Enerplus Corp.
Transactions
Chord Closes $4B Enerplus Acquisition
Chord Closes $4B Enerplus Acquisition
Enerplus to Focus on US Shale Following Canadian Divestiture
Enerplus to Focus on US Shale Following Canadian Divestiture
Enerplus Announces Sale of Certain Canadian Assets
Enerplus Announces Sale of Certain Canadian Assets
Enerplus to Sell ‘Non-strategic’ Williston Basin Asset for $115 Million
Enerplus to Sell ‘Non-strategic’ Williston Basin Asset for $115 Million
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
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New Financings
Closed equity offering previously announced on Jan. 25 of about 33.1 million common shares issued at CA$4…
Enerplus announced acceptance by the Toronto Stock Exchange of a Notice of Intention to make a normal…
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News
How Longer Laterals Are Extending Bakken’s Long Life—Chord CEO
Chord Energy is drilling longer 3- and 4-mile laterals in the middle Bakken to extend inventory life—and closely watching new oily zones being tested in the Williston Basin’s stacked pay.
After 25 Years, E&Ps Sustain Bakken Oil’s Long Plateau
The first stimulated horizontal middle Bakken well came online 25 years ago, proving horizontal drilling and fracking could unlock vast oil reserves. What began as a modest experiment in a remote Montana field reshaped the future of U.S. oil production.
Bakken Beast: Chord Plans Seven More 4-Mile Bakken Wells in ‘25
Chord Energy has drilled three 4-mile laterals in the middle Bakken and is closely tracking results from the first now online. Seven more are planned for the rest of this year.
Chord Drills First 4-Mile Bakken Well, Eyes Non-Op Marcellus Sale
Chord Energy drilled and completed its first 4-mile Bakken well and plans to drill more this year. Chord is also considering a sale of non-op Marcellus interests in northeast Pennsylvania.
Energy Transition in Motion (Week of Dec. 6, 2024)
Here is a look at some of this week’s renewable energy news, including a record-setting quarter for solar module capacity in the U.S.
Chord Taps Gradient Geothermal’s Tech for Williston Basin Power
The first-of-its-kind deployment for the geothermal company in North Dakota involved removing heat from produced fluids to create electricity.
After M&A, Some ‘Stingy’ E&Ps Plan to Hold Operated Shale Inventory
After a whirlwind run of upstream consolidation, experts anticipated a wave of portfolio rationalization and divestitures. But with high-quality drilling locations already scarce, E&Ps may cling to operated inventory.
Beyond Permian? Breaking Down E&Ps’ Second Half M&A Prospects
From Permian Resources and Diamondback Energy to Matador Resources and Civitas Resources, analysts weigh in on upstream companies’ M&A mindset as second-quarter earnings season gets underway.
Industry Consolidation Reshapes List of Top 100 Private Producers in the Lower 48
Public-private M&A brings new players to top slots in private operators list.
Producers Trim 2024 Hedges Amid Bullish Oil Prices, M&A
Meanwhile, gas-weighted players are benefitting from solid hedge books planned ahead of price uncertainty.
The OGInterview: Building a Bakken Beast
Chord Energy CEO Danny Brown breaks down the M&A strategy that is hitting all the right notes.
Chord Closes $4B Enerplus Acquisition for Williston Basin Scale
The Enerplus transaction gives Chord Energy another decade of drilling runway in the Bakken Shale play—the nation’s second-largest oil field.
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Dividends Declared Week of May 20, 2024
Here is a selection of upstream and service and supply company dividends declared in the past week.
Enerplus, Chord on Track to Close $4B Williston Deal on May 31
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.