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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 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): August 17, 2007
 
 HANOVER COMPRESSOR COMPANY
  Delaware
(State or other jurisdiction 
of incorporation)
    
    001-13071
(Commission File Number)
    
    76-0625124
(IRS Employer
Identification No.)
 12001 North Houston Rosslyn 
Houston, Texas
(Address of principal executive offices)
    
    77086
(Zip Code)
 (281) 447-8787
 Not Applicable
 
  o
    
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 o
    
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 o
    
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
 o
    
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))




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Item 1.02.
    
    Termination of a Material Definitive Agreement.
 Satisfaction and Discharge of Indentures Related to 9% Notes and 71/2% Notes
  1 2 1 2 1 2 1 2
 Repayment of Credit Facility
  Item 2.01
    
    Completion of Acquisition or Disposition of Assets.




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Item 2.04.
    
    Triggering Events That Accelerate or Increase a Direct Financial
Obligation or an Obligation Under an Off-Balance Sheet Arrangement.




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Item 3.01
    
    Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
  Item 3.03.
    
    Material Modification to Rights of Security Holders.
  Item 5.01
    
    Changes in Control of Registrant.
  Item 5.02
    
    Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
   
    
    Brian Matusek; and
    
    Steven Muck.
  Item 5.03
    
    Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.




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Item 9.01
    
    Financial Statements and Exhibits.
 (d)
    
    Exhibits.
 Exhibit No.
    
    Description2.1
    
    
    Agreement and Plan of Merger, dated as of February 5, 2007, by and among
Hanover Compressor Company, Universal Compression Holdings, Inc., Iliad Holdings, Inc.,
Hector Sub, Inc. and Ulysses Sub, Inc., incorporated by reference to Exhibit 2.1 to
Hanovers Current Report on Form 8-K filed with the SEC on February 5, 2007.2.2
    
    
    Amendment No. 1, dated as of June 25, 2007, to Agreement and Plan of Merger,
dated as of February 5, 2007, by and among Hanover Compressor Company, Universal
Compression Holdings, Inc., Exterran Holdings, Inc. (formerly Iliad Holdings, Inc.),
Hector Sub, Inc. and Ulysses Sub, Inc., incorporated by reference to Exhibit 2.1 to
Hanovers Current Report on Form 8-K filed with the SEC on June 25, 2007.3.1
    
    
    Second Amended and Restated Bylaws of Hanover Compressor Company, dated August
20, 2007.4.1
    
    
    Indenture for the 8.50% Senior Secured Notes due 2008, dated as of August 30,
2001, among the 2001A Trust, as issuer, Hanover Compression Limited Partnership and
certain subsidiaries, as guarantors, and Wilmington Trust FSB, as Trustee, incorporated
by reference to Exhibit 10.69 to Hanovers Quarterly Report on Form 10-Q for the
quarter ended September 30, 2001.4.2
    
    
    Form of 8.50% Senior Secured Notes due 2008, incorporated by reference to
Exhibit 4.10 to Hanovers Annual Report on Form 10-K for the year ended December 31,
2003.4.3
    
    
    Indenture for the 8.75% Senior Secured Notes due 2011, dated as of August 30,
2001, among the 2001B Trust, as issuer, Hanover Compression Limited Partnership and
certain subsidiaries, as guarantors, and Wilmington Trust FSB, as Trustee, incorporated
by reference to Exhibit 10.75 to Hanovers Quarterly Report on Form 10-Q for the
quarter ended September 30, 2001.4.4
    
    
    Form of 8.75% Senior Secured Notes due 2011, incorporated by reference to
Exhibit 4.12 to Hanovers Annual Report on Form 10-K for the year ended December 31,
2003.10.1
    
    
    First Supplemental Indenture, dated August 20, 2007, by and between Hanover
Compressor Company, Exterran Holdings, Inc., and Wilmington Trust Company, as Trustee,
for the 4.75% Convertible Senior Notes due 2008, incorporated by reference to Exhibit
10.14 of Exterran Holdings, Inc.s Current Report on Form 8-K filed August 23, 2007.10.2
    
    
    Eighth Supplemental Indenture, dated August 20, 2007, by and between Hanover
Compressor Company, Exterran Holdings, Inc., and U.S. Bank National Association, as
Trustee, for the 4.75% Convertible Senior Notes due 2014, incorporated by reference to
Exhibit 10.15 of Exterran Holdings, Inc.s Current Report
on Form 8-K filed August 23,
2007.10.3
    
    
    Form of Amendment No. 1 to Hanover Compressor Company Change of Control Agreement,
incorporated by reference to Exhibit 10.20 of Exterran Holdings, Inc.s Current Report on Form
8-K filed August 23, 2007.




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Exhibit No.
    
    Description99.1
    
    
    Press Release of Exterran Holdings, Inc., dated August 20, 2007, incorporated
by reference to Exhibit 99.1 of Exterran Holdings, Inc.s Current Report on From 8-K
filed August 20, 2007.99.2
    
    
    Press Release of Hanover Compressor Company, dated August 17, 2007.




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SIGNATURE
  HANOVER COMPRESSOR COMPANYDate:  August 23, 2007
    By:
    /s/ J. Michael AndersonJ. Michael AndersonSenior Vice President and
Chief Financial Officer




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EXHIBIT INDEX
 Exhibit No.
    
    Description2.1
    
    
    Agreement and Plan of Merger, dated as of February 5, 2007, by and among Hanover Compressor
Company, Universal Compression Holdings, Inc., Iliad Holdings, Inc., Hector Sub, Inc. and
Ulysses Sub, Inc., incorporated by reference to Exhibit 2.1 to Hanovers Current Report on
Form 8-K filed with the SEC on February 5, 2007.2.2
    
    
    Amendment No. 1, dated as of June 25, 2007, to Agreement and Plan of Merger, dated as of
February 5, 2007, by and among Hanover Compressor Company, Universal Compression Holdings,
Inc., Exterran Holdings, Inc. (formerly Iliad Holdings, Inc.), Hector Sub, Inc. and Ulysses
Sub, Inc., incorporated by reference to Exhibit 2.1 to Hanovers Current Report on Form 8-K
filed with the SEC on June 25, 2007.3.1
    
    
    Second Amended and Restated Bylaws of Hanover Compressor Company, dated August 20, 2007.4.1
    
    
    Indenture for the 8.50% Senior Secured Notes due 2008, dated as of August 30, 2001, among the
2001A Trust, as issuer, Hanover Compression Limited Partnership and certain subsidiaries, as
guarantors, and Wilmington Trust FSB, as Trustee, incorporated by reference to Exhibit 10.69
to Hanovers Quarterly Report on Form 10-Q for the quarter ended September 30, 2001.4.2
    
    
    Form of 8.50% Senior Secured Notes due 2008, incorporated by reference to Exhibit 4.10 to
Hanovers Annual Report on Form 10-K for the year ended December 31, 2003.4.3
    
    
    Indenture for the 8.75% Senior Secured Notes due 2011, dated as of August 30, 2001, among the
2001B Trust, as issuer, Hanover Compression Limited Partnership and certain subsidiaries, as
guarantors, and Wilmington Trust FSB, as Trustee, incorporated by reference to Exhibit 10.75
to Hanovers Quarterly Report on Form 10-Q for the quarter ended September 30, 2001.4.4
    
    
    Form of 8.75% Senior Secured Notes due 2011, incorporated by reference to Exhibit 4.12 to
Hanovers Annual Report on Form 10-K for the year ended December 31, 2003.10.1
    
    
    First Supplemental Indenture, dated August 20, 2007, by and between Hanover Compressor
Company, Exterran Holdings, Inc., and Wilmington Trust Company, as Trustee, for the 4.75%
Convertible Senior Notes due 2008, incorporated by reference to
Exhibit 10.14 of Exterran
Holdings, Inc.s Current Report on Form 8-K filed August 23, 2007.10.2
    
    
    Eighth Supplemental Indenture, dated August 20, 2007, by and between Hanover Compressor
Company, Exterran Holdings, Inc., and U.S. Bank National Association, as Trustee, for the
4.75% Convertible Senior Notes due 2014, incorporated by reference to
Exhibit 10.15 of
Exterran Holdings, Inc.s Current Report on Form 8-K filed August 23, 2007.10.3
    
    
    Form of Amendment No. 1 to Hanover Compressor Company Change of Control Agreement,
incorporated by reference to Exhibit 10.20 of Exterran Holdings, Inc.s Current Report on Form
8-K filed August 23, 2007.99.1
    
    
    Press Release of Exterran Holdings, Inc., dated August 20, 2007, incorporated by reference to
Exhibit 99.1 of Exterran Holdings, Inc.s Current Report on From 8-K filed August 20, 2007.99.2
    
    
    Press Release of Hanover Compressor Company, dated August 17, 2007.