|Jan 10, 2019||QEP Resources Announces Closing of Sale of Northwest Louisiana Natural Gas Assets|
|DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that the sale of its natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley has closed. As part of this transaction, Aethon III, an affiliate of Aethon Energy (the “Buyer”), assumed all firm gas transportation agreements related to these assets. In addition, QEP novated to the Buyer natural g... |
|Jan 07, 2019||QEP Resources Confirms Receipt of Proposal from Elliott|
|DENVER , Jan. 07, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc.(NYSE: QEP) (“QEP” or the “Company”) today confirmed that it has received a preliminary proposal from Elliott Management Corp. ("Elliott") to acquire the Company for $8.75 per share in cash, subject to certain conditions including, among others, satisfactory completion of due diligence and negotiation of definitive documentation.
The Company’s Board of Directors intends to review Elliott’s proposal and will carefully consider the p... |