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Enerplus Lowering 2015 Capex, Raising 2014 Guidance

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Enerplus Lowering 2015 Capex, Raising 2014 Guidance

Enerplus Corporation has announced third quarter 2014 results.

Operational Highlights: Daily production averaged approximately 104,000 BOE, essentially unchanged from the second quarter. Crude oil and natural gas liquids production increased again in the third quarter to average 44,200 barrels per day, up 700 barrels over the second quarter. We continue to achieve strong performance from our Bakken/Three Forks properties in North Dakota with production increasing by approximately 1,600 BOE per day. Natural gas production was maintained quarter over quarter despite an average of 3,000 - 4,000 BOE per day of Marcellus production being temporarily curtailed due to pipeline maintenance and low natural gas prices in the region. As a result of strong performance year to date, and despite the…
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