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): ~~November 7, 2002~~

November 14, 2002

CORNERSTONE PROPANE PARTNERS, L.P.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

Delaware	1-12499	77-0439862
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Delaware

(State or other jurisdiction of incorporation)

1-12499

(Commission File Number)

77-0439862

(IRS Employer Identification No.)

432 Westridge Drive, Watsonville, CA 95076 (Address of Principal Executive Offices, including Zip Code)

(Address of Principal Executive Offices, including Zip Code)

(831) 724-1921
(Registrant’s Telephone Number, Including Area Code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

Item 5. Other Events.

~~Sale~~Further Delay of ~~Assets As~~Filing ~~announced~~of inAnnual aReport ~~press~~on ~~release~~Form ~~issued~~10-K onand ~~November~~Quarterly ~~13,~~Report ~~2002~~on ~~(which~~Form ~~press release is attached hereto as Exhibit~~10-Q ~~99.1),~~On ~~on November 7~~September 11, 2002 , CornerStone Propane Partners, L.P. (the “~~CornerStone~~Partnership”) ~~closed~~ ~~the~~filed ~~sale~~a ofCurrent ~~its~~Report ~~Coast~~on Form 8-K ~~Energy~~to ~~Group~~announce ~~for~~that ~~approximately~~it ~~$12~~had ~~million (including~~not ~~amounts~~completed ~~attributable to~~ the ~~sale~~preparation of ~~existing propane inventory) to~~the anPartnership’s ~~affiliate~~financial ofstatements ~~Enterprise~~related ~~Products Partners L.P. (“Enterprise”) The assets sold pursuant~~ to the ~~sale~~fiscal ~~include terminals~~year ~~located in Bakersfield and Rocklin~~ended June 30, ~~Calif.,~~2002 ~~Reno, Nev.~~ and ~~Albertville,~~ ~~Ala. The~~that ~~transaction included~~it ~~certain~~would ~~wholesale~~be ~~natural~~unable ~~gas~~to ~~liquids~~prepare ~~supply~~ and ~~sales~~file ~~contracts~~its ~~that~~annual ~~utilize~~report ~~the~~on ~~purchased terminals.~~Form ~~Pursuant~~10-K tofor the ~~terms~~fiscal ofyear ~~the~~ended ~~propane~~June 30, ~~supply~~2002 ~~agreement signed in~~(the ~~connection~~“Form 10-K”) ~~with~~by the ~~sale transaction~~September 30, ~~Enterprise~~2002 ~~will~~deadline. The ~~supply~~Partnership ~~CornerStone~~has ~~with all~~not ofyet ~~its~~filed ~~requirements of propane~~the Form 10-K.

~~Additional~~The ~~actions taken over the past~~Partnership’s ~~three~~current ~~months~~management ~~have~~is ~~focused~~continuing onto ~~reducing~~work ~~costs,~~to ~~capital~~enable ~~expenditures~~Deloitte ~~and~~& ~~working~~Touche to ~~capital~~complete ~~requirements. CornerStone is continuing~~ its ~~discussions~~audit ~~with~~of ~~holders~~the ~~of Cornerstone~~Partnership’s ~~senior~~financial ~~debt~~statements ~~regarding~~for the ~~deferral~~fiscal year ofended ~~interest~~June 30, ~~and principal~~2002. The ~~payments,~~Partnership ashas ~~well~~determined asthat ~~exploring~~it ~~other~~will ~~restructuring~~be ~~options.~~unable Asto aprepare ~~result~~and offile its ~~these~~Quarterly ~~actions~~Report ~~and~~on ~~activities,~~Form 10-Q ~~CornerStone~~for ~~believes~~the ~~that~~period itended ~~has~~September 30, ~~adequate~~2002 ~~liquidity~~by ~~to operate through~~ the ~~peak~~November 14, ~~winter~~2002 ~~heating season~~deadline.

~~FORWARD~~ Pursuant to a request from its general partner, CornerStone Propane GP, Inc., the Partnership provided CornerStone Propane GP, Inc. with certain financial information regarding the period ended September 30, 2002 (the “Preliminary Information”). CornerStone Propane GP, Inc. was a subsidiary of NorthWestern Corporation as of September 30, 2002. Certain of the Preliminary Information was published by Northwestern Corporation in its Quarterly Report on Form 10-~~LOOKING~~Q filed with the Securities and Exchange Commission on ~~STATEMENTS:~~November 14, 2002 (the “NorthWestern Form 10-Q”). The Partnership does not have or assume any responsibility for information contained in the NorthWestern Form 10-Q. In providing the Preliminary Information to CornerStone Propane GP, Inc., the Partnership included a list indicating (a) possible reclassifications and adjustments of the Preliminary Information (in addition to the previously announced anticipated effect of Statement of Financial Accounting Standards No. 142) and (b) pending additional reviews and procedures relating to the Preliminary Information. The Preliminary Information is not necessarily indicative of the Partnership’s actual results for the period ended September 30, 2002 as it may be subject to material reclassifications and adjustments resulting from the factors, reviews and procedures indicated above. Acccordingly, a Cornerstone Propane Partners, L.P. investor should not rely on the financial information relating to Cornerstone Propane Partners, L.P. included in the NorthWestern Form 10-Q.

~~THIS CURRENT REPORT ON FORM 8-K CONTAINS OR~~The ~~INCORPORATES~~Partnership BYis ~~REFERENCE~~continuing ~~FORWARD-LOOKING~~to ~~STATEMENTS~~work ASwith ~~DEFINED~~its INrestructuring ~~SECTION~~advisors ~~27A OF~~to ~~THE~~review ~~SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF~~its ~~1934. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS AS TO EXPECTATIONS~~financial, ~~BELIEFS~~strategic ~~AND~~and ~~PLANS~~legal ~~INVOLVE~~restructuring ~~KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS TO MATERIALLY DIFFER FROM THOSE CONSIDERED BY THE FORWARD-LOOKING STATEMENTS~~options. FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY INCLUDE CORNERSTONE’S DEBT SERVICE REQUIREMENTS AND ITS DISCUSSIONS AND NEGOTIATIONS WITH HOLDERS OF ITS DEBT INSTRUMENTS REGARDING THE DEFERRAL OF PRINCIPAL AND INTEREST PAYMENTS AND THE RESTRUCTURING OF SUCH INSTRUMENTS, THE AVAILABILITY OF RESTRUCTURING AND STRATEGIC OPTIONS, THE AVAILABILITY OF ADDITIONAL SHORT TERM FINANCING AND ITS ABILITY TO SECURE DEBTOR IN POSSESSION FINANCING, CORNERSTONE’S FUTURE OPERATING PERFORMANCE, CAPITAL EXPENDITURE NEEDS, ACCESS TO FINANCING AND ITS ABILITY TO FUND ITS CAPITAL REQUIREMENTS IN THE NEAR TERM AND THE LONG TERM, AND PREVAILING ECONOMIC, FINANCIAL, BUSINESS AND WEATHER CONDITIONS, IN ADDITION TO OTHER FACTORS, RISKS AND UNCERTAINTIES THAT ARE DESCRIBED IN CORNERSTONE’S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING CORNERSTONE’S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED JUNE 30, 2001. AS A RESULT, NO ASSURANCES CAN BE GIVEN AS TO FUTURE RESULTS, LEVELS OF ACTIVITY OR ACHIEVEMENTS. ANY FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE THE STATEMENT WAS MADE. CORNERSTONE UNDERTAKES NO OBLIGATION TO PUBLICLY UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, UNLESS OTHERWISE REQUIRED BY LAW.

~~Item 7. Financial Statements, Pro Forma Financial Information and Exhibits~~SIGNATURES

~~(c)~~According ~~Exhibits~~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, thereunto duly authorized on November 18, 2002.

Exhibit No.	Description
		CornerStone Propane Partners, L.P.
99.1	Press Release dated November 13, 2002 announcing the sale of Coast Energy Group assets to Enterprise Products Partners L.P.
Date:	November 18, 2002	By:	/s/ CURTIS G. SOLSVIG III
		Name:	Curtis G. Solsvig III
		Its:	Chief Executive Officer

SIGNATURES

According 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, thereunto duly authorized on November 14, 2002.

	CornerStone Propane Partners, L.P.
Date: November 14, 2002	By:	/s/ Curtis G. Solsvig III
	Name:	Curtis G. Solsvig III
	Its:	Chief Executive Officer

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