XML 14 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Preferred Stock (Details) (Mandatorily redeemable convertible preferred units, USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Sep. 28, 2012
Series A Preferred Stock    
Dividends payable $ 13us-gaap_DividendsPayableCurrentAndNoncurrent  
Liquidation value (in dollars per share) $ 1,217mpo_SharesSubjectToMandatoryRedemptionSettlementTermsLiquidationPreferenceValue  
Preferred stock, shares outstanding 325,000us-gaap_PreferredStockSharesOutstanding  
Minimum | Common Stock    
Series A Preferred Stock    
Additional shares of common stock to be issued upon conversion 5,215,718mpo_IssuanceOfAdditionalSharesOfCommonStockInEventOfPaymentOfDividendThroughIncreaseInLiquidationPreference
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
 
Maximum | Common Stock    
Series A Preferred Stock    
Additional shares of common stock to be issued upon conversion 6,401,108mpo_IssuanceOfAdditionalSharesOfCommonStockInEventOfPaymentOfDividendThroughIncreaseInLiquidationPreference
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
 
Eagle Property Acquisition    
Series A Preferred Stock    
Preferred stock, shares designated   325,000mpo_PreferredStockSharesDesignated
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
Liquidation value (in dollars per share)   $ 1,000mpo_SharesSubjectToMandatoryRedemptionSettlementTermsLiquidationPreferenceValue
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
Rate of interest for preferred stock (as a percent) 8.00%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
 
Conversion rate for preferred stock (in dollars per share) $ 13.50mpo_ConvertiblePreferredStockRateOfConversion
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
 
Period required to convert preferred stock into common stock 15 days  
Eagle Property Acquisition | Minimum    
Series A Preferred Stock    
Conversion rate for preferred stock (in dollars per share) $ 11.00mpo_ConvertiblePreferredStockRateOfConversion
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
 
Eagle Property Acquisition | Maximum    
Series A Preferred Stock    
Conversion rate for preferred stock (in dollars per share) $ 13.50mpo_ConvertiblePreferredStockRateOfConversion
/ us-gaap_BusinessAcquisitionAxis
= mpo_EaglePropertyOfOklahomaLLCMember
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
 
$13.50    
Series A Preferred Stock    
Number of Common Shares Issuable Upon Conversion 29,289,792mpo_ConvertiblePreferredStockCommonSharesIssuableUponConversionAtSpecifiedConversionPrice
/ mpo_ConversionRateAxis
= mpo_ConversionRateDollars13.50Member
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember
 
$11.00    
Series A Preferred Stock    
Number of Common Shares Issuable Upon Conversion 35,946,563mpo_ConvertiblePreferredStockCommonSharesIssuableUponConversionAtSpecifiedConversionPrice
/ mpo_ConversionRateAxis
= mpo_ConversionRateDollars11.00Member
/ us-gaap_EquityInterestIssuedOrIssuableByTypeAxis
= us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember