NYSE:DNR $ 17.47 +0.12 +0.69% Volume: 3,467,777 July 22, 2014

Quarterly Dividend

$0.0625/Share
6/24/2014
5/22/2014
5/27/2014
faqs

Frequently Asked Questions

Relating to Interest Ownership

Does Denbury offer Direct Deposit?

Denbury is pleased to announce that we now offer both online account access and a direct deposit payment option. Both services are being provided for your convenience at no extra cost to you. The online system will allow you to register for direct deposit, view and print your monthly payment detail, as well as sign up to have your check detail automatically emailed to you after your payments are processed. If you have not received a letter containing your login and password information, please contact PDS for registration assistance. 1.800.318.7850

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How do I sell my interest?

All changes of ownership must be filed of record in the County/Parish where the property is located. Laws of agency preclude us from providing forms for conveying real property interests. However, you may contact an attorney for counsel on what legal documentation is required.

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How do I change my mailing address?

Address changes must be submitted in writing. Please send, fax or email us the following information, please note we MUST have your signature. Include your Name, Owner Number, Old Address, New Address, and Signature. You may also fill out our Change of Address form.

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When will I get my check?

Royalty Checks are mailed on the 26th of the month, unless that day is a weekend or a holiday. In that case, payment will be mailed on the following business day.
*PLEASE ALLOW 15 BUSINESS DAYS FOR DELIVERY OF YOUR CHECK*

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How do I transfer my interest?

Interest can be transferred by Assignment, General Warranty Deed, Conveyance or Quit-Claim Deed. Denbury requires transfer documents to be recorded in the county in which the property is located. Please mail a copy of the recorded document to the contact address, Attn: Owner Relations.
Note: Originals will not be returned.

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What happens if the interest owner dies?

Transfers due to death vary by state. Please contact us directly and we will be happy to assist you.

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Change in Marital Status

Owners must notify Denbury of any marital status change in writing and provide a copy of their SSN card, driver’s license, marriage license, divorce decree or any legal document showing that the name has been legally changed.

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Royalty Payment Schedule

Royalty Checks are mailed on the 26th of the month, unless that day is a weekend or a holiday. In that case, payment will be mailed on the following business day.
*PLEASE ALLOW 15 BUSINESS DAYS FOR DELIVERY OF YOUR CHECK*

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Minimum Payment Policy

Payments will be made monthly to all owners with cumulative balances of $25 or more. Balances less than $25 will be released twice a year (typically in March and September) so that payment is made at least semi annually.

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Why does my monthly payment vary?

Check amounts may vary from month to month depending on production volumes, price of product, marketing arrangements, changes in tax laws, or any adjustments that may occur.

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Why does my payment differ from others in my family?

Many factors can impact your payment: non-resident tax laws, rounding, decimal of interest or owners may be set up with different check limits. For more information, please contact Denbury Owner Relations for further details.

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What is a Division Order?

A Division Order is the authorization for Denbury to sell your products (rather than you taking in kind and selling it yourself) and pay you your share of the proceeds based on the decimal shown in the Division Order.

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What happens if the interest owner dies?

Transfers due to death vary by state. Please contact us directly and we will be happy to assist you.

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Lost or Stolen Check

If your check is not received within 15 business days of the normal payment date, please contact Denbury Owner Relations to reissue the check. Funds will be reissued with your next check. Please understand that if you ask for a replacement check the original check will be immediately voided. This means that if the original check arrives on the next day you should NOT CASH it as this check will not be honored by Denbury.

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Check Detail Explanation

Please see the check detail example for more information on understanding your check.

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What is a W-9 form and where can I find one?

W-9 forms are required by federal law in order for Denbury to pay royalties to Interest Owners. Please click here to complete your W-9. Please note this document must have your signature to be valid, therefore you will need to print out, complete and either mail by post, scan and email or fax.

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What does Royalty Interest mean?

A Royalty Interest (RI) is ownership of a percentage of production or production revenues, produced from leased acreage. The owner of this share of production does not bear any of the cost of exploration, drilling, producing, operating, marketing or any other expense associated with drilling and producing an oil and gas well.

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What does Working Interest mean?

A Working Interest (WI) is a percentage of ownership in an oil and gas lease granting its owner the right to explore drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corresponding percentage of the cost of leasing, drilling, producing and operating a well or unit. After royalties are paid, the working interest also entitles its owner to share in production revenues with other working interest owners, based on the percentage of working interest owned.

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What does Mineral Interest mean?

A Mineral Interest (MI) is also known as an un-leased mineral interest and is a cost-bearing interest because the un-leased mineral interest owners are not sharing a portion of their production in exchange for the Operators covering all of the production costs associated with extracting the resources from the ground. So instead, the un-leased mineral interest owners are entitled to 100% of their production minus their proportionate share of the operating costs.

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What is a Net Profit Interest?

A Net Profit Interest (NPI) is a share of net proceeds from production paid solely from the working interest owners share. It is sometimes granted in lieu of a royalty interest.

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What is an Overriding Royalty Interest?

An Overriding Royalty Interest (OR) is a percentage share of production, or the value derived from production, which is free of all costs of drilling and producing, and is created by the lessee or working interest owner and paid by the lessee or working interest owner.

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Frequently Asked Questions

Relating to Direct Deposit

How do I cancel my Direct Deposit?

Login to your account online and select Cancel Direct Deposit. It may take up to 30 days to process cancellations.  After your cancellation is processed, you will begin receiving paper checks via USPS Mail.

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What if I do not enroll in direct deposit?

You will continue to receive a paper check via USPS Mail.

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Can I login to my account and view my check detail if I do not enroll in direct deposit?

Yes, you may login to your account online at any time and select “Check Detail” to view your statement(s).

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What if I do not have a check from my bank to send in with my direct deposit form?

You may request a letter from your bank.  Must be on bank letterhead listing the account name, account number and routing number.

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How long do I have to submit my forms after registering online for direct deposit?

Required forms must be received within 30 days after online registration.

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Where do I get a login name and password to enroll for direct deposit?

An enrollment letter containing your login name and password will be sent to the address on file.

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How long will it take to set up my direct deposit once I enroll online and submit the required forms?

The enrollment process may take up to 90 days.

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How do I change my existing direct deposit enrollment to a different bank and/or bank account?

Log in to your account online and select “Direct Deposit Request Form.” Complete form, print and return to Denbury with a copy of a voided check.

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How can I tell which bank account I currently have set up for direct deposit?

Log in to your account online and select “Owner Profile”. Your current bank information will be displayed under Current Interests near the bottom of the page.

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How do I select the option to have my check detail automatically emailed to me?

Log in to your account online and select ‘Owner Profile”.  Under Auto Send Options Tab select “Check Detail Data”. Select your preferred option.

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How do I change my password?

Log in to your account online and select “Owner Profile” then select “Change Password”.

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How do I update the email address linked to my account?

Log in to your account online and select “Owner Profile” then select “Update Email”.

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Can I have my payment split between two or more bank accounts?

No, not at this time.

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If my interest is held jointly, do all parties have to sign the direct deposit registration form?

Yes, if ownership is held jointly all parties are required to sign.

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Where do I find my 9 digit routing number (ABA) and bank account number?

The routing number and bank account number is found on the bottom line of the check.

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Can I change my mailing address online?

No, Address changes must be submitted in writing. Address Change forms may be found at www.denbury.com/owner-relations/forms.

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Can I access my 1099 online?

Not at this time, a 1099 will be mailed to the address on file via USPS mail.

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Who should I contact if I have questions regarding the website or for online assistance?

Contact PDS Energy Services at (800) 318-7850.

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Who should I contact if I have questions regarding my Check Detail?

Contact Denbury Owner Relations at 800-348-9030 or by email at ddrf@denbury.com.

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17.47 +0.12 +0.69% Volume: 3,467,777 07/22/14
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