Top Story | Private Equity | Deals - Acquisition, Mergers, Divestitures | Capital Markets
Enerplus Closes $465MM Acquisition of Bakken-Focused Bruin
Email
Print 
Bookmark
Enerplus Corp. has closed its previously announced acquisition of Williston-focused Bruin E&P HoldCo LLC for $465 million.
The purchase price was funded by Enerplus fully drawing its new three-year US$400 million term facility, along with a portion of the proceeds from Enerplus' C$132 million equity offering completed on February 3, 2021.
The Company remains undrawn on its US$600 million bank credit facility.
Related Categories :
Deals - Deal Close
More Deals - Deal Close News
-
Vermillion Closes Saskatchewan Asset Sale
-
Ring Energy Finalizes Acquisition of Stronghold Energy II
-
Centennial, Colgate Finalize $3.9B Merger; Debut as Permian Resources Corp.
-
Diamondback Seals Rattler Midstream Deal; Takes Company Private
-
Riverbend Finalizes $1.8B Sale of Portfolio Companies
Rockies News >>>
-
SM Energy Hits Record Output; Driven by Uinta
-
Large Cap E&P To Reduce Drilling & Completion Activity in 2026 -
-
Baker Hughes Solid Y/Y Performance Amidst US Frac Market Slowdown -
-
Halliburton Warns of Deepening U.S. Frac Slowdown -
-
Oilfield Service Report : 13 New Leads/Company Formation & Contacts YTD
Williston Basin News >>>
-
PE Firm Seeds Four New E&P Startups in Strategic Push In 2025 -
-
Schlumberger Shows Steady Resilience Amid Market Volatility -
-
Civitas Provides Update on Current Rigs & Frac Crews -
-
IOG forms Partnership with PE-Firm First Reverse To Fund DrillCo's -
-
Intel Bits : E&P Operators Cut Frac Crews/ Rigs For Remainder of 2025; A Detailed Look
