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): July 11, 2012

 

NGL ENERGY PARTNERS LP

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-35172

 

27-3427920

(State or other jurisdiction of
incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

6120 South Yale Avenue
Suite 805
Tulsa, Oklahoma 74136

(Address of principal executive offices) (Zip Code)

 

(918) 481-1119

(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:

 

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 3.01.  Material Modification to Rights of Security Holders.

 

The information set forth in Item 5.03 of this Current Report on Form 8-K is incorporated into this Item 3.03 by reference.

 

Item 5.03.  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On July 11, 2012, NGL Energy Holdings LLC (the “General Partner”), the general partner of NGL Energy Partners LP (the “Partnership”), amended the Second Amended and Restated Agreement of Limited Partnership of the Partnership (as previously amended, the “Partnership Agreement”), dated as of May 10, 2011, by entering into the Fourth Amendment to the Partnership Agreement (the “Amendment”).  As agreed to in the Agreement and Plan of Merger, dated as of May 18, 2012, by and among the Partnership, the General Partner, HSELP LLC, High Sierra Energy, LP and High Sierra Energy GP, LLC (the “Merger Agreement”), the Amendment provides for (i) the waiver of distributions for the quarter ended March 31, 2012 on the common units representing limited partnership interests in the Partnership (the “Common Units”) issued pursuant to the Merger Agreement and (ii) the payment of one-third of the distribution for the quarter ended June 30, 2012 on the Common Units issued pursuant to the Merger Agreement.

 

The description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and which is incorporated into this Item 5.03 by reference.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

 

Description

3.1

 

Fourth Amendment to Second Amended and Restated Agreement of Limited Partnership of NGL Energy Partners LP, dated July 11, 2012.

 

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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.

 

 

NGL ENERGY PARTNERS LP

 

 

 

 

 

By:

NGL Energy Holdings LLC,
its general partner

 

 

 

 

 

 

Date: July 17, 2012

 

By:

/s/ Craig S. Jones

 

 

 

Craig S. Jones
Chief Financial Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

3.1

 

Fourth Amendment to Second Amended and Restated Agreement of Limited Partnership of NGL Energy Partners LP, dated July 11, 2012.

 

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