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

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

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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  • Executive Summary
  • Upstream Assets
  • Strategic Rationale

In this report there is 1 table or chart, including:

  • Executive Summary
  • Upstream Assets
    • Mid-Continent Deals (2012-present)
  • Strategic Rationale
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