One-Page Deal Sheet
Amplify Energy, Midstates Petroleum Merge in All-Stock Deal
Amplify Energy Corp. Midstates Petroleum
Announced Date
May 06,2019
Close Date
August 06,2019
Transaction Type
Corporate
Asset/Basin:
{"Mississippian Lime (Oklahoma)","Ark-La-Tex (East Texas/North Louisiana)","Eagle Ford (South Texas)","Rockies CO2 (Bairoil, WY)","California Offshore (Beta)"}
TargetZones:
{"Mississippian Lime
Net Acres
Proved Reserves
Location
Region
Mid-Continent
Country
United States
State
Oklahoma
Play
Production & Reserves Production
Production Mix
Reserves
Transaction Details: Subscribe to see
Amplify Energy Corp. and Midstates Petroleum Company, Inc. have inked an all-stock "merger-of-equals." Amplify and Midstates stockholders will each own 50% of the outstanding shares of the combined company.
The deal value was not disclosed.
This deal closed on August 6, 2019.
Pro Forma Assets:Total position of ~218,000 net acres
MissLime: 100,000 net acres Ark-La-Tex: 93,300 net acres Eagle Ford: 750 net acres Rockies CO2: 7,000 net acres California Offshore: 17,000 net acresTotal production of ~40.1 MBOEPD
MissLime: 16.4 MBOEPD Ark-La-Tex: 15.5 MBOEPD Eagle Ford: 16.4 MBOEPD…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-27-2025 |
-  |
- |
Click here | Texas | E&P |
| Jul-29-2024 |
- |
- |
Click here | Oklahoma | E&P |
| Mar-02-2022 |
- |
- |
Click here | Oklahoma | E&P |
| Nov-10-2021 |
- |
- |
Click here | Texas | E&P |
| May-18-2021 |
- |
- |
Click here | Oklahoma | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-02-2022 | BCE-Mach Picks Up Midcontinent Assets for $66.5MM; STACK, MissLime | - |
- |
| Feb-07-2018 | Chesapeake Quietly Exits the MissLime; Sells Assets for $500MM | - |
- |
| Oct-08-2016 | Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin | - |
- |