Deal insight

QEP Resources acquires Permian assets for US$600 million

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

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 ...

What's included

This report contains

  • Document

    QEP Resources acquires Permian assets for US$600 million

    PDF 370.31 KB

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:

Images

  • QEP's Midland Basin position offsets Pioneer's encouraging well results

Tables

  • Executive summary: Table 1
  • 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

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898