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RSS FeedsEnerplus Announces 2018 Budget of $535 to $585 Million
(WorldNews Canada)

 
 

14 december 2017 00:44:43

 
Enerplus Announces 2018 Budget of $535 to $585 Million
(WorldNews Canada)
 


CALGARY, Dec. 13, 2017/CNW/ - Enerplus Corporation (TSX & NYSE: ERF) today announced its 2018 exploration and development capital budget of $535to $585 millionwhich is focused on generating sustainable and profitable cash flow growth, while maintaining the Company`s significant financial strength. Highlights of the 2018 capital budget and guidance: Projecting approximately 10% total production growth and 20% liquids production growth year-over-year, on a divestment adjusted basis North Dakotaproduction to grow by over 30% year-over-year Liquids to account for more than 55% of total production by the second half of 2018 Capital spending and dividends expected to be funded within cash flow at...


 
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