U.S. Securities and Exchange Commission Washington, D.C. 20549  Form 40-F  [Check one]o
  REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE
  SECURITIES EXCHANGE ACT OF 1934ORý
  ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended.............December 31, 2002
  Commission File Number .............1-15150ENERPLUS RESOURCES FUND(Exact name
  of Registrant as specified in its charter)N/A(Translation
  of Registrants name into English (if applicable))Alberta, Canada(Province or
  other jurisdiction of incorporation or organization)1311(Primary
  Standard Industrial Classification Code Number (if applicable))N/A(I.R.S.
  Employer Identification Number (if applicable))The Dome Tower, 3000, 333 - 7th Avenue S.W., Calgary,
  Alberta T2P 2Z1Telephone Number  (403) 298  2200(Address and
  telephone number of Registrants principal executive offices)CT Corporation System
  111 Eighth Avenue, 13th Floor
  New York, New York 10011
  (212) 894-8940(Name,
  address (including zip code) and telephone number (including area code) of agent for
  service in the United States)Securities
  registered or to be registered pursuant to Section 12(b) of the Act:Title of each class:
  
  Name of each exchange on which registered:Trust Units
  Toronto
  Stock ExchangeThe New York Stock ExchangeSecurities
  registered or to be registered pursuant to Section 12(g) of the Act:  NoneSecurities
  for which there is a reporting obligation pursuant to Section 15(d) of the
  Act:  Trust UnitsFor annual
  reports, indicate by check mark the information filed with this Form:ý Annual information form
  ý  Audited annual financial
  statementsIndicate the
  number of outstanding shares of each of the issuers classes of capital or
  common stock as of the close of the period covered by the annual report.88,898,044
  Trust Units  Indicate by check mark whether the Registrant by
filing the information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934 (the Exchange Act). 
If Yes is marked, indicate the filing number assigned to the
Registrant in connection with such Rule.  Yeso
  Noý
  Indicate by check mark whether the Registrant (1) has
filed all reports required to be filed by Section 13 or 15(d) of the Exchange
Act during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports) and (2) has been subject to such
filing requirements for the past 90 days.  Yesý
  Noo
 
  
   INCORPORATION BY REFERENCE  The Exhibits
to this report as set forth in the Exhibit Index are incorporated by reference
herein.  CONTROLS AND PROCEDURES  A.Evaluation of Disclosure Controls and Procedures  The
term disclosure controls and procedures is defined in Rules 13a-14(c) and
15d-14(c) of the Securities Exchange Act of 1934, as amended (the Exchange
Act).  These rules refer to the controls
and other procedures of a company that are designed to ensure that information
required to be disclosed by a company in the reports that it files under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the Securities and Exchange Commissions rules and
forms.  Furthermore, we have designed
our disclosure controls and procedures to ensure that information that we are
required to disclosure in our report is accumulated and communicated to
management (including our Chief Executive Officer and Chief Financial Officer)
in a manner that permits timely decisions to be made regarding required
disclosure.  Our
Chief Executive Officer and our Chief Financial Officer have evaluated the
effectiveness of our disclosure controls and procedures as of a date within 90
days prior to the date of the filing of this annual report, and they have
concluded that such disclosure controls and procedures were effective at
ensuring that they were alerted in a timely manner as to all material
information that we are required to include in our reports with the Securities
and Exchange Commission.  B.Changes in Internal Controls  We
maintain a system of internal accounting controls that is designed to provide
reasonable assurance that our books and records accurately reflect our
transactions and that our established policies and procedures are
followed.  Since the date of the
evaluation of our disclosure controls and procedures by our Chief Executive
Officer and Chief Financial Officer, there have been no significant changes to
our internal controls or in other factors that could significantly affect our
internal controls subsequent to the date of the most recent evaluation.  UNDERTAKING AND CONSENT TO SERVICE OF PROCESS  A.Undertaking  The
Registrant undertakes to make available, in person or by telephone,
representatives to respond to inquiries made by the Commission staff, and to
furnish promptly, when requested to do so by the Commission staff, information
relating to: the securities registered pursuant to Form 40-F; the securities in
relation to which the obligation to file an annual report on Form 40-F arises;
or transactions in said securities.  B.Consent to Service of Process  1.The Registrant previously filed with the Commission a Form F-X in
connection with the class of securities in relation to which the obligation to
file this report arises.  2.Any change to the name or address of the Registrants agent for
service shall be communicated promptly to the Commission by amendment to Form
F-X referencing the file number of the Registrant.  2 
   SIGNATURES  Pursuant
to the requirements of the Exchange Act, the Registrant certifies that it meets
all of the requirements for filing on Form 40-F and has duly caused this annual
report to be signed on its behalf by the undersigned, thereto duly authorized.  ENERPLUS
  RESOURCES FUNDBy EnerMark
  Inc.By:
  /s/ GORDON
  J. KERRGordon J.
  Kerr
  President and Chief Executive OfficerDate: May
  16, 2003  3 
   CERTIFICATION  I, Gordon J.
Kerr, certify that:  1.I have reviewed this annual report on Form 40-F of Enerplus
Resources Fund;  2.Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by this
annual report;  3.Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this annual report;  4.The Registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and have:  (a)designed
such disclosure controls and procedures to ensure that material information
relating to the Registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during the period in
which this annual report is being prepared;  (b)evaluated
the effectiveness of the Registrants disclosure controls and procedures as of
a date within 90 days prior to the filing date of this annual report (the
Evaluation Date); and  (c)presented
in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;  5.The Registrants other certifying officers and I have disclosed,
based on our most recent evaluation, to the Registrants auditors and the audit
committee of Registrants board of directors (and persons performing the
equivalent function):  (a)all
significant deficiencies in the design or operation of internal controls which
could adversely affect the Registrants ability to record, process, summarize
and report financial data and have identified for the Registrants auditors any
material weakness in internal controls; and  (b)any
fraud, whether or not material, that involves management or other employees who
have a significant role in the Registrants internal controls; and  6.The Registrants other certifying officers and  I have indicated in this annual report
whether there were significant changes in internal controls in or other factors
that could significantly affect internal controls subsequent to the date of our
most recent evaluation, including any corrective actions with respect to
significant deficiencies and material weakness.  /s/ GORDON
  J. KERRGordon J.
  Kerr
  President and Chief Executive Officer
  of EnerMark Inc.Date: May
  16, 2003  4 
   CERTIFICATION  I, Robert J.
Waters, certify that:  1.I have reviewed this annual report on Form 40-F of Enerplus
Resources Fund;  2.Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by this
annual report;  3.Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this annual report;  4.The Registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and have:  (a)designed
such disclosure controls and procedures to ensure that material information
relating to the Registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during the period in
which this annual report is being prepared;  (b)evaluated
the effectiveness of the Registrants disclosure controls and procedures as of
a date within 90 days prior to the filing date of this annual report (the Evaluation
Date); and  (c)presented
in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;  5.The Registrants other certifying officers and I have disclosed,
based on our most recent evaluation, to the Registrants auditors and the audit
committee of Registrants board of directors (and persons performing the
equivalent function):  (a)all
significant deficiencies in the design or operation of internal controls which
could adversely affect the Registrants ability to record, process, summarize
and report financial data and have identified for the Registrants auditors any
material weakness in internal controls; and  (b)any
fraud, whether or not material, that involves management or other employees who
have a significant role in the Registrants internal controls; and  6.The Registrants other certifying officers and  I have indicated in this annual report
whether there were significant changes in internal controls in or other factors
that could significantly affect internal controls subsequent to the date of our
most recent evaluation, including any corrective actions with respect to
significant deficiencies and material weakness.  /s/ ROBERT
  J. WATERSRobert J.
  Waters
  Senior Vice President and
  Chief Financial Officer of EnerMark Inc.Date: May
  16, 2003  5 
   EXHIBIT INDEX  1.Renewal Annual Information Form for the year ended December 31, 2002
dated May 16, 2003.  2.Managements Discussion and Analysis (included on pages 41-58 of
Enerplus Resources Funds 2002 Annual Report, which section of the 2002 Annual
Report is incorporated by reference to Exhibit 1 to the Report of Foreign
Issuer on Form 6-K filed with the Commission on March 21, 2003).  3.Audited annual consolidated financial statements for the year ended
December 31, 2002, including differences between Canadian and United States
Generally Accepted Accounting Principles (included on pages 59-86 of Enerplus
Resources Funds 2002 Annual Report, which section of the 2002 Annual Report is
incorporated by reference to Exhibit 1 to the Report of Foreign Issuer on Form
6-K filed with the Commission on March 21, 2003).  4.Consent of Deloitte & Touche LLP.  5.Consent of Sproule Associates Limited.  6.Certification of Gordon J. Kerr pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  7.Certification of Robert J. Waters pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  6