One-Page Deal Sheet
Midstates Petroleum Adds Mississippi Lime Property
Midstates Petroleum Eagle Energy Production Llc
Announced Date
October 01,2012
Effective Date
June 01,2012
Close Date
October 01,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
650
Asset/Basin:
{Mid-Continent}
TargetZones:
{"Mississippian Lime
Net Acres
% Oil:
Transaction Details: Require Private Equity Subscription
Midstates Petroleum Company, Inc. and its wholly owned subsidiary Midstates Petroleum Company LLC (“Midstates Sub”) announced today the closing of their previously announced acquisition of all of Eagle Energy Production, LLC’s producing properties as well as their developed and undeveloped acreage primarily in the Mississippian Lime oil play in Oklahoma and Kansas for $325 million in cash and 325,000 shares of Midstates’ Series A Preferred Stock with an initial liquidation preference value of $1,000 per share (the “Eagle Energy Acquisition”).
The Company and Midstates Sub today also announced…
| 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 | - |
- |