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):  May 30, 2008 (May 27, 2008)

 

Hiland Partners, LP

(Exact name of registrant as specified in its charter)

 

DELAWARE

 

000-51120

 

71-0972724

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification
No.)

 

205 West Maple, Suite 1100
Enid, Oklahoma 73701

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code (580) 242-6040

 

 

(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:

 

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 8.01. Other Events

 

On May 27, 2008, Hiland Partners, LP (the “Partnership”) entered into natural gas swaps adding to its hedges for forecasted natural gas sales in calendar year 2010.  The swap transaction has the Partnership paying its counterparty a floating price equal to the NYMEX Henry Hub Natural Gas last day settle and receiving a fixed price of $10.50 per MMBtu for each month during calendar year 2010.

 

A copy of the Partnership’s press release announcing its entry into the swap agreement is attached as Exhibit 99.1 to this current report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

EXHIBIT NUMBER

 

DESCRIPTION

 

 

 

99.1

 

Press Release issued by Hiland Partners, LP on May 29, 2008.

 

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.

 

 

HILAND PARTNERS, LP

 

 

 

By:

Hiland Partners GP, LLC,

 

 

its General Partner

 

 

 

 

 

By:

/s/ Matthew S. Harrison

 

 

Name:

Matthew S. Harrison

 

 

Title:

Chief Financial Officer, Vice President and
Secretary

May 30, 2008

 

 

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INDEX TO EXHIBITS

 

EXHIBIT NUMBER

 

DESCRIPTION

 

 

 

99.1

 

Press Release issued by Hiland Partners, LP on May 29, 2008.

 

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