VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019
link : VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019

VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019

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From Vantage Energy site DENVER, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Vantage Energy Acquisition Corp. (“VEAC”) (NASDAQ: VEAC, VEACU, VEACW), an energy-focused special purpose acquisition company, today announced that, given the deterioration in commodity prices and that it was unlikely that the conditions to closing would be satisfied, VEAC and QEP Energy Company, a wholly owned subsidiary of QEP Resources, Inc. (collectively, “QEP”), have entered into an agreement to terminate the pending acquisition by VEAC of QEP’s Williston Basin assets under the Purchase and Sale Agreement dated November 6, 2018, effective immediately.

The original announcement for an agreement was made last November, 2018.

Apparently the announcement to terminate the agreement was made last week, February 20, 2019.

I had missed the formal announcement / press release, so whoever sent me the information, thank you.

At the blog, here is the post from November 7, 2018. Back-of-the envelope showed the deal to be worth as much as $15,000 / acre.

https://ift.tt/2dZyQXu

Thus Article VEAC Announces Termination Of Acquisition Of Williston Basin Assets From QEP -- February 25, 2019

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