Mid-Con Energy (MCEP) Announces 5.4 Million Share Initial Public Offering

December 6, 2011 5:20 PM EST
Mid-Con Energy Partners, LP (Nasdaq: MCEP) announced today that it has commenced an initial public offering of 5,400,000 common units representing limited partner interests in Mid-Con Energy. The underwriters will be granted a 30-day option to purchase from Mid-Con Energy up to an additional 810,000 common units to cover over-allotments, if any.

The common units being offered to the public represent a 30.0% limited partner interest in Mid-Con Energy, or a 34.5% limited partner interest if the underwriters exercise their over-allotment option in full. The common units will be listed on the NASDAQ Global Market and traded under the symbol "MCEP."

RBC Capital Markets, LLC, Raymond James & Associates, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers. Robert W. Baird & Co. Incorporated and Oppenheimer & Co., Inc. are acting as co-managers for the offering. This offering of common units will be made only by means of a prospectus.


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