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Returns & Value Focused

At Enerplus, we're focused on creating long-term value for our shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations.

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Operations Overview

We are focused on the development of high-quality North American oil and natural gas assets. Today, our portfolio includes light oil assets in the Williston Basin (North Dakota and Montana), a position in the Marcellus natural gas shale play (northeast Pennsylvania) as well as a group of oil assets under secondary and tertiary recovery in western Canada.

Production
2019E Production
BOE/Day 94,000 - 100,000

2019E Production Mix
Liquids 56%
Natural Gas 44%

2019E Geographic Split
US 86%
Canada 14%
Reserves
Proved 279 MMBOE
Crude Oil & NGLs 49%
Natural Gas 51%

Proved + Probable
397 MMBOE
Crude Oil & NGLs 53%
Natural Gas 47%
   

At December 31, 2017

Capital Allocation
2019E Capital Budget:  $565 - $635 m
Williston Basin 80%
Marcellus Shale 7.5%
Canadian Waterfloods 7.5%
Other 5%

Waterfloods

Production 10,700 boe/d
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Williston Basin

Production 39,200 boe/d
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Marcellus

Production 193 MMcf/d
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Contact Us
Enerplus
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