Established in 1986, Enerplus is a responsible developer of high quality crude oil and natural gas assets in Canada and the United States committed to creating value for its shareholders through a disciplined capital investment strategy.
Enerplus Corporation trades on both the Toronto Stock Exchange and the New York Stock Exchange (ERF.TO & ERF.NYSE). Monthly dividends are paid on or about the 15th day of each month to all shareholders of record on or about the end of the preceding month.
Enerplus Resources Fund completes $9 million IPO and begins operating as Canada's first oil and gas royalty trust
Enerplus Resources Fund initiates Series B and completes $50 million offering
Enerplus Resources Fund completes another successful offering with Series C raising $75 million
Enerplus Resources Fund launches Series D raising $26 million
Enerplus merges Series A, B, C and D into a single fund and changes to an open-ended structure
Westrock Energy Income Funds I & II become part of the Enerplus Group of Companies
Mark Resources, a $500 million energy company, is converted into EnerMark Income Fund and becomes part of the Enerplus Group of Companies
The Enerplus Group buys over $800 million of oil and gas assets, merges Enerplus with the Westrock Funds and becomes the first Canadian royalty trust to trade on the NYSE
EnerMark Income Fund is merged into Enerplus Resources Fund to create the largest conventional oil and gas income fund in North America
Enerplus expands operations into the oil sands of Alberta through the acquisition of a 16% working interest in the Joslyn lease
Enerplus completes a milestone year, setting production and drilling records and acquires Ice Energy and assets from ChevronTexaco for $600 million
Enerplus completes its first acquisitions outside of Canada by purchasing Lyco Energy and Sleeping Giant LLC and establishes a new core growth area in the United States
Enerplus completes most ambitious capital program in 20 year history, spending just over $491 million on oil and gas activities
Enerplus acquires a 100% working interest in the Kirby oil sands lease for $203 million with production potential of 30,000 - 40,000 bbls/day of bitumen
Enerplus completes the largest transaction in its 22 year history with the purchase of Focus Energy Trust for total consideration of approximately $1.7 billion
Acquired an average 21.5% working interest in 540,000 gross acres in the Marcellus shale region in the northeastern United States for US$411 million
Enerplus acquires Bakken and Marcellus assets and sells Kirby Oil Sands lease and other non-core assets in support of its strategy to reposition our portfolio and improve focus and profitability.
Conversion to Enerplus Corporation on January 1, 2011, after receiving overwhelming approval by 98.5% of unitholders.
Enerplus raises over $360 million through sale of non-core production in Manitoba and proceeds from the sale of its equity interest in Laricina Energy Ltd.
Gord Kerr retires as President & CEO and is succeeded by Ian Dundas (formerly Enerplus’ Executive VP & COO.)
Record average production of approximately 104,000 BOE/day achieved in the second quarter
Grew production to 106,524 BOE/day and crude oil and natural gas liquids production to just over 46,400 barrels per day
Met or exceeded all financial and operating targets, including significantly strengthening the balance sheet by reducing debt approximately 70% during 2016