Garth Doll
Manager, Investor Relations
Direct: (403) 298-1218
Email: gdoll@enerplus.com
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Enerplus is an income-oriented iInvestment in the oil and gas industry. Established in
1986, we are one of Canada's oldest and largest independent oil and gas producers. We have built a balanced and diversified portfolio of producing properties across western Canada and the United States with a focus on large oil and gas resource plays that offer growth potential as well as predictable production and repeatable development opportunities.
We create value for our investors by developing early-stage resource plays as well as through development drilling, optimization, and acquisitions on later-stage assets. This portfolio mix enhances the sustainability of our business over the long term. Through our discipline of paying a portion of our cash flow to investors each month, we offer an attractive investment that provides both yield and growth.
Company Facts
| Head Office: |
Calgary, AB |
| US Office: |
Denver, CO |
| Field Offices: |
13 Locations |
| Total Employees: |
779 as of December 31, 2009 |
| Enterprise Value: |
$4.8 Billion |
| 2010 Daily Production Outlook: |
88,000 BOE/day - 57% natural gas 43% crude oil & natural gas liquids |
| Capital Spending: |
2010 Budget $425 million |
| Monthly Distribution: |
CDN $0.18/unit/month |
| P&P Reserves: |
345 Million Barrels (as of December 31, 2009) |
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