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BRIEF-Enerplus says announces sale of non-operated North Dakota assets
December 12, 2016 / 11:18 AM / 9 months ago

BRIEF-Enerplus says announces sale of non-operated North Dakota assets

Dec 12 (Reuters) - Enerplus Corp

* For total cash consideration of US$292 million

* Deal subject to estimated cash tax of US$12 million and customary closing adjustments

* Production from assets averaged approximately 5,000 BOE per day during Q3 of 2016

* Assets comprise approximately 8% of company’s existing net acreage in North Dakota

* Enerplus announces sale of non-operated North Dakota assets and increased drilling inventory at Fort Berthold Source text for Eikon: Further company coverage:

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