Exploration & Production | Deals - Acquisition, Mergers, Divestitures
QEP Resources Bailing on the Anadarko Basin; Looks to Sell Off Assets
QEP Resources Inc. is offering for sale certain Western Anadarko assets primarily located in the Texas Panhandle and Western Oklahoma.
The company has retained BMO Capital Markets as exclusive financial advisor to QEP for this transaction. QEP’s preference is to sell the Properties in a single cash transaction, but will consider offers on separate packages: Cana-Woodford/Stack and Granite Wash.
Source : BMO Capital Markets