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Enerplus Corporation, along with its subsidiaries, focuses on 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 includes oil and natural gas properties situated primarily in North Dakota, Colorado, Pennsylvania, Alberta, British Columbia, and Saskatchewan. These assets are strategically positioned to leverage the rich potential of diverse geological formations, contributing to Enerplus's robust production profile and operational growth.
As of December 31, 2021, Enerplus Corporation reported substantial proved plus probable reserves. These include 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 foundation in resource development and its commitment to sustainable energy extraction practices.
Founded in 1986 and headquartered in Calgary, Canada, Enerplus Corporation continues to expand its operational footprint while prioritizing environmental stewardship and community engagement. The company's strategic approach integrates advanced technologies and rigorous operational standards to maximize resource recovery and optimize shareholder value in a dynamic energy market landscape.
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