UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of
1934
Date
of Report (Date of earliest event reported): October 5,
2006
DCP
MIDSTREAM PARTNERS, LP
(Exact
name of registrant as specified in its charter)
|
DELAWARE
|
001-32678
|
03-0567133
|
|
(State
or other jurisdiction of
|
(Commission
File Number)
|
(IRS
Employer
|
|
incorporation)
|
Identification
No.)
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370
17th Street, Suite 2775
Denver,
Colorado 80202
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code (303)
633-2900
(Former
name or former address, if changed since last report.)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
£ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
£ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
£ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
£ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02 Departure of Directors or Principal Officers
On
October 5, 2006, DCP Midstream Partners, LP (the “Partnership”) issued a press
release announcing that Michael J. Bradley, President and Chief Executive
Officer of
the
Partnership's general partner, and a member of its board of directors, is
resigning from those positions effective October 31, 2006.
There
was no disagreement between Mr. Bradley and the Partnership regarding any matter
relating to the Partnership’s operations, policies or practices.
The
press
release announcing Mr. Bradley’s resignation is attached hereto as Exhibit
99.1.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit
Number
|
Description
|
|
|
Exhibit
99.1
|
Press
Release dated October 5, 2006.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
DCP
MIDSTREAM PARTNERS, LP
By: DCP
MIDSTREAM GP, LP
its
General Partner
By: DCP
MIDSTREAM GP, LLC
its
General Partner
By: /s/
Michael S. Richards
Name:Michael
S. Richards
Title:Vice
President, General Counsel and Secretary
October
5, 2006
EXHIBIT
INDEX
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Exhibit
Number
|
Description
|
|
|
Exhibit
99.1
|
Press
Release dated October 5, 2006.
|
|
October
5, 2006
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MEDIA
AND INVESTOR RELATIONS CONTACT:
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Karen
Taylor
|
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Phone:
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303/633-2913
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24-Hour:
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303/809-9160
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CHIEF
EXECUTIVE OFFICER TO DEPART
DENVER
-
DCP Midstream Partners, LP (NYSE: DPM; the Partnership) today announced that
Michael J. Bradley, the President and Chief Executive Officer of the
Partnership’s general partner, and a member of its board of directors, is
resigning from those positions to join Matrix Service Company (Nasdaq: MTRX)
as
President and Chief Executive Officer. Matrix Service Company of Tulsa, Oklahoma
provides general industrial construction and repair and maintenance services
principally to the petroleum, petrochemical, power, bulk storage terminal,
pipeline and industrial gas industries. Bradley has agreed to remain with the
Partnership in his current positions through October 31, 2006.
“We
want
to thank Mike for his leadership and significant contributions to the
Partnership beginning with the Partnership’s formation and initial public
offering through the Partnership’s first year. Mike’s business insights and
talents are very much appreciated and we wish Mike the best of luck in his
new
endeavor,” said Jim W. Mogg, Chairman of the board of directors. “We will
immediately commence an effort to secure a replacement.”
DCP
Midstream Partners, LP (NYSE: DPM) is a midstream master limited partnership
that gathers, treats, compresses, processes, transports and markets natural
gas
and produces, transports and markets natural gas liquids. DCP Midstream
Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which
is
wholly owned by Duke Energy Field Services, a joint venture between Duke Energy
and ConocoPhillips. For more information, visit the DCP Midstream Partners,
LP
Web site at http://www.dcppartners.com.
2
This
press release contains forward-looking statements as defined under the federal
securities laws regarding DCP Midstream Partners including projections,
estimates, forecasts, plans and objectives. These statements are based on
management’s current projections, estimates, forecasts, plans and objectives and
are not guarantees of future performance. In addition, these statements are
subject to certain risks, uncertainties and other assumptions that are difficult
to predict and may be beyond our control. These risks and uncertainties include,
but are not limited to, changes in laws and regulations impacting the gathering
and processing industry, the level of creditworthiness of the Partnership’s
counterparties, the Partnership’s ability to access the debt and equity markets,
the Partnership’s use of derivative financial instruments to hedge commodity and
interest rate risks, the amount of collateral required to be posted from time
to
time in the Partnership’s transactions, changes in commodity prices, interest
rates, demand for the Partnership’s services, weather and other natural
phenomena, industry changes including the impact of consolidations and changes
in competition, the Partnership’s ability to obtain required approvals for
construction or modernization of the Partnership’s facilities and the timing of
production from such facilities, and the effect of accounting pronouncements
issued periodically by accounting standard setting boards. Therefore, actual
results and outcomes may differ materially from what is expressed in such
forward-looking information.
In
light of these risks, uncertainties and assumptions, the events described in
the
forward-looking statements might not occur or might occur to a different extent
or at a different time than the Partnership has described. The Partnership
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Information contained in this press release is unaudited, and is subject to
change.