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SECURITY: ERF (Common)
EXCHANGE: TSX (ERF.UN) New York Stock Exchange CURRENCY: US
Dollar
Created in 1986, Enerplus
Resources Fund is North America's largest conventional oil and natural
gas income fund. Enerplus offers investors the benefits of owning a large,
diversified portfolio of income generating crude oil and natural gas properties
without the exploration risks commonly associated with traditional exploration
and production companies. As an experienced acquirer, operator and exploiter,
Enerplus invests in mature crude oil and natural gas producing properties
located primarily in western Canada with predictable production profiles,
long reserve life indices, high cash netbacks and opportunities for low
risk development. The cash flow from these properties is distributed to
Unitholders on a monthly basis, providing them with an investment within
the energy sector that has outperformed the TSX oil and gas producers index
over both the short and long-term.
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