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Bullboard - Stock Discussion Forum Enerplus Corp T.ERF

Energy Oil & Gas E&P
Enerplus Corporation is a Canada-based independent oil and gas exploration and production company. The Company is focused on the development of North American oil and natural gas assets. Its portfolio includes light oil assets in the Bakken, North Dakota, and a position in the Marcellus natural gas shale region in northeast Pennsylvania. The Company's operations are concentrated in the core of... see more

TSX:ERF - Post Discussion

Enerplus Corp > Asset sales
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Post by caretired1 on Mar 18, 2022 11:34am

Asset sales

Any thoughts on when cDN asset sales may occur and rough price range?
Comment by therealDonald on Mar 18, 2022 1:23pm
They should have bids by now. The assets might be tough to sell considering where oil has moved, and where suitors are trading. Do you sell these oil assets for 2x CF at 100$ oil?  I would think they would sell for between $300-400mm CDN. Hopefully. I'm ok if the keep them if the bids aren't accretive. 
Enerplus Corp
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