Eagle Rock Announces Public Offering Of Common Units

HOUSTON, March 12, 2013 (GLOBE NEWSWIRE) -- Eagle Rock Energy Partners, L.P. (the "Partnership") (Nasdaq:EROC) announced today that it has commenced, subject to market conditions, an underwritten public offering of 8,000,000 of its common units representing limited partner interests. The Partnership also intends to grant the underwriters a 30-day option to purchase up to 1,200,000 additional common units.

The Partnership intends to use the net proceeds of the offering, including the proceeds from any exercise of the option, to repay a portion of the outstanding borrowings under its credit facility.

RBC Capital Markets, BofA Merrill Lynch, Citigroup, UBS Investment Bank and Wells Fargo Securities will act as joint book-running managers of the offering.

When available, copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained from the underwriters as follows:
RBC Capital Markets BofA Merrill Lynch
Attn: Prospectus Department 222 Broadway
3 World Financial Center New York, NY 10038
200 Vesey Street, 8th Floor Attention: Prospectus Department
New York, New York 10281-8098 Email: dg.prospectus_requests@baml.com
Toll-free number: (877) 822-4089  
   
Citigroup UBS Investment Bank
c/o Broadridge Financial Solutions Attn: Prospectus Department 
1155 Long Island Avenue 299 Park Avenue
Edgewood, NY 11717 New York, New York 10171 
Telephone: (800) 831-9146 Toll-free number: (888) 827-7275
Email: batprospectusdept@citi.com  
   
Wells Fargo Securities  
Attn: Equity Syndicate Department  
375 Park Avenue  
New York, New York 10152  
Email: cmclientsupport@wellsfargo.com  
Toll-free number: (800) 326-5897  

The common units will be offered and sold pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and related prospectus supplement.

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