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December 6, 2012
18:28 EDTMEMPMemorial Productions Partners 10.5M share Secondary priced at $17.00
Raymond James, BofA/Merrill, Barclays, Citigroup, RBC Capital and Wells Fargo acted as joint book running managers for the offering.
News For MEMP From The Last 14 Days
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January 29, 2016
09:27 EDTMEMPMemorial Resource CEO John Weinzierl resigns to focus on Memorial Production
The board of Memorial Resource (MRD) announced that John Weinzierl will resign as CEO and as a member of the board, effective immediately to focus entirely on Memorial Production Partners (MEMP) as its CEO and chairman, positions he has held since 2011. The board has elected Jay Graham, former Co-CEO of WildHorse Resources II, to replace Weinzierl as MRD's CEO. Graham was also elected to the board, filling the vacancy created by Weinzierl.
January 27, 2016
18:38 EDTMEMPMemorial Production lowers Q4 cash distribution 67% to 10c per unit
MEMP declared a cash distribution of 10c per unit for 4Q15, or 40c per unit on an annualized basis, a 20c per unit, or 67%, reduction from MEMP's Q3 distribution, to be paid on February 12 to unitholders of record as of the close of business on February 5. This new distribution rate is based on current commodity and financial market conditions and MEMP's 2016 guidance.
18:36 EDTMEMPMemorial Production sees FY16 total net average production 228-243 MMcfe/d
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