Second, we allocate our capital to maximize recovery and cash flow. We understand that cash flow translates to distributions. I think that's a very important aspect of the MLP strategy. Our year-to-date uplift has exceeded expectations and is above 1,200 BOEs per day. Because margin is important, we've emphasized our earlier projects, which means primarily out in the Permian basin, year-to-date.And third, we continue to focus on strategic accretive acquisitions. We've had accretive growth through a significant drop-down as well as a third party transaction and we have another drop-down on the way, it's pretty significant. We think it will be there I think in early 2013.
QR Energy At Barclays Energy/Power Conference (Transcript)
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