WASHINGTON (dpa-AFX) - Mid-Con Energy Partners LP announced that it has commenced an initial public offering of 5.40 million common units representing limited partner interests in Mid-Con Energy. The underwriters will be granted a 30-day option to purchase from Mid-Con Energy up to an additional 810,000 common units to cover over-allotments, if any.
The common units being offered to the public represent a 30.0% limited partner interest in Mid-Con Energy, or a 34.5% limited partner interest if the underwriters exercise their over-allotment option in full.
The common units will be listed on the NASDAQ Global Market and traded under the symbol 'MCEP.'
Copyright RTT News/dpa-AFX