DENBURY RESOURCES INC. (NYSE:DNR) Files An 8-K Other EventsItem 8.01 – Other Events
On August 14, 2018, Denbury Resources Inc. (the “Company”) issued a press release announcing the pricing and upsizing to $450 million of its previously announced private offering (the “Offering”) of $400 million aggregate principal amount of Senior Secured Second Lien Notes due 2024 (the “New Second Lien Notes”). The New Second Lien Notes will bear interest at a per annum rate of 7.5% and were sold at an issue price of 50%. The Offering is expected to close on August 21, 2018. A copy of the press release is filed as Exhibit 99.1 hereto.
Section 9 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits
The following exhibitis furnished in accordance with the provisions of Item 601 of Regulation S-K:
DENBURY RESOURCES INC ExhibitEX-99.1 3 dnr-20180814x8kex991.htm EXHIBIT 99.1 Exhibit NewsDENBURY ANNOUNCES PRICING AND UPSIZING OF $450 MILLION OFFERING OF NEW 7.5% SENIOR SECURED SECOND LIEN NOTES DUE 2024PLANO,…To view the full exhibit click
About DENBURY RESOURCES INC. (NYSE:DNR)
Denbury Resources Inc. is an independent oil and natural gas company. The Company’s operations are focused on two operating areas: the Gulf Coast and Rocky Mountain regions. Its properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming. It has estimated proved oil and natural gas reserves of over 288.6 million barrels of oil equivalent (MMBOE). Its primary Gulf Coast carbon dioxide (CO2) source is Jackson Dome, which is located near Jackson, Mississippi. Its mature group of properties includes the initial CO2 field, Little Creek, as well as various other fields, including Brookhaven, Cranfield, Eucutta, Lockhart Crossing, Mallalieu, Martinville, McComb and Soso fields. Its LaBarge Field is located in southwestern Wyoming. It holds interest in LaBarge Field, which consists of over 1.2 trillion cubic feet of proved CO2 reserves.