Tag: Enerplus

Chord to Buy Enerplus for $3.7 Billion to Bulk Up In Bakken

(Bloomberg) — Chord Energy Corp. agreed to buy Enerplus Corp. for $3.7 billion in stock and cash, continuing a flurry of oil and gas dealmaking and creating a leading producer in the Bakken shale formation of the northern US plains. Most Read from Bloomberg Enerplus investors will receive $1.84 per share, plus 0.10125 shares of […]

Devon Energy in Talks to Buy Enerplus, Reuters Says

(Bloomberg) — Devon Energy Corp., an Oklahoma City-based oil and gas company, is in talks to acquire Calgary-based driller Enerplus Corp., Reuters reported. Most Read from Bloomberg The companies have not come to an agreement, Reuters said, citing anonymous sources. It comes on the heels of a string of recent megadeals in the US oil […]

Exclusive-Shale producer Devon Energy in bid to acquire Enerplus -sources

By David French (Reuters) – U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$3.9 billion ($2.9 billion), with an acquisition offer, people familiar with the matter said on Thursday. Such a combination would continue the dealmaking spree seen in the North American oil patch in recent […]