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Stock Market & Financial Investment News

News Breaks
May 9, 2014
06:12 EDTERFEnerplus backs FY14 production guidance of 96K BOE-100K BOE per day
The company expects to track towards the high end of the range due to the outperformance in the Marcellus. As a result, the company's natural gas weighting is expected to increase to 56% of total volumes.
News For ERF From The Last 14 Days
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February 3, 2016
06:07 EDTERFEnerplus completes sale of Canadian natural gas assets for $183M
Enerplus has completed one of the divestments of certain Canadian natural gas properties for cash proceeds of approximately $183M, before closing adjustments. Proceeds from this transaction were used to reduce the company's outstanding indebtedness. Production from the properties divested under this transaction was expected to average approximately 4,700 BOE/day, 97% natural gas, in 2016. The second transaction relating to the divestment of additional Canadian natural gas properties is expected to close during Q1.

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