ERF Profile
Enerplus Corporation, along with its subsidiaries, is actively involved in the exploration and development of crude oil and natural gas resources across key regions in the United States and Canada. The company's extensive portfolio of oil and natural gas properties is strategically located primarily in North Dakota, Colorado, Pennsylvania, Alberta, British Columbia, and Saskatchewan. These assets contribute significantly to Enerplus' robust production capabilities and ongoing exploration efforts.
As of December 31, 2021, Enerplus reported substantial proved plus probable gross reserves, including approximately 8.2 million barrels (MMbbls) of light and medium crude oil, 20.7 MMbbls of heavy crude oil, 299.3 MMbbls of tight oil, 56.2 MMbbls of natural gas liquids, 19.7 billion cubic feet (Bcf) of conventional natural gas, and 1,367.9 Bcf of shale gas. These reserves underscore the company's strong asset base and its commitment to maximizing resource potential through efficient extraction and development processes.
Headquartered in Calgary, Canada, Enerplus Corporation was founded in 1986 and has established itself as a prominent player in the energy sector. The company's strategic focus on sustainable growth and operational excellence is supported by a dedicated team of professionals who leverage advanced technologies and innovative practices to optimize production efficiency and environmental stewardship.
Enerplus continues to pursue strategic initiatives aimed at enhancing shareholder value and maintaining a balanced portfolio of high-quality assets. With a proactive approach to exploration and development, coupled with prudent financial management, the company remains well-positioned to navigate evolving market dynamics and capitalize on opportunities for long-term success in the energy industry.
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