SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report of Foreign Issuer
pursuant to Rule 13-a-16 or 15d-16
of the Securities Exchange
Act of 1934
FOR THE MONTH
OF JUNE 2022
FORM 6-K
COMMISSION FILE NUMBER
1-15150
![LOGO](https://www.sec.gov/Archives/edgar/data/1126874/000127956922001030/enerpluslogo.jpg)
The Dome Tower
Suite
3000, 333 – 7th Avenue S.W.
Calgary, Alberta
Canada T2P 2Z1
(403) 298-2200
US
Bank Tower
Suite 2200, 950 – 17th Street
Denver, Colorado
United States of
America 80202-2805
(720) 279-5500
Indicate by check mark whether
the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if
the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Indicate by check mark
whether, by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the securities Exchange Act of 1934.
EXHIBIT
INDEX
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
ENERPLUS CORPORATION
BY: |
/s/ |
David A. McCoy |
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David A. McCoy |
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Vice President, General Counsel & Corporate Secretary |
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DATE: June 22, 2022
Exhibit 99.1
Enerplus Releases its 2022 ESG Report
CALGARY, AB, June 22, 2022 /CNW/ - Enerplus Corporation
("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced the release of its 2022 ESG report, which provides
an update on its environmental, social and governance ("ESG") initiatives. Enerplus continues to prioritize ESG focus areas
that have the greatest financial impact, or which are operationally important to the organization in reducing risk, enhancing long-term
business resilience and profitability, and supporting access to capital. Enerplus' board of directors continues to be actively engaged
in the Company's approach to managing ESG issues under a governance framework that provides clear oversight and accountability. The 2022
ESG report is available on Enerplus' website at www.enerplus.com.
Highlights of the 2022 ESG report are provided below.
HEALTH & SAFETY
- Achieved zero lost time injuries
in 2021 and a company record of 116 consecutive incident free days
- Meaningful progress on safety
initiatives with achievement of a two-year average lost time injury frequency reduction of 80%, compared to the 2019 baseline
GREENHOUSE GAS EMISSIONS MANAGEMENT
- Reduced methane emissions intensity
by 35% in 2021, compared to the 2019 baseline, through the deployment of air-driven pneumatic controllers and improved facility designs
- New mid-term and longer-term
methane emissions intensity reduction targets of 30% by 2025 and 50% by 2030, compared to a 2021 baseline
- Reduced scope 1 and 2 greenhouse
gas ("GHG") emissions intensity by 25% in 2021, compared to the 2019 baseline, through the Company's methane reduction initiatives,
the installation of vapor recovery units, and operational optimizations
- Rebased the 2030 scope 1 and
2 GHG emissions intensity reduction target to 2021 (from 2019) to reflect the impact of recent acquisitions. This has resulted in an
update to the Company's reduction target to 35% (from 50%), which represents a greater intensity reduction, equating to 21.5 KG/BOE by
2030, compared to 22.5 KG/BOE previously.
WATER MANAGEMENT
- Reduced freshwater use per well
completion in North Dakota by 31% in 2021, compared to the 2019 baseline, by recycling produced formation water in several well fracturing
operations, displacing the need for freshwater
- Continuing to work towards a
longer-term target of using 50% or greater of produced water per well completion corporately by 2025
In addition to the targets and initiatives highlighted
above, Enerplus has established goals and objectives across its other material ESG focus areas which are discussed in detail within the
report. The report also details emerging focus areas that have the potential to be material to the organization and other areas which
the Company continues to actively manage.
Enerplus' report has been prepared in accordance with
the SASB Oil & Gas – Exploration & Production Standard materiality map and the GRI Standards: Core option. The report has
also been prepared in alignment with the International Petroleum Industry Environmental Conservation Association's (IPIECA) Oil and Gas
industry guidance on voluntary sustainability reporting (a joint publication with the American Petroleum Institute and the International
Association of Oil & Gas Producers). Enerplus' second TCFD Aligned Reporting Table will be published in conjunction with this report.
Enerplus engaged an independent auditor to review select metrics within the report and received limited assurance for select environmental,
safety and production metrics one year ahead of its target.
About Enerplus
Enerplus is an independent North American oil and
gas exploration and production company focused on creating long-term value for its shareholders through a disciplined, returns-based capital
allocation strategy and a commitment to safe, responsible operations. For more information, visit the Company's website at www.enerplus.com.
Follow @EnerplusCorp on Twitter at https://twitter.com/EnerplusCorp.
NOTICE REGARDING INFORMATION CONTAINED IN THIS
NEWS RELEASE
This news release contains certain forward-looking
statements and forward-looking information (collectively referred to as "forward-looking information") within the meaning of
applicable securities legislation regarding current expectations, estimates and projections about the future, based on certain assumptions
made by Enerplus in light of its experience and perception of historical trends. Although Enerplus believes the expectations represented
by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers
are cautioned not to place undue reliance on forward-looking information as actual results may differ materially from those expressed
or implied. Forward-looking information in this document includes statements about pursuing and achieving targets, commitments and ambitions
for Enerplus' ESG focus areas and, in particular and without limiting the generality of the foregoing, Enerplus' current plans and 2030
GHG emissions intensity targets, including its 2025 and 2030 methane reduction targets, and its expectation regarding its 2025 target
for use of produced water in Enerplus' well completions, and Enerplus' ability to achieve its targets, goals and objectives.
The forward-looking information contained in this
press release reflects several material factors and expectations and assumptions of Enerplus including, without limitation: in respect
of Enerplus' emissions intensity reduction targets and its use of produced water in its wells completions; Enerplus' ability to conduct
its operations and achieve results of operations as anticipated, including in respect of effectiveness of its operational planning pertaining
to its flaring; the successful implementation of Enerplus' proposed or potential strategies and plans to reduce GHG emissions and freshwater
use; projected capital investment levels, the flexibility of Enerplus' capital spending plans and the associated source of funding; Enerplus'
ability to otherwise access and implement all technology necessary to achieve its current and future GHG and methane emissions and freshwater
usage reduction targets, the development and performance of technology and technological innovations and the future use and development
of technology and associated expected future results; current commodity price and cost assumptions; the general continuance of current
or, where applicable, assumed industry conditions; the continuation of assumed tax, royalty and regulatory regimes; Enerplus' ability
to otherwise access and implement all technology necessary to achieve its targets, commitments and initiatives, continuing collaboration
with certain regulatory and environmental groups; the accuracy of the estimates of Enerplus' reserves and resources volumes; the continued
availability of adequate debt and/or equity financing, cash flow and other sources to fund Enerplus' capital and operating requirements;
availability of third party services; and the extent of its liabilities.
The forward-looking information included in this
press release involves known and unknown risks, uncertainties and other factors including, without limitation: Enerplus' ability to develop,
access or implement some or all of the technology necessary to efficiently and effectively operate assets and achieve expected future
results, including in respect of GHG and methane emissions reduction targets and freshwater use reduction targets; the development and
execution of implementing strategies to meet Enerplus' targets; impediments generally to Enerplus' operations in respect of Enerplus meeting
its targets and commitments as they relate to its ESG focus areas; continued instability, or further deterioration, in global economic
and market environment, including from COVID-19, inflation and/or the Ukraine/Russia conflict and heightened geopolitical risks; changes,
including future decline, in commodity prices; changes in realized prices for Enerplus' products; changes in the demand for or supply
of Enerplus' products; unanticipated operating results, results from Enerplus' capital spending activities or production declines; changes
in tax or environmental laws, royalty rates or other regulatory matters; changes in development plans by Enerplus or by third party operators
of Enerplus' properties; increased debt levels or debt service requirements; changes in estimates of Enerplus' oil and gas reserves and
resources volumes; limited, unfavourable or a lack of access to capital markets; increased costs; a lack of adequate insurance coverage;
the impact of competitors; reliance on industry partners; failure to complete any anticipated acquisitions or divestitures; and certain
other risks detailed from time to time in Enerplus' public disclosure documents (including, without limitation, those risks identified
in the 2022 ESG Report, its most recent quarterly management's discussion and analysis and its annual information form, management's discussion
and analysis, and Form 40-F at December 31, 2021).
Readers are cautioned that the foregoing lists
are not exhaustive and are made as at the date hereof. Enerplus disclaims any intention or obligation to update or revise any forward-looking
statements in this press release as a result of new information or future events, except as may be required under applicable U.S. federal
securities laws or applicable Canadian securities legislation.
For further information, including financial and
operating results and the most recent corporate presentation, please visit www.enerplus.com or phone 1-800-319-6462. Shareholders may,
upon request, obtain a hard copy of Enerplus' complete audited financial statements free of charge.
SOURCE Enerplus Corporation
View original content: http://www.newswire.ca/en/releases/archive/June2022/22/c5639.html
%CIK: 0001126874
For further information: Investor Contacts, Drew Mair, 403-298-1707;
Krista Norlin, 403-298-4304
CO: Enerplus Corporation
CNW 18:00e 22-JUN-22
This regulatory filing also includes additional resources:
ex991.pdf
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