Year-over-year quarterly sales growth most recently was -17.2%. Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage ("CCUS") and Enhanced Oil Recovery ("EOR") in the Gulf Coast and Rocky. Denburys Board of Directors is responsible for establishing corporate guidelines and providing leadership in the overall performance and direction of the Company. We are good Our joint venture with Lapis provides access to an ideal site that is extremely well positioned in a high-emissions area along the Mississippi River between Donaldsonville and New Orleans, and we are excited to work with the Lapis team. This interest type is generally created when the leasehold, or working interest, is transferred through a 24/7 Operating Agreement to a second party, with the first party reserving a percentage of revenue from the sale of production, less expenses. Carbon Capture, Utilization, and Storage (CCUS). Denbury Inc does not currently pay a dividend. Denbury employees make a differenceand they are supported by excellent benefits and a culture that values diversity, equity and inclusion. In June 2023, Denbury was informed by the Environmental Protection Agency (EPA) that it had deemed the Companys Class VI storage permits (up to 6 CO2 injection wells) over the Leo site in Mississippi technically complete. OWNER RELATIONS Our Company We turn carbon into clean energy. These adjustments become necessary for various reasons such as: we were originally provided incorrect production figures (volumes) or pricing from the transporter or gatherer of production and a correction is required; production may be allocated incorrectly and must be corrected; or a tax rate may have changed. The location of this Mississippi site, directly adjacent to our existing pipeline network, provides for a very efficient development and increases the overall flexibility and capacity of our operations. All rights reserved. For more than two decades, the Company has maintained a unique strategic focus on the utilization of CO2 in its EOR operations, and since 2012 it has been active in CCUS through the injection and repurposing of captured CO2 emissions. Denbury Resources Inc. Balances less than $50 will be released once a year, typically in the Spring. million tons of captured industrial-sourced CO2 annually, and producing approximately 47, 500 barrels Denburys operations include oil and gas production, CO2 pipeline networks, and innovative carbon solutions. Allen, Sr. VP and Chief Financial Officer, 972-673-2000www.denbury.com, End-of-day quote The site is located directly adjacent to Denburys NEJD Pipeline in Mississippi, approximately 35 miles south of the companys Jackson Dome field. Tranche Update on Denbury Inc.'s Equity Buyback Plan announced on May 5, 2022. Our strategically located assets, extensive experience managing CO 2, and expertise in enhanced oil recovery (EOR) are unique competitive advantages for Denbury, positioning us to lead in the carbon capture, use, and storage (CCUS) industry. Denbury works to create long-term, sustainable value for shareholders with a measured and returns-focused approach. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Many factors can impact your payment: non-resident tax laws, rounding, decimal of interest or owners may be set up with different check limits. 2016. Changes will be made upon our receipt of the required documentation. Our environmental, social and governance policies reflect our commitment to responsibly meet the worlds energy needs. These statements are based on engineering, geological, financial and operating assumptions that Denbury believes are reasonable based on currently available information; however, their achievement are subject to a wide range of business risks, and there is no assurance that these goals and projections can or will be met. Denbury Resources Inc. : Denbury Appoints Executive Director of Investor Relations, Lapis Energy and Denbury Form JV to Develop CO2 Sequestration Project in SE Louisiana, Denbury, Lapis Energy Form Joint Venture to Develop Carbon Dioxide Sequestration Project in Louisiana, Denbury Expands Leading CO2 Sequestration Portfolio with Two New Sites in Louisiana, Lapis Energy, LP and Denbury Inc. Form JV to Develop CO2 Sequestration Project in SE Louisiana, Denbury Inc.(NYSE:DEN) added to Russell 2000 Growth-Defensive Index, Denbury Inc.(NYSE:DEN) added to Russell 2000 Defensive Index. The joint venture partners believe that the site has the potential to store at least 200 million metric tons of CO2 and, due to its close proximity to industrial facilities, has the potential to become an ideal sequestration site. These documents must be recorded in the county/parish and state where the minerals reside and mailed to: Denbury Inc.Attn: Owner RelationsP.O. stewards of our investors trust and work to enhance shareholder value with a measured and returns-focused Furnish a copy of the legal document showing the change (Certificate of Name Change with verification of tax ID to be used or Certificate of Merger with verification of tax ID to be used). Beth Palmer, 972.673.2554, beth.palmer@denbury.com, Denbury Expands Leading CO2 Sequestration Portfolio with Two New Sites in Louisiana. Denbury Inc. is an independent energy company. This percentage of revenue is referred to as the royalty interest. This interest is not subject to any of the costs related to the development, drilling, operations or maintenance of the well. We look forward to working with Mitsubishi on this project, which represents a significant step in the creation of substantial value through our Carbon Solutions business.. Denbury Resources Hires Chris Kendall as Chief Operating Officer, Effective September . Elizabeth has 4 jobs listed on their. Although your check detail indicates your interest is a royalty interest (RI), as though you own leased minerals, you actually own a net proceeds interest. Occasionally, adjustments must be made on revenue previously paid to you. The Company is the CO2 Our management team brings deep experience, exceptional technical expertise and strong leadership to Denbury. This press release also contains forward-looking statements concerning Weyerhaeuser Company and its subsidiaries (Weyerhaeuser) including, but not limited to, with respect to Weyerhaeusers plans to grow its natural climate solutions business and the potential for multiple carbon sequestration projects on locations throughout its land ownership. If you do not have an online account, you can register at:EnergyLink User Signup. Governance and Corporate Responsibility Committee. Announces Resignation of Brad Kerr as Senior Vice President Development, Technical and Innovation. It is not possible to predict or identify all risks and uncertainties that might affect the accuracy of Weyerhaeusers forward-looking statements and, consequently, its descriptions of such risks and uncertainties should not be considered exhaustive. There is no guarantee that any of the events anticipated by these forward-looking statements will occur, and if any of the events do occur, there is no guarantee what effect they will have on Weyerhaeusers business, results of operations, cash flows, financial condition and future prospects. For more information about Denbury, please visit www.denbury.com. CCA and CCUS provide massive future growth potential for Denbury. Our advanced technical capabilities and unmatched pipeline network are strategic advantages. Denburys 2022 Corporate Responsibility Report reflects our focus on operating a growing, profitable and sustainable company that is dedicated to bettering our employees, our environment and our communities. All states have laws that require the reporting of unclaimed funds belonging to owners who cannot be located. If you have multiple tax identification numbers, you will receive a form 1099 for each tax identification number. Forms to correct either of these are available here. Sign up for e-mail alerts by entering your e-mail address below, and selecting the lists to which you wish to subscribe. Provide a copy of the trust agreement or memorandum of trust, in addition to a conveyance document from the current owner of record into the trust. Denbury has been creating value through oil and gas development for more than 70 years, and has been active in decarbonization through EOR for more than 20 years. 1099 forms are also available online by logging into your Online Account. The Company's strategy is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk in South Texas. To register, please go to:EnergyLink User Signup. Payments will be made monthly to all owners with cumulative balances of $50 or more. From the Invoices/Checks tab, select the DD/ACH Enroll option from the More dropdown. Denbury delivers value to investors through its disciplined approach, financial strength, and responsible stewardship. Please mail a copy of the recorded document to: P.O. Depending on the scale and pace of emissions agreements dedicated to the site, Denbury intends to connect the sequestration site to its existing CO2 pipeline network in southeast Louisiana with a 45-mile pipeline connection. Address changes must be submitted in writing with all of the following: Name, Old and New Address, Owner Number, and Signature. PLANO, Texas, March 23, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) ("Denbury" or the "Company") today announced that Brad Whitmarsh has joined Denbury as Executive Director, Investor. Please inform us if there is a change of address. Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. Interest is transferred with the appropriate Conveyance for your interest type. The Company is differentiated by its focus on CO2 Enhanced Oil Recovery (EOR) and the emerging Carbon Capture, Use, and Storage (CCUS) industry, supported by the Companys CO2 EOR technical and operational expertise and its extensive CO2 pipeline infrastructure. commented, "We are excited to have Jack join the Denbury team. To cancel your existing direct deposit banking information, log into your online EnergyLink account. Denbury is expanding its EOR operations by developing the world-class Cedar Creek Anticline (CCA) field, which The Company's goal Adding both of these sites furthers our strategy to provide the industrys largest, most reliable, and efficient CO2 transportation and storage network.. Sustainability is central to our business strategy. For more information about Denbury, visit www.denbury.com. The deadline for submitting changes is March 15th of the current year. Please note this document must have your signature to be valid. strategy. the Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Dec 12, 2022 PLANO, Texas & SEATTLE, Washington-- (BUSINESS WIRE)-- Denbury Inc. (NYSE: DEN) ("Denbury") and Weyerhaeuser Company (NYSE: WY) ("Weyerhaeuser") today announced an agreement for the evaluation and potential development of a CO 2 sequestration site in Mississippi. The overriding royalty is carved out of the Lessees (operators) working interest and entitles its owner to a fraction of production. For more information about Denbury, visit www.denbury.com. We cannot provide forms for conveying real property interests. Contact Information Phone: 1.800.348.9030 Fax: 972.673.2430 Email: ownerrelations@denbury.com Mailing Address Denbury Inc. ATTN: Owner Relations PO Box 251289 Provides Sales Guidance for the Second Quarter of 2023, North American Morning Briefing: Focus Turns to Inflation Data, Earnings, Denbury Plans to Release First Quarter 2023 Results on May 3rd, Stifel Adjusts Price Target on Denbury to $138 From $156, Maintains Buy Rating, DENBURY INC Management's Discussion and Analysis of Financial Condition and Results Therefore, you will need to print it out, complete it and either mail by post, or scan and email or fax. You appear to be using an older browser. CCUS is the future of Denbury. Welcome to our Owner Relations Online System. Please contact an attorney for assistance in document selection and preparation. If you have direct deposit or registration issues, please contactEnergyLink Contact Us. governance performance. Denbury delivers value to investors through its disciplined approach, financial strength, and responsible stewardship. Whitmarsh has worked in the oil and gas industry for over 20 years and brings significant investor relations experience to Denbury. Denburys operations include oil and gas production, CO2 pipeline networks, and innovative carbon solutions. Yes, upon your request we will obtain a copy and send it to you either by fax or mail. 1 MarketScreener is worth more than 1000 Influencers! DENBURY IR CONTACTS Denbury is a premier carbon solutions company focused on the development of Enhanced Oil Recovery ("EOR") and Carbon Capture, Utilization, and Storage ("CCUS") operations in the Rocky Mountain and Gulf Coast regions. No, address changes must be submitted in writing. Management's Discussion and Analysis of Financial Condition and Results Denbury is a rewarding place to work with opportunities for career advancement and professional growth. 2023. recovery east of the Mississippi River, and holds significant operating Item 2. These negative amounts must be subtracted when calculating your total. operations. Once logged in, you will be able to: If you have issues registering or logging into your account, please contact EnergyLink. Learn more at www.weyerhaeuser.com. provider. The Company currently injects over four million tons of captured industrial-sourced CO2annually, with an objective to fully offset its Scope 1, 2, and 3 CO2emissions by 2030, primarily through increasing the amount of captured industrial-sourced CO2used in its operations. Operations is to increase the value of acquired properties through a combination of you may not experience optimal navigation or page functionality. With more than 20 years of experience in safely transporting, injecting and monitoring It must be on bank letterhead listing the account name, account number and routing number. This press release contains forward-looking statements as to the timing of the first stratigraphic test well and as to the estimated potential pore space for permanent CO2sequestration that involve risks and uncertainties, including the timing and availability of CO2to be sequestered, Denburys successful preparation and testing of the site for permanent CO2sequestration and obtaining Class VI permits required for permanent CO2 sequestration. Our oil producing assets and our robust CO2 network are In 2022, Denbury is injecting over DENBURY CONTACTS: strategy to the investment community.". It is not possible to predict or identify all risks and uncertainties that might affect the accuracy of Weyerhaeusers forward-looking statements and, consequently, its descriptions of such risks and uncertainties should not be considered exhaustive. With the addition of the two sites, the Companys total CO2 sequestration portfolio has expanded to 10 sites, including sites in Alabama, Louisiana, Mississippi, Texas and Wyoming, and a total potential storage volume of approximately 2 billion metric tons of CO2. Our environmental, social and governance policies reflect our commitment to responsibly meet the worlds energy needs. We welcome your inquiries, comments and suggestions. Visit our Contact page for information on how to contact various departments at Denbury, including Corporate Headquarters, Investor Relations, Owner Relations, Media Relations, and Carbon Solutions. These statements are based on engineering, geological, financial and operating assumptions that Denbury believes are reasonable based on currently available information; however, their achievement are subject to a wide range of business risks, and there is no assurance that these goals and projections can or will be met. Mitsubishi aims to introduce its fuel ammonia to the Japanese market, with production commencing from its Gulf Coast facility in the latter half of the decade. The amount required by the IRS to be reported on the 1099 misc. Entities identified as corporations are generally not issued a 1099. Box 251289Plano, TX 75025-1289. Denbury employees make a differenceand they are supported by excellent benefits and a culture that values diversity, equity and inclusion. Denbury Carbon Solutions focuses on capturing, transporting and Investor Relations. Please notify Owner Relations of any discrepancies as soon as possible after receiving your 1099, to ensure your information is corrected prior to submitting the information to the IRS. versions of Internet Explorer, Chrome, Safari, and Firefox. Key highlights of Denburys term sheet with Mitsubishi include: Chris Kendall, Denburys President and Chief Executive Officer, commented, Todays announcement with Mitsubishi highlights Denburys position as the preferred business partner for transporting and storing captured industrial CO2 emissions. Furnish a copy of the legal document showing the change (Copy of Marriage Certificate, Divorce Decree reinstating maiden name, or other document affecting name change). The CO2 pipeline infrastructure in the Gulf Coast and Rocky Mountain regions delivers CO2 from its natural and industrial CO2 sources for use in its CO2 EOR fields, as well as to deliver CO2 to its customers who are industrial end-users of CO2 or EOR customers. Denbury is an independent energy company with operations focused on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. Denbury is a leader in Carbon Capture, Utilization, and Storage, with over 20 years experience in Enhanced Oil Recovery. In addition, any forward-looking statements represent the parties estimates only as of today and should not be relied upon as representing its estimates as of any future date. Contacts. We are excited to partner on this project with Denbury and unlock the option value created when combining our uniquely positioned acreage and subsurface ownership with high-quality developers of CCS projects in the Gulf South.. With more than 20 years of experience in EOR, and more than 1,300 miles of CO2 dedicated pipelines in the U.S., Denbury is a world-leading carbon solutions provider. These risks and uncertainties include, but are not limited to, those described in Weyerhaeuser Companys 2021 Annual Report on Form 10-K, as well as those set forth from time to time in its other public statements, reports, registration statements, prospectuses, information statements and other filings with the SEC. Unleased mineral interest owners are entitled to 100% of their production minus their proportionate share of the cost of drilling, completing and equipping the well in addition to operating costs after the well is completed. Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses across virtually every industry including natural gas, industrial materials, petroleum & chemicals solution, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution and urban development. (NASDAQ: PSTR). Please have the following information available to create your account. CI. If you do not have an online account, you can register at: EnergyLink User Signup, If you have issues registering, please contact: EnergyLink Contact Us. Mail these documents to: Denbury Inc.Attn: Owner RelationsPO box 251289Plano TX 75025-1289. Plano, TX 75024. The potential extension of our pipeline system towards New Orleans would provide significant capacity and flexibility to the Denbury CO2 pipeline network. Denbury and Lapis Energy Form JV to Develop CO2 Sequestration Project in St. Charles Parish Denbury Inc. (NYSE: DEN) ("Denbury" or the "Company") announced today that it has formed a joint venture with Lapis Energy, LP ("Lapis") to design, implement, and operate a carbon dioxide ("CO 2 ") sequestration project at Lapis Energy's 14,000-acre site located in St. Charles Parish . With the worlds largest CO2 pipeline network and a growing portfolio of potential sequestration sites, we are also poised to provide CO2 sequestration in the near future. An overriding royalty interest expires once the lease has expired and production has stopped, whereas minerals and royalty owners maintain their ownership after production stops. OWNER RELATIONS Contact Owner Relations You can reach Denbury's Owner Relations team by phone, fax, or e-mail, or by completing the contact form below. It requests the name, address, and taxpayer identification information of a taxpayer. Denburys operations include traditional oil and gas production, Enhanced Oil Recovery (EOR) and PLANO, Texas-- ( BUSINESS WIRE )--Denbury Inc. (NYSE: DEN) ("Denbury") today announced that its wholly-owned subsidiary, Denbury Carbon Solutions, LLC, and Houston-based Gulf Coast Midstream. The Company is focused on developing its properties through a combination of exploration, exploitation, drilling, and practices, with an emphasis relating to carbon dioxide enhanced oil recovery (CO2 EOR) operations. Actual results may vary materially. Login to your EnergyLink account, and go to Admin > My Account > click hyperlink Change My Password. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2013 has been active in CCUS through the injection of captured industrial-sourced CO2. When this occurs, the original payment is reversed and the new amount is paid. original oil in place. Most recently, Mr. Whitmarsh served as Vice President, Investor Relations for Noble Energy, Inc., from 2013 until its acquisition by Chevron Corporation in 2020. The Company's operations are operations focused on the Gulf Coast and Rocky Mountain regions of the United States. emissions through Leveraging its operational and technical expertise and extensive infrastructure network, the Company works to support industrial decarbonization and meet the worlds ever-growing need for more safe, secure, and abundant energy while maintaining a commitment to the highest standards of safety and stewardship for its employees and the environment. By The editorial team. Brad Whitmarsh, 972.673.2020, brad.whitmarsh@denbury.com exploitation, drilling and proven engineering extraction practices, with
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