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 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.

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Enerplus Corp > Baby out with the Bath Water Here

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Post by exprohibition18on Oct 13, 2020 7:17pm

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Post# 31711606

Baby out with the Bath Water Here

Ridiculous . near 85, 90 k boe a day , worst point of cycle in past 20 yrs and net debt still only 1 times cash . Marcellus near 200 mmcf a day of nat gas and all US nat gas names are doing well COG etc right in our area- and ERF still being given away in deep discoutn bin .

Oh well algo games = Happy to add tranche 2.... It aint over for Enerplus and they have the right balanced portfolio , and love the most prisitne balance sheet out there .

GLTA

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