Enerplus backs FY14 production guidance of 96K BOE-100K BOE per day The company expects to track towards the high end of the range due to the outperformance in the Marcellus. As a result, the company's natural gas weighting is expected to increase to 56% of total volumes.
Enerplus seeing encouraging signs in market with costs trending down Enerplus seeing encouraging signs in the market with a modest recovery in crude oil prices and costs continuing to trend down. Enerplus believes it is well positioned to achieve annual average production guidance range for the year. Enerplus had previously expected FY15 annual average daily production of 93K-100K Boepd. Supported by commodity hedging program and commitment to reducing costs and driving operational efficiencies, Enerplus expects to remain in a position of strength through 2015.