Calgary-based Enerplus Corp. is selling off a small bundle of oil and natural gas interests in Montana and North Dakota for $115 million, but the Williston Basin remains a priority, the CEO said.  


Stakes are being sold in Montana’s Sleeping Giant field and North Dakota’s Russian Creek area of the Williston, home to the Bakken Shale. The buyer was not disclosed.

Enerplus during 2Q2021 completed its takeover of Bakken pure-play Bruin E&P Holdco LLC, It also recently built its Bakken portfolio in a deal with Hess Corp. 

The two acquisitions combined expanded the Williston portfolio by about four-fold to 296,000 acres. 

The Williston prospects being sold were unlikely to be funded, CEO Ian C. Dundas said. 

“The sale of our legacy position in Montana and the Russian...