BALTIMORE, April 24 /PRNewswire-FirstCall/ -- Constellation Energy
Partners LLC (NYSE: CEP) today announced a cash distribution for the
quarter ended March 31, 2008 of $0.5625 per outstanding common unit and
Class A unit, or $2.25 per unit on an annualized basis. The distribution
will be payable on May 15, 2008 to unitholders of record at the close of
business on May 8, 2008. No distribution will be made to the Class D
unitholder for the same period as distributions to the Class D unitholder
have been suspended in connection with the arbitration proceedings
surrounding the net profits interest held by Torch Energy Royalty Trust.
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat one
hundred percent (100.0%) of Constellation Energy Partners' distributions to
foreign investors as being attributable to income that is effectively
connected with a United States trade or business. Accordingly,
Constellation Energy Partners' distributions to foreign investors are
subject to federal income tax withholding at the highest applicable rate.
Constellation Energy Partners LLC (http://www.constellationenergypartners.com)
is a limited liability company focused on the acquisition, development and
production of oil and natural gas properties, as well as related midstream
assets.
SOURCE Constellation Energy Partners LLC
 back to top
Related links:
http://www.constellationenergypartners.com
http://www.prnewswire.com/comp/084087.html /
CONTACT:
Media, Lawrence McDonnell, +1-410-470-7433,
or Investors, Tonya Cultice, +1-410-470-5619, both of
Constellation Energy Partners LLC
|
