Item 8.01 - Other Events
Denbury Resources Inc. ("Denbury" or the "Company") announced today that in
connection with its expected near-term emergence from bankruptcy, the Company
plans to change its corporate name to "Denbury Inc." Additionally, Denbury is
currently preparing to list its new common stock in the reorganized Company for
trading on the New York Stock Exchange under the ticker symbol "DEN," and
expects trading in its stock to begin shortly following emergence.
About Denbury Resources Inc.
Denbury is an independent oil and natural gas company with operations focused in
two key operating areas: the Gulf Coast and Rocky Mountain regions. The
Company's goal is to increase the value of its properties through a combination
of exploitation, drilling and proven engineering extraction practices, with the
most significant emphasis relating to carbon dioxide enhanced oil recovery (CO2
EOR) operations. For more information about Denbury, please visit
www.denbury.com.
Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements that involve
a number of risks and uncertainties, including those detailed in the Company's
filings with the Securities and Exchange Commission, including Denbury's most
recent Form 10-Q and its 2019 Form 10-K. These risks and uncertainties are
incorporated by this reference as though fully set forth herein. The
forward-looking statements contained herein are based on assumptions that
management believes are reasonable based on currently available information;
however, management's assumptions are subject to a wide range of business risks,
and subject to the Company's ability to successfully re-list and begin trading
on the New York Stock Exchange. There is no assurance that the Company's
expectations expressed herein can or will be met. Actual results may vary
materially. In addition, any forward-looking statements represent the Company's
expectations only as of today and should not be relied upon as representing its
expectations as of any future date. Denbury assumes no obligation to update its
forward-looking statements.
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