Your Portal for Key Energy Information and Research

Midstates Petroleum Company

Company Summary

Description

Midstates Petroleum Company, Inc. is an independent exploration and production company focused on the application of modern drilling and completion techniques in oil and liquids-rich basins in the onshore U.S. The Company's operations are currently focused on oilfields in the Mississippian Lime play in Oklahoma and the Anadarko Basin in Texas and Oklahoma.

Website

http://phx.corporate-ir.net/phoenix.zhtml?c=250890...

Operational Regions

  • Mississippi Lime
  • Anadarko Basin

Financial Data:

NYSE:MPO from Google Finance

Tickers:

  • MPO - New York Stock Exchange

Related Entities

Recent news

  • 11/7/2019 - Amplify Energy... (subscriber access)
  • 11/6/2019 - Amplify Energy Reports... (subscriber access)
  • 8/7/2019 - Amplify Issues 2H19... (subscriber access)
  • 8/7/2019 - Amplify Forecasting $38... (subscriber access)
  • 8/7/2019 - Amplify Forecasting... (subscriber access)

Investor Presentations

  • Amplify Energy - Midstates Petroleum Merger Presentation
  • Q2 2018 Earnings Call Supplement (subscriber access)
  • May 2018 Investor Presentation (subscriber access)
  • Q4 2017 Earnings Supplement (subscriber access)
  • 3Q17 Investor Presentation (subscriber access)
  • July 2017 Investor Presentation (subscriber access)
  • 1Q17 Investor Presentation (subscriber access)
  • Investor Presentation - March 2017 (subscriber access)
  • May 2016 Management Presentation (subscriber access)

Company Transactions

Date: 8/5/2019
Type: Merger

NOTES:
Midstates Petroleum and Amplify Energy have signed a merger agreement which will be an all-stock merger-of-equals. Under the deal, Amplify shareholders will receive 0.933 shares of Midstates common stock for each share held.
REGIONS:
  • Mississippi Lime
  • Rockies
  • Offshore California
  • East Texas/Louisiana
  • South Texas
  • Date: 12/31/2018
    Type: Merger

    NOTES:
    Midstates Petroleum has proposed a business combination to SandRidge Energy to be done through an all-stock deal, which included a letter sent to the Sandridge Board of Directors urging a friendly transaction. Initial terms would have SandRidge hold a 60% stake in the company versus Midstates 40%.
    REGIONS:
  • Oklahoma STACK Play
  • Mississippi Lime
  • DJ Basin
  • Date: 6/5/2018
    Type: Acquisition

    DETAILS:

    COST: 58 $MM

    VOLUMES: 3.9 MBOE/d

    REGIONS:
  • Anadarko Basin
  • Date: 9/15/2017
    Type: Acquisition

    DETAILS:

    COST: 7 $MM

    VOLUMES: 0.7 MBOE/d

    NOTES:
    Midstates Petroleum reported that during July 2017, the Company entered into an agreement to sell its non-core assets located in Lincoln County, Oklahoma for $7.0 million.
    REGIONS:
  • Midcontinent