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April 2008 Update

Health & Safety

Enerplus places a high priority on preserving the quality of our environment and protecting the health and safety of our employees, contractors and the public in the communities in which we live and work. We actively participate in industry-recognized programs at the highest possible levels in an effort to support continuous improvement.

Health, safety and environmental (‘‘HSE’’) risks influence the workforce, operating costs and the establishment of regulatory standards. Enerplus has established an HSE Management System designed to:

  • provide staff with the training and resources needed to complete work safely and effectively;
  • incorporate hazard assessment and risk management as an integral part of everyday business;
  • monitor performance to ensure that our operations comply with legal obligations and the internally imposed standards; and
  • identify and manage environmental liabilities associated with our existing asset base and potential acquisitions.

For further information on 2007 Health, Safety and Environment activities, please refer to the Health, Safety and Environment section of our Annual Information Form.

Environment

 Enerplus is committed to meeting our responsibilities to protect the environment through a variety of programs and actively monitoring our compliance with all regulators. In particular, we engage in the following activities:

  • Enerplus participates in the CAPP (Canadian Association of Petroleum Producers) Stewardship Program at the highest level, platinum. Our participation requires a commitment to continuous improvement of our HSE management system including sound planning and implementation, open communication and demonstrated performance and a thorough external audit of our activities at least once every five years;
  • Enerplus has a site inspections program and a corrosion risk management program designed to ensure compliance with HSE laws and regulations. We carry insurance to cover a portion of our property losses, liability and business interruption. HSE updates and risks are reviewed regularly by the HSE committee comprised of members of the board of directors of EnerMar;.
  • We carry out our activities and operations in compliance with all relevant and applicable environmental regulations and good industry practice. At present, Enerplus believes that we meet all applicable environmental standards and regulations and has included appropriate amounts in our capital expenditure budget to continue to meet our ongoing environmental obligations.

Overall, Enerplus believes our Health, Safety and Environment initiatives confirm our ongoing commitment to environmental stewardship and the health and safety of our employees, contractors and the general public in the communities in which we operate.