sale

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,

Proxy Advisory Firms Recommend Approval of NuStar Energy and NuStar GP Holdings Proposed Merger Transaction

Divestiture Part of NuStar’s Comprehensive Plan to Lower Debt and Deliver Strong, Sustainable Distribution Coverage SAN ANTONIO–(BUSINESS WIRE)–Nov. 30, 2018– NuStar Energy L.P. (NYSE: NS) announced today that it has closed on the sale of its European terminals and related assets to Inter Terminals Ltd., which is Inter Pipeline Ltd.’s European storage subsidiary, for $270 million, plus normal closing adjustments. The operations include six liquids storage terminals in the United

Range Announces Appalachian Overriding Royalty Sale for $300 Million

FORT WORTH, Texas, Oct. 15, 2018 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has signed and closed on an agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million. Range’s Washington County properties encompass approximately 300,000 net surface acres that produced 1.7 Bcfe net per day in the second quarter of 2018.  The overriding

Equinor focuses NCS portfolio through sale of non-core discovery

“This transaction is a further example of our strategy of capturing value from active portfolio management through the oil price cycles. We are divesting a low-priority asset in our NCS portfolio to a buyer who sees higher value. By doing so we unlock capital for investment in projects that offer higher returns for Equinor,” says Jez Averty, senior vice president for operations in the southern North Sea. King Lear is

Cheniere and Vitol Sign 15-Year LNG Sale and Purchase Agreement

HOUSTON–(BUSINESS WIRE)–Sep. 17, 2018– Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”) has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Vitol Inc. (“Vitol”). Under the SPA, Vitol has agreed to purchase approximately 0.7 million tonnes per annum of LNG from Cheniere Marketing on a free on board basis for a term of approximately 15 years

Hess Completes Sale of Utica Acreage

NEW YORK–(BUSINESS WIRE)–Aug. 31, 2018– Hess Corporation (NYSE: HES) today announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1. Proceeds from this transaction will be used to invest in the company’s higher return growth opportunities in Guyana and the Bakken