NOTES:
Enerplus has reached a deal to acquire Bruin E&P HoldCo in an all-cash, $465 million deal. Bruin holds 151,000 net acres in the Williston Basin and production of 24 Mboe/d (72% oil, 14% NGL, 14% natural gas.) They are funding the deal with a new $400 million term loan and $115 million in bought deal equity financing.
NOTES:
Halcon Resources has entered into a deal with Bruin E&P Partners, an Arclight Capital Partners portfolio company, to sell its operated Williston Basin assets for $1.4 billion.