Bruin E&P

Enerplus Builds Bakken Stronghold with Takeover of Pure-Play Bruin E&P

Enerplus Builds Bakken Stronghold with Takeover of Pure-Play Bruin E&P

Canadian producer Enerplus Corp. has gained more exposure in North Dakota’s Bakken Shale with a $465 million takeover of Houston-based Bruin E&P HoldCo LLC. The deal announced Monday for the North Dakota assets of the Bakken pure-play is forecast to propel a 20% production jump for Calgary-based Enerplus to a combined 103,500-108,500 boe/d.  The acquired…

January 26, 2021