ERF’s Q4 saw strong cash flow. Production was previously disclosed. YE18 reserves metrics were generally strong but showed creep in FDC per boe. However, FDC/boe estimates for unbooked contingent resources in both the Bakken and Marcellus fell significantly Y/Y, while EUR per well estimates for contingent resource locations increased.
26 Feb 2019
Year-end update and North Dakota well performance review
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Year-end update and North Dakota well performance review
Enerplus Corporation (ERF:TSE) | 0 0 0.6% | Mkt Cap: 3,228m
- Published:
26 Feb 2019 -
Author:
Michael P. Dunn -
Pages:
14
ERF’s Q4 saw strong cash flow. Production was previously disclosed. YE18 reserves metrics were generally strong but showed creep in FDC per boe. However, FDC/boe estimates for unbooked contingent resources in both the Bakken and Marcellus fell significantly Y/Y, while EUR per well estimates for contingent resource locations increased.