Enerplus (STU:E17) Net Undeveloped Acreage # : 0.00 (As of . 20)

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What is Enerplus Net Undeveloped Acreage #?

Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.

The historical rank and industry rank for Enerplus's Net Undeveloped Acreage # or its related term are showing as below:

STU:E17's Net Undeveloped Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Undeveloped Acreage # only.

Enerplus Net Undeveloped Acreage # Historical Data

The historical data trend for Enerplus's Net Undeveloped Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Enerplus Net Undeveloped Acreage # Chart

Enerplus (STU:E17) Net Undeveloped Acreage # Explanation

Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.

Enerplus Net Undeveloped Acreage # Related Terms

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Enerplus (STU:E17) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (STU:E17) » Definitions » Net Undeveloped Acreage #

Comparable Companies

Traded in Other Exchanges

ERF:USA E17:Germany ERF:Canada

Address

3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.enerplus.com

Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.

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