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Provider: ValuEngine, Inc.
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$127.00
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Provider: ValuEngine, Inc.
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$127.00
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Enerplus Corp Enters into Agreement to Sell Equity Interest in Laricina Energy
Enerplus Corp announced that it entered into an agreement to sell all of our shares in Laricina Energy Ltd. (Laricina) for net after tax proceeds of approximately $141 million. Laricina is a private Canadian company focused on in situ oil sands development. Proceeds from the sale will be used to repay outstanding bank indebtedness.
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