SOURCE: QR Energy

QR Energy

April 29, 2011 08:00 ET

QR Energy Announces Quarterly Cash Distribution

HOUSTON, TX--(Marketwire - Apr 29, 2011) - QR Energy, LP (NYSE: QRE) announced today that the Board of Directors of its general partner has approved a cash distribution attributable to the first quarter of 2011 of $0.4125 per unit for all outstanding units. This represents an annualized distribution of $1.65 per unit.

The distribution will be payable on May 13, 2011 to unitholders of record at the close of business on May 9, 2011.

ABOUT QR ENERGY
QR Energy, LP is a publicly traded partnership engaged in the acquisition, production and development of onshore crude oil and natural gas properties in the United States. QR Energy is headquartered in Houston, Texas. For more information, visit QR Energy's website at www.qrenergylp.com.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements within the meaning of the federal securities laws. QR Energy believes that its expectations and forecasts are based on reasonable assumptions. No assurance, however, can be given that such expectations and forecasts will prove to have been correct. A number of factors could cause actual results to differ materially from the expectations and forecasts, anticipated results or other forward-looking information expressed in this press release, including risks and uncertainties regarding future results, capital expenditures, liquidity and financial market conditions, insufficient cash from operations, adverse market conditions and governmental regulations. For a more complete list of these risk factors, please read QR Energy's filings with the Securities and Exchange Commission, which are available on QR Energy's Investor Relations website http://ir.qrenergylp.com or from the Securities and Exchange Commission website www.sec.gov.

Contact Information

  • INVESTOR CONTACTS
    Taylor B. Miele
    Investor Relations Specialist
    (713) 452-2990

    Cedric W. Burgher
    Chief Financial Officer
    (713) 452-2200