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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: October 18, 2002
(Date of Earliest Event Reported: October 18, 2002)
EL PASO ENERGY PARTNERS, L.P.
(Exact name of Registrant as specified in its charter)
Delaware 1-11680 76-00396023
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification No.)
incorporation)
El Paso Building
1001 Louisiana Street
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 420-2600
Item 5. Other Events
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On October 18, 2002, we announced changes in our Board of
Directors and executive management. A copy of our press release
is attached as Exhibit 99.1 and is incorporated herein by
reference.
Item 7. Financial Statements, ProForma Financial Information and Exhibits
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c) Exhibits.
Exhibit Number Description
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99.1 Press Release dated October 18, 2002.
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.
EL PASO ENERGY PARTNERS, L.P.
By: El Paso Energy Partners Company
Its General Partner
By: /s/ D. Mark Leland
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D. Mark Leland
Senior Vice President and
Controller
(Principal Accounting Officer)
Date: October 18, 2002
EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release dated October 18, 2002.
EXHIBIT 99.1
EL PASO ENERGY PARTNERS NEWS
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El Paso Energy Partners, L.P.
P.O. Box 2511
Houston, Texas 77252-2511
EL PASO ENERGY PARTNERS ANNOUNCES BOARD OF DIRECTORS CHANGES
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HOUSTON, TEXAS, OCTOBER 18, 2002-El Paso Energy Partners, L.P.
(NYSE:EPN) announced today several changes to its Board of
Directors, designed to align the partnership with certain corporate
governance recommendations recently announced by the New York Stock
Exchange. Robert G. Phillips has been elected Chairman of the Board
of Directors of El Paso Energy Partners Company, the general partner
of El Paso Energy Partners, L.P. Mr. Phillips has served as a
director of El Paso Energy Partners Company since August 1998 and as
its chief executive officer since September 1999. The Board has
also accepted the resignations of William A. Wise, H. Brent Austin,
and Malcolm Wallop. Messrs. Wise and Wallop currently serve as
directors of El Paso Corporation (NYSE:EP), the indirect general
partner of El Paso Energy Partners, L.P., and Mr. Austin was
recently elected president and chief operating officer of El Paso
Corporation.
El Paso Energy Partners, L.P. is one of the largest publicly
traded master limited partnerships with interests in a diversified
set of midstream assets, including onshore and offshore natural gas
and oil pipeline; offshore production platforms; natural gas
storage and processing facilities and natural gas liquids
fractionation, transportation, and storage and terminal assets.
Visit El Paso Energy Partners on the web at www.elpasopartners.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
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This release contains forward-looking statements and
projections made in reliance on the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. El Paso Energy
Partners has made every reasonable effort to ensure that the
information and assumptions on which these statements and
projections are based are current, reasonable, and complete.
However, a variety of factors could cause actual results to differ
materially from the projections, anticipated results, or other
expectations expressed in this presentation, including, without
limitation, oil and natural gas prices; continued drilling,
exploration and production activity in the United States and areas
of the Gulf of Mexico serviced by El Paso Energy Partners;
integration of acquisitions; and successful negotiation of customer
contracts on its pipelines, platforms, and storage facilities.
While the partnership makes these statements and projections in good
faith, neither the partnership, nor its management can guarantee
that the anticipated future results will be achieved. Reference
should be made to El Paso Energy Partners' (and its affiliates')
Securities and Exchange Commission filings for additional important
factors that may affect actual results. The partnership assumes no
obligation to publicly update or revise any forward-looking
statements made herein or any other forward-looking statements made
by the partnership, whether as a result of new information, future
events, or otherwise.
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CONTACTS:
Communications and Government Affairs Investor Relations
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Norma F. Dunn Sandra M. Ryan
Senior Vice President Director
Office: (713) 420-3750 Office: (832) 676-5371
Fax: (713) 420-3632 Fax: (832) 676-1195