Mid-Con Energy Partners, LP announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate to $0.505 per unit for the quarter ended March 31, 2013, or $2.02 per unit on an annualized basis. The distribution will be payable May 14, 2013 to all unit holders of record at the close of business on May 7, 2013. This represents an approximate 6% increase over the first quarter 2012 cash distribution rate of $0.475 per unit and an approximate 2% sequential increase over the fourth quarter 2012 cash distribution rate of $0.495 per unit.

The partnership also announced that the board of directors of its general partner expanded to nine directors, with the appointment of Dr. Michael Wiggins and Mr. Fred Ball, Jr., effective April 22, 2013. Mr. Ball is joining the board as an independent director and a member of the audit committee. Dr. Michael Wiggins currently serves as Mid-Con Energy's Executive Vice President and Chief Engineer. Mr. Fred Ball, Jr. currently serves as Senior Chairman of the Board for Bank of Texas.