Enerplus is a North American energy producer with a portfolio of oil and gas assets in resource plays that offer organic growth potential with superior economics.

Our U.S. natural gas properties primarily consist of our non-operated Marcellus shale gas interests located in northeastern Pennsylvania where we hold an interest in approximately 60,000 net acres.

Our U.S. natural gas production averaged 112,547 Mcf/day in 2013, representing approximately 39% of our total natural gas production. As a result of the acquisition of additional working interests in northeastern Pennsylvania during the fourth quarter of 2013, exit production from the Marcellus was approximately 171,083 Mcf/day.

Proved plus probable U.S. natural gas reserves were 600.9 Bcf at December 31, 2013, an increase of 168% from year-end 2012, and represented 25% of our total proved plus probable reserves.

In 2013, $79 million was invested in our interests in the Marcellus.

We plan to spend between $110 million and $130 million on drilling projects in our Marcellus properties in the northeast region of  Pennsylvania in 2014. We expect Marcellus production to grow from 95 MMcf/day in 2013 to over 140 MMcf/day in 2014, which would represent approximately 40% of our anticipated natural gas production.
Marcellus Shale Gas

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Last Updated: February 25, 2014
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