-----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, JZEDQvCgtDx2qcqtz95ztdJRpTrtin3ECXp8wSZap9D55eN2TpnjCfy231WgQpGn vHKrZeVGQS5wsDABuqWKqQ== 0000950134-03-011793.txt : 20030814 0000950134-03-011793.hdr.sgml : 20030814 20030814131811 ACCESSION NUMBER: 0000950134-03-011793 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20030630 FILED AS OF DATE: 20030814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEWBOURNE ENERGY PARTNERS 03-A LP CENTRAL INDEX KEY: 0001170797 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-85994-01 FILM NUMBER: 03845510 BUSINESS ADDRESS: STREET 1: 3901 S BROADWAY CITY: TYLER STATE: TX ZIP: 75701 BUSINESS PHONE: 9035612900 MAIL ADDRESS: STREET 1: 3901 S BROADWAY CITY: TYLER STATE: TX ZIP: 75701 10-Q 1 d08402e10vq.txt FORM 10-Q 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 June 30, 2003 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. 333-85994-01 MEWBOURNE ENERGY PARTNERS 03-A, L.P. Delaware 27-0055431 - ------------------------------ ---------------------- (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 MEWBOURNE ENERGY PARTNERS 03-A, L. P. INDEX
Page No. Part I - Financial Information Item 1. Financial Statements Balance Sheet - June 30, 2003 (Unaudited) 3 Statement of Cash Flows (Unaudited) - For the period February 19, 2003 (date of inception) through June 30, 2003 4 Statement of Changes In Partners' Capital (Unaudited) - For the period February 19, 2003 (date of inception) through June 30, 2003 5 Notes to Financial Statements 6 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 7 Item 4. Disclosure Controls and Procedures 8 Part II - Other Information Item 1. Legal Proceedings 8 Item 6. Exhibits and Reports on Form 8-K 8
2 MEWBOURNE ENERGY PARTNERS 03-A, L. P. Part I - Financial Information Item 1. Financial Statements BALANCE SHEET June 30, 2003 (Unaudited) ASSETS Cash $ 100 ------------ Total assets $ 100 ============ PARTNERS' CAPITAL General partners $ 100 Limited partners 0 ------------ Partners' capital $ 100 ============
The accompanying notes are an integral part of the financial statements. 3 MEWBOURNE ENERGY PARTNERS 03-A, L. P. STATEMENT OF CASH FLOWS For the period February 19,2003 (date of inception) through June 30, 2003 (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 MEWBOURNE ENERGY PARTNERS 03-A, L. P. STATEMENT OF CHANGES IN PARTNERS' CAPITAL For the period February 19, 2003 (date of inception) through June 30, 2003 (Unaudited)
General Limited Partners Partners Total ------------ ------------ ------------ Partners capital at February 19, 2003 $ -- $ -- $ -- (date of inception) Contributions $ 100 $ -- $ 100 ------------ ------------ ------------ Balance at June 30, 2003 $ 100 $ -- $ 100 ------------ ------------ ------------
The accompanying notes are an integral part of the financial statements. 5 MEWBOURNE ENERGY PARTNERS 03-A, L.P. NOTES TO FINANCIAL STATEMENTS (Unaudited) 1. Accounting Policies In the opinion of management, the accompanying unaudited financial statements contain all adjustments of a normal recurring nature necessary to present fairly our financial position, cash flows and partners' capital for the periods presented. 2. Accounting for Oil and Gas Producing Activities Mewbourne Energy Partners 03-A, L.P., (the "Partnership"), a Delaware limited partnership formed on February 19, 2003, is engaged primarily in oil and gas development and production in Texas, Oklahoma, and New Mexico. As of June 30, 2003, 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 May 16, 2003. As of July 9, 2003, interests aggregating $18,000,000 had been sold to 710 subscribers of which $16,107,000 were sold to 644 subscribers as general partner interests and $1,893,000 were sold to 66 subscribers as limited partner interests. 3. Financial Statement Presentation From the period February 19, 2003 to June 30, 2003, 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. 6 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Mewbourne Energy Partners 03-A, L.P. (the "Partnership") was formed February 19, 2003. Mewbourne Development Corporation ("MD") is the Managing Partner, and has the power and authority to manage, control and administer all partnership affairs. As of June 30, 2003, 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 May 16, 2003. As of July 9, 2003, interests aggregating $18,000,000 had been sold to 710 subscribers of which $16,107,000 were sold to 644 subscribers as general partner interests and $1,893,000 were sold to 66 subscribers as limited partner interests. Liquidity and Capital Resources Operations will be conducted with available funds and revenues generated from oil and gas activities. No bank borrowing is anticipated. Results of Operations The Registrant had not commenced operations prior to the period ended June 30, 2003, therefore, there are no items of income or expense. 7 Item 4. Disclosure Controls and Procedures Mewbourne Development Corporation ("MDC"), the Managing General Partner of the Partnership, maintains a system of controls and procedures designed to provide reasonable assurance as to the reliability of the financial statements and other disclosures included in this report, as well as to safeguard assets from unauthorized use or disposition. Within 90 days prior to the filing of this report, MDC's Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of the design and operation of our disclosure controls and procedures with the assistance and participation of other members of management. Based upon that evaluation, MDC's Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective for gathering, analyzing and disclosing the information the Partnership is required to disclose in the reports it files under the Securities Exchange Act of 1934 within the time periods specified in the SEC's rules and forms. There have been no significant changes in MDC's internal controls or in other factors which could significantly affect internal controls subsequent to the date MDC carried out its evaluation. Part II - Other Information Item 1. Legal Proceedings None. Item 6. Exhibits and Reports on Form 8-K (a) Exhibits EXHIBIT NUMBER DESCRIPTION 31.1 Certification of Principal Executive Officer Required by Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended. 31.2 Certification of Principal Financial Officer Required by Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended. 32.1 Certification of Principal Executive Officer Required by Rule 13a-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 32.2 Certification of Principal Financial Officer Required by Rule 13a-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. (b) Reports on Form 8-K - none 8 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Partnership has duly caused this report to be signed on its behalf by the undersigned thereto duly authorized. MEWBOURNE ENERGY PARTNERS 03-A, L.P. By: Mewbourne Development Corporation Managing General Partner Date: August 13, 2003 By: /s/ Alan Clark --------------------------------- Alan Clark, Treasurer EX-31.1 3 d08402exv31w1.txt CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER EXHIBIT 31.1 CERTIFICATIONS I, Curtis W. Mewbourne, Chief Executive Officer of Mewbourne Development Corporation, Managing General Partner of Mewbourne Energy Partners 03-A, L.P. (the "Registrant"), certify that: 1. I have reviewed this quarterly report on Form 10-Q of Mewbourne Energy Partners, 03-A, L.P. 2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report; 3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared; b. evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and c. presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function): a. all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: August 13, 2003. /s/ Curtis W. Mewbourne ---------------------------------------------- Curtis W. Mewbourne Chief Executive Officer Mewbourne Development Corporation, Managing General Partner of the Registrant EX-31.2 4 d08402exv31w2.txt CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER EXHIBIT 31.2 CERTIFICATIONS I, J. Roe Buckley, Chief Financial Officer of Mewbourne Development Corporation, Managing General Partner of Mewbourne Energy Partners 03-A, L.P. (the "Registrant"), certify that: 1. I have reviewed this quarterly report on Form 10-Q of Mewbourne Energy Partners, 03-A, L.P. 2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report; 3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared; b. evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and c. presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function): a. all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: August 13, 2003. /s/ J. Roe Buckley ------------------------------------------- J. Roe Buckley Chief Financial Officer Mewbourne Development Corporation, Managing General Partner of the Registrant EX-32.1 5 d08402exv32w1.txt CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER EXHIBIT 32.1 CERTIFICATION OF CURTIS W. MEWBOURNE/CHIEF EXECUTIVE OFFICER OF MEWBOURNE DEVELOPMENT CORPORATION PURSUANT TO 18 U.S.C. SECTION 1350 I, Curtis W. Mewbourne, Chief Executive Officer of Mewbourne Development Corporation, Managing General Partner of Mewbourne Energy Partners 03-A, L.P., (the "Registrant"), hereby certify that the accompanying report on Form 10-Q, for the quarterly period ended June 30, 2003 and filed with the Securities and Exchange Commission on the date hereof pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the "Report") by the Registrant fully complies with the requirements of that section. I further certify that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. /s/ Curtis W. Mewbourne ----------------------------------------- Name: Curtis W. Mewbourne Date: August 13, 2003 EX-32.2 6 d08402exv32w2.txt CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER EXHIBIT 32.2 CERTIFICATION OF J. ROE BUCKLEY/CHIEF FINANCIAL OFFICER OF MEWBOURNE DEVELOPMENT CORPORATION PURSUANT TO 18 U.S.C. SECTION 1350 I, J. Roe Buckley, Chief Financial Officer of Mewbourne Development Corporation, Managing General Partner of Mewbourne Energy Partners 03-A, L.P., (the "Registrant"), hereby certify that the accompanying report on Form 10-Q, for the quarterly period ended June 30, 2003 and filed with the Securities and Exchange Commission on the date hereof pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the "Report") by the Registrant fully complies with the requirements of that section. I further certify that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. /s/ J. Roe Buckley --------------------------------------- Name: J. Roe Buckley Date: August 13, 2003 -----END PRIVACY-ENHANCED MESSAGE-----