Jeffrey Olmstead Sample Contracts

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director, officer: Chief Financial Officer until January 31st, 2013
Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces Second Quarter 2016 Operating and Financial Results (August 2nd, 2016)

TULSA, August 1, 2016 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the second quarter ended June 30, 2016. "The past two quarters have been transformational for the Partnership," commented Jeff Olmstead, President and CEO. "Our technical team has done an exceptional job of continuing to manage our wells and production in the most efficient way. To supplement our operating success during the second quarter, we have taken meaningful steps to improve the balance sheet. In the last week, we closed on the previously announced Hugoton divestiture, and separately entered into a definitive agreement to acquire Permian bolt-on properties to be funded through our previously announced private financing. The combined effect of recent debt reduction and additional collateral from the pending Permian acquisition, subject to closing, resulted in our lender group committing to a conforming borrowing base.”

Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces First Quarter 2016 Operating and Financial Results (May 2nd, 2016)

DALLAS, May 2, 2016 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the first quarter ended March 31, 2016. "The Partnership delivered another positive quarter,” commented Jeff Olmstead, President and CEO. "Amid continued commodity market volatility, our performance during the first quarter 2016 met or exceeded guidance on every measure. Most notably, we began 2016 by paying down $11 million in debt, organically funding $1.7 million in capital spending and reducing per Boe lease operating expenses by 18% sequentially and 28% year-over-year. I applaud the hard work and diligence of the entire Mid-Con Energy team in first quarter 2016 and look forward to more of the same in the quarters ahead."

Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces Third Quarter 2015 Operating and Financial Results (November 2nd, 2015)

DALLAS, November 2, 2015 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the third quarter ended September 30, 2015. "I believe the adversity our Partnership has faced during the past year has revealed the true character of Mid-Con Energy," commented Jeff Olmstead, President and CEO. "We are, and have always been, a conservative organization that works hard and focuses on our strengths. To this end, in response to low oil prices, we have been compelled to make tough decisions that look to the long-term value of the Partnership. I am extremely proud of our team's execution during the third quarter and year-to-date; in 2015, we have grown production 6.6% by spending approximately $11 million in capital while lowering per Boe cash operating costs by 23.7%, reducing our debt outstanding by 7.3%, and last but not least, adhering to our strategic focus. I commend the fine work of the entire Mid-Con Energ

Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces Second Quarter 2015 Operating and Financial Results (August 4th, 2015)

DALLAS, August 3, 2015 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the second quarter ended June 30, 2015. “Mid-Con Energy reported strong financial and operating performance during the second quarter of 2015,” remarked Jeff Olmstead, President and CEO of Mid-Con Energy.  “Growing production with a limited capital budget, combined with a decrease in operating expenses, resulted in growth in distributable cash flow, all while paying down debt during the quarter.  In spite of severe spring weather, our team was able to execute strong operations, and I am proud of what they have been able to accomplish.  I’m excited to present our results this quarter, as well as increased production guidance for the remainder of the year, however, I remain frustrated by the contrast between our partnership’s operating and financial results and the market’s pricing of MCEP units.”

Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces First Quarter 2015 Operating and Financial Results (May 5th, 2015)

DALLAS, May 4, 2015 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the first quarter ended March 31, 2015.  “Production is the single most impactful element of Mid-Con’s Energy’s operating performance, and I am pleased to report volumes in the first quarter of 2015 exceeded expectations,” commented Jeff Olmstead, Mid-Con Energy’s Chief Executive Officer.  “I commend the hard work of our operations team, especially in challenging winter weather, and look forward to continued success in the future.”

Mid-Con Energy Partners, LP – Mid-Con Energy Partners, LP Announces Operating and Financial Results for the Third Quarter 2014 (November 3rd, 2014)

DALLAS, November 3, 2014 – Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the third quarter ended September 30, 2014.  “The combined effect of our acquisitions thus far this year as well as the result of our CAPEX development, especially in Northeastern Oklahoma, have led to rising production and decreasing per barrel equivalent lease operating expenses in the third quarter," said Jeff Olmstead, Chief Executive Officer.  "We are eager to add the Eastern Shelf properties to our portfolio and commence our development plans on these assets. We expect these properties will help us to continue growing production and decreasing operating costs on a per barrel basis.  We recognize there is more work to be done to continue this trend, especially in the current volatile commodity price environment, and we believe we have the right team and assets to continue to deliver the results you expect of us."

Mid-Con Energy Partners, LP – EMPLOYMENT AGREEMENT (December 23rd, 2011)

This EMPLOYMENT AGREEMENT, dated as of August 1, 2011 (together with any Exhibits hereto, the “Agreement”), is entered into by and among Mid-Con Energy Partners L.P. (“Mid-Con Partners”), Mid-Con Energy GP, LLC (“MCGP”), and Jeffrey R. Olmstead (the “Executive”). As used herein, the term “Employer” shall be deemed to refer to Mid-Con Partners and/or MCGP and/or such other affiliates designated pursuant to Section 3(a), as the context requires, and the term “Mid-Con Entity” shall be deemed to refer to each Employer and its subsidiaries.