Enerplus – Oil & Gas 360

U.S.-style oil megadeals “possible” in Canada following historic ExxonMobil, Chevron takeovers

April 9, 2024

World Oil (Bloomberg) – A U.S.-style megadeal is possible in Canada’s oil patch, though the pressures that pushed Exxon Mobil Corp. and Chevron Corp. to pursue large takeovers aren’t as strong north of the border, says Bank of Montreal’s top energy banker. Investors would likely support mergers between major Canadian energy producers that increased scale and improved cost efficiencies —

Chord Energy and Enerplus announce expiration of Hart-Scott-Rodino Act waiting period and provide transaction update

April 8, 2024

Oil and Gas 360 HOUSTON and CALGARY, AB, April 8, 2024 /PRNewswire/ — Chord Energy Corporation (NASDAQ: CHRD) (“Chord” or “Chord Energy”) and Enerplus (NYSE:ERF) Corporation (TSX: ERF) (NYSE: ERF) (“Enerplus”) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting

Chord Energy and Enerplus to combine in $11 billion transaction creating premier Williston-focused E&P Ccompany with top-tier shareholder returns

February 22, 2024

Oil and Gas 360 Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage; Strong

Devon Energy in talks to acquire oil driller Enerplus

February 8, 2024

World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is in talks to acquire Calgary-based driller Enerplus Corp., Reuters reported. The companies have not come to an agreement, Reuters said, citing anonymous sources. It comes on the heels of a string of recent megadeals in the U.S. oil patch as companies push to line up

Enerplus appoints Ward Polzin to its board of directors

May 23, 2023

BOE Report CALGARY, AB, May 23, 2023 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX: ERF) (NYSE: ERF) today announced the appointment of Mr. Ward Polzin to its board of directors. Mr. Polzin is the Founder and Executive Chairman at Camino Natural Resources. He is a Venture Partner of NGP Energy (“NGP”), a private equity investment firm based in Dallas, TX, and brings

Enerplus Announces Fourth Quarter and Full Year 2022 Financial and Operating Results; 2023 Guidance; Updates Five-Year Outlook Through 2027

February 24, 2023

Enerplus Announces Fourth Quarter and Full Year 2022 Financial and Operating Results; 2023 Guidan…

Exclusive: Enerplus at The Oil & Gas Conference

September 10, 2021

Founded in 1986, Enerplus was Canada’s first oil and gas royalty trust with a proven track record for delivering competitive returns for our shareholders. As we transitioned our assets to focus on unconventional, organic growth opportunities, we have continued to prioritize responsible development and thoughtful investment to create value for our shareholders. Today, we’re an independent North American exploration and

Enerplus announces fourth quarter and full year 2020 financial and operating results and 2020 year end reserves

February 19, 2021

Enerplus Announces Fourth Quarter and Full Year 2020 Financial and Operating Results and …

Enerplus agrees to acquire Williston Basin operator, enhancing value for shareholders and accelerating free cash flow generation; provides preliminary 2020 results and 2021 guidance

January 26, 2021

Oil and Gas 360 CALGARY, AB , Jan. 25, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today announced that it has entered into a definitive agreement to acquire all of the shares of Bruin E&P HoldCo, LLC (“Bruin”), a pure play Williston Basin private company, for total cash consideration of US$465 million (the “Acquisition”). KEY HIGHLIGHTS Core

US oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and June

April 29, 2020

Rystad Energy US oil production of at least 300,000 oil barrels per day (bpd) will be shut during May and June, according to a Rystad Energy analysis of early communication from US oil producers. It is unclear how much of this is due to the Covid-19 pandemic and the related drop in demand, but one thing is certain: more production

Enerplus announces executive leadership retirement and new Chief Operating Officer

January 16, 2020

Oil and Gas 360 CALGARY, Jan. 16, 2020 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX & NYSE: ERF) today announced the retirement of Ray Daniels as Senior Vice President, Operations, People & Culture after more than 35 years in the energy industry, including 12 years with Enerplus. Mr. Daniels will remain in his current position until he formally retires in April 2020. In conjunction with Mr.

Conference Spotlight: Williston Basin Presenters

July 17, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 The Oil and Gas Conference’s Williston Basin presenters cumulatively produce 633,800 BOEPD From August 11-14, Oil & Gas 360’s parent company – EnerCom – will host its 24th annual The Oil and Gas Conference® at the Westin Downtown Hotel in Denver, Colorado. This event offers investment professionals the opportunity to hear

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