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 > Gas is $3.00 US ($4.00 Cad) and we trade near all time lows

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Post by exprohibition18on Oct 20, 2020 10:14am

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Post# 31747589

Gas is $3.00 US ($4.00 Cad) and we trade near all time lows

200 mmcf per day puts our gas side almost identical to an Advantage
We have the lowest debt out there
We pay sustainable dividends

Oil firmly above 40 us now

I dont think ERF hangs around $2.00 US for very long . M&A is heating up in our balance sheet could be a major draw given the market is ascribing no value to our production

GLTA

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