THE
WOODLANDS, Texas, Oct. 21,
2022 /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 September
30, 2022 of $0.01 per
outstanding common unit, or $0.04 per
outstanding common unit on an annualized basis. This cash
distribution will be paid on November 14,
2022 to all common unitholders of record as of the close of
business on October 31, 2022.
![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 third quarter 2022 results
before the opening of the market on Thursday, November 3, 2022. 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 10172750, replay
code 6448716, for one week following the conference call and the
archived webcast will be available through CSI Compressco's website
for thirty days following the conference call.
About CSI Compressco
CSI Compressco is a provider of compression services and
equipment for natural gas and oil production, gathering, artificial
lift, transmission, processing, and storage. In addition, CSI
Compressco provides a variety of natural gas treating services. CSI
Compressco's contract services business includes a fleet of
approximately 4,800 compressor packages providing approximately 1.2
million in aggregate horsepower, utilizing a full spectrum of low-,
medium- and high-horsepower engines. Additionally, our gas treating
equipment fleet includes natural gas cooling units used to reduce
the temperature of natural gas so that it can be further treated,
processed, or compressed. CSI Compressco also provides well
monitoring and automated sand separation services in conjunction
with compression and related services in Mexico. CSI Compressco's aftermarket business
provides compressor package reconfiguration and maintenance
services. CSI Compressco's customers comprise a broad base of
natural gas and oil exploration and production, midstream,
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, Argentina, Egypt, and Chile. CSI Compressco's General Partner is
owned by Spartan Energy Partners LP. 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.
For further information, please contact: Jon Byers, CFO, CSICompressco LP, The Woodlands, Texas, Phone: 281.364.2279,
www.csicompressco.com
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SOURCE CSI Compressco LP