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Marlin Midstream Partners,
LP
, a Delaware limited partnership ("Marlin" or "the
Partnership"), announced today that the board of directors of its general
partner declared a quarterly cash distribution to its partners for the first
quarter of 2014 of $0.355 per unit, or $1.42 on an annualized basis. This
distribution represents an increase of 1.4% over the quarterly distribution of
$0.35 per share ($1.40 on an annualized basis) paid for the prior quarter
ended December 31, 2013. The quarterly distribution will be paid on May 6,
2014 to unitholders of record as of May 1, 2014.
This release serves as qualified notice to nominees under Treasury Regulation
Sections 1.1446-4(b)(4) and (d). Please note that 100% of Marlin's
distributions to foreign investors are attributable to income that is
effectively connected with a United States trade or business. Accordingly, all
of Marlin'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 Marlin, are treated as the
withholding agents responsible for withholding on the distributions received
by them on behalf of foreign investors.
About Marlin
Marlin is a fee-based, growth oriented Delaware limited partnership formed to
develop, own, operate and acquire midstream energy assets. Marlin currently
provides natural gas gathering, transportation, treating and processing
services, NGL transportation services and crude oil transloading services.
Headquartered in Houston, Texas, Marlin's assets include two related natural
gas processing facilities located in Panola County, Texas, a natural gas
processing facility located in Tyler County, Texas, two natural gas gathering
systems connected to its Panola County processing facilities, two NGL
transportation pipelines that connect its Panola County and Tyler County
processing facilities to third party NGL pipelines and two crude oil
transloading facilities containing five crude oil transloaders.
www.marlinmidstream.com
Forward-Looking Statements
This press release includes "forward-looking statements" as defined by the
Securities and Exchange Commission. All statements, other than statements of
historical fact, included herein that address activities, events, developments
or transactions that Marlin expects, believes or anticipates will or may occur
in the future are forward-looking statements. These forward-looking statements
are subject to risks and uncertainties that may cause actual results to differ
materially from expectations. Such risk factors are included in Marlin's
reports filed with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of their dates. Except as required by law, Marlin
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
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