Cypress Energy Partners, L.P. 2013 Annual Report Available Online

The Annual Report on Form 10-K for Cypress Energy Partners, L.P.’s (NYSE:CELP) (the “Partnership”) fiscal year ended December 31, 2013, as filed with the Securities and Exchange Commission, is available in the Investors section of the Partnership’s website at www.cypressenergy.com. The financial statements of the Partnership included on Form 10-K do not reflect the contribution of Cypress Energy Partners, LLC (the “Partnership’s predecessor”) or the contribution of 50.1% of Tulsa Inspection Resources, LLC, Tulsa Inspection Resources – NDE, LLC, Tulsa Inspection Resources – Canada ULC and Foley Inspection Services ULC (the “TIR Entities”), both of which occurred on January 21, 2014. The financial statements of the Partnership do reflect certain costs associated with the $120 million secured credit facility with Deutsche Bank and BMO Harris Bank acting as arrangers executed on December 24, 2013, as well as certain costs associated with the IPO which closed on January 21, 2014.

The Partnership’s predecessor financial statements and the TIR Entities financial statements are also included on this Form 10-K. Certain operations reflected in the financial statements of the Partnership’s predecessor were not contributed to the Partnership at IPO on January 21, 2014, including the operations of a SWD facility in Sheridan, MT and a SWD permit in Prairie Lakes, ND. Unitholders may receive a printed copy of the annual report on Form 10-K free of charge by contacting Investor Relations at Cypress Energy Partners, L.P., 5727 South Lewis Avenue, Suite 500, Tulsa, OK 74105, or emailing ir@cypressenergy.com.

About Cypress Energy Partners, L.P.

Cypress Energy Partners, L.P. is a growth-oriented master limited partnership that provides saltwater disposal and other water and environmental services to U.S. onshore oil and natural gas producers and trucking companies in North Dakota and west Texas. Cypress also provides independent pipeline inspection and integrity services to producers and pipeline companies throughout the U.S. and Canada. In both of these business segments, Cypress works closely with its customers to help them comply with increasingly complex and strict environmental and safety rules and regulations and reduce their operating costs. Cypress was founded by Cypress Energy Holdings, LLC, an entity controlled by the family of Charles C. Stephenson, Jr. and by Peter C. Boylan III, the Chairman and CEO of Cypress. Cypress is headquartered in Tulsa, Oklahoma.

Contacts:

Cypress Energy Partners, L.P.
Les Austin, 918-748-3907
Chief Financial Officer
les@cypressenergy.com

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