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Midstates Petroleum (MPO)

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Last Post: 4/12/2013 10:38:44 PM - Followers: 4 - Board type: Free - Posts Today: 0
MIDSTATES PETROLEUM
Midstates Petroleum Company, Inc. (NYSE:MPO) is an independent exploration and production company focused on the application of modern drilling and completion techniques to oil-prone resources in previously discovered yet underdeveloped hydrocarbon trends.

In 2011, Midstates produced an average of 7,499 barrels of oil equivalent per day, up 96% from 2010. About 59% of production was oil and 11% was natural gas liquids.

During 2011, proved reserves grew 55% and at year-end totaled 26.2 million barrels of oil equivalent, of which 75% was oil and natural gas liquids. "We replaced 340% of our 2011 production at an average cost of $21.94 per Boe."

Ranked higher than the majors in Louisiana Gulf Coast onshore oil production!!

News News Alert: Midstates Petroleum Announces Pricing of $700 Million Private Placement of 9.25% Senior Notes Due 2021 05/23/2013 04:52:00 PM
PostSubject
#5   Really more of a Texas acquisition. Of the Countmein 04/12/13 10:38:43 PM
#4   I haven't had a chance to check the crude-dude 04/11/13 12:09:14 AM
#3   Anyone following the latest acquisition here? I know Countmein 04/05/13 11:06:17 PM
#2   I think it's time to buy. Kickass 07/02/12 09:30:53 PM
#1   I have waited for this IPO to settle crude-dude 06/07/12 10:20:45 PM
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