Enerplus Corporation reiterated production growth targets for 2012. We continue to expect to deliver 10% organic production growth through a capital spending program designed to increase crude oil production significantly throughout the year and preserve the value of our core natural gas assets for the future.
Approximately 70% of our forecasted $800 million capital spending in ...
The properties were acquired from Chesapeake Energy Corp. (NYSE: CHK) and its partner for approximately $93 million, excluding purchase price adjustments.
The Aquatech acquisition will immediately expand the network from three to five central water management facilities located in Franklin, Josephine, Creekside, Rouseville and Tioga, establishing an "end-to-end" network for producers in the Marcellus and Utica shale region.