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ERF Enerplus Corporation

27.26
-0.21 (-0.76%)
Last Updated: 17:27:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enerplus Corporation TSX:ERF Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.21 -0.76% 27.26 27.26 27.27 27.61 27.26 27.50 125,585 17:27:09

Enerplus Closes Acquisition of Williston Basin Assets

30/04/2021 7:00pm

PR Newswire (Canada)


Enerplus (TSX:ERF)
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CALGARY, AB, April 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

Copyright 2021 Canada NewsWire

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