Enerplus optimistic with improving performanceFrack stages increase by 40 percent and proppant increasing over 200 percent as costs decline to C$4.3 million per well Gary Park For Petroleum News Bakken
Having gone from zero production to 18,000 barrels of oil equivalent per day in the last two years on its North Dakota properties, Calgary-based Enerplus offered a cautionary note to analysts Nov. 8.
“That’s not a trajectory we will continue on ... obviously,” Chief Executive Officer Ian Dundas told....
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C$66 million invested
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