SCHEDULE 13G

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TKsWXIbxaYidr4tl0lCUDFjcji7dGO4TpGMaM+Fz1Kq9Sylzq65YB0Xi9qhXkKDj kYwbhv5FZe6JNRy4HBjSHw== 0001193125-08-032171.txt : 20080215 0001193125-08-032171.hdr.sgml : 20080215 20080215105652 ACCESSION NUMBER: 0001193125-08-032171 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080215 DATE AS OF CHANGE: 20080215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LABRANCHE STRUCTURED PRODUCTS LLC CENTRAL INDEX KEY: 0001259333 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 1 EXCHANGE PLAZA CITY: NEW YORK CITY STATE: NY ZIP: 10006 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Constellation Energy Partners LLC CENTRAL INDEX KEY: 0001362705 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 113742489 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82227 FILM NUMBER: 08621445 BUSINESS ADDRESS: STREET 1: 111 MARKET PLACE CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: (410) 468-3500 MAIL ADDRESS: STREET 1: 111 MARKET PLACE CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: Constellation Energy Resources LLC DATE OF NAME CHANGE: 20060515 SC 13G 1 dsc13g.htm SCHEDULE 13G SCHEDULE 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Constellation Energy Partners LLC

(Name of Issuer)

Common Units, representing Class B Limited Liability Company Interests

(Title of Class of Securities)

21038E101

(CUSIP Number)

December 31, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 21038E101		13G		Page 2


1		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) LaBranche Structured Products LLC 01-0614569
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION New York


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5 SOLE VOTING POWER 1,396,500(1)
		6 SHARED VOTING POWER -0-
		7 SOLE DISPOSITIVE POWER 1,396,500(1)
		8 SHARED DISPOSITIVE POWER -0-


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,396,500(1)
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.1%(1)
12	TYPE OF REPORTING PERSON BD

(1)	See Item 4 of this Schedule 13G. As of February 14, 2008, the Reporting Person has ceased to be the beneficial owners of more than five percent of the Common Units.

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CUSIP No. 21038E101		13G		Page 3

Item 1

(a).

Name of Issuer:

Constellation Energy Partners LLC (the “Issuer”)

Item 1

(b).

Address of Issuer’s Principal Executive Offices:

111 Market Place

Baltimore, MD 21202

Item 2

(a).

Name of Person Filing:

This statement is being filed by LaBranche Structured Products LLC:

Item 2

(b).

Address of Principal Business Office or, if none, Residence:

The principal business offices of LaBranche Structured Products LLC is 33 Whitehall Street, New York, NY 10004.

Item 2

(c).

Citizenship:

LaBranche Structured Products LLC is a limited liability company formed under the laws of the State of New York.

Item 2

(d).

Title and Class of Securities:

Common Units

Item 2

(e).

CUSIP Number:

21038E101

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a)

Broker or dealer registered under Section 15 of the Act

(b)

Bank as defined in Section 3(a)(6) of the Act

(c)

Insurance company as defined in Section 3(a)(19) of the Act

(d)

Investment company registered under Section 8 of the Investment Company Act of 1940

(e)

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

(f)

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

(g)

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act

(i)

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940

(j)

Group, in accordance with Rule 13d-1(b)(1)(ii)(J)

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CUSIP No. 21038E101		13G		Page 4


Item 4.	Ownership.

	(a)	Amount beneficially owned: See Item 9 of cover page of this Schedule 13G.

	(b)	Percent of Class: See Item 11 of cover page of this Schedule 13G.

	(c)	The responses of the Reporting Person to Items 5, 6, 7, and 8 on the cover page to this Schedule 13G are incorporated herein by reference.

Item 5.	Ownership of Five Percent or Less of a Class.

	If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the Common Shares, check the following ¨.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person.

	Not applicable.

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

	Not applicable.

Item 8.	Identification and Classification of Members of the Group.

	Not Applicable.

Item 9.	Notice of Dissolution of Group.

	Not applicable.

Item 10.	Certification.

By signing below I hereby certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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CUSIP No. 21038E101		13G		Page 5

SIGNATURES

After reasonable 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.

Dated: February 14, 2008


LABRANCHE STRUCTURED PRODUCTS LLC

By:		/s/ Stephen H. Gray
Name:		Stephen H. Gray
Title:		Secretary

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