ARRANGEMENT AGREEMENT among CHORD ENERGY CORPORATION, SPARK ACQUISITION ULC and ENERPLUS CORPORATION dated as of FEBRUARY 21, 2024Arrangement Agreement • February 26th, 2024 • Chord Energy Corp • Crude petroleum & natural gas • Alberta
THIS ARRANGEMENT AGREEMENT (this “Agreement”) is made and effective as of February 21, 2024 among Chord Energy Corporation, a corporation organized and existing under the laws of the State of Delaware, U.S.A. (“Parent”), Spark Acquisition ULC, an unlimited liability company organized and existing under the laws of the Province of Alberta, Canada (“Parent Canadian Sub”), and Enerplus Corporation, a corporation organized and existing under the laws of the Province of Alberta, Canada (“Company”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in Section 7.16.
February 21, 2024 Ian C. Dundas c/o Enerplus Corporation Suite 3000, 333 – 7th Avenue SW Calgary, Alberta T2P 2Z1Chord Energy Corp • February 26th, 2024 • Crude petroleum & natural gas
As you are aware, Chord Energy Corporation, a Delaware corporation (the “Company”), is entering into that certain Arrangement Agreement (as it may be amended, the “Arrangement Agreement”), dated as of the date hereof, by and among the Company, Spark Acquisition ULC, an unlimited liability company organized and existing under the laws of the Province of Alberta, Canada (“Company Canadian Sub”), and Enerplus Corporation, a corporation organized and existing under the laws of the Province of Alberta, Canada (“Enerplus”), pursuant to which Company Canadian Sub shall acquire all of the issued and outstanding common shares of Enerplus.
