DCP Midstream Partners, LP 8-K 2007
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 19, 2007
DCP MIDSTREAM PARTNERS, LP
(Exact name of registrant as specified in its charter)
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:
Item 5.02 Election of Directors
On December 19, 2007, DCP Midstream Partners, LP (the “Partnership”) issued a press release announcing the appointment of Thomas C. O’Connor and Willie C.W. Chiang to the Board of Directors of the Partnership’s ultimate general partner, DCP Midstream GP, LLC (the “General Partner”) effective December 19, 2007.
Mr. O’Connor currently serves as Chairman of the Board, President and CEO of DCP Midstream, LLC, the sole owner of the General Partner and Mr. Chiang currently serves as Senior Vice President, Commercial of ConocoPhillips, an affiliate of DCP Midstream, LLC. There is no arrangement or understanding between Mr. O’Connor or Mr. Chiang and any other persons pursuant to which either of them were selected as a director. The Board of Directors of the General Partner did not name Mr. O’Connor or Mr. Chiang to any committees of the Board of Directors at this time.
The General Partner serves as the ultimate general partner of the Partnership, holding a general partner interest in the Partnership. DCP Midstream, LLC currently owns 100% of the General Partner, which allows it to control the Partnership, and owns a 33.9% limited partner interest in the Partnership. DCP Midstream, LLC is a joint venture equally owned by Spectra Energy Corp. and ConocoPhillips. For relationships between the Partnership, the General Partner, DCP Midstream, LLC and its affiliates, please read Item 13 “Certain Relationships and Related Transactions, and Director Independence”, which is incorporated herein by reference from the Partnership’s annual report on Form 10-K, filed with the Securities and Exchange Commission on March 14, 2007.
The press release announcing these changes is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
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.
December 20, 2007