|Midstates Petroleum Company, Inc. is an independent exploration and production company focused on the application of modern drilling and completion techniques in oil and liquids-rich basins in the onshore U.S. The Company's operations are currently focused on oilfields in the Mississippian Lime play in Oklahoma and the Anadarko Basin in Texas and Oklahoma.|
2016 Annual Report
|05/26/17||Midstates Petroleum Announces Amendment to Senior Secured Credit Agreement|
|TULSA, Okla., May 26, 2017 (GLOBE NEWSWIRE) -- Midstates Petroleum Company, Inc. (NYSE:MPO) (“Midstates” or the “Company”) today announced that the Company has amended its Senior Secured Credit Agreement effective May 24, 2017.
The First Amendment to Senior Secured Credit Agreement, among other things:
Removed the requirement to maintain a cash collateral account at the Administrative Agent in the amount of $40 million, increasing liquidity by $40 million;
Removed certain negative c... |
For restructuring information please visit: http://www.kccllc.net/midstates
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