What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) On October 9, 2007 at 0745 MDT, N867DK, a cameron Z-105 hot air balloon, collided with the envelope of another balloon during a mass ascension at the Albuquerque international balloon fiesta. N867DK had been cleared for takeoff by fiesta launch officials and encountered a wind shift, which blew it into the other balloon. The gondola of N867DK struck the envelope of the other balloon and ripped a hole in it causing it to deflate. The balloon that was struck was inflated but not ready for flight. N867DK continued its flight without further incident. The flight was operating under 14 CFR part 91. The pilot and two passengers were not injured. There were no injuries in the other balloon.
As the FAA filed it
(-23) ON OCTOBER 9, 2007 AT 0745 MDT, N867DK, A CAMERON Z-105 HOT AIR BALLOON, COLLIDED WITH THE ENVELOPE OF ANOTHER BALLOON DURING A MASS ASCENSION AT THE ALBUQUERQUE INTERNATIONAL BALLOON FIESTA. N867DK HAD BEEN CLEARED FOR TAKEOFF BY FIESTA LAUNCH OFFICIALS AND ENCOUNTERED A WIND SHIFT, WHICH BLEW IT INTO THE OTHER BALLOON. THE GONDOLA OF N867DK STRUCK THE ENVELOPE OF THE OTHER BALLOON AND RIPPED A HOLE IN IT CAUSING IT TO DEFLATE. THE BALLOON THAT WAS STRUCK WAS INFLATED BUT NOT READY FOR FLIGHT. N867DK CONTINUED ITS FLIGHT WITHOUT FURTHER INCIDENT. THE FLIGHT WAS OPERATING UNDER 14 CFR PART 91. THE PILOT AND TWO PASSENGERS WERE NOT INJURED. THERE WERE NO INJURIES IN THE OTHER BALLOON.