DALLAS, July 25, 2013 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (Nasdaq:MCEP) ("Mid-Con Energy" or the "Partnership") announced today that the Board of Directors of its general partner declared an increase in the quarterly cash distribution rate to $0.515 per unit for the quarter ended June 30, 2013, or $2.06 per unit on an annualized basis. The distribution will be payable August 14, 2013 to unitholders of record at the close of business on August 7, 2013. This represents an approximate 8% increase over the second quarter 2012 cash distribution rate of $0.475 per unit and an approximate 2% sequential increase over the first quarter 2013 cash distribution rate of $0.505 per unit.
Earnings Release and Conference Call
Mid-Con Energy will release its financial and operating results for the second quarter ended June 30, 2013 after the market closes for trading on Tuesday, August 6, 2013.Management will host a conference call on Wednesday, August 7, 2013 at 10:30 a.m. ET (9:30 a.m. CT). Interested parties are invited to participate via telephone by dialing 1-877-847-5946 (Conference ID: 21675731) at least five minutes prior to the scheduled start time of the call, or via webcast by clicking on "Events & Presentations" in the investor relations section of the Mid-Con Energy website at www.midconenergypartners.com . A telephonic replay of the conference call will be available through August 14, 2013 by dialing 1-855-859-2056 (Conference ID: 21675731). Additionally, a webcast archive will be available at www.midconenergypartners.com . About Mid-Con Energy Partners, LP Mid-Con Energy is a Delaware limited partnership formed in July 2011 to own, operate, acquire, exploit and develop producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. Mid-Con Energy's core areas of operation are located in Southern Oklahoma, Northeastern Oklahoma and parts of Oklahoma and Colorado within the Hugoton Basin.
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