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October 13, 2015 8:40 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Midstates Petroleum Company, Inc.

Company Overview

Midstates Petroleum Company, Inc. engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in the United States. It primarily focuses on oilfields in the Mississippian Lime trend in northwestern Oklahoma; the Anadarko Basin in Texas and Oklahoma; and the Upper Gulf Coast Tertiary trend in central Louisiana. The company was founded in 1993 and is headquartered in Tulsa, Oklahoma.

321 South Boston

Suite 1000

Tulsa, OK 74103

United States

Founded in 1993

183 Employees



Key Executives for Midstates Petroleum Company, Inc.

Chief Financial Officer and Executive Vice President
Age: 50
Total Annual Compensation: $329.6K
Compensation as of Fiscal Year 2014.

Midstates Petroleum Company, Inc. Key Developments

Midstates Petroleum Company, Inc. Presents at Johnson Rice & Company 2015 Energy Conference, Sep-29-2015 03:35 PM

Midstates Petroleum Company, Inc. Presents at Johnson Rice & Company 2015 Energy Conference, Sep-29-2015 03:35 PM. Venue: Hotel Monteleone, 214 Royal St, New Orleans, LA 70130, United States.

Midstates Petroleum Company, Inc. Presents at Imperial Capital Global Opportunities Conference, Sep-17-2015 02:45 PM

Midstates Petroleum Company, Inc. Presents at Imperial Capital Global Opportunities Conference, Sep-17-2015 02:45 PM. Venue: The Waldorf Astoria Hotel, 301 Park Avenue, New York, NY 10022, United States.

Midstates Petroleum Receives Continued Listing Standard Notice From NYSE

Midstates Petroleum Company, Inc. announced that it received notice from the New York Stock Exchange (NYSE) on August 13, 2015, that the Company’s market capitalization and last reported stockholders equity had fallen below the NYSE’s continued listing standards. The NYSE requires that a listed company’s total market capitalization not be less than $50 million for a period of over 30 consecutive trading days and that its last reported stockholder equity not be less than $50 million. In accordance with NYSE procedures, the Company has 45 days from its receipt of the notice to submit a business plan to the NYSE demonstrating how it intends to regain compliance with the NYSE’s continued listing standards within 18 months. The Company intends to develop and submit a business plan to bring it into compliance with the listing standards within the required timeframe. The Listings and Compliance Committee of the NYSE (Committee) will then review the business plan for final disposition. In the event the Committee accepts the plan, the Company will be subject to quarterly monitoring for compliance with the business plan and the Company’s compliance with other NYSE continued listing requirements. In the event the Committee does not accept the business plan, the Company will be subject to delisting procedures and suspension by the NYSE. The NYSE notification does not affect the Company’s business operations or its SEC reporting requirements and does not conflict with or cause an event of default under any of the Company’s material debt or other agreements.

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