Public market insider net selling at Enerplus (ERF)

Public market insider net selling at Enerplus (T:ERF)

Ian Charles Dundas, CEO, disposed of 117,814 Common Shares on a direct ownership basis at a price of $14.120 on December 31st, 2021. This represents a $1,663,487 divestment of the company's shares and an account share holdings change of -27.5%.

Eight other insiders also reported selling in smaller amounts.

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

Enerplus Corporation (Enerplus) is a Canada-based oil and gas exploration and production company. The Company is focused on the development of North American oil and natural gas assets. Its portfolio of operations includes a position in the Marcellus natural gas shale play (northeast Pennsylvania) and a group of oil assets under secondary and tertiary recovery in western Canada. Enerplus holds an interest in approximately 32,630 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania. This non-operated position located across Susquehanna, Bradford, Wyoming, Sullivan and Lycoming counties has an inventory of productive drilling locations. Enerplus also operates several mature oil properties in western Canada, which are being developed using both secondary and tertiary recovery techniques.