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): September 2, 2009
Commission File No. 1-10403
TEPPCO Partners, L.P.
(Exact name of Registrant as specified in its charter)
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Delaware |
76-0291058 | |||
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(State or other jurisdiction |
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(I.R.S. Employer | ||
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of incorporation) |
Identification Number) |
1100 Louisiana Street, Suite 1600
Houston, Texas 77002
(Address of principal executive offices, including zip code)
(713) 381-3636
(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 (see General Instruction A.2.):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 2, 2009, Samuel N. Brown notified management of TEPPCO Partners, L.P. (the “Partnership”) of his resignation from the position of Vice President, Commercial Downstream of Texas Eastern Products Pipeline Company, LLC, the general partner of the Partnership, effective
September 16, 2009.
A copy of the news release relating to this disclosure is furnished herewith as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The information in Exhibit 99.1 is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Securities Exchange Act
of 1934 or the Securities Act of 1933 if and to the extent such subsequent filing specifically references the information as being incorporated by reference therein.
99.1 Press Release of TEPPCO Partners, L.P., dated September 3, 2009
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SIGNATURE |
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.
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TEPPCO PARTNERS, L.P. | |||
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By: Texas Eastern Products Pipeline Company, LLC
General Partner | |||
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Date: September 3, 2009 |
By: |
/s/ Patricia A. Totten | |
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Patricia A. Totten | ||
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Vice President, General Counsel and Secretary | ||
EXHIBIT 99.1
| September 3, 2009 | CONTACTS: | Investor Relations – Mark G. Stockard |
| Phone: 713/381-4707 | ||
| Toll Free: 800/659-0059 | ||
| Media Relations – Rick Rainey | ||
| Phone: 713/381-3636 |
TEPPCO ANNOUNCES RESIGNATION OF
DOWNSTREAM BUSINESS SEGMENT VICE PRESIDENT
HOUSTON – TEPPCO Partners, L.P. (NYSE: TPP) today announced that Samuel N. Brown, vice president, Commercial Downstream of Texas Eastern Products Pipeline Company, LLC, the general partner of TEPPCO, has submitted his resignation which will be effective September 16, 2009.
“On behalf of the partnership and its board of directors, I would like to express our appreciation to Sam for his dedicated service and leadership, which have been instrumental in expanding our service offerings to customers and building value for investors,” said Jerry E. Thompson, president and chief executive officer of TEPPCO’s
general partner. “We wish Sam well in his future endeavors.”
TEPPCO Partners, L.P., is a publicly traded energy logistics partnership with operations that span much of the continental United States. TEPPCO owns and operates an extensive network of assets that facilitate the movement, marketing, gathering and storage of various commodities and energy-related products. The partnership’s
midstream network is comprised of approximately 12,500 miles of pipelines that gather and transport refined petroleum products, crude oil, natural gas, liquefied petroleum gases (LPGs) and natural gas liquids, and includes one of the largest common carrier pipelines for refined petroleum products and LPGs in the United States. TEPPCO’s storage assets include approximately 27 million barrels of capacity for refined petroleum products and LPGs and about 14 million barrels of capacity for crude
oil. TEPPCO also
owns a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems, and in the Gulf of Mexico. For more information, visit TEPPCO’s website at www.teppco.com. Texas Eastern Products Pipeline
Company, LLC, the general partner of TEPPCO Partners, L.P., is owned by Enterprise GP Holdings L.P. (NYSE:EPE).
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