LRR Energy, L.P. Announces Quarterly Cash Distribution and Second Quarter Earnings Release Schedule
17 Julho 2015 - 1:31PM
Business Wire
LRR Energy, L.P. (NYSE: LRE) (“LRR Energy”) announced today that
the Board of Directors of its general partner declared a cash
distribution for the second quarter of 2015 of $0.1875 per
outstanding unit, or $0.75 on an annualized basis. The distribution
will be paid on August 14, 2015, to all unitholders of record as of
the close of business on July 31, 2015.
Earnings Release
LRR Energy will provide the details of its second quarter of
2015 operating and financial performance with its earnings report,
which is scheduled to be released on Thursday, July 30, 2015, after
the close of NYSE trading. Given LRR Energy’s pending merger with
Vanguard Natural Resources, LLC, management will not host a
conference call to discuss the second quarter of 2015 results.
About LRR Energy, L.P.
LRR Energy is a Delaware limited partnership formed in April
2011 by affiliates of Lime Rock Resources to operate, acquire,
exploit and develop producing oil and natural gas properties in
North America. LRR Energy's properties are located in the Permian
Basin region in West Texas and Southeast New Mexico, the
Mid-Continent region in Oklahoma and East Texas and the Gulf Coast
region in Texas.
Forward-Looking Statements
This press release includes "forward-looking statements" — that
is, statements related to future events. Forward-looking statements
are based on the current expectations of LRR Energy and include any
statement that does not directly relate to a current or historical
fact. In this context, forward-looking statements often address
expected future business, operational and financial performance,
and often contain words such as "may," "predict," "pursue,"
"expect," "estimate," "project," "plan," "believe," "intend,"
"achievable," "anticipate," "target," "continue," "potential,"
"should," "could" and other similar words. Forward-looking
statements involve certain risks and uncertainties, and ultimately
may not prove to be accurate. These risks and uncertainties
include, among other things, the risk that oil, natural gas or NGL
prices will remain at current levels for a prolonged period or
decline further, the risk and uncertainties involved in producing
oil and natural gas, competition in the oil and natural gas
industry, governmental regulations and other factors. Actual
results and future events could differ materially from those
anticipated or implied in the forward-looking statements due to the
factors described under the captions "Risk Factors" in LRR Energy's
Annual Report on Form 10-K for the year ended December 31, 2014 and
LRR Energy's subsequent filings with the SEC. All forward-looking
statements speak only as of the date of this press release. LRR
Energy does not intend to update or revise any forward-looking
statements as a result of new information, future events or
otherwise. All forward-looking statements are qualified in their
entirety by this cautionary statement.
This release serves as qualified notice to nominees under
Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note
that one hundred percent (100.0%) of LRR Energy’s distributions to
foreign investors are attributable to income that is effectively
connected with a United States trade or business. Accordingly, all
of LRR Energy’s distributions to foreign investors are subject to
federal income tax withholding at the highest effective tax rate
for individuals or corporations, as applicable. Nominees, and not
LRR Energy, are treated as withholding agents responsible for
withholding on the distributions received by them on behalf of
foreign investors.
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version on businesswire.com: http://www.businesswire.com/news/home/20150717005642/en/
LRR Energy, L.P.Angelique Brou, (713) 345-2145Financial
Reporting Managerabrou@lrrenergy.comorJaime Casas, (713)
345-2126Chief Financial Officerjcasas@lrrenergy.com
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