Mid-Con Energy Partners (MCEP) Misses Q3 EPS by 5c
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Mid-Con Energy Partners, LP Announces Third Quarter 2016 Operating and Financial Results and Reaffirmation of $140 Million Borrowing Base
October 31, 2016 4:17 PM EDTTULSA, Oct. 31, 2016 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (NASDAQ: MCEP) (Mid-Con Energy or the Partnership) announces operating and financial results for the third quarter ended September 30, 2016. "In the third quarter, we made significant progress in lowering costs, reducing debt, and increasing liquidity," commented Jeff Olmstead, President and CEO. "Specifically, we closed on the sale of our Hugoton core area, which was one of our highest cost assets on a per Boe basis, completed a Permian bolt-on acquisition, which represented some of the lowest cost production in our portfolio on a per Boe... More
