Our Business

Operational Areas

Enterra maintains a diverse portfolio of operations in Alberta, Saskatchewan and British Columbia in Canada, and in Oklahoma in the United States. The majority of this production is mature and stable in nature, and provides predictable, well-defined product and cash flow streams. The management of these assets and the minimization of natural declines are part of our day to day activities.

In alignment with one of our key strategies, the Trust has focused on three core areas for reinvestment aimed at organic growth: North East British Columbia, Central Alberta and Oklahoma. In 2006, 45 gross wells (13.1 net wells) were drilled in these core areas with a 100% success rate. While the majority of these wells were drilled with no capital investment by the Trust, it is the new strategic direction of Enterra to finance and operate a substantial portion of its future exploitation effort in its core areas. These programs are described in the sections that follow.