Teekay Offshore Partners LP (NYSE:TOO) Q2 2020 Earnings Conference Call - Final Transcript

Aug 06, 2020 • 09:00 am ET

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Teekay Offshore Partners LP (NYSE:TOO) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Executive
Ingvild Saether

it's our cost to keep the units in lay-up. And I would say that it's between $5 million to $6 million -- or $5 million plus per year to keep them in a condition where we can redeploy them to next opportunity.

Analyst
Ryan Ball

Okay. Thank you.

Executive
Ingvild Saether

Does that answer your question?

Analyst
Ryan Ball

Yes, it does for sure. Thank you.

Executive
Ingvild Saether

Thank you.

Operator
Operator

Thank you. [Operator Instructions] It appears that there are no further questions at this time. I'd like to turn the conference back to Ms. Saether for any additional or closing remarks.

Executive
Ingvild Saether

Thank you. I just want to thank everyone for joining us on this second quarter earnings call and wish you a continued nice day. Thank you very much.

Executive
Jan Rune Steinsland

Thank you.

Operator
Operator

[Operator Closing Remarks]