Midstates Petroleum Company

Amplify Energy Announces Release of $90 Million in Unencumbered Cash - Oil & Gas 360

Shareholders of Amplify Energy and Midstates Petroleum Greenlight Merger

August 5, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Amplify Energy and Midstates Petroleum to merge after receiving shareholder approval Amplify Energy Corporation (stock ticker: AMPY), a Houston-based independent E&P, has received the necessary shareholder approval for its previously announced all-stock merger-of-equals transaction with Midstates Petroleum Company (stock ticker: MPO). Likewise, Midstates’ shareholders also signed off on the deal at

Amplify Energy Announces Release of $90 Million in Unencumbered Cash

June 24, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Funds to be released from Beta decommissioning trust account Amplify Energy Corporation (stock ticker: AMPY), focused on operations in the Rockies, offshore California, east Texas, north Louisiana and south Texas, has announced the release of $90 million in unencumbered cash. The money will originate from the Beta decommissioning trust account. Following

Midstates Petroleum Company Presenting at The Oil and Gas Conference

July 19, 2018

Midstates Petroleum Company Inc. (NYSE: MPO) Company Overview Headquartered in Tulsa, OK, Midstates Petroleum Company, Inc. (NYSE: MPO) is an independent exploration and production company focused on oilfields in the Mississippian Lime play in Oklahoma and the Anadarko Basin in Texas and Oklahoma. Summary Q1-2018 Revenue: $52.8 million Q1-2018 Production: 19.2 MBOEPD Total Common Stock Outstanding: 25 million Enterprise Value: $411 million Total

Midstates Petroleum Announces Closing of Sale of Anadarko Basin Producing Properties

June 5, 2018

From Business Wire Midstates Petroleum Company, Inc. (“Midstates” or the “Company”) (NYSE: MPO) today announced the closing of the previously announced sale of its Anadarko Basin producing properties located in the Texas panhandle and western Oklahoma for $58 million. The net proceeds were approximately $54 million, subject to standard post-closing adjustments. The proceeds will be used to pay down a

Permian - Delaware Basin Action Virtually Nonstop Since Oct. 1

SandRidge Rejects Midstates’ Proposal

March 20, 2018

SandRidge Energy, Inc. (ticker: SD) said that its board of directors, after careful consideration and a detailed technical and financial review, has rejected Midstates Petroleum Company, Inc.’s (ticker: MPO) unsolicited public offer to combine the two companies in a stock-for-stock merger at a 60%/40% exchange ratio. After extensive analysis, SandRidge has concluded that the relative asset values of the two