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Mid-Con Energy launches 5.8M-unit public offering

Nov. 10, 2014 4:59 PM ETMid-Con Energy Partners, LP (MCEP) StockBy: Carl Surran, SA News Editor1 Comment
  • Mid-Con Energy Partners (NASDAQ:MCEP) -4.3% AH after announcing a public offering of 5.8M common units, with an underwriters option to purchase up to 870K additional units.
  • MCEP says it plans to use the proceeds to fund part of the purchase price of its previously announced pending acquisition of the Eastern Shelf properties in the Permian Basin in west Texas.

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