总部位于休斯敦的 Chord Energy 宣布计划收购加拿大生产商 Enerplus Corp.，交易隐含价值为 38 亿美元。此次交易涉及股票和现金的组合，将创建一家企业价值110亿美元的公司。

该公司的占地面积将扩大到 130 万英亩，其中 98% 位于北达科他州的威利斯顿盆地，该盆地是丰富的巴肯页岩的所在地。

此次交易符合北美页岩油行业持续的整合趋势，近几个月来，埃克森美孚、雪佛龙、切萨皮克能源和响尾蛇能源等大型石油和天然气公司进行了重大收购。

Chord 表示，交易完成后，其日产量将增加至盆地领先的平均日产量 287,000 桶油当量，其中约 56% 为原油。

该公司强调，合并后的库存可能支持长达 10 年的新井钻探。值得注意的是，这些潜在井中有 40% 被认为是 3 英里横向剖面的候选井，这些井被认为可以提供有吸引力的资本效率。

Chord 还预计，总面积约为 1,800 个未开发地点，在美国油价约为 60 美元/桶的情况下，这些地区可以实现收支平衡。

Chord 首席执行官丹尼·布朗 (Danny Brown) 在一份声明中表示：“此次合并进一步加强了我们在威利斯顿盆地的地位，并为两家公司的股东带来了一个极具吸引力的机会。”

根据协议条款，Enerplus 股东将获得 Chord 普通股收购价格的近 90%，其余 10% 以现金支付。

该交易还包括 Enerplus 的未偿债务。交易后，Chord 股东将持有新公司约 67% 的股份，Enerplus 股东持有剩余 33% 的股份。

Chord 表示，假设基于 79 美元/桶的 WTI 油价和 2.50 美元/MMBtu 的美国天然气价格，再投资率为约 51%，此次合并今年将产生约 12 亿美元的自由现金流。

此外，由于管理和运营费用的减少，预计合并每年将节省 1.5 亿美元。

交易完成后，预计到第三季度，董事会成员将增至 11 名，其中 7 名来自 Chord，4 名来自 Enerplus，其中包括现任 Enerplus 首席执行官 Ian Dundas。布朗将继续担任合并后公司的首席执行官。

Houston-based Chord Energy has announced plans to acquire Canadian producer Enerplus Corp. in a deal with an implied valued at $3.8 billion. The transaction, which involves a combination of stock and cash, will create a company with an enterprise value of $11 billion.

The company’s footprint will expand to 1.3 million acres, 98% of which is in North Dakota’s Williston Basin which is home to the prolific Bakken Shale.

The transaction aligns with the ongoing consolidation trend in the North American shale sector that has been marked in recent months by major acquisitions from large oil and gas companies including ExxonMobil, Chevron, Chesapeake Energy, and Diamondback Energy.

Chord said its daily output will increase as a result of the deal to a basin-leading average of 287,000 BOE/D, about 56% of which is crude oil.

The company emphasized the combined inventory may support up to 10 years of drilling for new wells. Notably, 40% of these potential wells are considered candidates for 3-mile lateral sections which are considered to deliver attractive capital efficiencies.

Chord also projects the combined acreage holds some 1,800 undeveloped locations that can break even at US oil prices of around $60/bbl.

“This combination further strengthens our Williston Basin position and represents a compelling opportunity for both companies' shareholders," Danny Brown, CEO of Chord, said in a statement.

Under the terms of the agreement, Enerplus shareholders will receive nearly 90% of the purchase price in Chord common shares, with the remaining 10% paid in cash.

The deal also includes Enerplus' outstanding debt. Post-transaction, Chord shareholders will hold approximately 67% of the new company, with Enerplus shareholders owning the remaining 33%.

Chord said the combination will generate around $1.2 billion in free cash flow this year, assuming a reinvestment rate of about 51% based on a $79/bbl WTI oil price and a $2.50/MMBtu US gas price.

Additionally, the merger is expected to yield $150 million in annual savings due to reductions in administrative and operational expenses.

Upon completion of the deal, expected by the third quarter, the board of directors will expand to 11 members, with seven from Chord and four from Enerplus, including current Enerplus CEO, Ian Dundas. Brown will remain in his position as the CEO of the combined company.