-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N1W0SR+OTWrgh7CfiDMMjBGqejILGB4NmN6iXUJsyzZua+DU0YCMEYpytjXsFEAb 3GsjpndOYNaWj4q8l7b+pQ== 0001061219-00-000019.txt : 20000321 0001061219-00-000019.hdr.sgml : 20000321 ACCESSION NUMBER: 0001061219-00-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000320 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERPRISE PRODUCTS PARTNERS L P CENTRAL INDEX KEY: 0001061219 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760568219 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14323 FILM NUMBER: 573519 BUSINESS ADDRESS: STREET 1: 2727 NORTH LOOP WEST CITY: HOUSTON STATE: TX ZIP: 77008 BUSINESS PHONE: 7138806500 8-K 1 FORM 8-K, CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------- FORM 8-K ----------- CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of report: March 20, 2000 Commission file number: 1-14323 ENTERPRISE PRODUCTS PARTNERS L.P. (Exact name of registrant as specified in its charter) DELAWARE 76-0568219 (State or other Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or Organization) 2727 NORTH LOOP WEST, HOUSTON, TEXAS 77008-1037 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code : (713) 880-6500 ITEM 5. OTHER EVENTS. On March 20, 2000, the Company announced that the Neptune natural gas processing plant had commenced commercial operations. Neptune, with the capacity to process 300 million cubic feet per day ("MMcfd") of natural gas, is located in St. Mary Parish, Louisiana and processes natural gas that is transported on the Nautilus pipeline system. Enterprise operates the plant and has a 66 percent ownership interest, with Marathon Oil Company holding the remaining 34 percent interest. A copy of the Company's press release announcing the commencement of operations is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c ) Exhibits. 99.1 Press Release dated March 20, 2000. - -------------------------------------------------------------------------------- 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. ENTERPRISE PRODUCTS PARTNERS L.P. (A Delaware Limited Partnership) By: ENTERPRISE PRODUCTS GP, LLC, as General Partner Date: March 20, 2000 By: /s/ Gary L. Miller __________________________________________ Name: Gary L. Miller Title: Executive Vice President and Chief Financial Officer of Enterprise Products GP, LLC - -------------------------------------------------------------------------------- EXHIBIT INDEX EXHIBIT NUMBER EXHIBIT DESCRIPTION 99.1 Press Release dated March 20, 2000. EXHIBIT 99.1 NEPTUNE NATURAL GAS PROCESSING PLANT COMMENCES OPERATIONS Houston, Texas (March 20, 2000) - Enterprise Products Partners L.P. (NYSE: EPD) announced that the Neptune natural gas processing plant has commenced commercial operations. Neptune, with the capacity to process 300 million cubic feet per day ("MMcfd") of natural gas, is located in St. Mary Parish, Louisiana and processes natural gas that is transported on the Nautilus pipeline system. Enterprise operates the plant and has a 66 percent ownership interest, with Marathon Oil Company, a part of the USX-Marathon Group (NYSE: MRO), a unit of USX Corporation, holding the remaining 34 percent interest. Neptune is currently processing approximately 200 MMcfd of natural gas originating primarily from deepwater Gulf of Mexico developments. The plant is yielding 16,000 barrels per day of natural gas liquids ("NGLs") which are transported via pipeline to the Promix fractionator, in which Enterprise owns a 33 1/3 percent interest, for separation into NGL products. The Neptune plant is designed to recover in excess of 85 percent of the ethane and virtually 100 percent of the propane, butanes and natural gasoline present in the natural gas stream. At maximum capacity, the plant can produce more than 25,000 barrels per day of NGLs. Enterprise Products Partners L.P., with an enterprise value of approximately $2 billion, is one of the leading midstream energy service companies in North America, providing the complete services of processing, fractionation, transportation and storage to producers of NGLs and consumers of NGL products. This press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the company, as well as assumptions made by, and information currently available to, management. Although Enterprise believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Contacts: Enterprise Products Partners L.P. Marathon Oil Company Randy Fowler Diana Trimble Director of Investor Relations Public Affairs Administrator (713) 880-6694, www.epplp.com (713) 296-3908 -----END PRIVACY-ENHANCED MESSAGE-----