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One-Page Deal Sheet

Enerplus to Divest Non-Core Canadian Assets

Not Disclosed Enerplus Corp
AnnouncedJun 27, 2013
TypeProperty
LocationCardium Shale,Viking Play
Announced Date
June 27,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
80




Snapshot
Location
Region
Canada

Country
Canada

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Enerplus Corporation has entered into agreements to sell various non-core assets in Canada for gross proceeds of approximately $80 million in order to further improve the focus and concentration within our portfolio.

These assets consist primarily of non-operated properties producing approximately 1,000 BOE/day, of which roughly 90% is weighted to crude oil and natural gas liquids. The properties are being sold to multiple parties and we anticipate closings to occur during the third quarter of 2013.

In addition to these sales, we have also acquired an incremental 50% working interest in the…



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Price History



Date Deal Headline Price$/acre
Dec-09-2020 Whitecap Resources to Acquire TORC Oil & Gas - -
Sep-01-2020 Whitecap Acquires Nal Resources in All-Stock Deal Worth $155MM - -
Jul-10-2020 Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres - -