Mid-Con Energy Prices 5.8M Units At $17.27/Share

Mid-Con Energy Partners, LP MCEP ("Mid-Con Energy" or the "Partnership") announces that it has priced 5,800,000 common units representing limited partner interests in the Partnership ("common units") at an offering price to the public of $17.27 per common unit in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (the "SEC"). The underwriters have been granted a 30-day option to purchase up to an additional 870,000 common units. The offering is expected to close on November 14, 2014, subject to customary closing conditions. Mid-Con Energy intends to use the net proceeds of this offering to fund a portion of the purchase price of its previously announced pending acquisition of the Eastern Shelf properties in the Permian Basin in West Texas. To the extent that the underwriters' exercise their option to purchase additional common units, Mid-Con Energy will use any additional proceeds to fund a portion of the purchase price for the pending Eastern Shelf properties acquisition unless the acquisition has closed prior to such exercise, in which case Mid-Con Energy will use any such additional proceeds to repay indebtedness outstanding under its credit facility. In the event that the acquisition of the Eastern Shelf properties does not close, Mid-Con Energy would use the net proceeds of the offering and any exercise by the underwriters of their option to purchase additional common units to repay debt outstanding under its credit facility and for general partnership purposes. RBC Capital Markets, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Raymond James & Associates, Inc., UBS Securities LLC, Wells Fargo Securities, LLC and Robert W. Baird & Co. Inc. are acting as joint book-running managers. Oppenheimer & Co. Inc., Comerica Securities, Inc., Ladenburg Thalmann & Co. Inc., MLV & Co. LLC and Wunderlich Securities, Inc. are acting as co-managers for the offering. The offering of these securities may be made only by means of the prospectus supplement and accompanying prospectus. Investors may obtain copies of the prospectus supplement and accompanying base prospectus relating to the offering by visiting the SEC website at www.sec.gov or by contacting the any of the underwriters listed below: RBC Capital Markets, LLC Attention: Equity Syndicate Three World Financial Center 200 Vesey Street, 8th Floor New York, New York 10281 Telephone: (877) 822-4089 Email: equityprospectus@rbccm.com BofA Merrill Lynch Attention: Prospectus Department 222 Broadway New York, New York 10038 Email: dg.prospectus_requests@baml.com Raymond James & Associates, Inc. Attention: Equity Syndicate 880 Carillon Parkway Tower 3, 5th Floor St. Petersburg, Florida 33716 Telephone: (800) 248-8863 Email: prospectus@raymondjames.com UBS Securities LLC Attention: Prospectus Department 299 Park Avenue New York, New York 10171 Telephone: (888) 827-7275 Wells Fargo Securities, LLC Attention: Equity Syndicate Department 375 Park Avenue New York, New York 10152 Telephone: (800) 326-5897 Email: cmclientsupport@wellsfargo.com Robert W. Baird & Co. Incorporated Attention: Equity Syndicate 777 East Wisconsin Avenue Milwaukee, Wisconsin 53202-5391 Telephone: (800) 792-2473 Email: syndicate@rwbaird.com A registration statement relating to these securities has been filed with the SEC and declared effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.