Enerplus Resources Fund
CALGARY, Jan. 31 /CNW/ - Enerplus Resources Fund ("Enerplus") is pleased
to announce that a cash distribution in the amount of CDN$0.42 per unit will
be payable on February 20, 2007 to all Unitholders of record on February 10,
2007. The ex-distribution date for this payment is February 7, 2007.
The CDN$0.42 per unit is equivalent to approximately US$0.36 per unit if
converted using a Canadian/US dollar exchange ratio of 1.18. The US dollar
equivalent distribution will be based upon the actual Canadian/US exchange
rate applied on the payment date and will be net of any Canadian withholding
taxes that may apply.
Mr. Gordon J. Kerr, President & Chief Executive Officer of Enerplus is
pleased to announce the appointment of Mr. Lyonel G. Kawa to the position of
Vice President, Information Services.
Mr. Kawa brings over 15 years experience in the information technology
industry working for a variety of energy companies as well as entrepreneurial
software companies in various technical, system integration, and management
roles. He holds a Business Administration diploma from the Southern Alberta
Institute of Technology and a Commerce degree through Athabasca University. We
welcome Mr. Kawa to Enerplus and congratulate him on his appointment.
Gordon J. Kerr
President & Chief Executive Officer
Enerplus Resources Fund
Except for the historical and present factual information contained
herein, the matters set forth in this news release, including words such as
"expects", "projects", "plans" and similar expressions, are forward-looking
information that represents management of Enerplus' internal projections,
expectations or beliefs concerning, among other things, future operating
results and various components thereof or the economic performance of
Enerplus. The projections, estimates and beliefs contained in such forward-
looking statements necessarily involve known and unknown risks and
uncertainties, which may cause Enerplus' actual performance and financial
results in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other things, those
described in Enerplus' filings with the Canadian and U.S. securities
authorities. Accordingly, holders of Enerplus Trust Units and potential
investors are cautioned that events or circumstances could cause results to
differ materially from those predicted.
For further information:
For further information: Investor Relations at 1-800-319-6462 or e-mail
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http://www.newswire.ca and click on Tools for Investors.