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Teekay Offshore Partners Announces Fourth Quarter and Fiscal Year 2011 Earnings Results Conference Call

HAMILTON, BERMUDA — (Marketwire) — 02/13/12 — Teekay Offshore Partners (Teekay Offshore or the Partnership) (NYSE: TOO) plans to release its financial results for the fourth quarter and fiscal year 2011 before market open on Thursday, February 23, 2012.

The Partnership also plans to host a conference call on Friday, February 24, 2012 at 12:30 p.m. (ET) to discuss the results for the fourth quarter and fiscal year 2011. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options:

A supporting Fourth Quarter and Fiscal Year 2011 Earnings Presentation will also be available at in advance of the conference call start time.

The conference call will be recorded and available until Friday, March 2, 2012. This recording can be accessed following the live call by dialing (888) 203-1112 or (647) 436-0148, if outside North America, and entering access code 3063466.

About Teekay Offshore

Teekay Offshore Partners L.P., a publicly-traded master limited partnership formed by Teekay Corporation (NYSE: TK), is an international provider of marine transportation, oil production and storage services to the offshore oil industry. Teekay Offshore owns 40 shuttle tankers (including four chartered-in vessels and four committed newbuildings), five Floating Storage and Offtake (FSO) units, ten conventional oil tankers, and three Floating Production Storage and Offloading (FPSO) units. Teekay Offshore also has rights to participate in certain other FPSO and shuttle tanker opportunities provided by its sponsor, Teekay Corporation.

Teekay Offshore–s common units trade on the New York Stock Exchange under the symbol “TOO”.

Contacts:
Teekay Offshore Partners L.P.
Kent Alekson
Investor Relations Enquiries
+1 (604) 609-6442

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