsky
     
     
     
       
     




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