Teekay Offshore Partners L.P. Declares Fourth Quarter Distribution
February 02 2009 - 2:53PM
Marketwired
Teekay Offshore GP LLC, the general partner of Teekay Offshore
Partners L.P. (NYSE: TOO), has declared a cash distribution of
$0.45 per unit for the quarter ended December 31, 2008. The cash
distribution is payable on February 13, 2009 to all unitholders of
record on February 6, 2009.
About Teekay Offshore Partners L.P.
Teekay Offshore Partners L.P., a publicly-traded master limited
partnership formed by Teekay Corporation (NYSE: TK), is an
international provider of marine transportation and storage
services to the offshore oil industry. Teekay Offshore Partners
L.P. owns a 51 percent interest in and controls Teekay Offshore
Operating L.P. (OPCO), a Marshall Islands limited partnership with
a fleet of 34 shuttle tankers (including 9 chartered-in vessels),
four floating storage and offtake units (FSO) and 11 conventional
crude oil Aframax tankers. In addition, Teekay Offshore Partners
L.P. has direct ownership interests in two shuttle tankers and one
FSO. Teekay Offshore Partners L.P. also has rights to participate
in certain floating production, storage and offloading (FPSO)
opportunities.
Teekay Offshore Partners' common units trade on the New York
Stock Exchange under the symbol "TOO".
Contacts: Teekay Offshore Partners L.P. Kent Alekson Investor
Relations Enquiries (604) 609-6442 Teekay Offshore Partners L.P.
Alana Duffy Media Enquiries (604) 844-6605 Website:
www.teekayoffshore.com
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