“It has been a constructive start to the year for us, having announced and closed two strategic acquisitions in the Bakken,” said Ian C. Dundas, President and CEO. “These acquisitions are expected to be highly accretive to our per share metrics, support continued operational efficiencies and extend our core Bakken development inventory. They are also helping to drive a step change in the free cash flow generation of our business. As a result, and consistent with our commitment to sustainably growing our return of capital to shareholders, we are increasing our dividend. As we continue integration efforts, we remain focused on delivering safe, consistent execution under a disciplined capital allocation framework.”
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