CSI Compressco LP announced that Spartan Energy Partners LP ("Spartan") is acquiring from TETRA Technologies Inc. ("TETRA"), the Partnership's General Partner, incentive distribution rights ("IDRs") and a majority of the common units in CSI Compressco previously owned by TETRA. CSI Compressco will continue to be listed on NASDAQ and does not expect any changes to its capital structure as a result of this transaction. CSI Compressco will not issue any common units nor incur any incremental indebtedness as a result of the transaction. In connection with the transaction Jon Byers will become Chief Financial Officer of CSI Compressco, replacing Elijio Serrano. Jon Byers has 15 years of energy industry experience serving in financial and corporate development roles at Spartan, Price Gregory Services Inc. (a division of Quanta Services), and private equity firm SCF Partners.