Teekay Offshore Partners L.P. Declares Distribution
July 22 2011 - 9:38AM
Marketwired
Teekay Offshore GP LLC, the general partner of Teekay Offshore
Partners L.P. (Teekay Offshore) (NYSE: TOO), has declared a cash
distribution of $0.50 per unit for the quarter ended June 30, 2011.
The cash distribution is payable on August 12, 2011 to all
unitholders of record on August 5, 2011.
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, oil production and
storage services to the offshore oil industry. Teekay Offshore owns
40 shuttle tankers (including five chartered-in vessels and five
committed newbuildings), five Floating Storage and Offtake (FSO)
units, 11 conventional oil tankers, and two Floating Production
Storage and Offloading (FPSO) units. Teekay Offshore also has
rights to participate in certain other FPSO and shuttle tanker
opportunities provided by its sponsor, Teekay Corporation.
Teekay Offshore's common units trade on the New York Stock
Exchange under the symbol "TOO".
Contacts: Teekay Offshore Partners L.P. Kent Alekson Investor
Relations Enquiries +1 (604) 609-6442 www.teekayoffshore.com
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