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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 04:24pm EST 

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 04:22pm EST 

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 06:19am EST 

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 Partners Q2 loss per share $0.52
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Mid-Con Energy Partners Lp :Mid-Con Energy Partners, Lp announces second quarter 2017 operating and financial results.Q2 loss per share $0.52.Mid-Con energy partners Lp qtrly ‍average net daily production 3,560 BOE/D versus 4,077​ BOE/D; FY net production guidance 3,600 BOE/D to 3,800 BOE/D.  Full Article

Mid-Con Energy Partners reports Q4 net loss per unit $0.14
Tuesday, 28 Feb 2017 04:14pm EST 

Mid-con Energy Partners Lp : Mid-Con energy partners, lp announces fourth quarter and full year 2016 financial and operating results, 2016 year end proved reserves, and 2017 guidance . Mid-Con energy partners lp - mid-con energy's year end 2016 estimated net proved reserves were 19.2 mmboe, representing an approximate 13.9% decrease . Mid-Con energy partners LP - production for q4 of 2016 was 353 mboe, or 3,837 boe/d, which, on a daily basis, represents 3.0% decrease from q3 of 2016 . Sees 2017 net production 3,500 - 3,900 boe/d . Qtrly net loss per unit $0.14 . For q4 of 2016, mid-con energy reported net loss of $0.14 per limited partner unit . Mid-Con energy partners LP - sees fy lease operating expenses per boe $14.50 - $16.50 .Mid-Con energy partners lp sees 2017 estimated capital expenditures $13.0 million.  Full Article

Mid-Con Energy announces Q3 2016 operating and financial results
Monday, 31 Oct 2016 04:17pm EDT 

Mid-con Energy Partners Lp - : Mid-Con Energy Partners, LP announces third quarter 2016 operating and financial results and reaffirmation of $140 million borrowing base . Qtrly production averaged 3,957 boe/d, a decrease of 2.9% sequentially and a decrease of 18.6% year-over-year . Qtrly total operating revenues decreased 9.2% from previous quarter and decreased 28.7% from Q3 of 2015 on a per boe basis . Sees FY 2016 net production 3,950-4,150 boe/d .Sees estimated capital expenditures of $8.0 mmln in FY 2016.  Full Article

Mid-Con Energy announces closing of Permian acquisition
Thursday, 11 Aug 2016 05:55pm EDT 

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
Monday, 1 Aug 2016 08:37pm EDT 

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 06:25pm EDT 

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 08:47am EDT 

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

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