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QEP announces US$807 million in divestitures; exiting Mid-Continent

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Report summary

On 6 May 2014 QEP Resources announced the sale of non-core oil and gas properties in the Mid-Continent's Western Anadarko Basin and in North Dakota's Williston Basin for US$807 million. The assets were sold in three separate transactions, with three separate buyers. Two transactions focused on the Mid-Continent, accounting for US$772 million, while the remaining divestment, for US$35 million, was in the Williston Basin.

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  • Document

    QEP announces US$807 million in divestitures; exiting Mid-Continent

    PDF 266.96 KB

Table of contents

  • Executive Summary
  • Upstream Assets
  • Strategic Rationale

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Tables

  • Mid-Continent Deals (2012-present)

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