SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported) July 7,
2009
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UNITED
STATES NATURAL
GAS
FUND, LP
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(Exact
name of registrant as specified in its charter)
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Delaware
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001-33096
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20-5576760
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(I.R.S.
Employer
Identification
No.)
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1320
Harbor Bay Parkway, Suite 145
Alameda,
California 94502
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(Address
of principal executive offices)
(Zip
Code)
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Registrant's
telephone number, including area code
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(510)
522-3336
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Not
Applicable
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(Former
name or former address, if changed since last report)
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Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions ( see General Instruction
A.2. below):
o
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Written
communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4c))
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Item
8.01 Other Events.
On July
6, 2009, the United States Natural Gas Fund, LP (“UNG”) announced in a current
report on Form 8-K that only 32,100,000 of its units registered with the
Securities and Exchange Commission (the “SEC”) were available for purchase by
UNG’s Authorized Purchasers. As stated in its current prospectus, UNG
creates and redeems units in blocks of 100,000 units called “Creation Baskets”
and “Redemption Baskets,” respectively. Only Authorized Purchasers may purchase
or redeem Creation Baskets or Redemption Baskets.
As of
July 7, 2009, UNG issued all of the remaining outstanding units to its
Authorized Purchasers. As a result of these issuances, UNG will
temporarily suspend the issuance of additional Creation Baskets until the SEC
declares effective the registration statement on Form S-3 (333-159772) which was
initially filed on June 5, 2009 and registers an additional 1,000,000,000
units. This registration statement is currently subject to review and
comment by the SEC, the Financial Regulatory Industry Association (“FINRA”) and
the National Futures Association (“NFA”).
The suspension of the issuance of
Creation Baskets has no effect on the ability of Authorized Purchasers to redeem
baskets of units.
Any
forward-looking statements in this current report are based on expectations of
UNG management at this time. Whether or not actual results and developments will
conform to management’s expectations and predictions, however, is subject to a
number of risks and uncertainties, including the special considerations
discussed in UNG’s prospectus, general economic, market and business conditions,
changes in laws or regulations or other actions made by governmental authorities
or regulatory bodies, and other world economic and political developments. UNG
undertakes no duty to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
For
further information, please call:
United
States Commodity Funds LLC
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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UNITED
STATES NATURAL GAS FUND, LP
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By:
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United
States Commodity Funds LLC, its general partner
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Date:
July 7, 2009
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By:
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/s/
Howard Mah
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Title: Chief
Financial Officer
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