Compressco Partners LP - 2011-06-17

TETRA Technologies Inc., The Woodlands, Texas, (NYSE: TTI) and Compressco Partners LP (Nasdaq: GSJK) reported that Compressco Partners has priced its initial public offering of 2,670,000 common units representing limited partner interests at $20.00 per common unit, totaling $53,400,000. The underwriters have been granted a 30-day over-allotment option to purchase up to an aggregate 400,500 additional common units at the initial public offering price. The offering was increased to 2,670,000 common units from the base offering of 2,500,000 common units. The offering is expected to close on or about June 20, 2011.

Raymond James & Associates Inc. and J.P. Morgan Securities LLC are acting as joint book running managers for the offering. RBC Capital Markets LLC is acting as co-manager for the offering.