Q3 2017 & Recent Highlights Named David Sambrooks as President and Chief Executive Officer Reported net income of approximately 3.7 million Generated adjusted EBITDA of 30.2 million Continued execution of the Companys strategy of…
Focus On Mississippian Lime Midstates Petroleum Company, Inc. l NYSE: MPO 5
Premier Mississippian Lime Player Midstates is the premier operator in the Mississippian Lime, well positioned in Woods and Alfalfa Counties, OK 96,000 net acres(1) Opportunities to continue to resourcefully add to acreage…
Focus Capital in Top Tier Core Mississippian Lime 2016 drilling program focused on opportunistically expanding Miss Lime acreage footprint and future inventory through bolt-on farm-in opportunities 2016 Focus Increased acreage…
SWD System Current looped system utilizes 20 injection wells: 10 Arbuckle, 10 non-Arbuckle Looped nature allows for optimization of injection rates across the system/wells Total permitted injection capacity of 332,000(1) barrels of…
Exploring Strategic Alternatives for Anadarko Basin & NW STACK Assets Midstates Petroleum Company, Inc. l NYSE: MPO 9
Anadarko Basin & NW STACK Assets Midstates has retained SunTrust Robinson Humphrey as financial advisor to explore strategic alternatives for the Anadarko Basin and NW STACK assets Anadarko Basin 94,000(1) net acres in a proven oil…
Appendix Midstates Petroleum Company, Inc. l NYSE: MPO 11
Updated 2017 Guidance Operational CAPEX Guidance MM Production Guidance Production (Boe/d) 22,000 23,000 D,C&F 100 - 104 Infrastructure (Incl. SWD Wells) 10 - 14 Land & G&G 10 - 11 Cost Guidance per BOE Workover 10 - 11 Lease…
Hedged Production NYMEX WTI Fixed Swaps Collars Three Way Collars Weighted Weighted Weighted Hedge Avg Hedge Weighted Weighted Hedge Avg Weighted Avg Position Strike Position Avg Ceiling Avg Floor Position Ceiling Avg Floor…