Authorization

QEP Resources Issues Notice of Redemption for Its 6.8% Senior Notes Due 2020

DENVER, Oct. 23, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today announced that it has issued a notice (the a??Redemption Noticea??) to holders of its outstanding 6.80% Senior Notes due 2020 (the a??2020 Notesa??) of QEPa??s intent to redeem all of the outstanding 2020 Notes on November 22, 2019.
The redemption price for the 2020 Notes will be calculated pursuant to the formula set forth in the indenture governing the 2020 Notes.Additional information concerning the terms and conditions of the redemption are fully described in the Redemption Notice distributed to the holders of the 2020 Notes. Beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution.About QEP Resources, Inc.QEP Resources, Inc.A(NYSE: QEP) is an independent crude oil and natural gas exploration and production company focused in two regions ofAthe United States: the Southern Region (primarily inATexas) and the Northern Region (primarily inANorth Dakota). For more information, visit QEP's website at: www.qepres.com.
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