History
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1986
Enerplus Resources Fund completes $9 million IPO and begins operating as Canada's first oil and gas royalty trust

1987
Enerplus Resources Fund initiates Series B and completes $50 million offering

1988
Enerplus Resources Fund completes another successful offering with Series C raising $75 million

1989
Enerplus Resources Fund launches Series D raising $26 million

1990
Enerplus merges Series A, B, C and D into a single fund and changes to an open-ended structure

1994
Westrock Energy Income Funds I & II become part of the Enerplus Group of Companies

1996
Mark Resources, a $500 million energy company, is converted into EnerMark Income Fund and becomes part of the Enerplus Group of Companies

2000
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

2001
EnerMark Income Fund is merged into Enerplus Resources Fund to create the largest conventional oil and gas income fund in North America

2002
Enerplus expands operations into the oil sands of Alberta through the acquisition of a 16% working interest in the Joslyn lease

2004
Enerplus completes a milestone year, setting production and drilling records and acquires Ice Energy and assets from ChevronTexaco for $600 million

2005
Enerplus completes the single largest acquisition in our history and our first acquisitions outside of Canada by purchasing Lyco Energy and Sleeping Giant LLC and establishes a new core growth area in the United States

2006
Enerplus completes most ambitious capital program in 20 year history, spending just over $491 million on our oil and gas activities

2007
Acquired 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. Acquired GORR interest oil and gas reserves in the Jonah field in Wyoming spending approximately $61 million

2008
Completed the largest transaction in our 22 year history with the purchase of Focus Energy Trust for total consideration of approximately $1.7 billion