Constellation Energy Partners LLC (CEP)

[stockprofitter]

New asset aquisirion:

The acquired assets include 67 wells, 75% operated by SOG, with current net production of approximately 1,167 Boe per day, of which approximately 25% is oil and natural gas liquids production. Based on internal reserve estimates and forward prices as of June 30, 2013, the assets provide total reserves of 1,658 MBoe, of which approximately 87% are proved developed. The acquisition has an effective date of August 1, 2013.