About Enerplus
1986

Enerplus Resources Fund completes $9 million IPO and begins operating as Canada's first oil and gas royalty trust

1987

Enerplus Resources Fund initiates Series B and completes $50 million offering

1988

Enerplus Resources Fund completes another successful offering with Series C raising $75 million

1989

Enerplus Resources Fund launches Series D raising $26 million

1990

Enerplus merges Series A, B, C and D into a single fund and changes to an open-ended structure

1994

Westrock Energy Income Funds I & II become part of the Enerplus Group of Companies

1996

Mark Resources, a $500 million energy company, is converted into EnerMark Income Fund and becomes part of the Enerplus Group of Companies

2000

The Enerplus Group buys over $800 million of oil and gas assets, merges Enerplus with the Westrock Funds and becomes the first Canadian royalty trust to trade on the NYSE

2001

EnerMark Income Fund is merged into Enerplus Resources Fund to create the largest conventional oil and gas income fund in North America

2002

Enerplus expands operations into the oil sands of Alberta through the acquisition of a 16% working interest in the Joslyn lease

2004

Enerplus completes a milestone year, setting production and drilling records and acquires Ice Energy and assets from ChevronTexaco for $600 million

2005

Enerplus completes our first acquisitions outside of Canada by purchasing Lyco Energy and Sleeping Giant LLC and establishes a new core growth area in the United States

2006

Enerplus completes most ambitious capital program in 20 year history, spending just over $491 million on our oil and gas activities

2007

Acquired a 100% working interest in the Kirby oil sands lease for $203 million with production potential of 30,000 - 40,000 bbls/day of bitumen

2008

Completed the largest transaction in our 22 year history with the purchase of Focus Energy Trust for total consideration of approximately $1.7 billion

Last updated: November 5, 2008