Sign Up for FREE Daily Energy News
CDN NEWS  |   US NEWS  | TIMELY. FOCUSED. REVELANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • instagram
  • youtube2
BREAKING NEWS:
WEC - Western Engineered Containment
Copper Tip Energy Services
Hazloc Heaters
Copper Tip Energy
Hazloc Heaters
WEC - Western Engineered Containment

Enerplus Closes Acquisition of Williston Basin Assets


Apr 30, 2021

CALGARY, ABApril 30, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX: ERF) (NYSE: ERF) today announced that it has closed its previously announced acquisition of Williston Basin assets from Hess Corporation for a total cash purchase price of US$312 million, subject to normal purchase price adjustments. The purchase price was funded with existing cash on hand and by borrowing on the Company’s bank credit facility.

About Enerplus

Enerplus is an independent North American oil and gas exploration and production company focused on creating long-term value for its shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations. For more information, visit the Company’s website at www.enerplus.com.

SOURCE Enerplus Corporation

For further information: Investor Contacts: Drew Mair, 403-298-1707; Krista Norlin, 403-298-4304

Related Links

http://www.enerplus.com



Share This:



More News Articles


New SHOWCASE Directory Companies

 

Delta Remediation Inc.
Muddy Boots
The Coverall Shop
Axis Communciations
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Vista Projects Limited