Public market insider buying at Enerplus (ERF)

Public market insider buying at Enerplus (T:ERF)

Jodine Julene Jenson Labrie, a Senior Officer, acquired 20,000 Common Shares on a direct ownership basis at prices ranging from $5.770 to $6.090 between February 25th and 27th, 2020. This represents a $118,600 investment into the company's shares and an account share holdings change of 70.3%.

Enerplus is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Enerplus Corporation (Enerplus) is an energy producer with a diversified portfolio of crude oil and natural gas assets. Enerplus' oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, Colorado and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. Enerplus' primary focus is on developing its crude oil assets in North Dakota. Enerplus's operations are concentrated in the core of the Bakken/Three Forks light oil shale play where it holds approximately 65,000 net acres on the Fort Berthold Indian Reservation. Enerplus holds an interest in approximately 36,000 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania. Enerplus Corporation (ERF) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has invested a total amount of $118,600.