1、RENEWEDFOCUS2013 ANNUAL REPORTProved Reserves(MMBoe)127.837%20%43%26.260%15%25%75.550%19%31%20112013201211%Daily Production(Boe/Day)23,92735%20%45%7,49959%30%9,99957%17%26%201120132012Oil NGLs GasOil NGLs GasMIDSTATES PETROLEUM COMPANY,INC.is an independent exploration and production company focused
2、 on the application of modern drilling and completion techniques in oil and liquids-rich basins in the onshore U.S.Midstates drilling and completion efforts are currently focused in the Mississippian Lime oil play in Oklahoma and the Anadarko Basin in Texas and Oklahoma.The Companys operations also
3、include the upper Gulf Coast tertiary trend in central Louisiana.During 2013,Midstates grew its proved reserves 69%to 127.8 million barrels of oil equivalent,of which 43%was oil and 20%was NGLs.Approximately 38%of year-end 2013 reserves was proved developed.The Company increased its annual productio
4、n 139%in 2013 to 23,927 Boe per day,of which 45%was oil and 20%was NGLs.Successful organic drilling in 2013 replaced 500%of production with new reserves.FOCUS AREAS:MISSISSIPPIAN LIME Expansive liquids-rich carbonate hydrocarbon system Properties being developed solely with horizontal wells using mu
5、lti-stage fracturing technology At year-end 2013,the area represented 53%of total proved reservesANADARKO BASIN Thick geologic sections of multi-stacked pay with a focus on the Cleveland,Marmaton,Cottage Grove and Tonkowa formations Properties are being developed with horizontal wells and multi-stag
6、e fracturing technology At year-end 2013,the area represented 29%of total proved reservesOur Areas of OperationMID-CONTINENT REGION:Operations in the Mid-Continent region are focused in the Mississippian Lime play in Woods and Alfalfa Counties in Oklahoma and in the Anadarko Basin properties in Nort