Operator · Tuscaloosa Marine Shale (TMS)
Denbury Inc.
53 articles mentioning Denbury Inc. · Page 2 of 3
Denbury Gets Extension to Credit Facility
Denbury Resources has entered into a Sixth Amendment to its Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. and other bank lenders. Certain provisions of the Amendment expanding the amount of junior lien debt...
Denbury Sanctions Five Billion Barrel Rockies CO2 EOR Project
Denbury has sanctioned a CO2 EOR project at Cedar Creek Anticline (CCA). CCA is a massive geological feature stretching approximately 125 miles in length across parts of Montana, North Dakota and South Dakota. Denbury's portion of...
Denbury Unveils 2018 Capex, Guidance; Touts Successful Well Test
Denbury reported its 2018 outlook. Details: - 2018 Capex: $300-325 million (up +25% from $250 million spent in 2017) - 2018 Guidance: 60,000-64,000 BOEPD (up +3% from 2017 midpoint) Mission Canyon exploitation well Successful first Mission...
Denbury Sees Hampered Production Due to Harvey; Offset by Salt Creek Addition
Denbury reported its Q3 2017 results. Highlights include: Q3 Production: 60,328 BOEPD (up 1% from Q2 2017) - Denbury’s production for the current quarter was reduced by approximately 2,000 BOE/d due to Hurricane Harvey, while the...
Denbury Shuts In Houston-Area Production Due to Harvey
Denbury has reported that it has suspended operations and temporarily shut-in all production at its Houston area fields, representing net production of approximately 16,000 BOEPD.
Denbury Decreases Capex, Increases Full Year Guidance
Denbury has released their 2Q 17 financial and operational updates. Highlights include: Denbury's production averaged 59,774 BOE/d during the second quarter, with 97% oil.Capex decreased from $300 million to $250 million due to low prices. Full-year...
Denbury CEO to Retire; Kendall Tapped to Take Helm
Denbury Resources announced that Phil Rykhoek, the Company's Chief Executive Officer for the past eight years, will retire from that role on June 30, 2017...
Denbury to Spend 44% More in 2017; IDs Budget of $300 Million
Denbury Resources detailed its 2017 capital budget.
Denbury's Borrowing Base Reaffirmed at $1.05 Billion
Denbury Resources has reaffirmed the previously existing borrowing base of $1.05 billion, the same amount committed by the banks to loan under the Facility.
Denbury Resources Appoints New President
Denbury Resources announced that as part of its ongoing succession planning process, the Board of Directors has promoted Chris Kendall to President of the Company.
Denbury Stays Focus on Debt Reduction; Q2 Results
As a result of its pending Williston sale, Denbury now expects full-year 2016 production to range between...
Denbury to Pay Evolution Petroleum $27.5 Million; Delhi Field
Evolution Petroleum Corporation announced that it has reached a settlement with Denbury Resources Inc. The settlement resolves all outstanding disputes between the parties and provides a new foundation for continuing the successful development of the Delhi...
Denbury Focuses on Debt Reduction in 1Q; Repays $97MM
The Company estimated approximately 2,800 BOE/d of production was shut-in as of March 31, 2016 attributable to uneconomic wells.
Denbury's Borrowing Base Lowered, Hedging Added
Oil hedges in place through the second quarter of 2017.
Denbury Names New Chairman of the Board
This change is part of the Company’s succession planning process.
Denbury Announces Senior Note Exchange
The Exchange Offers will expire at 11:59 p.m., New York City time, on January 20, 2016.
Denbury Taps Noble Alum as New Chief Operating Officer
Denbury Resources Inc. announced the hiring of Chris Kendall as Chief Operating Officer.
Denbury Tags 2Q Production at 73,716 BOE/d
Denbury's full-year 2015 capital expenditure budget remains unchanged from the previously disclosed amount of $550 million.
Denbury Suspends Dividend Increase
declared a quarterly cash dividend of $0.0625 per common share, a rate of $0.25 per share.
Denbury Resources Ups Credit Facility to $3.5 Billion
The Company elected to maintain the aggregate lender commitments at $1.6 billion to be consistent with the Company's prior facility.