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Mississippian Lime Reserves Grew 105% in 2014 from a Successful Drilling Program That Replaced 1,003% of Production from the Area )--Midstates Petroleum Company, Inc. today announced its financial and operating results for the three months and full year ended December 31, 2014 as well as year-end 2014 proved reserves and related costs, and disclosed its 2015 guidance for capital expenditures, production and Adjusted EBITDA. Achieved Adjusted EBITDA before acquisition and transaction costs of $112.1 million and $478.2 million for the fourth quarter of 2014 and full year, respectively. Comment?
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