Denbury Announces Closing of Acquisition of Interest in Rockies CO2 Flood; Release Date for Second Quarter 2017 Results and Conference Call

PLANO, Texas, July 03, 2017 -- Denbury Resources Inc. (NYSE:DNR) (“Denbury” or the “Company”) today announced it closed the previously announced acquisition of a 23% non-operated working interest in Salt Creek Field in Wyoming on June 30, 2017, for cash consideration of $71.5 million before purchase price adjustments.

Denbury will host a conference call to review and discuss second quarter 2017 financial and operating results on Tuesday, August 8, 2017 at 10:00 A.M. (Central).  The Company plans to issue its financial and operating results prior to the market opening on the same day.  Individuals who would like to participate should dial the applicable dial-in number listed below ten minutes before the scheduled start time.

A live presentation webcast of the conference call will be available on the Company’s website at www.denbury.com.  The webcast will be archived on the website and a telephonic replay will be accessible for at least one month after the call by dialing 800.475.6701 (domestic) or 320.365.3844 (international) and entering the conference ID number: 361973.

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 CO₂ enhanced oil recovery operations.  For more information about Denbury, please visit www.denbury.com.

DENBURY CONTACTS:
Mark C. Allen, Senior Vice President and Chief Financial Officer, 972.673.2000
John Mayer, Investor Relations, 972.673.2383