Teignbridge

Denbury Announces Executive Leadership Appointment for Denbury Carbon Solutions Team

Retrieved on: 
Monday, April 26, 2021

Mr. Wood will head the Denbury Carbon Solutions team and report directly to Denbury Chief Executive Officer, Chris Kendall.

Key Points: 
  • Mr. Wood will head the Denbury Carbon Solutions team and report directly to Denbury Chief Executive Officer, Chris Kendall.
  • The Denbury Carbon Solutions team was formed in January 2020 to advance Denbury\xe2\x80\x99s leadership in the anticipated high-growth CCUS industry, leveraging the Company\xe2\x80\x99s unique capabilities and assets that were developed over the last 20-plus years through its focus on CO2 Enhanced Oil Recovery (EOR).\nMr.
  • Kendall, commented, \xe2\x80\x9cAfter an extensive search encompassing an extremely high-quality group of both internal and external candidates for the leadership of the Denbury Carbon Solutions team, I\xe2\x80\x99m thrilled to announce our selection of Nik Wood.
  • Nik has been a high impact, value-creating leader over many years for Denbury, most recently leading our Rocky Mountain Business Unit.

Denbury Names Brad Whitmarsh Executive Director, Investor Relations

Retrieved on: 
Tuesday, March 23, 2021

PLANO, Texas, March 23, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that Brad Whitmarsh has joined Denbury as Executive Director, Investor Relations.

Key Points: 
  • PLANO, Texas, March 23, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that Brad Whitmarsh has joined Denbury as Executive Director, Investor Relations.
  • Mr. Whitmarsh has worked in the oil and gas industry for over 20 years and brings significant investor relations experience to Denbury.
  • Most recently, Mr. Whitmarsh served as Vice President, Investor Relations for Noble Energy, Inc., from 2013 until its acquisition by Chevron Corporation in 2020.
  • Mr. Whitmarsh commented, I am excited to be a part of Denbury and look forward to leading the Companys Investor Relations efforts.

Denbury Announces Appointment of Cindy Yeilding to Board of Directors

Retrieved on: 
Tuesday, March 16, 2021

PLANO, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced the appointment of Cindy A. Yeilding to its Board of Directors (Board) effective March 16, 2021.

Key Points: 
  • PLANO, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced the appointment of Cindy A. Yeilding to its Board of Directors (Board) effective March 16, 2021.
  • Following Ms. Yeildings appointment, the Board will be comprised of eight directors, seven of whom are independent.
  • We are thrilled to have Cindy join the Denbury Board, said Dr. Kevin O. Meyers, Chairman of the Board.
  • Ms. Yeilding currently serves as the Board Chair for the Offshore Technology Conference and serves on the board of the Center for Houstons Future Board of Directors.

Denbury to Present at Credit Suisse 26th Annual Energy Summit

Retrieved on: 
Friday, February 26, 2021

PLANO, Texas, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, and other members of senior management are scheduled to present in a virtual fireside chat at the Credit Suisse 26th Annual Energy Summit on Monday, March 1, 2021, at 3:20 p.m. Eastern Time.

Key Points: 
  • PLANO, Texas, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, and other members of senior management are scheduled to present in a virtual fireside chat at the Credit Suisse 26th Annual Energy Summit on Monday, March 1, 2021, at 3:20 p.m. Eastern Time.
  • Mr. Kendall and other members of senior management will also participate in virtual meetings with institutional investors.
  • Denbury is an independent energy company with operations focused on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383

Denbury Reacquires the NEJD and Free State CO2 Pipelines

Retrieved on: 
Wednesday, November 4, 2020

Denbury historically recorded the NEJD and Free State pipeline financing arrangements as debt on its balance sheet, which totaled approximately $116 million prior to the application of fresh start accounting on September 18, 2020, as part of Denburys exit from bankruptcy.

Key Points: 
  • Denbury historically recorded the NEJD and Free State pipeline financing arrangements as debt on its balance sheet, which totaled approximately $116 million prior to the application of fresh start accounting on September 18, 2020, as part of Denburys exit from bankruptcy.
  • In May 2008, Denbury sold the Free State Pipeline to Genesis for $75 million and entered into a 20-year transportation services agreement with Genesis.
  • On October 30, 2020, Denbury paid $22.5 million to reacquire the Free State Pipeline from Genesis.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383

Denbury Successfully Completes Financial Restructuring

Retrieved on: 
Friday, September 18, 2020

PLANO, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11.

Key Points: 
  • PLANO, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11.
  • Having quickly and efficiently completed our restructuring process, Denbury is now a stronger company with the financial flexibility to continue building on our unique CO2 EOR focused strategy for many years to come.
  • I would also like to thank our creditors for their confidence in Denbury, which enabled us to quickly and efficiently complete this financial restructuring process.
  • Kirkland & Ellis LLP is acting as legal counsel to Denbury, Evercore Inc. is acting as financial advisor and Alvarez & Marsal is serving as restructuring advisor.

Denbury Resources Responds to Fraudulent Press Release

Retrieved on: 
Monday, July 20, 2020

PLANO, Texas, July 20, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today confirmed that a press release issued earlier today regarding a purported acquisition proposal for Denbury was fraudulent and not issued by the Company.

Key Points: 
  • PLANO, Texas, July 20, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today confirmed that a press release issued earlier today regarding a purported acquisition proposal for Denbury was fraudulent and not issued by the Company.
  • The Company has received no such proposal and has reported the fraudulent activity to the New York Stock Exchange.
  • Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383

Denbury Resources Closes Farm-Down of 50% of Its Working Interest in Four Texas Conventional Oil Fields

Retrieved on: 
Thursday, March 5, 2020

Estimated net cash to Denbury from the sale is approximately $40 million after adjusting for interim cash flow from the properties between the January 1, 2019 effective date and the closing date.

Key Points: 
  • Estimated net cash to Denbury from the sale is approximately $40 million after adjusting for interim cash flow from the properties between the January 1, 2019 effective date and the closing date.
  • Production associated with the working interests sold averaged 1,170 barrels of oil equivalent per day for the fourth quarter of 2019, and proved reserves associated with the working interests sold were approximately 4.1 million barrels of oil as of December 31, 2019.
  • Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383

Denbury Resources to Present at Credit Suisse 25th Annual Energy Summit

Retrieved on: 
Thursday, February 27, 2020

PLANO, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, is scheduled to present at the Credit Suisse 25th Annual Energy Summit on Monday, March 2, 2020, at 9:50 a.m. Mountain Time.

Key Points: 
  • PLANO, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, is scheduled to present at the Credit Suisse 25th Annual Energy Summit on Monday, March 2, 2020, at 9:50 a.m. Mountain Time.
  • Mr. Kendall and other members of senior management will also meet with institutional investors.
  • Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383

Denbury Resources to Present at Barclays CEO Energy-Power Conference

Retrieved on: 
Thursday, August 29, 2019

PLANO, Texas, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York City on Wednesday, September 4, 2019, at 11:45 a.m. Eastern Time.

Key Points: 
  • PLANO, Texas, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced that Chris Kendall, President and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York City on Wednesday, September 4, 2019, at 11:45 a.m. Eastern Time.
  • Mr. Kendall and other members of senior management will also meet with institutional investors.
  • Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.
  • DENBURY CONTACTS: Mark C. Allen, Executive Vice President and Chief Financial Officer, 972.673.2000 John Mayer, Director of Investor Relations, 972.673.2383