1371727--4/2/2007--MV_Partners

related topics

{gas, price, oil}

{cost, regulation, environmental}

The amount of cash flow that MV Partners can generate is subject to fluctuation as a result of changes in oil, natural gas and natural gas liquid prices. Actual reserves and future net revenues may be less than current estimates of proved reserves, which could reduce cash distributions by the trust and the value of the trust units. Risks associated with the production, gathering, transportation and sale of oil, natural gas and natural gas liquids could adversely affect the results of operations of MV Partners. Shortages of oil field equipment, services and qualified personnel available to MV Partners could reduce the amount of cash available for distribution. The operations of the properties comprising the underlying properties may result in significant costs and liabilities with respect to environmental and operational safety matters, which could reduce the amount of cash available for distribution to trust unitholders. The operations of the properties comprising the underlying properties are subject to complex federal, state, local and other laws and regulations that could adversely affect the cash distributions to the trust unitholders. The receipt by MV Partners of payments based on the hedge contracts depends upon the financial position of the hedge contract counterparties. A default by any of the hedge contract counterparties could reduce the amount of cash received by MV Partners upon settlement of the hedge contract.

Full 10-K form ▸

1371727--4/2/2007--MV_Partners_LLC