Mid-Con Enters Gulf Coast Region Through Acquisition

摘要

Mid-Con Energy Partners LP (NASDAQ: MCEP) announced Aug. 4 it entered the Gulf Coast region through a $19.4 million acquisition of a mature waterflood unit in South Texas. Mid-Con Energy Properties LLC, its wholly owned subsidiary, entered into an agreement to acquire interest in the Liberty South Waterflood Unit. The unit is a mature waterflood producing from a piercement salt dome underlying acreage in Liberty County, Texas. The seller was not disclosed.