SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* EnCap Energy Capital Fund V L P (Last) (First) (Middle) 1100 LOUISIANA, SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/29/2006	3. Issuer Name and Ticker or Trading Symbol EV Energy Partners, LP [ EVEP ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Units	49,207	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Subordinated Units	(1)	(1)	Common Units	243,350	$0	D

1. Name and Address of Reporting Person* EnCap Energy Capital Fund V L P (Last) (First) (Middle) 1100 LOUISIANA, SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* EnCap Equity Fund V GP, L.P. (Last) (First) (Middle) 1100 LOUISIANA, SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) General Partner of EnCap Energ

1. Name and Address of Reporting Person* EnCap Investments L.P. (Last) (First) (Middle) 1100 LOUISIANA, SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) General Partner of EnCap Equit

1. Name and Address of Reporting Person* EnCap Investments GP, L.L.C. (Last) (First) (Middle) 1100 LOUISIANA, SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) General Partner of EnCap Inves

1. Name and Address of Reporting Person* RNBD GP LLC (Last) (First) (Middle) 1100 LOUISIANA SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Sole Member of EnCap Investmen

1. Name and Address of Reporting Person* MILLER DAVID B (Last) (First) (Middle) 1100 LOUISIANA SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of RNBD GP LLC

1. Name and Address of Reporting Person* PHILLIPS D MARTIN (Last) (First) (Middle) 1100 LOUISIANA SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of RNBD GP LLC

1. Name and Address of Reporting Person* ZORICH ROBERT L (Last) (First) (Middle) 1100 LOUISIANA SUITE 3150 (Street) HOUSTON TX 77002 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of RNBD GP LLC

Explanation of Responses:

1. The subordinated units are convertible at the expiration of the subordination period. See the final prospectus of EV Energy Partners, L.P. filed September 27, 2006 for a description of the conversion rights of the holders of subordinated units.

Remarks:

	EnCap Energy Capital Fund V, L.P., by EnCap Equity Fund V GP, L.P., its general partner, by EnCap Investments L.P., its general partner, by EnCap Investments GP, L.L.C., its general partner, by /s/ Gary R. Petersen, Senior Managing Director	10/04/2006
	** Signature of Reporting Person	Date
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