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Enerplus Gets Oilier in 2017 as North Dakota Output Jumps 70%
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Enerplus reported its Q4 and full year 2017 results.
Highlights: Delivered 28% crude oil production growth from the first quarter to the fourth quarter of 2017 - Fourth quarter 2017 production was 88,590 BOE per day, above the Company's fourth quarter guidance range of 86,000 to 88,000 BOE per day, and an increase of 12% from the third quarter of 2017. North Dakota production increased by 70% from the first quarter to the fourth quarter of 2017 Replaced 189% of 2017 production through proved plus probable ("2P") reserves additions, revisions and economic factors at a finding and development ("F&D") cost of $9.68 per BOE. This included material reserves growth in North Dakota where the Company replaced 414% of 2017 production Drilling Activity:- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
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