Midstates Petroleum files for Chapter 11 bankruptcu - Seeking Alpha

05/01/16


Midstates Petroleum files for Chapter 11 bankruptcu
Seeking Alpha
Midstates Petroleum (NYSE:MPO) says it has filled for Chapter 11 bankruptcy after reaching a preliminary deal with its lenders and bondholders on the terms of a $2B debt-for-equity swap. MP says that while its Mississippian Lime assets can achieve ...

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