One-Page Deal Sheet
Mid-Con Sells Off Southern Oklahoma Assets for $22MM
Exponent Energy III LLC Mid-Con Energy Partners Lp
Announced Date
December 29,2017
Effective Date
December 22,2017
Close Date
December 22,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
22
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Carter ,Love
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
[Summary: Mid-Con Energy Partners has sold its assets in Southern Oklahoma to Exponent Energy III LLC for $22 million.
According to its presentation, the assets include:
Proved reserves of 3.1 MMBOE Net production of 890 BOEPD (YE 2015) Carter and Love counties, Okla.]
Mid-Con Energy Partners, LP (NASDAQ:MCEP) ("Mid-Con Energy" or the "Partnership") today announces the sale of oil and natural gas assets within its Southern Oklahoma core area to Exponent Energy III, LLC ("Buyer"), a Tulsa-based company. The sale closed on December 22nd at a purchase price of $22.0 Million with an effective…
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