Enerplus Closes the Sale of Certain Canadian Assets
October 31 2022 - 05:31PM
PR Newswire (Canada)
CALGARY,
AB, Oct. 31, 2022 /CNW/ - Enerplus Corporation
("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) announced
today that it has closed the previously announced sale of certain
Canadian assets located in Alberta
(the "Assets") to Journey Energy Inc. for total consideration of
CDN$140 million, prior to closing
adjustments. The Assets include the Company's Ante Creek and
Medicine Hat operations along with
its broad interests west of the fifth and sixth meridians of
Alberta.
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.
Follow @EnerplusCorp on Twitter at
https://twitter.com/EnerplusCorp.
SOURCE Enerplus Corporation
Copyright 2022 Canada NewsWire
Enerplus (TSX:ERF)
Historical Stock Chart
From Feb 2024 to Mar 2024
Enerplus (TSX:ERF)
Historical Stock Chart
From Mar 2023 to Mar 2024