Enerplus, an independent North American oil and gas exploration and production company, completed the acquisition of Bruin E&P, an exploration and production company, for $465m. "This acquisition demonstrates our disciplined returns-oriented focus and commitment to value creation for our shareholders. With immediately adjacent acreage offering strong operational synergies, Bruin's assets are highly complementary to our existing tier 1 position in the Bakken and will enable us to accelerate free cash flow growth and further support our focus on providing long term sustainable shareholder returns," Ian C. Dundas, Enerplus President and CEO.