ERF:CC - Enerplus Closes the Sale of Certain Canadian Assets

Canada NewsWire

CALGARY, AB , Oct. 31, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) announced today that it has closed the previously announced sale of certain Canadian assets located in Alberta (the "Assets") to Journey Energy Inc. for total consideration of CDN$140 million , prior to closing adjustments. The Assets include the Company's Ante Creek and Medicine Hat operations along with its broad interests west of the fifth and sixth meridians of Alberta .

Enerplus is an independent North American oil and gas exploration and production company focused on creating long-term value for its shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations. For more information, visit the Company's website at www.enerplus.com .

Follow @EnerplusCorp on Twitter at https://twitter.com/EnerplusCorp .

SOURCE Enerplus Corporation

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