Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2010-08-02 13:00:00
Reporting Period:
Filing Date:
Accepted Time:
2010-08-02 06:01:20
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
1364541 Eagle Rock Energy Partners L P EROC Crude Petroleum & Natural Gas (1311) 680629883
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1032659 A Kenneth Hersh 125 E. John Carpenter Freeway
Suite 600
Irving TX 75062
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Representing Limited Partner Interests Acquisiton 2010-07-30 1,000,000 $0.00 20,083,324 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
  1. On July 30, 2010, Eagle Rock Energy Partners, L.P. (the "Issuer") issued 1,000,000 common units to Eagle Rock Holdings, L.P. ("Holdings") as consideration for the Issuer's exercise of the option to acquire all of the membership interests in Eagle Rock Energy G&P, LLC and all of the limited partner interests in Eagle Rock Energy GP, L.P. from Holdings (collectively, the "Interests"), as described in the Amended and Restated Securities Purchase and Global Transaction Agreement dated January 12, 2010 (the "Agreement").
  2. In accordance with the Agreement, Holdings acquired 1,000,000 common units in exchange for the Interests, which have a market value equal to the closing price of the common units on July 30, 2010, the date the common units were acquired by Holdings.
  3. Natural Gas Partners VII, L.P. ("NGP VII") and Natural Gas Partners VIII, L.P. ("NGP VIII") collectively own a majority of the LP interest in Holdings and control the general partner of Holdings. NGP VII owns a majority of the LP interest in Montierra Minerals & Production, L.P. ("Montierra Minerals") and controls the general partner of Montierra Minerals. NGP VII is the sole member of NGP Income Management, L.L.C. ("NGP Management").
  4. Kenneth A. Hersh may be deemed to share dispositive power over the units held by NGP VII, thus, he may also be deemed to be the beneficial owner of these units. This report is filed in connection with the Form 4 filed today by Holdings, the general partner of Holdings, Montierra Minerals, Montierra Management LLC, NGP VII, NGP VIII and NGP Management.
  5. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.