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Enerplus (ERF +4.6%) agrees to sell its equity stake in Laricina Energy, a private Canadian...

Enerplus (ERF +4.6%) agrees to sell its equity stake in Laricina Energy, a private Canadian company focused on oil-sands development, for C$141M. ERF says it will use the proceeds to repay bank debt. Raymond James upgrades the stock to Outperform.
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