Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) have unveiled a landmark merger agreement, valued at approximately $11 billion in stock and cash, heralding a significant shakeup in the energy sector. This strategic union is poised to create a dominant force in the Williston Basin, boasting a combined 4Q23 production of […]
Chord Energy Corporation, a Nasdaq-listed exploration and production company, has signed an all-cash deal worth $375 million with XTO Energy ExxonMobil Inc. and affiliates, which are subsidiaries of ExxonMobil, to acquire certain assets in the Williston Basin. Under this agreement, Chord Energy will gain control over nearly 62,000 net acres, of which approximately 77% remain undeveloped. […]
