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EV Energy Partners Announces Pricing Of Public Offering Of Common Units

HOUSTON, Oct. 18, 2013 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) (the "Partnership") today announced that its public offering of 5,000,000 common units was priced at $36.86 per unit to the public. The Partnership expects the delivery to occur on October 23, 2013. In addition, the underwriters have an over-allotment option to purchase up to 750,000 common units. 

Assuming no exercise of the over-allotment option, the Partnership expects to receive net proceeds from the offering of approximately $181.2 million, after deducting the underwriting discounts and commissions and estimated offering expenses, and including the Partnership's general partner's proportionate capital contribution.

The Partnership intends to use the net proceeds from the offering, including the proceeds from any exercise of the over-allotment option of common units, to repay borrowings outstanding under its senior secured credit facility.

Wells Fargo Securities, Citigroup, J.P. Morgan, Raymond James, RBC Capital Markets, Baird, and Credit Suisse will act as joint book-running managers of the underwritten offering of common units. This offering of common units will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained from:

Wells Fargo SecuritiesAttn: Equity Syndicate Dept.375 Park AvenueNew York, NY 10152Telephone: (800) 326-5897 Email:  cmclientsupport@wellsfargo.com

Citigroup c/o Broadridge Financial Solutions1155 Long Island Avenue Edgewood, NY 11717Phone: (800) 831-9146Email: batprospectsdept@citi.com

J.P. Morganvia Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: (866) 803-9204

Raymond JamesAttn: Prospectus Department880 Carillon Parkway St. Petersburg, FL 33716Telephone: (800) 248-8863Email: prospectus@raymondjames.com  

RBC Capital MarketsAttn: Equity SyndicateThree World Financial Center200 Vesey Street, 8th Floor New York, NY 10281-8098Telephone: (877) 822-4089

BairdAttention: Syndicate Department777 East Wisconsin Avenue Milwaukee, WI 53202-5391Telephone: (800) 792-2413Email:  syndicate@rwbaird.com

Credit SuisseAttn: Prospectus DepartmentOne Madison Avenue New York, NY 10010Telephone: (800) 221-1037Email: Newyork.prospectus@credit-suisse.com

An electronic copy of the preliminary prospectus supplement and accompanying base prospectus may also be obtained at no charge at the Securities and Exchange Commission's website at www.sec.gov.

EV Energy Partners, L.P., is a master limited partnership engaged in acquiring, producing and developing oil and gas properties.

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