Following this transaction, Enerplus has retained approximately 110,000 net acres of Marcellus land comprised of 45,000 net acres with an average 20% non-operated working interest in the prolific northeast area of Pennsylvania in Bradford, Susquehanna, Lycoming, Columbia, Tioga, Wyoming and Sullivan counties and 65,000 net acres with an average 90% operated working interest in Clinton County, Pennsylvania, Garrett County, Maryland and Preston County, West Virginia. The leases have been evaluated by an independent third party and determined to contain a best estimate of 2.3 Tcfe of natural gas contingent resource and 92 Bcfe of proved plus probable natural gas reserves as of December 31, 2010.
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