Timothy Smith Saturday, 08/25/12 05:46:43 PM Re: Penny Roger$ post# 1 Post # of 389 QEP Resources (QEP) made an aggressive acquisition from multiple sellers in the Bakken offering $1.38 billion for 27,600 net acres and current production of 10,500 Boepd. The acreage is located primarily in Eastern McKenzie County in a fairly contiguous block. QEP claims this is one of the better sweet spots in the Bakken with EURs well above the Williston Basin average. Helis Oil & Gas LLC was the operator of over 90% of the acreage and the primary seller. However, the non-operators were allowed to combine with Helis on the sale and receive the operator premium per acre for all of their acreage. This model of getting non-operators to combine with operators on sales will continue as big acquirers want to get the biggest economy of scale possible. OTCBB / Pink Sheet Oil & Gas Stocks Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.