Enerplus said it has completed the sale of a number of non-operated interests in North Dakota.
The company said the deal, worth $90million, is for less than 2% of Enerplus net acreage in the region.
The proceeds from the transaction will be used to reduce the company’s outstanding bank debt.
Enerplus said the divestment will allow it to increase its focus on its operated North Dakota acreage.
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