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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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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 19, 2007
EAGLE ROCK ENERGY PARTNERS, L.P.
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(Exact name of Registrant as specified in its charter)
Delaware 001-33016 68-0629883
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(State or other jurisdiction of Commission (I.R.S. Employer
incorporation or organization) File Number Identification No.)
16701 Greenspoint Park Drive, Suite 200
Houston, Texas 77060
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(Address of principal executive offices) (Zip Code)
(281) 408-1200
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(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))
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Item 8.01. Other Events.
On September 13, 2007, Eagle Rock Energy Partners, L.P. ("Eagle Rock" or the
"Partnership"), pursuant to its stated strategy of mitigating its commodity
price exposure and reducing the volatility in its cash flows, entered into a WTI
crude oil swap for 2008 on 80,000 barrels per month at a swap price of $73.90.
Eagle Rock also entered into WTI crude oil collars to reverse out-of-the-money
collars for 2008 production of the same 80,000 barrels per month, at a cost of
approximately $9.1 million. The combined impact of these two transactions was to
raise Eagle Rock's floor on those volumes by $23.90 per barrel while at the same
time raising its cap by $6.51 per barrel to its swap price of $73.90.
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 thereunto duly authorized.
EAGLE ROCK ENERGY PARTNERS, L.P.
By: Eagle Rock Energy GP, L.P., its
general partner
By: Eagle Rock Energy G&P, LLC, its
general partner
Date: September 19, 2007 By: /s/ Alfredo Garcia
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Alfredo Garcia
Senior Vice President, Corporate
Development