Midstates Petroleum Company, Inc. is an independent exploration and production company. The Company is engaged in the exploration, development and production of oil, natural gas liquids and natural gas. Its operations are primarily focused on exploration and production activities in the Mississippian Lime, Anadarko Basin and Gulf Coast. The Company has oil and gas operations and properties in Oklahoma, Texas and Louisiana. At December 31, 2014, the Company's Mississippian Lime assets consisted of approximately 66,300 net acres in the Mississippian Lime trend, with 64,100 net acres in Woods and Alfalfa Counties of Oklahoma. At December 31, 2014, its Anadarko Basin assets consisted of approximately 122,600 net acres in the Anadarko Basin, with 90,300 net acres in Texas and 32,300 net acres in western Oklahoma. At December 31, 2014, the Company had acreage in the Fleetwood area, approximately 50,600 net acres in the trend under lease and/or lease option.