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Denbury Resources

League City Oil & Gas Drilling Encroaches on Houston

by Kenneth E. DuBose on August 8, 2011

League City is close to updating its oil & gas drilling regulations due to proposed drilling within the city limits. While Houston is the oil & gas industry capital of the world, the city’s urban areas have gone largely untouched compared to those in Pennsylvania and just up I-45 in Dallas-Fort Worth. That is set […]

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Denbury Buys Cimarex Energy’s Riley Ridge Holdings

by Kenneth E. DuBose on June 28, 2011

Denbury will buy the remaining 57.5% interest in the Riley Ridge Field from Cimarex Energy for $191 million.  The deal provides Denbury with much needed CO2 that will be used to develop mature oil fields that are ripe for enhanced oil recovery (EOR) in the Rocky Mountains. “The total purchase price is estimated at $191 […]

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