Media Centre

Garth Doll
Manager, Investor Relations

Direct: (403) 298-1218
Email: gdoll@enerplus.com

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)

Last updatedApril 30, 2010->