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 2021
FORM 6-K
COMMISSION FILE NUMBER
1-15150
The Dome Tower
Suite
3000, 333 - 7th Avenue S.W.
Calgary, Alberta
Canada T2P 2Z1
(403) 298-2200
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 23, 2021
Exhibit 99.1
Enerplus Releases its 2021 ESG Report
CALGARY, AB, June 23, 2021 /CNW/ - Enerplus Corporation
("Enerplus", or the "Company") (TSX: ERF & NYSE: ERF) today announced the release of its 2021 ESG report, which
provides an update on the Company's progress relative to 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 2021 ESG report is available on Enerplus' website at www.enerplus.com.
Highlights of the 2021 ESG report are provided below.
HEALTH AND SAFETY
- Achieved the best safety performance in the Company's history
in 2020, improving lost time injury frequency ("LTIF") by 67% compared to 2019
- Continued focus on keeping employees safe with an ongoing goal
of collaborating with employees and peers on safety learnings and to reduce LTIF by 25%, on average, from 2020 to 2023, relative to 2019
GREENHOUSE GAS EMISSIONS MANAGEMENT (1)
- Reduced greenhouse gas ("GHG") emissions intensity by
24% in 2020 compared to 2019, through innovation and operational efficiencies
- Introduced a methane emissions intensity reduction target of 20%
by the end of 2022, relative to the 2019 baseline
- Continuing to evolve emission reduction strategies in pursuit
of the Company's 2030 GHG emissions intensity reduction target of 50%
(1) |
Enerplus' GHG emissions reduction targets address scope 1 and 2 emissions, relative to the 2019 baseline. |
WATER MANAGEMENT
- Reduced freshwater use per well completion in North Dakota by
23% in 2020 compared to 2019, by recycling produced formation water in several well fracturing operations, displacing the need for freshwater
- Targeting a 25% reduction in freshwater use per well completion
in 2021, on average compared to 2019, in the Company's Fort Berthold operations
- Continuing to target a 50% reduction in freshwater use per well
completion corporately by 2025, compared to the 2019 baseline
The Company's ESG performance continues to be integrated
into all aspects of its business, as evidenced by its Sustainability-Linked Credit Facility announced on April 29th, 2021. In addition
to this, Enerplus continues to establish goals and objectives across its ESG focus areas which are discussed in detail within the report.
Enerplus also expanded its ESG focus areas beyond those known to be "material" focus areas, incorporating "emerging"
issues, which have the potential to be material to the organization.
Enerplus' report continues to be prepared in accordance
with the Sustainability Accounting Standards Board (SASB), Global Reporting Initiatives (GRI) disclosure frameworks and the International
Petroleum Industry Environmental Conservation Association's (IPIECA) Oil and gas industry guidance on voluntary sustainability reporting.
The 2021 ESG report also includes additional disclosures in alignment with the Task Force on Climate-Related Financial Disclosures (TCFD)
recommended guidelines.
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.
Advisory Forward-Looking Information
This document 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 2022 methane reduction targets, Enerplus' expectation
regarding its 2021 and 2025 targets for reductions in freshwater use in Enerplus' well completion operations in North Dakota, and its
average 2020 to 2023 target regarding LTIF, 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 target and reduction in freshwater use in its North Dakota operations, 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, freshwater use reduction and health and safety 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; 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 2021 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, 2020).
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/June2021/23/c1034.html
%CIK: 0001126874
For further information: Investor Contacts, Drew Mair, 403-298-1707;
Krista Norlin, 403-298-4304
CO: Enerplus Corporation
CNW 06:00e 23-JUN-21
This regulatory filing also includes additional resources:
ex991.pdf
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