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Published on 5/6/2015 in the Prospect News PIPE Daily.

Mid-Con could raise $50 million through equity distribution agreement

Sales through group of agents will consist of company’s common units

By Devika Patel

Knoxville, Tenn., May 6 – Mid-Con Energy Partners, LP arranged a $50 million equity distribution agreement with RBC Capital Markets, LLC, MLV & Co. LLC, Raymond James & Associates, Inc., UBS Securities LLC and Wells Fargo Securities, LLC, according to a prospectus supplement filed Thursday with the Securities and Exchange Commission.

The company will sell its common units through the agents.

Mid-Con is a Dallas-based energy company.

Issuer:Mid-Con Energy Partners, LP
Issue:Equity distribution agreement
Amount:$50 million
Warrants:No
Agents:RBC Capital Markets, LLC, MLV & Co. LLC, Raymond James & Associates, Inc., UBS Securities LLC and Wells Fargo Securities, LLC
Settlement date:May 6
Stock symbol:Nasdaq: MCEP
Stock price:$6.64 at close May 5
Market capitalization:$196.33 million

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