The firm points to Chesapeake Energy's ( CHK ) recently announced asset sales in the region, which generated higher multiples than many analysts anticipated, as evidence of increasing interest in the region. Capital One therefore sees QEP's assets in the Pinedale Anticline in Wyoming's Green River Basin as the most likely divestiture candidate moving forward. QEP tallied 24 billion cubic feet of natural gas production in the third quarter from Pinedale. In any case, if QEP were to sell a natural gas asset in either the Haynesville or Pinedale, Johnston anticipates around $1 billion in proceeds, which could then be put toward further development in company's operations in west Texas' Permian Basin. Meanwhile, within the Permian, more assets will change hands over the next 12 months or so, according to industry followers.