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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: October 22, 1996
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(Date of earliest event reported)
Everflow Eastern Partners, L.P.
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(Exact name of Registrant as specified in its charter)
Delaware 0-19279 34-1659910
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
585 West Main Street, P.O. Box 629, Canfield, Ohio 44406
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (330)533-2692
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Item 5. Other Events
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On October 15, 1996, Everflow Eastern Partners, L.P., a Delaware
limited partnership (the "Company") received the new Contract Price on Gas
Purchase Agreements #10175, #10461 and #10515 with The East Ohio Gas Company
dated September 3, 1991, March 10, 1994 and August 10, 1994, respectively.
Pursuant to Article V of Gas Purchase Agreement #10175, the new adjusted base
price for the November 1996 through April 1997 production periods will be
$3.13/MCF, up from $2.66/MCF, and the May 1997 through October 1997 production
periods will be $2.50/MCF, up from $2.03/MCF. Pursuant to Article V of Gas
Purchase Agreement #10461, the new adjusted base price for the November 1996
through April 1997 production periods will be $2.77/MCF, up from $2.30/MCF, and
the May 1997 through October 1997 production periods will be $2.07/MCF, up from
$1.60/MCF. Pursuant to Article V of Gas Purchase Agreement #10515, the new
adjusted base price for the November 1996 through March 1997 production periods
will be $3.37/MCF, up from $2.90/MCF. These adjustments represent a $0.47
increase in the contract price for each of the three contracts. The majority
of the Company's natural gas production falls under these Agreements.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 22, 1996 EVERFLOW EASTERN PARTNERS, L.P.
By: EVERFLOW MANAGEMENT COMPANY,
General Partner
By: EVERFLOW MANAGEMENT CORPORATION,
Managing General Partner
By: /s/William A. Siskovic
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William A. Siskovic
Vice President and Treasurer
