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): OCTOBER 27, 2004
NORTHERN BORDER PARTNERS, L.P.
(Exact name of registrant as specified in its charter)
Delaware 1-12202 93-1120873
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
13710 FNB Parkway
Omaha, Nebraska 68154-5200
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (402) 492-7300
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(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:
[ ] 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))
ITEM 7.01 REGULATION FD DISCLOSURE.
As previously announced, Enron Corp has agreed to sell CrossCountry
Energy, LLC ("CrossCountry Energy") to CCE Holdings, LLC ("CCE Holdings"), a
joint venture between Southern Union Company and GE Commercial Finance Energy
Financial Services. On September 16, 2004, Southern Union Company and ONEOK,Inc.
each announced that ONEOK had entered into an agreement to purchase Northern
Plains Natural Gas Company, Pan Border Gas Company and NBP Services Corporation
(collectively the "Transfer Group Companies") from CCE Holdings.
CCE Holdings has advised us that Stanley C. Horton, CrossCountry
Energy's current President and Chief Executive Officer, will accept a position
with CCE Holdings upon the closing of its acquisition of CrossCountry Energy. As
Mr. Horton currently is a member of our Partnership Policy Committee, a member
of the Management Committee of Northern Border Pipeline Company and the Chairman
of the Board of the Transfer Group Companies, upon the closing of
CCE Holdings' sale of the Transfer Group Companies to ONEOK, a new member of the
Policy Committee and Management Committee will be appointed to replace Mr.
Horton. On or prior to the closing, it is anticipated that a transition
agreement will be entered into between CrossCountry Energy and ONEOK that will
provide for certain services for a period of time to the Transfer Group
Companies. The Transfer Group Companies in turn provide administrative and
operational services to us.
The information in Item 7.01 of this report is being furnished, not
filed, pursuant to Regulation FD. Accordingly, the information in Item 7.01 of
this report will not be incorporated by reference into any registration
statement filed by the Partnership under the Securities Act of 1933, as amended,
unless specifically identified therein as being incorporated therein by
reference.
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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.
NORTHERN BORDER PARTNERS, L.P.
Date: October 29, 2004 By: /s/ Jerry L. Peters
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Name: Jerry L. Peters
Title: Chief Financial and Accounting Officer
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