Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Enerplus Divests Non-Core NW Alberta Assets; Pouce Coupe

Not Disclosed Enerplus Corp
AnnouncedApr 11, 2016
TypeProperty
Announced Date
April 11,2016
Close Date
June 16,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
96




Snapshot
Proved Reserves

Location
Region
Canada

Country
Canada

Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Closing Announcement - June 16, 2016

Enerplus Corporation has completed the previously announced sale of certain non-core assets located in northwest Alberta, including its Pouce Coupe asset, for cash proceeds of approximately $95.5 million. Proceeds from this transaction were used to fully repay the Company's outstanding bank credit facility.

Initial Announcement - April 11, 2016

Enerplus Corporation has entered into a definitive agreement to sell certain non-core assets located in Northwest Alberta, including its Pouce Coupe asset.

The total cash consideration for the Assets is…

Canada Deal Activity In Last 12 Months



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Other Canada Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-04-2025 - - Click here Alberta  E&P
Nov-06-2024 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Nov-29-2021 - - Click here Alberta  E&P
May-24-2021 - - Click here Alberta  E&P

Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position -   19,286
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal -  
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal -   2,298