Canadian oil & gas producer Enerplus (ERF) falls 1.6% AH after announcing a 12.79M share...

|About: Enerplus Corporation (ERF)|By:, SA News Editor

Canadian oil & gas producer Enerplus (ERF) falls 1.6% AH after announcing a 12.79M share stock offering, good for proceeds of $303M based on today's close. Enerplus says it will use the proceeds to help finance its 2012 capex, which includes $800M worth of spending on exploration & development projects.