Resources

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

Comstock Resources, Inc. Announces Haynesville Shale Acquisition

Frisco, Texas, Dec. 19, 2018 (GLOBE NEWSWIRE) — COMSTOCK RESOURCES, INC. ANNOUNCES HAYNESVILLE SHALE ACREAGE ACQUISITION FRISCO, TEXAS, December 19, 2018 – Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that it has entered into an agreement with Shelby Shale, LLC (“Shelby”) to acquire an 88% interest in  6,124 gross acres (6,023 net) limited to Shelby’s Haynesville shale rights in Harrison and Panola counties, Texas for $20.5

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

Eclipse Resources Corporation and Blue Ridge Mountain Resources, Inc. to Combine in an All-Stock Merger

Dateline City: STATE COLLEGE, Pa. & IRVING, Texas STATE COLLEGE, Pa. & IRVING, Texas–(BUSINESS WIRE)–Eclipse Resources Corporation (NYSE:ECR) (the “Company” or “Eclipse Resources”) and Blue Ridge Mountain Resources, Inc. Language: English Contact: Eclipse Resources Corporation Douglas Kris, 814-325-2059Investor Relations dkris@eclipseresources.com or Blue Ridge Mountain Resources, Inc. Michael Koy, 469-293-2166EVP & CFO ir@brmresources.com Ticker Slug: Ticker: ECR Exchange: NYSE read more Source link

Comstock Resources, Inc. Announces Haynesville Shale Acquisition

COMSTOCK RESOURCES, INC. ANNOUNCESHAYNESVILLE SHALE ACQUISITION FRISCO, TEXAS, August 1, 2018 – Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it closed the previously announced acquisition of North Louisiana properties from Enduro Resource Partners LLC after the Final Sales Order was approved by the United States Bankruptcy Court for the District of Delaware.  The North Louisiana properties consist of approximately 21,000 gross acres (9,900 net) primarily