<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the quarterly period ended September 30, 1997
or
( ) TRANSITION REPORT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from________to________
COMMISSION FILE NO. 333-22829
MEWBOURNE ENERGY PARTNERS 97-A, L.P.
Delaware 75-2692499
- ------------------------- ------------------
(State or jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
3901 South Broadway, Tyler, Texas 75701
- -------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code:(903) 561-2900
Not Applicable
(Former name, former address and former fiscal year, if
changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. (X) Yes ( ) No
1
<PAGE> 2
MEWBOURNE ENERGY PARTNERS 97-A, L. P.
Part I - Financial Information
ITEM 1. FINANCIAL STATEMENTS
BALANCE SHEET
September 30, 1997
(Unaudited)
ASSETS
Cash $ 100
-----
Total assets $ 100
=====
PARTNERS' CAPITAL
Partners' capital $ 100
-----
Total Partners' capital $ 100
=====
The accompanying notes are an integral
part of the financial statements.
2
<PAGE> 3
MEWBOURNE ENERGY PARTNERS 97-A, L. P.
STATEMENT OF PARTNERS' CAPITAL
for the period February 17, 1997 (date of inception)
through September 30, 1997
(Unaudited)
Limited & Managing
General General
Partners Partner Total
-------- ------- ---------
Partners' capital at February 17,
1997 (date of Inception) $ - $ - $ -
Contributions $ 100 $ - $ 100
------ ------ ------
Partners' capital at
September 30, 1997 $ 100 $ - $ 100
====== ====== ======
The accompanying notes are an integral
part of the financial statements.
3
<PAGE> 4
MEWBOURNE ENERGY PARTNERS 97-A, L. P.
STATEMENT OF CASH FLOWS
for the period February 17, 1997 (date of inception)
through September 30, 1997
(Unaudited)
Cash flows from financing activities:
Capital contributions from partners $ 100
-----
Cash, end of period $ 100
=====
The accompanying notes are an integral
part of the financial statements.
4
<PAGE> 5
MEWBOURNE ENERGY PARTNERS 97-A, L.P.
NOTES TO FINANCIAL STATEMENTS
(Unaudited)
1. The financial statements reflect all adjustments which are, in the
opinion of management, necessary for a fair statement of results. All
adjustments are of a normal recurring nature.
2. Mewbourne Energy Partners 97-A, L.P. (the "Registrant") was formed
February 17, 1997. As of September 30, 1997, the only financial
activity that had occurred was the receipt of the organizational
contribution of $100. The offering of limited and general partnership
interests began on June 12, 1997. As of October 30, 1997, interests
aggregating $2,250,000 had been sold to 97 subscribers of which
$1,984,000 were sold to 89 subscribers as general partner interests
and $221,000 were sold to 8 subscribers as limited partner interests.
3. From the period commencing February 17, 1997 to September 30, 1997,
the Registrant conducted no business activity. Therefore, there are
no items of income or expense for the reporting period and,
accordingly a statement of income is not provided.
5
<PAGE> 6
ITEM 2. MANAGEMENTS'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS
Mewbourne Energy Partners 97-A, L.P. was formed February 17, 1997. Mewbourne
Development Corporation is the Managing Partner, and has the power and
authority to manage, control and administer all partnership affairs. As of
September 30, 1997, the only financial activity which had occurred was the
receipt of the organizational contribution of $100. The offering of limited
and general partnership interests began on June 12, 1997. As of October 30,
1997, interests aggregating $2,205,000 had been sold to 97 subscribers of which
$1,984,000 were sold to 89 subscribers as general partner interests and
$221,000 were sold to 8 subscribers as limited partner interests.
RESULTS OF OPERATIONS
The Registrant had not commenced operations prior to the period ended September
30, 1997, therefore, no trend analysis based on quarterly changes in results of
operations is available.
LIQUIDITY AND CAPITAL RESOURCES
The Registrant was formed on February 17, 1997, and the organizational
contribution of $100 in cash was contributed to the Registrants's capital.
During the period after formation that ended September 30, 1997, there was no
increase in cash and there were no distributions to partners.
Part II - Other Information
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits - 27 Financial Data Schedule
(b) Reports on Form 8-K - none
6
<PAGE> 7
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 thereunto duly authorized.
MEWBOURNE ENERGY PARTNERS 97-A, L.P.
By: Mewbourne Development Corporation
Managing General Partner
Date: October 30, 1997 By: /s/ J. Roe Buckley
------------------------------
J. Roe Buckley, Treasurer
and Chief Financial Officer
7
<PAGE> 8
Index to Exhibits
Exhibit No. Description
----------- -----------
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 8-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> FEB-17-1997
<PERIOD-END> SEP-30-1997
<CASH> 100
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 100
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 100
<CURRENT-LIABILITIES> 0
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 100
<TOTAL-LIABILITY-AND-EQUITY> 100
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 0
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
