Enerplus reported a solid second quarter with both production and cash flow coming in ahead of the consensus estimate, largely as a result
of strong performance from the Company’s North Dakota crude oil assets. As such, the production performance to date has prompted a small bump to average 2015e production guidance, which now stands at 100,000-104,000 boe/d, while the $540 mm capital program remains intact.
10 Aug 2015
Enerplus Corporation Reports Second Quarter Results, Raises Production Guidance
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Enerplus Corporation Reports Second Quarter Results, Raises Production Guidance
Enerplus Corporation (ERF:TSE) | 0 0 0.6% | Mkt Cap: 3,228m
- Published:
10 Aug 2015 -
Author:
Michael Hearn -
Pages:
7
Enerplus reported a solid second quarter with both production and cash flow coming in ahead of the consensus estimate, largely as a result
of strong performance from the Company’s North Dakota crude oil assets. As such, the production performance to date has prompted a small bump to average 2015e production guidance, which now stands at 100,000-104,000 boe/d, while the $540 mm capital program remains intact.