One-Page Deal Sheet
Enerplus Acquires Marcellus Shale Acerage For $406 Million
Enerplus Corp Chief Oil & Gas Llc
Announced Date
August 20,2009
Effective Date
May 01,2009
Close Date
September 01,2009
Transaction Type
Property
Enterprise Value (EV)($MM)
406
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
Pennsylvania
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Enerplus Resources Fund announced that it has entered into agreements with three private natural gas producers, Chief Oil & Gas LLC, Chief Exploration & Development LLC and a limited partnership managed by Tug Hill, Inc. (collectively "Chief"), to acquire 30% of their interests in the Marcellus shale natural gas resource play in the northeastern United States. Chief currently owns an average 72% working interest in approximately 540,000 gross acres, the majority of which is located in Pennsylvania within the heart of the Marcellus shale gas play. Upon completion of the acquisition, Enerplus…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
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Click here | Pennsylvania | E&P |
| Dec-19-2019 |
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| Oct-21-2019 |
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| Jul-19-2019 |
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| Jul-19-2019 |
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