Enerplus

Locator: 10010Enerplus. 

ERF (Enerplus)

• February 21, 2024: to merge with Enerplus,
• February 3, 2022: major announcement -- pure Bakken play.
  
• August 5, 2021: 2Q21 earnings. 
  
• August 4, 2021: transfer of "Hess" wells to Enerplus. See this post.
  
• May 15, 2021:
   
  
  
  
• May 15, 2021: update; added 230,000 net acres with purchase from Bruin and from Hess; 
• these acquisitions quadrupled the Enerplus footprint in the Bakken;
• will add at least 340 economic drilling locations
• if they drill twelve wells / year, that's almost 30 years of more drilling;
• 2Q21 and 3Q21: most active period this year
• will bring 32 gross, 26 net operated wells online over this period
• will concentrate on FBIR and "eastern Williams"
  
• completions: averaging 13 stages per day
• a 60-stage frack = 7 days?
• a 30 percent improvement over 2020
  
• January, 25, 2021: Enerplus agrees to acquire Bruin for $3,000 / acre; Bruin said to have 151,000 net acres;
  
• December 13, 2016, press release: to sell 5,800 net acres; $292 million; 8% non-operated interest; now with 65,500 net acres in North Dakota; averages 23,700 boe (90% liquids) in 3Q16 in North Dakota
• July 3, 2015: a reader writes -- ERF also added  a 2^nd drilling rig today. They have never had more than 2 rigs running. 
• 215,000 + net acres in the Bakken (ND, Montana, and Saskatchewan)
• BEXP presentation says ERF has 230,000 net acres
• Saskatchewan: Daly, Taylorton, Oungre, Neptune, Freda Lake
• Montana: Sleeping Giant (mature asset; possibly EOR; west of Williston; small amount in ND)
• North Dakota: Fort Berthold