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Mid-Con Energy Partners sets terms for $108 million IPO

December 2, 2011

Mid-Con Energy Partners LP, which operates and develops oil and natural gas properties in the central United States, announced terms for its IPO on Friday. The Tulsa, OK-based company plans to raise $108 million by offering 5.4 million shares at a price range of $19 to $21. At the mid-point of the proposed range, Mid-Con Energy Partners LP will command a market value of $353 million. Mid-Con Energy Partners LP plans to list on the NASDAQ under the symbol MCEP. RBC Capital Markets, Raymond James, and Wells Fargo Securities are the lead underwriters on the deal.