HOUSTON, Jan. 11, 2018 (GLOBE NEWSWIRE) -- EV Energy Partners, L.P. (NASDAQ:EVEP) today announced that it received
a determination from the NASDAQ Stock Market granting approval of EVEP’s request to transfer its listing to the NASDAQ Capital
Market from the NASDAQ Global Market. As a result of the transfer to the NASDAQ Capital Market, EVEP expects to be granted an
additional 180-day grace period to regain compliance with NASDAQ’s minimum bid price requirement.
EVEP expects its units to begin trading on the NASDAQ Capital Market effective at the start of trading on Tuesday, January 16,
2018. EVEP’s units will continue to trade on NASDAQ under the symbol “EVEP.” The NASDAQ Capital Market is a continuous trading
market that operates in substantially the same manner as the NASDAQ Global Market, and listed companies must meet certain financial
and corporate governance requirements to qualify for listing on the NASDAQ Capital Market.
About EV Energy Partners, L.P.
EV Energy Partners, L.P. is a master limited partnership engaged in acquiring, producing and developing oil and natural gas
properties. More information about EVEP is available on the Internet at http://www.evenergypartners.com.
(code #: EVEP/G)
Forward Looking Statements
This press release may include statements that are not historical facts which are “forward-looking statements”
within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements which include
words such as “anticipates,” “plans,” “projects,” “expects,” “intends,” “believes,” “should,” and similar expressions of
forward-looking information. Forward-looking statements are inherently uncertain and necessarily involve risks that may
affect the business prospects and performance of EVEP. These statements are based on certain assumptions made by EVEP based on its
experience and perception of historical trends, current conditions, expected future developments and other factors it believes are
appropriate in the circumstances. Actual results may differ materially from those contained in the press release. Such
risks and uncertainties include, but are not limited to, our ability to meet the financial covenants in our debt agreements and
continue as a going concern, changes in commodity prices, changes in reserve estimates, requirements and actions of purchasers of
properties, exploration and development activities, the availability and cost of financing, the returns on our capital investments
and acquisition strategies, the availability of sufficient cash flow to pay distributions and execute our business plan and general
economic conditions. Additional information on risks and uncertainties that could affect our business prospects and
performance are provided in the most recent reports of EVEP with the SEC. You are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements
included in this press release are expressly qualified in their entirety by the foregoing cautionary statements.
Any forward-looking statement speaks only as of the date on which such statement is made and EVEP undertakes no obligation to
correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.
EV Energy Partners, L.P., Houston
Nicholas Bobrowski
713-651-1144
http://www.evenergypartners.com
