Denbury Resources Inc.

Public Company, Headquarters Location
5100 Tennyson Pkwy., Ste. 1200, Plano, TX 75024-7164, United States
(972)673-2000, (972)673-2150 fax, http://www.denbury.com

Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: Denbury Resources Inc. was originally incorporated in Canada in 1951. In 1992, the company acquired Denbury Management Inc. (DMI). Subsequent to the merger, the company sold all of its Canadian assets and began operating solely in the United States. In April 1999, the company was incorporated in Delaware and the wholly-owned subsidiary, DMI, was merged into Denbury Resources Inc. The company is publicly traded on the New York Stock Exchange. Headquartered in Plano, Texas, Denbury Resources engages in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast region of the United States, primarily in Mississippi, Louisiana, Texas and Alabama. The company acquired its first carbon dioxide tertiary flood in Mississippi in 1999, and has gradually increased its emphasis on these types of operations. At December 31, 2008, approximately 50 percent of the company's proved reserves are tertiary oil reserves. Denbury Resources has acquired several old oil fields with potential for tertiary recovery and plan to acquire additional fields, and the company is continuing to expand its carbon dioxide pipeline infrastructure. In addition, the company is pursuing anthropogenic (man-made) sources of carbon dioxide.Mining: Oil and natural gas company engaged in acquisition, development and exploration activities.