Enerplus Closes $180 Sale of Canadian Assets to Surge Energy
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Enerplus Corporation has closed on the sale of all of its remaining Canadian assets located in Alberta and Saskatchewan to Surge Energy Inc. for CDN$245 million (US$180 million).
The assets include production of approximately 3,000 BOE per day (99 percent crude oil) on a net after deduction of royalties basis (approximately 4,000 BOE per day before deduction of royalties).
About Enerplus
Enerplus is an independent North American oil and gas exploration and production company focused on creating long-term value for its shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations.
To stop by Enerplus’ website, CLICK HERE
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