Mid-con Energy Partners, Lp (MCEP): Michael David Peterson , Chief Financial Officer of Mid-con Energy Partners, Lp sold 26,250 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $2.02 per share for a total value of $53,025.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Cameron O. Smith (director) purchased 5,000 shares at $1.11 per share price.On Dec 17, 2015, C Fred Jr Ball (director) purchased 15,000 shares at $1.15 per share price.Also, On Dec 16, 2015, Michael David Peterson (CFO) purchased 10,000 shares at $1.15 per share price.On Dec 14, 2015, Peter Iii Adamson (director) sold 33,000 shares at $1.39 per share price.
Mid-Con Energy Partners LP: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Mid-Con Energy Partners LP which led to swings in the share price. The shares opened for trading at $2.03 and hit $2.19 on the upside , eventually ending the session at $2.05, with a gain of 0.49% or 0.01 points. The heightened volatility saw the trading volume jump to 1,60,236 shares. The 52-week high of the share price is $5.55 and the company has a market cap of $61 M . The 52-week low of the share price is at $0.72.
Mid-Con Energy Partners LP engages in the acquisition exploitation and development of producing oil and natural gas properties in North America with a focus on Enhanced Oil Recovery (EOR). The Company’s properties are located in the Mid-Continent region of the United States in five core areas: Southern Oklahoma Northeastern Oklahoma parts of Oklahoma and Colorado within the Hugoton West Texas within the Eastern Shelf of the Permian and upper Texas Gulf Coast. The Company operates approximately 99% of its properties through its affiliate Mid-Con Energy Operating LLC. All of its non-operated wells are managed by third-party operators who are independent oil and natural gas companies. The Company designs and manages the development recompletion or work-over for all of the wells it operates and supervises operation and maintenance activities.