Enerplus Closes Acquisition of Williston Basin Assets

Source: www.gulfoilandgas.com 4/30/2021, Location: North America

Enerplus Corporation has closed its previously announced acquisition of Williston Basin assets from Hess Corporation for a total cash purchase price of US$312 million, subject to normal purchase price adjustments. The purchase price was funded with existing cash on hand and by borrowing on the Company's bank credit facility.


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