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68. RETAILTexasmarketingpresentationFINAL.pdf - Enerplus

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Waterflood Reserves vs. Contingent Resource Upside<br />

90<br />

80<br />

70<br />

60<br />

Over 70% upside to P+P reserves<br />

60.5<br />

• 83.7 MMBOE P+P reserves<br />

• 45 booked drilling locations<br />

• No reserves booked associated<br />

with EOR pilots<br />

MMBOE<br />

50<br />

40<br />

83.7<br />

EOR<br />

34.3<br />

• 60.5 MMBOE of “best estimate”<br />

contingent resource assessed on a<br />

portion of our waterflood properties<br />

30<br />

20<br />

10<br />

0<br />

P+P Reserves<br />

Dec 31, 2010<br />

IOR<br />

26.2<br />

"Best Estimate"<br />

Contingent Resource<br />

• EOR contingent resource included<br />

only at 2 properties where projects<br />

underway<br />

• Further upside potential exists under<br />

both IOR and EOR scenarios<br />

25

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