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Memorial Production Partners LP Announces Fourth Quarter And Full Year 2012 Earnings Conference Call And Webcast And Fourth Quarter 2012 Distribution

Stocks in this article: MEMP

HOUSTON, Jan. 22, 2013 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (Nasdaq:MEMP) announced today that it will report fourth quarter and full year 2012 financial and operating results before the market opens for trading on March 5, 2013. Following the announcement, management will host a fourth quarter and full year 2012 earnings conference call at 9 a.m. CT. Interested parties are invited to participate on the call by dialing (866) 501-5542 (Conference ID: 89634203) at least 15 minutes prior to the start of the call or via the internet at www.memorialpp.com. A replay of the call will be available on MEMP's website or by phone at (855) 859-2056 (Conference ID: 89634203) for a seven-day period following the call.

As previously announced, the board of directors of its general partner approved and has declared a cash distribution of $0.5075 per unit for the fourth quarter of 2012. This distribution represents an annualized amount of $2.03 per unit and a $0.05 annualized increase over the third quarter annualized distribution of $1.98 per unit and will be paid on February 13, 2013 to unitholders of record as of the close of business on February 1, 2013.

Memorial Production Partners LP is a Delaware limited partnership that was formed to own and acquire oil and natural gas properties in North America. MEMP's properties are located in South Texas, East Texas/North Louisiana and California and consist of mature, legacy oil and natural gas reservoirs. MEMP is headquartered in Houston, Texas. 

For more information, visit www.memorialpp.com .

The Memorial Production Partners logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11158

Forward-Looking Statements

This press release may include "forward-looking statements" within the meaning of federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that MEMP expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by MEMP based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of MEMP, which may cause MEMP's actual results to differ materially from those implied or expressed by the forward-looking statements. Please read MEMP's filings with the SEC, which are available on MEMP's Investor Relations website at http://investor.memorialpp.com/sec.cfm or on the SEC's website at http://www.sec.gov, for a discussion of risks and uncertainties that could cause actual results to differ from those in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement. MEMP undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.

CONTACT: Memorial Production Partners LP
         Ronnetta Eaton - Manager, Investor Relations
         (713) 588-8350
         ir@memorialpp.com

Memorial Production Partners Logo

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