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FORM 4 OMB APPROVAL
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[ ] CHECK THIS BOX IF NO OMB Number: 3235-0287
LONGER SUBJECT TO Expires: December 31, 2001
SECTION 16. FORM 4 Estimated average burden
OR FORM 5 OBLIGATIONS hours per response.... 0.5
MAY CONTINUE. SEE --------------------------
INSTRUCTION 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
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<S> <C> <C> <C> <C> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Coral Energy, LLC Enterprise Products Partners L.P. - EPD (NYSE) to Issuer (Check all applicable)
--------------------------------------------- ---------------------------------------------- Director x 10% Owner
(Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- ---
Number of Reporting Month/Year Officer (give Other (Specify
1301 McKinney, Suite 700 Person, if an entity 08/00 ---- title --- below)
--------------------------------------------- (voluntary) ------------------- below)
(Street) 5. If Amendment,
Houston Texas 77010 Date of Original
--------------------------------------------- -------------------- (Month/Year) --------------------------------
(City) (State) (Zip) 7. Individual or Joint/Group Filing
------------- (Check Applicable Line)
Form filed by One Reporting
--- Person
x Form filed by More than One
--- Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ ------------------------------------ Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Common Units 8-1-00 C 1,000,000 A N/A 1,000,000 D**
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (3-99)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS
A CURRENTLY VALID OMB CONTROL NUMBER.
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Page 1 of 7
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<TABLE>
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Class A Special Units 1-for-1 08/01/00 J(1) 3,000,000 (1) Common 3,000,000 (1)
Units
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Class A Special Units 1-for-1 08/01/00 C 1,000,000 Immed. Common 1,000,000
Units
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<CAPTION>
<C> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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D(2)
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16,500,000 D(2)
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Explanation of Responses:
(1) Under the terms of the Second Amended and Restated Agreement of Limited Partnership of Enterprise
Products Partners L.P. (the "Partnership Agreement"), Coral Energy has met certain performance
tests and earned 3 million Class A Special Units. The Class A Special Units will convert, subject
to approval of the Common Unit Holders, into Common Units under the terms of the Partnership
Agreement as follows: 5,000,000 on the first day following the record date for distribution for the
quarter ended June 30, 2001; 9,500,000 on the first day following the record date for distribution
for the quarter ended June 30, 2000; the remainder on the first day following the record date for
distribution for the quarter ended June 30, 2003.
(2) Shell Oil Company, SWEPI LP (formerly Shell Western E&P Inc.), Shell Gas Pipeline Corp. #2, Shell
Gas Gathering Corp. #2 and Shell Seahorse Company are the holders of approximately 4.87%, 28.79%,
18.59%, 4.81% and 3.80%, respectively, of the membership interests of Coral Energy. Each of SWEPI,
Shell Pipeline, Shell Gathering and Shell Seahorse is an indirect, wholly-owned subsidiary of Shell
Oil. Together, Shell Oil, SWEPI, Shell Pipeline, Shell Gathering and Shell Seahorse may be deemed
to (1) control Coral Energy and (2) indirectly beneficially own the Class A Special Units. The
filing of this statement on Form 4 is not an admission that any reporting person is, for the
purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose, the
beneficial owner of any securities covered by this statement.
CORAL ENERGY, LLC
By: /s/ Curtis R. Frasier September 8, 2000
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------ -----------------
Violations. Name: Curtis R. Frasier Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Title: President - Energy Services
Note: File three copies of this Form, one of which must be manually signed. Page 2 of 7
If space is insufficient, see Instruction 6 for procedure. SEC 1474 (3-99)
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
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JOINT FILER INFORMATION
NAME: Shell Oil Company
ADDRESS: 910 Louisiana
One Shell Plaza
Houston, Texas 77002
DESIGNATED FILER: Coral Energy, LLC
ISSUER & TICKER SYMBOL: Enterprise Products Partners L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 1, 2000
SIGNATURE: Shell Oil Company
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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JOINT FILER INFORMATION
NAME: SWEPI LP (formerly, Shell Western E&P Inc.)
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Coral Energy, LLC
ISSUER & TICKER SYMBOL: Enterprise Products Partners L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 1, 2000
SIGNATURE: SWEPI LP
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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Page 5 of 7
JOINT FILER INFORMATION
NAME: Shell Gas Pipeline Corp. #2
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Coral Energy, LLC
ISSUER & TICKER SYMBOL: Enterprise Products Partners L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 1, 2000
SIGNATURE: Shell Gas Pipeline Corp. #2
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in Fact
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JOINT FILER INFORMATION
NAME: Shell Gas Gathering Corp. #2
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Coral Energy, LLC
ISSUER & TICKER SYMBOL: Enterprise Products Partners L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 1, 2000
SIGNATURE: Shell Gas Gathering Corp #2
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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Page 7 of 7
JOINT FILER INFORMATION
NAME: Shell Seahorse Company
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Coral Energy, LLC
ISSUER & TICKER SYMBOL: Enterprise Products Partners L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 1, 2000
SIGNATURE: Shell Seahorse Company
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
