Mid-Con Energy Partners, LP announced unaudited consolidated earnings and operating results for the first quarter ended March 31, 2018. For the quarter, the company announced total revenues of $11,330,000 compared to $18,483,000 for the same period a year ago. Loss from operations was $9,070,000 compared to income from operations of $5,886,000 for the same period a year ago. Limited partners' interest in net loss was $11,311,000 or $0.37 per diluted share compared to net income of $3,591,000 or $0.11 per diluted share for the same period a year ago. Net cash provided by operating activities was $4,435,000 compared to $4,818,000 for the same period a year ago. Additions to oil and natural gas properties were $8,899,000 compared to $134,000 for the same period a year ago. Acquisitions of oil and natural gas properties were $1,465,000 compared to $2,167 a year ago. Adjusted EBITDA was $6,049,000 compared to $6,469,000 for the same period a year ago.

For the quarter, the company announced average net daily production of 2,800 Boe/d compared to 3,622 Boe/d for the same period a year ago.

The company provided operating and capital expenditure guidance for the full year of fiscal 2018. For the year, the company expects to report net production between 2,800 Boe/d and 3,200 Boe/d. Production taxes expected to be between 6% and 6.5% of total revenue. The company expects to report estimated capital expenditures of $12.0 million.