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 > +50% in 8 days and still the overallotment option open

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Comment by therealDonaldon Feb 10, 2021 2:40pm

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Post# 32527742

RE:+50% in 8 days and still the overallotment option open

From what I understand the bought deal was fully subscribed/over allotted and closed last week,

if you think this stock has run too far too quick, look at pou for an example of how it could go in the next little while.The asks above are thin and this is just getting started.

exprohibition18 wrote: Dealers will obviously exercise
Too far too fast ?

Crude oil is up a couple of dollars not 10 dollars
Nat gas is pretty much unchanged

Curve is highly backwardated