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Home > Company Index > Energy > Oil & Gas Exploration & Production > Denbury Resources Inc.

Denbury Resources Inc.
NYSE: DNR
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 PROFILE
Denbury Resources has long since capped its oil and gas operations in its native Canada to try its luck in the Deep South. The independent exploration and production company has proved reserves of 87.4 million barrels of oil equivalent (81% is oil) and working interests in more than 500 oil and gas wells in Louisiana, Mississippi, and the Gulf of Mexico. In Mississippi the company also owns wells that produce carbon dioxide, which it uses to force oil out of the ground at nearby abandoned wells acquired from other companies. Denbury Resources has expanded into Texas and is seeking reserves on its acquisitions there and in Mississippi. Led by David Bonderman, buyout firm Texas Pacific Group controls 60% of Denbury.

 COMPETITION
The Meridian Resource Corporation (TMR)
Newfield Exploration Company (NFX)
Swift Energy Company (SFY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 179.40
1-Yr. Sales Growth: 119.9%
Employees: 242
Revenue per employee: $741,322.31

 KEY PEOPLE
• Gareth Roberts
    CEO
• Phil Rykhoek
    CFO

 CONTACT INFO
5100 Tennyson Pkwy., Ste. 3000
Plano, TX 75024
US
Phone: 972-673-2000
Fax: 972-673-2150
Online: Web Site

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