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

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Post by retiredcfon Feb 27, 2023 3:55pm

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Post# 35308007

Future Oil Price?

We expect this year's average oil price to be US$10 higher than where we are right now: Economist

Jason Schenker, president of Prestige Economics, joins BNN Bloomberg to discuss the latest developments in commodities markets, particularly oil. Schenker says that there's a confluence of factors impacting the oil price in upward and downward ways, but expects the price to move higher in the summer.

https://www.bnnbloomberg.ca/video/we-expect-this-year-s-average-oil-price-to-be-us-10-higher-than-where-we-are-right-now-economist~2636396

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