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Midstates Petroleum files for a $400 million IPO

November 14, 2011
MPO

Midstates Petroleum Company, an independent exploration and production company focused on the Upper Gulf Coast Tertiary trend onshore in central Louisiana, filed on Monday with the SEC to raise up to $400 million in an initial public offering. The Houston, TX-based company, which was founded in 1993 and booked $181 million in sales for the 12 months ended September 30, 2011, plans to list on the NYSE under the symbol MPO. Goldman, Sachs & Co., Morgan Stanley, and Wells Fargo Securities are the lead underwriters on the deal. No pricing terms were disclosed.