Midstates Petroleum Company, Inc. MPO announced today that, as a result of its lenders' semi-annual
review, the borrowing base under its revolving credit facility has been
reaffirmed at $252 million. There are currently no borrowings under the
credit facility. The Company also provided an operational update for the
third quarter of 2015.
Operational Update
During the third quarter of 2015, total Company production averaged
32,609 barrels of oil equivalent (Boe) per day of which approximately
39% was oil, 21% was natural gas liquids ("NGLs") and the balance was
natural gas. The temporary interruption of production at a Midstates'
well site due to a
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