Top Story | Deals - Acquisition, Mergers, Divestitures
Devon Said To be In Talks to Acquire Enerplus
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Reuters is reporting that Devon is looking to buy Enerplus. This acquistion would add significant scale to Devon's Bakken operations. As you might remember, Devon entered the bakken through it acquistions of WTX Energy. The company later bolted on RimRock's bakken assets.
Enerplus has operations mostly in the bakken and some non-op assets in the Marcellus. The company produced 103 mboe/d as of the third quarter with 77% of that from the bakken.
Source : Shale Exerts Assets Database, Company filings, Company Presnetations
Enerplus : Bakken Asset Map
Source : Shale Experts Presentation Database.
Devon Bakken Map
source : Shale Experts Presentation Database.
| Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
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| Total |
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