QEP Goes Deep In Midland Basin, Adding Inventory In $600 Million Deal
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
591MM
Description
Acquired from multiple parties Permian assets covering about 9,400 net acres in the N Midland Basin; includes about 1,400 boe/d (83% oil) of current production and more than 430 horizontal drilling locations.
QEP Goes Deep In Midland Basin, Adding Inventory In $600 Million Deal
QEP’s Permian Deal Tops Out At Record $58,000 Per Acre, Analyst Says