Vantage to buy QEP’s Williston basin assets in $1.7-billion deal

QEP Energy Co., a wholly owned subsidiary of Denver-based QEP Resources Inc., has agreed to sell all its assets in the Williston basin in North Dakota and Montana, which includes the South Antelope and Fort Berthold leasehold and various mineral interests, to Vantage Acquisition Operating Co. LLC, Denver, a subsidiary of Vantage Energy Acquisition Corp., for as much as $1.725 billion, subject to purchase price adjustments.

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