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Bullboard - Stock Discussion Forum Enerplus Corp T.ERF

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... see more

TSX:ERF - Post Discussion

Enerplus Corp > Gas $6.56 U.S. Last Trade
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Post by MyHoneyPot on Apr 11, 2022 11:32am

Gas $6.56 U.S. Last Trade

6.56/.7952 = $8.24 Canadian a boe

Or that is about $49.49 barrel. 

Considering all the ERF is non operated, and unhedged.

218952/6000 =  36492 boe/day of gas or about = 1.8 million canadian dollars

162 million for the quater. 

This is just the Non Op gas. 

That gas is all of a sudden very valuable, even if you discout it 10% its almost 150 million canadian a quarter. 

IMHO
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