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Constellation Energy Partners Declares Cash Distribution.


HOUSTON -- Constellation Energy Constellation Energy (NYSE: CEG), headquartered in Baltimore, Maryland, generates, trades, supplies, and distributes energy. The company operates over 35 power plants in 11 states (mainly Maryland, Pennsylvania, New York, West Virginia, and California) under its operating  Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (NYSE Arca For other uses of "ARCA", see ARCA.

NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an entirely online securities exchange on which both stocks and options are traded.
: CEP CEP congenital erythropoietic porphyria.

CEP
abbr.
congenital erythropoietic porphyria
) today announced a cash distribution for the quarter ended Dec. 31, 2008 of $0.13 per outstanding common unit and Class A unit. The distribution will be payable on Feb. 13, 2009 to unitholders of record at the close of business on Feb. 6, 2009.

In connection with ongoing legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies.  surrounding the Torch Energy Royalty Trust royalty trust

An ownership interest in certain assets, generally crude oil or gas production and real estate. Unlike the usual corporate organization, a trust arrangement permits income and tax benefits to flow through to the individual owners.
, the company has continued its suspension of quarterly cash distributions to the Class D unitholder. Suspended cash distributions total $1,333,333.32 for the quarterly periods ended March 31, June 30, Sept. 30, and Dec. 31, 2008.

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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  trade or business. Accordingly, Constellation Energy Partners' distributions to foreign investors are subject to federal income tax withholding at the highest applicable rate.

Forward-Looking Statements

We make statements in this news release that are considered forward- looking statements within the meaning of the Securities Act of 1933 and Securities Exchange Act of 1934. These forward-looking statements are largely based on our expectations, which reflect estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known market conditions and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. In addition, management's assumptions about future events may prove to be inaccurate. Management cautions all readers that the forward-looking statements contained in this news release are not guarantees of future performance, and we cannot assure you that such statements will be realized or the forward-looking events and circumstances will occur. Actual results may differ materially from those anticipated or implied in the forward-looking statements due to factors listed in the "Risk Factors" section in our SEC filings and elsewhere in those filings. All forward-looking statements speak only as of the date of this news release. We do not intend to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise.

Constellation Energy Partners LLC (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 mid·stream  
n.
1. The middle part of a stream.

2. The part of a course that is neither at the beginning nor at the end: the midstream of life.

Noun 1.
 assets.
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Publication:Business Wire
Date:Jan 23, 2009
Words:413
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