Operational Updates
Denbury Provides Bakken Operational Update
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Denbury Resources Inc. (NYSE:DNR) today announced preliminary first quarter 2012 production and realized oil prices, which management will discuss in today's presentation at the Independent Petroleum Association of America's Oil & Gas Investment Symposium in New York. The full presentation, which includes detailed information on Denbury's estimated first quarter 2012 production, will be available starting today on the Company's website at www.denbury.com. Denbury's preliminary average first quarter 2012 production is estimated to be 71,532 barrels of oil equivalent per day ("BOE/d"), an 8% increase from the fourth quarter of 2011 levels after adjusting both periods for the 2012 property sales detailed below, with 93% of this production being oil.
First quarter production estimates…
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