Deal Team

Executive Compensation and Benefits

Chord Energy in its $11 billion combination with Enerplus

On February 21, 2024, Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) announced they have entered into a definitive arrangement agreement under which Chord will combine with Enerplus in an approximately $11 billion stock and cash transaction.  Under the terms of the transaction, each common share of Enerplus will be exchanged for 0.10125 shares of Chord common stock and $1.84 per share in cash.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Chord.