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

One-Page Deal Sheet

Enerplus to Up Ante in the Marcellus; Eyes W.I. in Producing Package

Enerplus Corp Not Disclosed
AnnouncedNov 8, 2013
TypeFarm-In/Farm Out
LocationMarcellus Shale
Announced Date
November 08,2013
Transaction Type
Farm-In/Farm Out
Enterprise Value (EV)($MM)
153




Snapshot
Asset/Basin:
{"Appalachian Basin",Marcellus}
TargetZones:
{"Marcellus Shale"}
Net Acres
Net Operated Locations:

Location
Region
Northeast

Country
United States

State
Pennsylvania

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

Enerplus Corp. has entered into agreements to add to our U.S. gas position in the Marcellus.

We have entered into an agreement to acquire additional working interests in 17,000 net non-operated acres within our core properties in the Marcellus with current production of approximately 42 MMcf/day of natural gas for approximately US$153 million before closing adjustments.

The acquisition increases our working interest in existing non-operated leases within the northeast region of Pennsylvania.  Since entering the play in 2009, well performance from this region has surpassed our expectations and…




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