UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

Specialized Disclosure Report

COMMISSION FILE NUMBER 1-15150

Graphic

The Dome Tower
Suite 3000, 333 - 7th Avenue S.W. Calgary, Alberta
Canada T2P 221
(403) 298-2200
and
US Bank Tower
Suite 2200, 950 - 17th Street Denver, Colorado
United States of America 80202-2805 (720) 279-5500

Caroline Ogston
(403)693-4953

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.

Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the reporting period from January 1 to December 31, 2023.


SECTION 1 - CONFLICT MINERALS DISCLOSURE

Item 1.02 Conflict Minerals Disclosure and Report

Not applicable.

Item 1.02 Exhibit

Not applicable.

SECTION 2 - RESOURCE EXTRACTION ISSUED DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

Enerplus Corporation (the “Company”) is subject to Canada’s Extractive Sector Transparency Measures Act (“ESTMA”). The Company is relying on the alternative reporting provision of ltem 2.01 and providing its ESTMA report for the year ended December 31, 2023 to satisfy the requirements of Item 2.01. The Company’s ESTMA report is available on the Company’s website at https://www.enerplus.com/wp-content/uploads/2024/05/ESTMA-Reporting-2023.pdf or on the Government of Canada’s website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

SECTION 3 - EXHIBITS

Item 3.01 Exhibits

The following exhibit is filed as part of this report:

EXHIBIT 2.01 - Extractive Sector Transparency Measures Act – report for the year ended December 31, 2023


SIGNATURES

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 duly authorized undersigned.

ENERPLUS CORPORATION

BY: 

/s/ David A. McCoy

Vice President, General Counsel & Corporate Secretary

DATE: May 30, 2024


Exhibit 2.01

Extractive Sector Transparency Measures Act - Annual Report

Graphic

Reporting Entity Name

Enerplus Corporation

Reporting Year

From

1/1/2023

To:

12/31/2023

Date submitted

05/27/2024

Reporting Entity ESTMA Identification Number

E753426

● Original Submission

○ Amended Report

 

 

 

 

Other Subsidiaries Included
(optional field)

 

 

 

 

For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

Enerplus Energy Ltd. (E350507), Enerplus Resources (USA) Corporation (E423963), Enerplus Resources U.S. Inc. (E565222), 3104613 Nova Scotia Ltd. (E971960)

 

 

 

Not Substituted

 

 

 

 

 

 

Attestation by Reporting Entity

 

 

 

 

 

 

 

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full Name of Director or Officer of Reporting Entity

Shaina Morihira

Date

5/1/2024

 

Position Title

Vice President, Finance

 


Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

 

 

 

 

Reporting Entity Name

Enerplus Corporation

Currency of the Report

CAD

 

Reporting Entity ESTMA Identification Number

E753426

 

 

Subsidiary Reporting Entities (if necessary)

Enerplus Energy Ltd. (E350507), Enerplus Resources (USA) Corporation (E423963), Enerplus Resources U.S. Inc. (E565222), 3104613 Nova Scotia Ltd. (E971960)

 

 

 

 

 

Payments by Payee

Country

Payee Name1

Departments, Agency, etc… within Payee that Received Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes34

Canada -Saskatchewan

Government of Saskatchewan

 

2,490,000

2,490,000

 

Canada -Alberta

Government of Alberta

 

340,000

860,000

750,000

1,950,000

Royalties paid in-kind total $201,646.68 and are valued at fair market value of the volumes taken-in-kind, based on Enerplus realized sales prices.

Canada -Alberta

Municipal District of Wainwright

 

660,000

660,000

 

Canada -Alberta

Camrose County

 

380,000

380,000

 

Canada -Alberta

Municipal District of Provost

 

210,000

210,000

 

Canada -Alberta

County of Vermilion River

 

210,000

210,000

 

Canada -British Columbia

Government of British Columbia

 

200,000

200,000

 

Canada -Saskatchewan

Leduc County

 

130,000

130,000

 

United States of America

Government of the United States of America

Office of Natural Resources Revenue

340,670,000

580,000

341,250,000

Collects, accounts for and verifies natural resource and energy revenues due to American tribes and the U.S. Federal Government

United States of America

State of North Dakota

 

195,760,000

6,610,000

930,000

203,300,000

 

United States of America

Government of the United States of America

Internal Revenue Service

40,510,000

40,510,000

 

United States of America

Commonwealth of Pennsylvania

 

460,000

6,130,000

6,590,000

 

United States of America

Fort Berthold Indian Reservation

 

6,360,000

6,360,000

 

United States of America

Weld County

 

2,660,000

2,660,000

 

United States of America

State of Montana

 

1,080,000

1,080,000

 

United States of America

State of Colorado

 

630,000

260,000

180,000

1,070,000

 

United States of America

City of Thornton

 

220,000

220,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional Notes:

(1) All payments are reported in Canadian dollars. Payments made in currencies other than Canadian dollars have been translated using a 12 month average exchange rate during the period. The rate used to translate U.S. dollar payments to Canadian dollars is 1.35

(2) Payments included in this report include gross payments made by Enerplus in its capacity as operator, which include payments made on behalf of joint venture partners.

(3) Payments made by other entities with which Enerplus has a joint venture arrangment are excluded from this Report, with the exception of certain payments made for Enerplus' non-operated assets where the operator is not subject to the act or a similar reporting framework. To the extent payments have been made on our behalf and not disclosed by our joint venture partners, Enerplus has included these payments based on the best information available.

1 Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

2 Optional field.

3 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

4 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.


Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

 

 

 

 

 

 

Reporting Entity Name

Enerplus Corporation

Currency of the Report

CAD

 

 

Reporting Entity ESTMA Identification Number

E753426

 

 

 

 

Subsidiary Reporting Entities (if necessary)

Enerplus Energy Ltd. (E350507), Enerplus Resources (USA) Corporation (E423963), Enerplus Resources U.S. Inc. (E565222), 3104613 Nova Scotia Ltd. (E971960)

 

 

 

 

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes23

Canada

OIL

340,000

2,960,000

40,000

3,340,000

 

Canada

GAS

1,590,000

390,000

910,000

2,890,000

Royalties paid in-kind total $201,646.68 and are valued at fair market value of the volumes taken-in-kind, based on Enerplus realized sales prices.

United States of America

WEST

239,560,000

347,760,000

9,130,000

596,450,000

Collects, accounts for and verifies natural resource and energy revenues due to American tribes and the U.S. Federal Government

United States of America

EAST

460,000

6,130,000

6,590,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional Notes3:

(1) All payments are reported in Canadian dollars. Payments made in currencies other than Canadian dollars have been translated using a 12 month average rate during the period. The rate used to translate U.S. dollar payments to Canadian dollars is 1.35

(2) Payments included in this report include gross payments made by Enerplus in its capacity as operator, which include payments made on behalf of joint venture partners.

(3) Payments made by other entities with which Enerplus has a joint venture agreement are excluded from this Report, with the exception of certain payments made for Enerplus' non-operated assets where the operator is not subject to the act or a similar reporting framework. To the extent payments have been made on our behalf and not disclosed by our joint venture partners, Enerplus has included these payments based on the best information available.

1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.


v3.24.1.1.u2
Document Information
12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001126874
Registrant Name Enerplus Corporation
Period End Date Dec. 31, 2023
Reporting Currency CAD
v3.24.1.1.u2
Payments, by Category - CAD ($)
$ in Thousands
Taxes
Royalties
Fees
Total Payments
Total $ 241,950 $ 357,240 $ 10,080 $ 609,270
v3.24.1.1.u2
Payments, by Project - 12 months ended Dec. 31, 2023 - CAD ($)
$ in Thousands
Taxes
Royalties
Fees
Total Payments
Total $ 241,950 $ 357,240 $ 10,080 $ 609,270
OIL        
Total 340 2,960 40 3,340
GAS        
Total 1,590 390 910 2,890
WEST        
Total 239,560 347,760 $ 9,130 596,450
EAST        
Total $ 460 $ 6,130   $ 6,590
v3.24.1.1.u2
Payments, by Government - 12 months ended Dec. 31, 2023 - CAD ($)
$ in Thousands
Taxes
Royalties
Fees
Total Payments
Total $ 241,950 $ 357,240 $ 10,080 $ 609,270
Canada | Government of Saskatchewan        
Total   2,490   2,490
Canada | Government of Alberta        
Total 340 860 750 1,950
Canada | Municipal District of Wainwright        
Total 660     660
Canada | Camrose County        
Total 380     380
Canada | Municipal District of Provost        
Total 210     210
Canada | County of Vermilion River        
Total 210     210
Canada | Government of British Columbia        
Total     200 200
Canada | Leduc County        
Total 130     130
United States of America | Government of the United States of America, Office of Natural Resources Revenue        
Total   340,670 580 341,250
United States of America | State of North Dakota        
Total 195,760 6,610 930 203,300
United States of America | Government of the United States of America, Internal Revenue Service        
Total 40,510     40,510
United States of America | Commonwealth of Pennsylvania        
Total 460 6,130   6,590
United States of America | Fort Berthold Indian Reservation        
Total     6,360 6,360
United States of America | Weld County        
Total 2,660     2,660
United States of America | State of Montana        
Total     1,080 1,080
United States of America | State of Colorado        
Total $ 630 260 $ 180 1,070
United States of America | City of Thornton        
Total   $ 220   $ 220
v3.24.1.1.u2
Payments, Details - 12 months ended Dec. 31, 2023 - CAD ($)
$ in Thousands
Amount
Type
Country
Subnat. Juris.
Govt.
Project
Resource
Ext. Method
#: 1                
$ 2,490 Royalties Canada snj:CA-SK Government of Saskatchewan   erf:ResourcesOilAndGasMember Well
#: 2                
340 Taxes Canada snj:CA-AB Government of Alberta OIL erf:ResourceOilMember Well
#: 3                
860 Royalties Canada snj:CA-AB Government of Alberta   erf:ResourcesOilAndGasMember Well
#: 4                
750 Fees Canada snj:CA-AB Government of Alberta   erf:ResourcesOilAndGasMember Well
#: 5                
660 Taxes Canada snj:CA-AB Municipal District of Wainwright GAS erf:ResourceGasMember Well
#: 6                
380 Taxes Canada snj:CA-AB Camrose County GAS erf:ResourceGasMember Well
#: 7                
210 Taxes Canada snj:CA-AB Municipal District of Provost GAS erf:ResourceGasMember Well
#: 8                
210 Taxes Canada snj:CA-AB County of Vermilion River GAS erf:ResourceGasMember Well
#: 9                
200 Fees Canada snj:CA-BC Government of British Columbia   erf:ResourcesOilAndGasMember Well
#: 10                
130 Taxes Canada snj:CA-SK Leduc County GAS erf:ResourceGasMember Well
#: 11                
340,670 Royalties United States of America   Government of the United States of America, Office of Natural Resources Revenue WEST erf:ResourcesOilAndGasMember Well
#: 12                
580 Fees United States of America   Government of the United States of America, Office of Natural Resources Revenue WEST erf:ResourcesOilAndGasMember Well
#: 13                
195,760 Taxes United States of America snj:US-ND State of North Dakota WEST erf:ResourcesOilAndGasMember Well
#: 14                
6,610 Royalties United States of America snj:US-ND State of North Dakota WEST erf:ResourcesOilAndGasMember Well
#: 15                
930 Fees United States of America snj:US-ND State of North Dakota WEST erf:ResourcesOilAndGasMember Well
#: 16                
40,510 Taxes United States of America   Government of the United States of America, Internal Revenue Service WEST erf:ResourcesOilAndGasMember Well
#: 17                
460 Taxes United States of America snj:US-PA Commonwealth of Pennsylvania EAST erf:ResourceNaturalGasMember Well
#: 18                
6,130 Royalties United States of America snj:US-PA Commonwealth of Pennsylvania EAST erf:ResourceNaturalGasMember Well
#: 19                
6,360 Fees United States of America snj:US-ND Fort Berthold Indian Reservation WEST erf:ResourcesOilAndGasMember Well
#: 20                
2,660 Taxes United States of America snj:US-CO Weld County WEST erf:ResourcesOilAndGasMember Well
#: 21                
1,080 Fees United States of America snj:US-MT State of Montana WEST erf:ResourcesOilAndGasMember Well
#: 22                
630 Taxes United States of America snj:US-CO State of Colorado WEST erf:ResourcesOilAndGasMember Well
#: 23                
260 Royalties United States of America snj:US-CO State of Colorado WEST erf:ResourcesOilAndGasMember Well
#: 24                
180 Fees United States of America snj:US-CO State of Colorado WEST erf:ResourcesOilAndGasMember Well
#: 25                
$ 220 Royalties United States of America snj:US-CO City of Thornton WEST erf:ResourcesOilAndGasMember Well

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