QEP Resources Inc. - 2011-08-26

The company has entered into a new $1.5 billion, 5-year, unsecured revolving credit agreement with a group of 19 financial institutions. The credit facility replaces the $1.0 billion credit facility that was scheduled to mature in March of 2013.

Affiliates of Wells Fargo Bank, Bank of Montreal, Deutsche Bank, J.P. Morgan, and U.S. Bank acted as arrangers for the new credit facility.