The Denbury Difference
Balanced Asset Base
- Approximately 50/50 oil and natural gas production mix
- Blend of long-term, lower risk exploitation projects and higher-risk/reward investment opportunities
- Low-risk upside through CO2 and Barnett Shale plays
Gulf Coast Region Focus
- Largest producer in Mississippi
- Operate all significant properties
Strong Balance Sheet to Fund Growth
- Conservative spending policy
- Consistent hedging strategy
Experienced and Motivated Personnel
- 50 technical employees with over 22 years average experience
- Team approach to compensation (Top 5 received less than 10% of option grants in 2002)
BUT DENBURY’S UNIQUE ADVANTAGE IS……