One-Page Deal Sheet
Enerplus Announces Sale of Non-Operated Marcellus Interests
Not Disclosed Enerplus Corp
Announced Date
May 16,2011
Close Date
June 28,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
575
Asset/Basin:
{Marcellus}
TargetZones:
{"Marcellus Shale"}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
West Virginia
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Production ($/Mcfe/d)
Transaction Details: Subscribe to see
Enerplus Corporation announced that it entered into an agreement to sell a portion of our Marcellus natural gas interests in Pennsylvania, Maryland and West Virginia for estimated proceeds of US$575 million, including closing adjustments which take into account production and capital spending from the effective date.
The sold interests include approximately 91,000 net acres, primarily non-operated, in southwest and central Pennsylvania, Garrett County in Maryland and northern West Virginia, with an independent contingent resource assessment of 1.6 Tcfe of natural gas as of December 31, 2010…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
-  |
- |
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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Click here | Pennsylvania | E&P |
| Jul-19-2019 |
- |
- |
Click here | Pennsylvania | E&P |
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