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68. RETAILTexasmarketingpresentationFINAL.pdf - Enerplus

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Managing the Balance Sheet<br />

Debt to Cash Flow Ratio<br />

2.5x<br />

2.0x<br />

1.5x<br />

1.0x<br />

0.5x<br />

0.0x<br />

1.0x<br />

2.0x<br />

Exit 2010 2012<br />

Potential Funding Sources<br />

• Equity portfolio interests with<br />

book value of ~$150 million<br />

• Laricina – 4.3 million shares<br />

• Non-core conventional and oil<br />

sands acreage<br />

• YTD sold non-cash generating<br />

interests for ~$60 million<br />

• Marcellus<br />

• Possibly reduce a portion of<br />

our interests<br />

13

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