Enerplus Core Drilling and Production Overview
BAKKEN EXTENDED CORE DRILLING INVENTORY
Murphy Creek
Expected average well performance (1)
Payout period at $60, $80, $100 per barrel WTI
Inventory Distribution
Net future drilling locations
enerPLUS
50
50
Cumulative oil production (mbbls)
150
300
WTI NPV10 $MM
$100
$11
250
$80
$6
$60 $2
Mountrail
Williams
670
EXTENDED
$60
CORE
WTI
-110
locations
MURPHY
CREEK
200
McKenzie
$80
WTI
Murphy
Creek
150
$100
WTI
Dunn
Billings
100
CORE
-560
locations
Development plan
-5-6 wells per 1,280 ft. spacing unit
O 2
4
6 8
10
$50 WTI breakeven well
Payout: 10 months
at $80 WTI
12 14 16 18 20 22 24
Month
Enerplus well
$60 WTI breakeven well
1) See "Expected well performance" in "Advisories". Well economics at $80 & $100 WTI assume a total well cost of $6.5mm. Well economics at $60 WTI assume a total well cost of $6.0mm.
MB
TF 1
TF 2
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