May 6 (Reuters) - Enerplus Corp ERF.TO :
* ENERPLUS ANNOUNCES FIRST QUARTER 2021 RESULTS; INCREASES AND TRANSITIONS TO A QUARTERLY DIVIDEND
* Q1 ADJUSTED EARNINGS PER SHARE C$0.23
* Q1 EARNINGS PER SHARE C$0.06
* EXPECT TO DELIVER A 20% TOTAL WELL COST REDUCTION IN NORTH DAKOTA IN 2021 COMPARED TO 2019
* NEW QUARTERLY DIVIDEND OF $0.033 PER SHARE, A 10% INCREASE FROM CURRENT MONTHLY DIVIDEND OF $0.01 PER SHARE
* PRODUCTION IN Q1 OF 2021 WAS 91,671 BOE PER DAY, A DECREASE OF 7%
* SEES 2021 CAPITAL SPENDING $360 TO $400 MILLION
* SEES 2021 AVERAGE ANNUAL PRODUCTION 111,000 TO 115,000 BOE/DAY
* QTRLY REVENUE ABOUT $219 MILLION VERSUS $359.5 MILLION