Enerplus Q1 2023 Update

DJ BASIN Northern extension of Wattenberg field enerPLUS Enerplus holds -33,000 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 Continuing to advance project in 2023: 3 wells planned 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 27

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