DBRS Discontinues Stability Ratings of Baytex Energy, Bonavista, Enerplus, Canadian Oil Sands, Enbridge Income Fund and Fort Chicago

DBRS has today discontinued the stability ratings of Baytex Energy Trust, Bonavista Energy Trust, Enerplus Resources Fund, Canadian Oil Sands Trust and Fort Chicago Energy Partners, L.P. (collectively the Trusts), pursuant to each Trust’s proposed conversion to a corporation by January 1, 2011, under the respective Plans of Arrangement that were recently approved. On conversion, the related surviving corporate entities will continue with the business previously carried on by the respective Trusts, and will be renamed Baytex Energy Corp., Bonavista Energy Corporation, Enerplus Corporation, Canadian Oil Sands Limited and Veresen Inc. (formerly Fort Chicago Energy Partners, L.P.), respectively. DBRS has today also discontinued the stability rating of Enbridge Income Fund, which was reorganized into corporate form on December 17, 2010 under the name of Enbridge Income Fund Holdings Inc.

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The applicable methodology is Rating Income Funds, which can be found on our website under Methodologies.