TULSA, Okla., Oct. 24, 2012 (GLOBE NEWSWIRE) -- Rose Rock
Midstream, L.P. (NYSE:RRMS) announced today that the Board
of Directors of its general partner has declared a cash
distribution for the third quarter of 2012 of $0.3925 per
unit, or $1.57 per unit on an annualized basis. This is a
2.6% increase over the prior quarter and marks the third
increase in the distribution to RRMS limited partner
unitholders. For the prior quarter, the cash distribution
was $.3825 per limited partnership unit, or $1.53 on an
annualized basis. The distribution will be paid on November
14, 2012 to all unitholders of record on November 5, 2012.
About Rose Rock Midstream
Rose Rock Midstream, L.P. (NYSE:RRMS) is a growth-oriented
Delaware limited partnership formed by SemGroup®
Corporation (NYSE:SEMG) to own, operate, develop and
acquire a diversified portfolio of midstream energy assets.
Rose Rock Midstream provides crude oil gathering,
transportation, storage and marketing services.
Headquartered in Tulsa, OK, Rose Rock Midstream has
operations in six states with the majority of its assets
strategically located in or connected to the Cushing,
Oklahoma crude oil marketing hub.
This release is a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should
treat 100% of Rose Rock Midstream, L.P.'s distributions
to foreign investors as being attributable to income that
is effectively connected with a United States trade or
business. Therefore, distributions to foreign
investors are subject to federal income tax withholding at
the highest applicable effective tax rate.