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One-Page Deal Sheet

Mid-Con to Acquire Assets in Liberty County, Texas

Mid-Con Energy Partners Lp Not Disclosed
AnnouncedAug 6, 2014
TypeProperty
Announced Date
August 06,2014
Effective Date
July 01,2014
Close Date
August 29,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
19




Snapshot
Asset/Basin:
{"Gulf Coast"}
% Oil:
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Location
Country
United States

State
Texas

County
Liberty


Transaction Details:  Subscribe to see

Mid-Con Energy Partners, LP has entered into a definitive agreement to acquire net proved developed producing oil reserves estimated at 658 thousand barrels of oil for an aggregate purchase price of approximately $19.4 million.

The acquisition, subject to customary post-closing adjustments, will be funded with available cash and borrowings under the Partnership's revolving credit facility and is expected to close on August 29, 2014, with an effective date of July 1, 2014.

The acquired position, the Liberty South Waterflood Unit, is a mature waterflood producing from a piercement salt dome…


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United States Deal Activity In Last 12 Months


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