Enerplus Corp ERF

Primary Symbol: 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 the Bakken/Three Forks light oil shale play where it holds approximately 235,600 net acres in North Dakota. The acreage is primarily located across the Fort Berthold Indian Reservation, as well as in Williams and Dunn Counties. It holds an interest in approximately 32,500 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania. This non-operated position is located in Susquehanna, Bradford, Wyoming, Sullivan and Lycoming counties.

TSX:ERF - Post by User

Enerplus Corp

Bullboard Posts

Post by mauiwowieon Jan 21, 2016 11:10pm

212 Views

Post# 24482908

Nice to see the Dividend.

Erf has always paid a divvy.. .03 is only 72000000 per year...they have 35% oil hedged at $65 i think? they clearly stated last quarter that they could fully fund the divvy this year..I dont think it will be cut yet. Oil should recover before it becomes an issue..I'm sure they are happy they cut twice last year.

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