Corporate Information

9/3/2003


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Table of Contents

PPT Slide

Corporate Information

Corporate Overview

Production and Reserve Analysis

The Denbury Difference

…Carbon Dioxide (CO2)

PPT Slide

Denbury’s CO2 Operations

CO2 Operations – Oil Recovery Process

Proven Production Response

CO2 Model Assumptions – Phase I

CO2 Business Model – Phase I

CO2 Business Model

PPT Slide

PPT Slide

Solid Asset Base

Economic Analysis by Area

Relative Asset Value Growth per Share

Peers - Replacement Costs per BOE

Financial Data per BOE

Peer Efficiency Ratio

Hedge Position

Debt to Capital Analysis

Growth Strategy

COHO Properties Acquisition

Author: laurie