Denbury Inc.

Denbury Resources Inc. today announced that Chris Kendall, President and Chief Executive Officer, will present at the Bank of America Merrill Lynch 2018 Global Energy Conference on Thursday, November 15, 2018, at 9:45 a.m. Eastern Time. An updated corporate presentation for the conference and a link to the live webcast of the presentation will be available in the investor relations section of the Company’s website [...]

Denbury Resources Inc. today announced net income of $78 million, or $0.17 per diluted share, for the third quarter of 2018. Adjusted net income was $59 million, or $0.13 per diluted share, with the difference from GAAP net income primarily due to the exclusion of $17 million of income from noncash fair value adjustments on commodity derivatives , with the GAAP and non-GAAP measures reconciled in tables beginning on page [...]

Denbury Resources Inc. will host a conference call to review and discuss third quarter 2018 financial and operating results on Thursday, November 8, 2018 at 10:00 A.M. . The Company plans to issue its financial and operating results prior to the market opening on the same day. Individuals who would like to participate should dial the applicable dial-in number listed below ten minutes before the scheduled start time. What [...]

Denbury Resources Inc. and Penn Virginia Corp. today announced that they have entered into a definitive merger agreement pursuant to which Denbury will acquire Penn Virginia in a transaction valued at approximately $1.7 billion, including the assumption of debt. The consideration to be paid to Penn Virginia shareholders will consist of 12.4 shares of Denbury common stock and $25.86 of cash for each share of Penn Virginia [...]

Denbury Resources Inc. today announced that Chris Kendall, President and Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 5, 2018, at 3:45 p.m. Eastern Time. An updated corporate presentation for the conference and a link to the live webcast of the presentation will be available in the investor relations section of the Company’s website at www.denbury.com [...]

Denbury Resources Inc. today announced the closing of its previously announced private offering of $450 million aggregate principal amount of 7½% Senior Secured Second Lien Notes due 2024 . The Company used the net proceeds from the Offering to repay all of its outstanding borrowings under its bank credit facility and to pay fees and expenses of the Offering, with the remaining proceeds to be used for general [...]

Denbury Resources Inc. today announced that Chris Kendall, President and Chief Executive Officer, will present at EnerCom’s The Oil & Gas Conference on Tuesday, August 21, 2018, at 10:30 a.m. Mountain Time. An updated corporate presentation for the conference and a link to the live webcast of the presentation will be available in the investor relations section of the Company’s website at www.denbury.com [...]

Denbury Resources Inc. today announced the pricing and upsizing to $450 million of its previously announced private offering of $400 million aggregate principal amount of Senior Secured Second Lien Notes due 2024 . The New Second Lien Notes will bear interest at a per annum rate of 7.5% and were sold at an issue price of 100%. The Offering is expected to close on August 21, 2018. The covenants and priority of the New [...]

Denbury Resources Inc. today announced the commencement of a private offering of $400 million aggregate principal amount of new Senior Secured Second Lien Notes due 2024 to Eligible Holders . The Offering is being made upon the terms and subject to the conditions set forth in a preliminary confidential offering memorandum. The covenants and priority of the New Second Lien Notes, along with the collateral securing the New [...]

Denbury Resources Inc. today announced that it has entered into a Sixth Amendment to its Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. and other bank lenders . As detailed below, certain provisions of the Amendment expanding the amount of junior lien debt the Company may incur became effective upon execution of the Amendment, and other provisions will become effective simultaneously with the closing [...]