TULSA, May 25, 2017 (GLOBE NEWSWIRE) — Mid-Con Energy Partners, LP (NASDAQ:MCEP) (“Mid-Con Energy” or the “Partnership”) announced today that its lender group has reaffirmed the Partnership’s $140 million borrowing base as part of the regularly scheduled semi-annual redetermination. There were no changes to the terms or conditions of the credit agreement. The next semi-annual borrowing base redetermination is scheduled to occur on or about October 30, 2017. Mid-Con Energy had $118.5 million in total borrowings outstanding under its revolving credit facility as of May 24, 2017.
ABOUT MID-CON ENERGY PARTNERS, LP
Mid-Con Energy is a publicly held Delaware limited partnership formed in July 2011 to own, acquire, exploit and develop producing oil and natural gas properties in North America, with a focus on Enhanced Oil Recovery. Mid-Con Energy’s core areas of operation are located in Southern Oklahoma, Northeastern Oklahoma, and the Permian. For more information, please visit Mid-Con Energy’s website at www.midconenergypartners.com.