Universal Compression Partners Announces Prorated Cash Distribution
February 02 2007 - 7:46AM
PR Newswire (US)
HOUSTON, Feb. 2 /PRNewswire-FirstCall/ -- Universal Compression
Partners, L.P. (NASDAQ:UCLP) today announced a cash distribution of
$0.278 per unit payable on February 14, 2007, to unitholders of
record at the close of business on February 7, 2007. The
distribution reflects the pro rata share of the partnership's
minimum quarterly distribution of $0.35 per unit and covers the
time period from the closing of the partnership's initial public
offering on October 20, 2006, through December 31, 2006. Universal
Compression Partners was recently formed by Universal Compression
Holdings, Inc. (NYSE:UCO) to provide natural gas contract
compression services to customers throughout the United States and
was started with an initial fleet comprising approximately 330,000
horsepower, or approximately 17% by available horsepower of
Universal Compression Holdings' domestic contract compression
business at that time. Universal Compression Holdings owns
approximately 51 percent of Universal Compression Partners.
http://www.newscom.com/cgi-bin/prnh/20061130/DATH005LOGO
http://photoarchive.ap.org/ DATASOURCE: Universal Compression
Partners, L.P. CONTACT: David Oatman, Vice President, Investor
Relations, +1-713-335-7460 Web site:
http://www.universalcompression.com/
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