Midstates Petroleum reaffirms $252M revolving credit facility

Midstates Petroleum Co. Inc. (NYSE: MPO), as a result of its lenders' semi-annual review, has received reaffirmation of the borrowing base under its revolving credit facility at $252 million. There are currently no borrowings under the credit facility.

Midstates’ operations are currently focused on oil fields in the Mississippian Lime play in Oklahoma and the Anadarko Basin in Texas and Oklahoma.

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