QEP Sells Williston Basin Assets To Blank-Check Vantage Energy For $1.7 Billion

Transaction Type
Basin
Williston Basin
Announce Date
Post Date
Estimated Price
1.7BB
Description

To acquire the entirety of QEP's Williston Basin assets in ND and MT; includes more than 100,000 net acres in the core of the Bakken in the S Antelope and Fort Berthold leasehold and various mineral interests currently producing 46,000 boe/d.

Editor's note: Companies agreed to terminate deal on Feb. 20.