0001483096-12-000006.txt : 20120131 0001483096-12-000006.hdr.sgml : 20120131 20120131172631 ACCESSION NUMBER: 0001483096-12-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120131 DATE AS OF CHANGE: 20120131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHESAPEAKE MIDSTREAM PARTNERS LP CENTRAL INDEX KEY: 0001483096 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 800534394 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34831 FILM NUMBER: 12560216 BUSINESS ADDRESS: STREET 1: 900 NW 63RD CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 BUSINESS PHONE: (405) 935-1500 MAIL ADDRESS: STREET 1: 900 NW 63RD CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 FORMER COMPANY: FORMER CONFORMED NAME: Chesapeake Midstream Partners, L.P. DATE OF NAME CHANGE: 20100202 8-K 1 chkm01312012_8k.htm CURRENT REPORT chkm01312012_8k.htm


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): January 31, 2012 (January 26, 2012)



 
CHESAPEAKE MIDSTREAM PARTNERS, L.P.

(Exact name of Registrant as specified in its Charter)

Delaware
 
001-34831
 
80-0534394
(State or other jurisdiction of incorporation or organization)
 
(Commission File No.)
 
(IRS Employer Identification No.)

900 North West 63rd Street, Oklahoma City, Oklahoma
 
73118
(Address of principal executive offices)
 
(Zip Code)

 
(405) 935-1500
 
 
(Registrant’s telephone number, including area code)
 


 
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))
 



 
 
 
 

Section 8 – Other Events

Item 8.01 Other Events.

On January 26, 2012, Chesapeake Midstream Partners, L.P. issued a press release announcing that the Board of Directors of its general partner declared a cash distribution of $0.39 per limited partner unit for the 2011 fourth quarter.  The distribution will be payable on February 14, 2012 to all unitholders of record at the close of business on February 7, 2012, together with the distribution to the general partner.  A copy of the press release is attached hereto as Exhibit 99.1.

Section 9 – Financial Statements and Exhibits
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.  See “Exhibit Index” attached to this Current Report on Form 8-K, which is incorporated by reference herein.


 
 
 
 

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 thereunto duly authorized.
 
   
CHESAPEAKE MIDSTREAM PARTNERS, L.P.
   
By:  Chesapeake Midstream GP, L.L.C.,
its general partner
     
 
By:
 /s/ David C. Shiels
   
David C. Shiels
Chief Financial Officer

Dated: January 31, 2012

 
 
 
 
EXHIBIT INDEX
 
99.1
Chesapeake Midstream Partners, L.P. Press Release dated January 26, 2012 – Chesapeake Midstream Partners, L.P. Increases Distribution to $0.39 Per Unit for the 2011 Fourth Quarter
 

EX-99.1 2 chkm01312012_991.htm PRESS RELEASE - JANUARY 26, 2012 chkm01312012_991.htm
Exhibit 99.1
 
 News Release
   
     
 FOR IMMEDIATE RELEASE
   
 JANUARY 26, 2012
   
 
 
CHESAPEAKE MIDSTREAM PARTNERS, L.P. INCREASES DISTRIBUTION
 TO $0.39 PER UNIT FOR THE 2011 FOURTH QUARTER

OKLAHOMA CITY, OKLAHOMA, JANUARY 26, 2012 – Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of $0.39 per limited partner unit for the 2011 fourth quarter.  The fourth quarter distribution represents an increase of $0.0525, or 15.6%, compared to the 2010 fourth quarter and represents an increase of $0.015, or 4.0%, compared to the 2011 third quarter.

The distribution will be payable on February 14, 2012 to all unitholders of record at the close of business on February 7, 2012, together with the distribution to the general partner.

J. Mike Stice, Chesapeake Midstream Partners Chief Executive Officer, commented, “I am very pleased to announce the largest distribution increase since the formation of the Partnership.  Our contractual structure allows us to deliver this increase with confidence, even in a very difficult gas price environment.  We are positioned to deliver steady, growing cash flows for investors, and we look forward to continuing to demonstrate this capability in 2012.”

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b).  Please note that 100 percent of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business.  Accordingly, the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Chesapeake Midstream Partners, L.P. (NYSE:CHKM) is the industry’s largest gathering and processing master limited partnership as measured by throughput volume and owns, operates, develops and acquires natural gas gathering systems and other midstream energy assets.  Headquartered in Oklahoma City, the Partnership's operations are focused on the Barnett Shale, Haynesville Shale, Marcellus Shale and Mid-Continent regions of the U.S.  The Partnership’s common units are listed on the New York Stock Exchange under the symbol CHKM.  Further information is available at www.chkm.com where the Partnership routinely posts announcements, updates, events, investor information and presentations and all recent press releases.

This press release includes forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events.  They include but are not limited to future distributions and other statements concerning our business strategy and plans and objectives for future operations.  We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date of this release, and we undertake no obligations to update this information.  Although we believe the expectations and forecasts reflected in these and other forward-looking statements are reasonable, we can give no assurance they will prove to be correct.  They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties.  Factors that could cause actual results to differ materially from expected results are described under “Risk Factors” in our 2010 Annual Report on Form 10-K.



INVESTOR CONTACT:
 
MEDIA CONTACTS:
   
CHESAPEAKE MIDSTREAM PARTNERS, L.P.
Dave Shiels, CFO
 
Michael Kehs
Jim Gipson
 
900 N.W. 63rd
(405) 935-6224
 
(405) 935-2560
(405) 935-1310
 
P.O. Box 18355
dave.shiels@chk.com
 
michael.kehs@chk.com
jim.gipson@chk.com
 
Oklahoma City, OK 73154
 
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