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Denbury Resources Inc.

Company Summary

Description

Denbury Resources Inc., is an independent oil and natural gas company with 288.6 MMBOE of estimated proved oil and natural gas reserves as of December 31, 2015, of which 98% is oil. Denbury is unique among domestic oil and gas companies in that its primary corporate strategy and focus are aimed at developing significant stranded reserves of American oil from depleted reservoirs through CO2 EOR. Denbury's Gulf Coast properties are located in Mississippi, Texas, Louisiana and Alabama. In the Rocky Mountain region Denbury has fields situated in Montana, North Dakota and Wyoming.

Website

http://www.denbury.com/about-denbury/overview/defa...

Operational Regions

  • Rockies
  • Gulf Coast

Financial Data:

NYSE:DNR from Google Finance

Tickers:

  • DNR - New York Stock Exchange

Related Entities

Recent news

  • 11/4/2020 - Genesis Energy Selling... (subscriber access)
  • 9/4/2020 - Denbury's Bankruptcy... (subscriber access)
  • 8/3/2020 - Denbury Resources... (subscriber access)
  • 7/31/2020 - Denbury Officially... (subscriber access)
  • 7/29/2020 - Denbury Filing for... (subscriber access)

Investor Presentations

  • 3Q19 Investor Presentation
  • 2Q19 Investor Presentation (subscriber access)
  • 4Q18 Presentation (subscriber access)
  • 3Q18 Earnings Presentation (subscriber access)
  • Combination of Denbury & Penn Virginia Corporation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • J.P. Morgan March 2018 Global High Yield & Leveraged Finance Conference (subscriber access)
  • 3Q17 Earnings Presentation (subscriber access)
  • 2Q17 Earnings Presentation (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)
  • 4Q16 Earnings Presentation (subscriber access)
  • 3rd Quarter 2016 Earnings Presentation (subscriber access)
  • Enercom Presentation - August 2016 (subscriber access)
  • 2Q16 Earnings Presentation (subscriber access)
  • UBS Global Oil & Gas Conference - May 2016 (subscriber access)
  • 1Q16 Investor Presenation (subscriber access)
  • Capital One Securities 10th Annual Energy Conference (subscriber access)
  • Denbury Fourth Quarter & Full Year 2015 Results Presentation (subscriber access)
  • 21st Annual Credit Suisse Energy Summit (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

NOTES:
Genesis Energy has reached a deal with Denbury to sell back the Free State CO2 pipeline and they are also accelerating lease payments on the Northeast Jackson Dome Pipeline.
REGIONS:
  • Gulf Coast
  • Date: 3/15/2020
    Type: Acquisition

    DETAILS:

    COST: 50 $MM

    VOLUMES: 1.5 MBOE/d

    NOTES:
    Denbury has agreed to sell half of their nearly 100% working interest in four SE Texas oil fields that are located in Webster, Thompson, Manvel and East Hastings. The deal was done for $50 million in cash and a carried interest in 10 planned wells that Navitas will be drilling. Closing will occur March 2020.
    REGIONS:
  • South Texas
  • Gulf Coast
  • Date: 6/30/2017
    Type: Acquisition

    SELLERS:
  • Linn Energy, Inc
  • DETAILS:

    COST: 71.5 $MM

    VOLUMES: 2.1 M Bbls/d

    NOTES:
    Denbury Resources has entered into an agreement to acquire 23% non-operated working interest in Salt Creek Field in the Rockies region for $71.5 million.
    REGIONS:
  • Rockies