Mid-Con Energy Partners, LP (MCEP) IPO Trades Lower

December 15, 2011 12:26 PM EST
The IPO for Mid-Con Energy Partners, LP (Nasdaq: MCEP) is trading fractionally lower. Shares are trading at $17.85 after pricing 5,400,000 common units at $18.

RBC Capital Markets, Raymond James and Wells Fargo Securities are acting as joint book-running managers for the offering.

Mid-Con Energy is a Delaware limited partnership formed in July 2011 to own, operate, acquire, exploit and develop producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. Mid-Con Energy's core areas of operation are located in Southern Oklahoma, Northeastern Oklahoma and parts of Oklahoma and Colorado within the Hugoton Basin.


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