Constellation Energy Partners LLC (CEP)

[Timothy Smith]

CEPs Adjusted EBITDA improves by 18% in the fourth quarter 2012

CEPs Mid-Continent drilling efforts result in net oil production of 396 barrels per day in the fourth quarter 2012, an increase of 45% over the prior quarter

CEP reports a 14% increase in oil production year-on-year

CEPs strategic focus to remain on Mid-Continent oil opportunities, with oil production expected to account for 50% of CEPs 2013 sales revenue

I like $CEP here. Good junior value proposition.