QEP Resources to Sell O&G Assets to Aethon Energy

Monday, November 19, 2018

QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

The deal is expected to close in January 2019, the company said.


(Reporting by Debroop Roy; Editing by James Emmanuel)

Categories: Contracts Finance Energy Shale Oil & Gas North America Shale

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