Breaking News

International Swaps & Derivatives Association Rules Argentina in Failure-to-Pay Credit Event
Tweet TWEET

Enerplus Announces Succession of President & CEO

CALGARY, March 21, 2013 /CNW/ - The Board of Directors of Enerplus Corporation 
("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that Mr. Gordon J. Kerr 
will be retiring as President & Chief Executive Officer ("CEO") effective June 
30, 2013. Mr. Ian C. Dundas, currently Executive Vice President & Chief 
Operating Officer, will succeed Mr. Kerr as President & Chief Executive 
Officer. Mr. Kerr will also be retiring as a Director of Enerplus on June 30, 
2013, and Mr. Dundas will assume a director role at that time. 
"Gord has been a central figure in Enerplus' success over our 27 year 
history," said Doug Martin, Chairman of the Board of Directors. "Under his 
leadership as CEO since 2001, Enerplus has grown into a $3.0 billion oil and 
gas company while distributing over $5 billion in dividends or distributions 
to our investors during this 12-year period. Today, Enerplus is well 
positioned with substantial assets in a number of North America's most 
sought-after plays. It has been a pleasure to work with Gord. He has made 
significant contributions to Enerplus, our industry and to the community. On 
behalf of the Board of Directors, I want to thank Gord for the energy, ideas, 
and direction provided over the years and wish him all the best in his 
retirement." 
"My time in leading Enerplus has been tremendously fulfilling" said Mr. Kerr. 
"I am proud of the company our team has built. We have outstanding assets and 
excellent people and Enerplus is well positioned for its next phase of 
profitable growth under Ian's talented guidance." 
Ian Dundas joined Enerplus in 2002. Over the past 10 years, he has led many of 
Enerplus' most significant and profitable transactions and has been a key 
contributor in defining the company's strategic direction. He has been 
responsible for the operations teams during Enerplus' transition from a 
leading energy trust to a dynamic exploration and production company. Mr. 
Martin commented, "Ian's participation in a broad range of functional 
leadership roles and increasing levels of executive responsibility give the 
Board confidence that he is the right choice to succeed Gord as President & 
CEO of this organization. I believe that Enerplus will be well served by Ian's 
appointment." 
Enerplus is a North American energy producer with a top tier asset base of 
low-decline oil and natural gas assets complemented by growth assets in 
resource plays with superior economics. We are focused on creating value for 
our investors through the successful development of our properties and the 
disciplined management of our balance sheet. 
Douglas Martin,
Chairman of the Board of Directors
Enerplus Corporation 
please contact Investor Relations at 1-800-319-6462 or 
e-mailinvestorrelations@enerplus.com. 
SOURCE: Enerplus Corporation 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/March2013/21/c7282.html 
CO: Enerplus Corporation
ST: Alberta
NI: OIL 2575 WNEWS  
-0- Mar/21/2013 22:44 GMT