Midstates Credit Facility Reaffirmed

摘要

Midstates Petroleum said its lenders reaffirmed the company's revolving credit facility at $525 million, providing the company with much - needed funding and recognizing the value of its core Mississippian Lime assets. The company said the recent $44 million sale of its Dequincy assets in southwestern Louisiana should have no effect on its borrowing base when the deal closes in April ( OD Mar.11’15 ).