qep

QEP Resources Confirms Receipt of Proposal from Elliott

Termination of Agreement to Sell Williston Basin Assets DENVER, Feb. 20, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today announced that its Board of Directors has commenced a comprehensive review of strategic alternatives to maximize shareholder value, which could result in a merger or sale of the Company or other transaction involving the Company or its assets. QEP intends to engage in discussions with

QEP Resources Confirms Receipt of Proposal from Elliott

DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that the sale of its natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley has closed. As part of this transaction, Aethon III, an affiliate of Aethon Energy (the “Buyer”), assumed all firm gas transportation agreements related to these assets. In addition,

QEP Resources Confirms Receipt of Proposal from Elliott

DENVER , Jan. 07, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc.(NYSE: QEP) (“QEP” or the “Company”) today confirmed that it has received a preliminary proposal from Elliott Management Corp. (“Elliott”) to acquire the Company for $8.75 per share in cash, subject to certain conditions including, among others, satisfactory completion of due diligence and negotiation of definitive documentation. The Company’s Board of Directors intends to review Elliott’s proposal and will carefully consider the

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 19, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley for $735.0 million, subject to purchase price adjustments

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 07, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating Company, LLC, a wholly-owned subsidiary of Vantage Energy Acquisition Corp. (Nasdaq:VEAC) (“Vantage”) for a purchase price of up to $1.725 billion, subject to purchase price adjustments. The

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, July 10, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiary, QEP Energy Company, has entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and related assets located in the Uinta Basin for proceeds of $155 million, subject to customary purchase price adjustments (the “Divestiture”). The agreement provides for the sale of QEP’s

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, April 25, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today reported first quarter 2018 financial and operating results. Delivered record net oil equivalent production in the Permian Basin of 30.9 Mboed, including record oil production of 24.0 Mbod Reported net gas equivalent production of 286.0 MMcfed in Haynesville/Cotton Valley, a 110% year-over-year increase Increased 2018 production guidance and forecasted capital expenditures to reflect an