Post Tagged with: "QEP"

Permian operators slash 2020 plans as oil market craters

Permian operators slash 2020 plans as oil market craters

Enverus

Oil & Gas 360 Publishers Note: This blog from Erin Faulkner at Enverus is an excellent summary of the  top operators in the Permian and their financial updates. Enverus has over 1,700 employees and has customers in over 50

Source: QEP Resources

QEP and Elliot Management Enter into Cooperation Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

QEP Resources and Elliot Management will work together to appoint two new independent directors
QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with

Elliott Is in Advanced Talks to Buy QEP Resources: Bloomberg

Elliott Is in Advanced Talks to Buy QEP Resources: Bloomberg

From Bloomberg   

New York-based hedge fund could reach deal for QEP in weeks   

Elliott Management Corp. is in advanced talks to buy QEP Resources Inc., the oil and gas explorer it offered to buy in January, according to people

Williston Basin - IPAA

KKR and Western Natural Resources Team Up in the Williston

By Tyler Losier
Partnership seeks to acquire assets
Investment firm KKR (stock ticker: KKR) is partnering with Western Natural Resources, with the intention of acquiring and producing undeveloped assets in the Williston Basin. This move is closely aligned with KKR’s

Blackstone, Whiting, Callon Consider Bids for Shale Driller QEP: Bloomberg

Blackstone, Whiting, Callon Consider Bids for Shale Driller QEP: Bloomberg

Shale driller said it would explore sale after Elliott offer of $2 billion

From Bloomberg

QEP Resources Inc. has attracted takeover interest from private equity giant Blackstone Group LP, as well as drillers Whiting Petroleum Corp. and Callon Petroleum Co., …

QEP Reports Net Loss of $116.7 Million for Q1

QEP Reports Net Loss of $116.7 Million for Q1

QEP Reports First Quarter 2019 Financial and Operating Results

Source: QEP Resources

Elliott Targets Permian with $2 Billion Buyout Offer

QEP offer represents 44% premium
American oil and gas is once again being rocked by an activist investor, as Elliott Management has submitted a bid to acquire QEP Resources (stock ticker: QEP).

Elliott is proposing to acquire QEP for $8.75/share

‘Robust Midstream Component’ of $735-Million Haynesville Deal with QEP was Draw: Aethon Co-President

‘Robust Midstream Component’ of $735-Million Haynesville Deal with QEP was Draw: Aethon Co-President

Aethon likes Haynesville’s proximity to Gulf markets, Henry Hub

In mid-November, QEP Resources (stock ticker: QEP) announced that its subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, had entered into a definitive agreement …

QEP Resources Sells its Haynesville/Cotton Valley Assets for $735 Million

QEP Resources Sells its Haynesville/Cotton Valley Assets for $735 Million

QEP will become a Permian pure-play oil producer soon as Bakken, Haynesville deals close
QEP Resources, Inc. (stock ticker: QEP) said its subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive

Another Blockbuster Oil Deal Creates Largest Bakken Pure-Play

Another Blockbuster Oil Deal Creates Largest Bakken Pure-Play

After QEP Williston asset buy, Vantage Energy will be $1.5 billion Bakken operator
QEP Resources (ticker: QEP) continued its shift toward a pure-play Permian company today, selling its Williston Basin assets.

Vantage Energy Acquisition Corp. (ticker: VEAC), a SPAC backed

QEP Resources Reports Q1 2018

QEP Resources Reports Q1 2018

QEP Resources, Inc. (ticker: QEP) reported a net loss of $53.6 million, or $(0.22) per diluted share for the first quarter of 2018, compared to Q1 2017 when the company had a net income of $76.9 million, or $0.32 per …

North Dakota Oil Production – Same Players, Different Pecking Order

North Dakota Oil Production – Same Players, Different Pecking Order

Continental, Whiting, others shift positions from 2 years ago

The North Dakota Industrial Commission released its September 2017 oil production data this week, reporting per-well production across the state.

The largest oil producers in the Bakken/Three Forks plays in North …

QEP Q3: Refrac Program Boosts Haynesville Production 60% Without a Drilling Rig

QEP Q3: Refrac Program Boosts Haynesville Production 60% Without a Drilling Rig

Pinedale divestiture and Permian Basin acquisition accelerate transition of QEP to a crude-oil company, successful Haynesville refracs push production up 60% – without a drilling rig

The third quarter was good for QEP Resources (ticker: QEP). QEP closed its acquisition …

QEP Resources Adds $732 Million of New Permian Acreage

QEP Resources Adds $732 Million of New Permian Acreage

EnerCom conference presenter QEP adds 730 potential Hz drilling locations in the new acreage

QEP Resources (ticker: QEP) followed its southwestern Wyoming Pinedale anticline divestiture with an acquisition of more acreage in the Permian.

QEP said its subsidiary company, QEP …

QEP Resources Reports First Quarter 2016 Financial and Operating Results

QEP Resources Reports First Quarter 2016 Financial and Operating Results

QEP Resources Reports First Quarter 2016 Financial and Operating Results
  • Reduced capital expenditures by over 30% compared with fourth quarter 2015
  • Delivered record crude oil production of 56,900 barrels per day
  • Completed four gross operated Spraberry Shale wells with an

QEP Resources, Inc. Provides Operational Update

QEP Resources, Inc. (ticker: QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily in the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, …