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Mid-Con Energy Partners LP (MCEP.OQ)

MCEP.OQ on NASDAQ Stock Exchange Global Select Market

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13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Mid-Con energy partners posts Q3 loss of $0.29 per share
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Mid-con Energy Partners Lp :Mid-Con Energy Partners LP announces third quarter 2017 results and $25 million divestiture of southern Oklahoma assets.Q3 loss per share $0.29.Qtrly ‍production averaged 3,500 BOE/D, a decrease of 1.7% sequentially and a decrease of 11.5% year-over-year​.For Q3 of 2017, recorded approximately $4.9 million of non-cash impairment expense related to one of Permian projects​.Sees ‍fy2017 net production 3,500 BOE/D to 3,600 BOE/D​.Estimated capital expenditures for FY 2017 $10 million​.Qtrly ‍total revenues $11.2 million versus $14.0 million.  Full Article

Mid-Con Energy Partners announces Class B preferred equity investment
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Mid-con Energy Partners LP :Mid-Con Energy Partners LP announces strategic class B preferred equity investment.Preferred units will be issued at a price of $1.36 per class B preferred unit​.Definitive agreement whereby Mid-Con Energy to sell up to $15.0 million of class B convertible preferred units in private offering​.  Full Article

Mid-Con Energy Partners says Matthew R. Lewis informed co's general partner of his resignation as CFO
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Mid-con Energy Partners Lp ::On Nov 6, Matthew R. Lewis informed co's general partner, Mid-Con Energy GP, of his resignation as CFO.Lewis' resignation was effective immediately but he will continue to serve in an advisory role with partnership until Nov 30​.  Full Article

Mid-Con Energy announces closing of Permian acquisition
Thursday, 11 Aug 2016 

Mid-con Energy Partners Lp : Mid-Con energy partners, lp announces closing of permian acquisition, strategic preferred investment, and conforming borrowing base . Says co and its lenders executed amendment no. 10 to partnership's credit agreement on august 11, 2016 . Con energy partners lp - pro forma for net proceeds from permian acquisition and offering, debt outstanding will be approximately $133 million .Con energy partners says amendment increasing conforming borrowing base of partnership's senior secured revolving credit facility to $140 million.  Full Article

Mid-Con Energy Partners qtrly loss $0.52 per limited partner unit
Tuesday, 2 Aug 2016 

Mid-con Energy Partners Lp : Con Energy Partners, LP announces second quarter 2016 operating and financial results . Qtrly production averaged 4,077 boe/d, a decrease of 4.9% sequentially and a decrease of 11.7% year-over-year . Qtrly total revenues $4.7 million versus $12.7 million . Con energy partners lp sees fy net production 3,850 - 4,250 boe/d . Qtrly loss per share $0.52 per limited partner unit .Q2 earnings per share view $0.13, revenue view $20.7 million -- Thomson Reuters I/B/E/S.  Full Article

Mid-Con Energy Partners qtrly loss $0.52 per limited partner unit
Monday, 1 Aug 2016 

Mid-con Energy Partners Lp : Con Energy Partners, LP announces second quarter 2016 operating and financial results . Qtrly production averaged 4,077 boe/d, a decrease of 4.9% sequentially and a decrease of 11.7% year-over-year . Qtrly total revenues $4.7 million versus $12.7 million . Con energy partners lp sees fy net production 3,850 - 4,250 boe/d . Qtrly loss per share $0.52 per limited partner unit .Q2 earnings per share view $0.13, revenue view $20.7 million -- Thomson Reuters I/B/E/S.  Full Article

Mid-Con Energy Partners to buy Permian Bolt-On in a deal valued at about $19.5 mln
Monday, 1 Aug 2016 

Mid-con Energy Partners Lp : Mid-Con Energy Partners Lp announces Permian Bolt-On acquisition and conforming borrowing base . Mid-Con Energy Partners Lp - received unanimous lender support to increase pro forma conforming borrowing base of its revolving credit facility to $140 million . Mid-Con Energy Partners Lp - acquisition will be funded through private financing from investors including affiliates of bonanza capital . Mid-Con Energy Partners Lp - to acquire oil and natural gas properties in Nolan County, Texas .Mid-Con Energy Partners Lp says deal valued at approximately $19.5 million.  Full Article

Mid-Con Energy Partnersannounces $18 mln divestiture of Hugoton assets
Friday, 27 May 2016 

Mid-con Energy Partners Lp : Proceeds from sale will be used to reduce borrowings outstanding under partnership's revolving credit facility . Con energy partners lp - entered agreement to sell oil and natural gas assets within its hugoton area to undisclosed and unaffiliated buyer .Con energy partners, lp announces $18 million divestiture of hugoton assets.  Full Article

BRIEF-Mid-Con energy partners posts Q3 loss of $0.29 per share

* Mid-Con Energy Partners LP announces third quarter 2017 results and $25 million divestiture of southern Oklahoma assets