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): December 23, 2010
PAA Natural Gas Storage, L.P.
(Exact name of registrant as specified in its charter)
| |
|
|
|
|
|
DELAWARE
(State or other jurisdiction of
incorporation)
|
|
1-34722
(Commission File Number)
|
|
27-1679071
(IRS Employer Identification No.) |
333 Clay Street, Suite 1500, Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code 713-646-4100
(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 5.02 |
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 23, 2010, Arthur L. Smith was elected to the board of directors of the
registrant’s general partner, PNGS GP LLC, by Plains All American Pipeline, L.P. (“PAA”), which is
the sole member of PNGS GP LLC. It is anticipated that Mr. Smith, who previously served as a
director of PAA’s general partner, will be entitled to receive the same compensation payable to
independent directors of PNGS GP LLC generally. He is expected to be appointed to the audit
committee.
Mr. Smith is President and Managing Member of Triple Double Advisors, LLC, an investment
advisory firm focused on the energy industry. For nearly 25 years, Mr. Smith served as Chairman
and Chief Executive Officer of John S. Herold, Inc. (a petroleum research and consulting firm).
Mr. Smith’s previous experience includes working as a securities analyst with Argus Research Corp.,
The First Boston Corporation and Oppenheimer & Co., Inc. From 1999 until 2010, Mr. Smith served as
a member of the board of the general partner of PAA.
|
|
|
| Item 7.01 |
|
Regulation FD Disclosure. |
In accordance with General Instruction B.2 of Form 8-K, the information presented under this
Item 7.01 shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act
of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such
information be deemed incorporated by reference into any filing under the Securities Act of 1933 or
the Securities Exchange Act of 1934, each as amended.
On December 23, 2010, the Registrant issued a press release announcing changes in its Board of
Directors. A copy of the press release is furnished as Exhibit 99.1 hereto.
|
|
|
| Item 9.01. |
|
Financial Statements and Exhibits. |
| |
(d) |
|
Exhibits |
| |
| |
|
|
Exhibit 99.1 — Press Release dated December 23, 2010. |