Denbury Resources
 | |
| Public | |
| Traded as | NYSE: DNR |
| Headquarters | Plano, Texas, United States |
| Website |
denbury |
Denbury Resources Inc. (NYSE: DNR) is an independent oil and gas exploration and production company, headquartered in Plano, Texas.
The company has 468.3 MMBOE of estimated proved oil and natural gas reserves as of December 31, 2013, of which 83% was oil. The company has a unique position in that its primary focus is on enhanced oil recovery utilizing carbon dioxide (tertiary recovery), with operations focused in the Gulf Coast and Rocky Mountain regions. Denbury's goal is to increase the value of its properties and their petroleum extraction rate through a combination of exploitation, drilling and proven engineering practices.
The company was founded in 1990, and began trading on New York Stock Exchange in May 1997. The company pays a quarterly dividend. Corporate headquarters are located at 5320 Legacy Drive, Plano, Texas 75024. At December 31, 2013, the company had 1,501 employees, 807 of whom were employed in field operations or at field offices.