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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Enerplus to Bolt on Bakken Elm Coulee Assets

Enerplus Corp Not Disclosed
AnnouncedDec 11, 2012
TypeProperty
LocationBakken Shale & Three Forks
Announced Date
December 11,2012
Close Date
December 20,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
131




Snapshot
Asset/Basin:
{"Williston Basin"}
TargetZones:
{Bakken,"Elm Coulee
% Oil:

Location
Region
Williston Basin

Country
United States

State
Montana

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Consistent with a strategy of consolidating core positions within its portfolio, Enerplus Corp. has agreed to enter into an agreement to acquire an additional 20% working interest in operated leases in the Sleeping Giant area in the Elm Coulee field in Richland County, Montana for approximately US$131 million (approximately US$121 million after estimated closing adjustments of US$10 million).

By investing approximately half of the proceeds from the sale of its Manitoba assets, Enerplus expects to replace the sold production, improve the concentration of its asset base and improve operating…



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Aug-24-2023 - - Click here North Dakota  E&P
Sep-06-2022 - - Click here   E&P
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Price History



Date Deal Headline Price$/acre
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM - -
Jul-08-2024 Devon To Acquired PE-Backed Grayson Mill For $5 Billion - -
Feb-21-2024 Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company - -