QEP Resources Inc. is expanding its Permian Basin drilling locations by more than half after agreeing to pay $600 million for acreage in the northern Midland sub-basin of West Texas.
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PDC, Noble Agree to Trade Acreage in Wattenberg Core
Six months after devoting most of its capital budget for 2016 into Colorado’s Wattenberg field, PDC Energy Inc. announced Thursday that it has agreed to trade acreage in the formation with Noble Energy Inc., a move that consolidates PDC’s position there.

Antero Bolts On 55,000 Net Acres in $450M Deal to Bolster Growth
Antero Resources Corp. said Friday that its $450 million acquisition of 55,000 net acres in West Virginia creates a new platform for development and consolidation in its core, with a package of mostly undeveloped assets that would boost production and increase Antero Midstream Partners LP’s acreage dedication.

Parsley Spices Up Portfolio With Two More Deals in Permian
Parsley Energy Inc. has added more seasonings to its Permian Basin holdings in West Texas, agreeing Monday to pay almost $290 million for mineral rights and acreage in Pecos and Reeves counties.
Newfield Stacking Up Meramec Prospects in $470M Deal With Chesapeake
Newfield Exploration Co. agreed Thursday to pay Chesapeake Energy Corp. $470 million to tack on 42,000 net acres in the Meramec reservoir, which would boost its position in Oklahoma’s liquids-rich reservoirs to 350,000-plus.
Newfield Stacking Up Meramec Prospects in $470M Deal With Chesapeake
Newfield Exploration Co. agreed Thursday to pay Chesapeake Energy Corp. $470 million to tack on 42,000 net acres in the Meramec reservoir, which would boost its position in Oklahoma’s liquids-rich reservoirs to 350,000-plus.
Statoil Sells Operated West Virginia Properties to EQT For $407M
Statoil ASA has agreed to sell all of its operated properties in West Virginia to EQT Corp. for $407 million in cash, the company said late Monday.
Statoil Sells Operated West Virginia Properties to EQT For $407M
Statoil ASA has agreed to sell all of its operated properties in West Virginia to EQT Corp. for $407 million in cash, the company said late Monday.
Rice Stalking Bankrupt Alpha Natural for Marcellus Acreage
Rice Energy Inc. said late Tuesday it has made a $200 million stalking horse bid for Marcellus Shale acreage in Pennsylvania owned by a subsidiary of bankrupt coal producer Alpha Natural Resources Inc.
Rice Stalking Bankrupt Alpha Natural for Marcellus Acreage
Rice Energy Inc. said late Tuesday it has made a $200 million stalking horse bid for Marcellus Shale acreage in Pennsylvania owned by a subsidiary of bankrupt coal producer Alpha Natural Resources Inc.