Announced
Financials
Sources
Tags
Integrated Oil and Gas
Cross Border
Acquisition
Single Bidder
oil production
Friendly
United States
Pending
Majority
Private
Synopsis
Enerplus, an oil and gas production company, agreed to acquire acreage interests in the Bakken from Hess, a global independent energy company, for $312m. “The Bakken is a core asset in our company’s portfolio. Sale of the Little Knife and Murphy Creek acreage – the majority of which we were not planning to drill before 2026 – brings material value forward and further strengthens our cash and liquidity position," John Hess, Hess CEO.
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