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Denbury Resources Inc. (NYSE: DNR) is a growing independent oil and
gas company. The Company is the largest oil and natural gas operator
in Mississippi, owns the largest reserves of CO2
used for tertiary oil recovery east of the Mississippi River, along
with operating acreage in the Barnett Shale play near
Fort Worth, Texas, and also holds properties in Southeast Texas. The
Company’s goal is to increase the value of acquired properties
through a combination of exploitation, drilling and proven
engineering extraction practices, with its most significant emphasis
relating to tertiary recovery operations.
Our corporate headquarters are in Plano, Texas (a suburb of Dallas).
At December 31, 2008, we had 797 employees,
493 of whom were employed in field operations or at the field
offices.
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As part of our corporate strategy,
we believe in the following fundamental principles:
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remain focused
in specific regions where we have a competitive advantage as a
result of our CO2 reserves and expanding
infrastructure, or where we believe we can ultimately obtain it;
-
acquire
properties where we believe additional value can be created
through tertiary recovery operations and a combination of other
exploitation, development, exploration and marketing techniques;
-
acquire
properties that give us a majority working interest and
operational control or where we believe we can ultimately obtain
it;
-
maximize the
value of our properties by increasing production and reserves
while controlling cost; and
-
maintain a
highly competitive team of experienced and incentivized
personnel.
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