Operator · Cana - Woodford Shale, Haynesville Shale & Permian Basin
QEP Resources, Inc.
80 articles mentioning QEP Resources, Inc. · Page 2 of 4
QEP's 2019 Plan Sees Steep Drop from Prior Years; Capex, Completions Down Over 45%
QEP Resources has detailed its 2019 capital plans. This coincides with the company noting that it is exploring strategic alternatives in a bid to increase company value. Vantage's cancellation of the $1.7B buyout of QEP's Williston...
QEP Mulling Strategic Options as $1.7B Williston Deal Falls Through
QEP Resources has commenced a comprehensive review of strategic alternatives. This coincides with Vantage's cancellation of the $1.7B buyout of QEP's Williston Basin assets, likely contributed to the decision. QEP intends to engage in discussions with...
Vantage Terminates $1.7B Deal for QEP's Williston Assets; Cites Low Oil Prices
Vantage Energy Acquisition Corp. has terminated its agreement to acquire QEP Resources' Williston Basin assets for $1.7B. Vantage cited the deterioration in commodity prices as the cause, noting that it made it "unlikely that the conditions...
QEP Resources Finalizes $735MM Sale of its Haynesville / Cotton Valley Assets
QEP Resources, Inc. has closed the sale of its assets in the Haynesville/Cotton Valley to Aethon Energy. Earlier last week, QEP Resources received a buyout offer from hedge fund firm Elliott Management Corp., which was contingent...
Elliott bids $2.07 Billion For QEP Resources
QEP Resources has confirmed that it has received a preliminary proposal from Elliott Management Corp. to acquire the Company for $8.75 per share in cash - which would translate to a deal worth approximately $2.0 billion....
QEP Resouces CEO Stanley to Retire; ExxonMobil Alum Names as Successor
QEP Resources Inc. announced that Chairman, President and CEO Charles "Chuck" Stanley has elected to retire from the Company, effective January 14, 2019. The board has named Timothy "Tim" Cutt as QEP's President and Chief Executive...
QEP Ups 2018 Capex for More Permian Wells, Williston Refracs; Minimal Output Growth
QEP Resources reported its Q3 2018 results. Increases 2018 Capex for Permian Wells, Williston Refracs Increased full year 2018 capital expenditure guidance by 4% at the midpoint to include additional wells drilled and put on production...
QEP's Permian Production Jumps 43% from 1Q18 as Drilling Accelerates
QEP Resources reported its Q2 2018 results. As previously announced, QEP is in the process of transitioning into a pure-play Permian E&P and will sell off all its other assets. Production Highlights: - Q2 production of...
QEP's Haynesville Well Breaks Records; ReFrac Program
A look at QEP's Haynesville Drilling and completion activity.
QEP Bolts On Permian Acreage; Q1 Output Down -11% YOY
QEP Resources has detailed its Q1 2018 report, incuding plans to divest its Williston, Uinta, Haynesville and Cotton Valley assets. It will focus solely on its Permian Basin operations going forward.
QEP Going Pure-Play in the Permian; Talks 2018 Plans
QEP Resources announced its 2018 outlook, Q4 results as well as its plans to sell off its Bakken / Uinta assets and become a pure-play Permian E&P. The company's holdings are concentrated in the Midland Basin....
QEP Ramps Up Refracs in Bakken, Haynesville; Permian Well Density Test Results
QEP reported its Q3 2017 results. Highlights from its release / call include: Total Net Equivalent Production: 14,124.1 Mboe Permian - Well Density Pilot Increased net equivalent production in the Permian Basin to a record 25.6...
Permian E&P Cuts 2017 Oil Production Forecast By 1.7 Million Bbls
In what seems like a complete reversal, QEP Resources provided a an updated guidance on its q3-2017 earnings call. Just a few months ago the company reaffirm its 2017 oil production guidance of 21 - 22...
QEP Zooms In on the Permian; Five Rigs, New Acreage
QEP Resources released its Q2 2017 results. Highlights from its report / conference call include: - Capex for 2017 remains unchanged at $1.05-1.1 billion - Primary focus on the Permian with five rigs running (Pinedale and...
QEP Resources Selling Pinedale Asset; Incease CapEx
On a divestiture front, earlier this week, we engaged an advisor to assist us in divesting our Pinedale asset.
QEP Rigging Up Two More Rigs on County Line Acreage
QEP Resources reported third quarter 2016 financial and operating results.
QEP's Latest Spraberry Well Hits 1,519 BOPD in Martin County
A horizontal well which IPed at 1,519 BOPD, in Martin County targeting the Spraberry formation, at a total depth of...
Martin County Spraberry Well Flows 1,353 BOPD
A horizontal well which IPed at 1,353 BOPD, in Martin County targeting the Spraberry formation, at a total depth of...
Two Strong Spraberry IPs Reported in Howard, Andrews Counties
Two strong Spraberry IPs have been reported by...
QEP Follows Hess' Example With 50 Stage Bakken Fracs
QEP Resources, Inc. reported first quarter 2016 financial and operating results.