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QEP Resources acquires Permian assets for US$600 million

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Following a wave of M&A deals in Lower 48 during the first three weeks of July 2016, QEP Resources announced its plan to acquire 9,400 net acres, ten miles east of its existing Midland Basin acreage, for a total consideration of nearly US$600 million. The acquired position will add nearly 76 mmboe of net proved reserves and 430 horizontal well locations across four target benches: the Wolfcamp A and B, and the Middle and Lower Spraberry.We value the acquired assets at US$543 million ...

Table of contents

  • Executive summary
  • Transaction details
  • Deal analysis
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • QEP's Midland Basin position offsets Pioneer's encouraging well results
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    QEP Resources acquires Permian assets for US$600 million

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