Enerplus Closes Sale of Non-Operated North Dakota Assets
January 03 2017 - 5:34PM
PR Newswire (Canada)
CALGARY, Jan. 3, 2017 /CNW/ - Enerplus Corporation
(TSX & NYSE: ERF) announces that its wholly-owned subsidiary,
Enerplus Resources (USA)
Corporation, has closed the previously announced sale of its
non-operated assets in North
Dakota for total cash consideration of US$292 million (approximately C$390 million), subject to tax and customary
post-closing adjustments.
About Enerplus
Enerplus Corporation is a responsible
developer of high quality crude oil and natural gas assets in
Canada and the United States committed to creating value
for its shareholders through a disciplined capital investment
strategy.
Follow @EnerplusCorp on Twitter at
https://twitter.com/EnerplusCorp.
Ian C. Dundas
President & Chief Executive Officer
Enerplus Corporation
SOURCE Enerplus Corporation
Copyright 2017 Canada NewsWire
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