THE WOODLANDS, Texas,
Jan. 22, 2018 /PRNewswire/ -- CSI
Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today
that the board of directors of its general partner has declared a
cash distribution attributable to the quarter ended December 31, 2017 of $0.1875 per outstanding common unit, or
$0.75 per outstanding common unit on
an annualized basis. This cash distribution is equal to the
previous quarterly distribution and will be paid on February 14, 2018 to all common unitholders of
record as of the close of business on February 1, 2018.
![CSI Compressco LP Logo CSI Compressco LP Logo](https://mma.prnewswire.com/media/431423/CSI_Compressco_LP_Logo.jpg)
CSI Compressco expects to release its fourth quarter and full
year 2017 earnings results before the opening of the market on
Tuesday, February 27, 2018.
Following the release, CSI Compressco will host a conference call
at 10:30 a.m. Eastern Time to discuss
the results. CSI Compressco invites you to listen to the
conference call by calling the toll free number 1-866-374-8397.
The conference call will also be available by live audio
webcast and may be accessed through CSI Compressco's website at
www.csicompressco.com. The news release will be available on
CSI Compressco's website prior to the conference call. An
audio replay of the conference call will be available at
1-877-344-7529, conference number 10115960, for one week following
the conference, and the archived webcast will be available through
CSI Compressco's website for thirty days following the
conference.
About CSI Compressco
CSI Compressco is a provider of compression services and equipment
for natural gas and oil production, gathering, transportation,
processing, and storage. CSI Compressco's compression and
related services business includes a fleet of more than 5,800
compressor packages and approximately 1.1 million in aggregate
horsepower, utilizing a full spectrum of low-, medium- and
high-horsepower engines. CSI Compressco also provides well
monitoring and automated sand separation services in conjunction
with compression services in Mexico. CSI Compressco's equipment sales
business includes the fabrication and sale of standard compressor
packages, custom-designed compressor packages and oilfield fluid
pump systems designed and fabricated primarily at our facility in
Midland, Texas. CSI
Compressco's aftermarket business provides compressor package
reconfiguration and maintenance services, as well as the sale of
compressor package parts and components manufactured by third-party
suppliers. CSI Compressco's customers comprise a broad base
of natural gas and oil exploration and production, mid-stream,
transmission, and storage companies operating throughout many of
the onshore producing regions of the
United States as well as in a number of foreign countries,
including Mexico, Canada and Argentina. CSI Compressco is
managed by CSI Compressco GP Inc., which is an indirect, wholly
owned subsidiary of TETRA Technologies, Inc. (NYSE: TTI).
This news release serves as qualified notice to nominees as
provided for under Treasury Regulation Section 1.1446-4(b)(4) and
(d). CSI Compressco's distributions to foreign investors are
subject to federal tax withholding at the highest applicable
effective tax rate. Nominees are treated as withholding
agents responsible for withholding distributions received by them
on behalf of foreign investors.
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SOURCE CSI Compressco LP