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EnerPlus Details 2014 Duvernay Shale Plans; Seeking JV Partner

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EnerPlus Details 2014 Duvernay Shale Plans; Seeking JV Partner

During its latest conference call, Enerplus Corp. detailed the following on its Duvernay operations.

"On the Duvernay, we are out looking for a joint venture for the Duvernay a while ago and we got interest in it, but at the end of the day we are in the Willesden Green area, not in the Kaybob area. So we are south of Kaybob where all the action has been. The feedback we got is this would be a lot easier if you were to drill some more wells into your property. We have three vertical wells into our Duvernay section that are not on production, they are essentially test wells and they would indicate that we would be in the liquids rich window.

"In the Duvernay you don’t want to be in the gas window because it’s not economic, you are not getting condensate. You don’t want to be in the oil…

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