The acqusition is a good one
they waitied for the right time unlike so many who engage m&a at market tops.
the assets are highly complementary and came out of recent Chapter 11
I perosnally think we have overhang for another month as the overalotment option remains open and with dealers scrambling for liquidity these days because of Gamestopand other similar squeezes - but afterwards think ERF to be very interesting personally
https://www.naturalgasintel.com/enerplus-builds-bakken-stronghold-with-takeover-of-pure-play-bruin-ep/