Buying Calgary-based Enerplus will increase Chord’s production to the equivalent of 287,000 boed and give it a total 1.3 million net acres in the Williston basin.
(Bloomberg) Chord Energy Corp. agreed to buy Enerplus Corp. for $3.7 billion in stock and cash, continuing a flurry of oil and gas dealmaking and creating a leading producer in the Bakken shale formation of the northern US plains.Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapYour 401(k) Will Be Gone Within a DecadeChina Tightens Grip
Chord to Buy Enerplus for $3 7 Billion to Bulk Up In Bakken bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Chord to buy Enerplus for US$3 7 billion to bulk up in Bakken bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.