Enerplus Core Drilling and Production Overview

EMERGING OPPORTUNITY - DJ BASIN Northern extension of Wattenberg field enerPLUS -34,700 net acres in NW Weld County - Low entry price achieved through leasing and farm-in activity Significant oil in place through all Niobrara benches and Codell Well results compare favorably to core DJ oil rates ■ Focused on enhancing well economics through further drilling & completion optimization WYOMING COLORADO WELD DJ BASIN 2017/2018 - 5 wells online (4 Codell, 1 Niobrara) 2019 5 wells online (4 Codell, 1 Niobrara) 2020 2 wells online (2 Codell) 2021 3 wells online (3 Codell) DENVER OIL WINDOW ADAMS MORGAN 26

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