One thing to keep an eye on with Mid-Con Energy Partners (MCEP) is the status of its credit facility. At the last report, Mid-Con had $67 million borrowed under the credit facility and a $110 million borrowing base. It is also able to continue paying down its credit facility at current oil prices.
This situation would generally mean that its credit facility shouldn't pose a problem. However, Mid-Con's credit facility currently matures in November 2020, and small oil and gas companies have sometimes seen significant borrowing base reductions recently.
Thus, there is the possibility