Memorial Production Partners LP Announces Second Quarter 2016 Cash Distribution And Second Quarter 2016 Earnings Conference Call And Webcast

HOUSTON, July 27, 2016 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (NASDAQ:MEMP) announced today that the board of directors of its general partner declared a cash distribution of $0.03 per unit for the second quarter of 2016 which is consistent with the first quarter of 2016 distribution. This distribution represents an annualized amount of $0.12 per unit and will be paid on August 12, 2016 to unitholders of record as of the close of business on August 5, 2016.     

MEMP also announced today that it will report second quarter 2016 financial and operating results before the market opens for trading on August 3, 2016.  Following the announcement, management will host a second quarter 2016 earnings conference call at 10 a.m. CT. Interested parties are invited to participate on the call by dialing (844) 735-9435 (Conference ID: 52712193) 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: 52712193) for a seven-day period following the call.

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b) (4) and (d). Please note that 100% of MEMP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of MEMP's distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not MEMP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

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