Midstates Petroleum Co. Inc. (NYSE: MPO) reports an update on drilling operations and additional information on 4Q 2012 and 1Q 2013 production.
The company said its 4Q 2012 production averaged 15,592 net barrels of oil equivalent per day compared with guidance of 15,100 to 15,600 barrels of oil equivalent per day. Production from Oklahoma operations totaled 7,207 barrels of oil equivalent per day while production from Louisiana operations totaled 8,385 barrels of oil equivalent per day. Midstates’ production for the month of December averaged 16,643 net barrels of oil equivalent ...