QEP Resources to Sell O&G Assets to Aethon Energy
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)