- Tight Gas & Oil
- Gas Hydrates
The sale follows several other divestitures marking regional exits including QEP Resources’ recent $1.7 billion Williston sale as the company aims to become a Permian Basin pure-play.
Middle Forks, a privately-held E&P backed by Quantum Energy Partners, agreed to buy QEP’s Uinta Basin assets located in eastern Utah.
A pair of Texas deals by Japanese companies Sumitomo and Osaka Gas follow the cautious return of Asian investors to U.S. shale.