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QEP to use revolver to buy Williston shale

31 August 2012

Read more: [qep] [black hills] [helis] [north dakota] [oil shale]

QEP Resources will use a combination of cash on hand and draws on a $1.5 billion revolving credit facility to fund its $1.38 billion acquisition of a Williston Basin oil shale property. The sellers are Black Hills Corporation,...


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