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	<title>Stock Blog Hub &#187; DNR</title>
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		<title>(SUN) Oil and Gas Stock Outlook &#8211; February 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/08/sun-oil-and-gas-stock-outlook-february-2012-industry-outlook/91446</link>
		<comments>http://www.stockbloghub.com/2012/02/08/sun-oil-and-gas-stock-outlook-february-2012-industry-outlook/91446#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:05:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[Centurytel Inc.]]></category>
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		<category><![CDATA[CTL]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[E]]></category>
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		<category><![CDATA[PetroChina Company Limited]]></category>
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		<category><![CDATA[Suncor Energy Inc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91446</guid>
		<description><![CDATA[OUTLOOK Crude Oil Signs of progress in resolving Europe&#8217;s long-running sovereign debt crisis and a tightening global supply picture in view of the geopolitical fallout over Iran&#8217;s alleged nuclear ambitions have been keeping oil prices at elevated levels. Partly offsetting this favorable view has been high U.S. crude stocks and worries about China’s growth outlook. As such, crude oil’s near-term fundamentals remain mixed, to say the least. The long-term outlook for oil, however, remains favorable given the commodity’s constrained supply picture. In particular, while the Western economies exhibit sluggish growth prospects, global oil consumption is expected to get a boost from continued strength in the major emerging powers like India, China and Brazil that continue to grow at a healthy rate. According to the Energy Information Administration (EIA), which provides ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources Posts an Impressive Second Quarter</title>
		<link>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703</link>
		<comments>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703#comments</comments>
		<pubDate>Fri, 05 Aug 2011 18:00:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Pioneer Natural Resources Company]]></category>
		<category><![CDATA[PXD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80703</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) has reported second-quarter 2011 earnings of 37 cents per share (excluding one-time items), beating our expectation of 33 cents. The quarterly result was also well above the year-earlier adjusted earnings of 18 cents, attributable to overall higher price realization, partially offset by lower production. Total revenue jumped 21% to $601.4 million from the year-ago level of $497.2 million and comfortably surpassed the Zacks Consensus Estimate of $550 million. Operational Performance During the quarter, production averaged 64,919 barrels of oil equivalent per day (Boe/d), down 23% year over year. Oil production averaged 59,538 barrels (down 10% from the year-ago level) and natural gas averaged 32,283 thousand cubic feet (down 70%), on a daily basis. Tertiary production in the quarter averaged 30.771 thousand barrels per day (MBbl/d), up ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources to Get Riley Ridge Unit</title>
		<link>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976</link>
		<comments>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976#comments</comments>
		<pubDate>Thu, 30 Jun 2011 20:36:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Cimarex Energy Company]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Pioneer Natural Resources Company]]></category>
		<category><![CDATA[PXD]]></category>
		<category><![CDATA[XEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77976</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) has entered into an agreement to acquire working interests in Riley Ridge Federal Unit located in southwestern Wyoming as well as mineral leases adjoining the Unit from Cimarex Energy Co. (XEC). The total consideration of the transaction, which is expected to close in July, is $191 million. Per the agreement, Denbury plans to take hold of 57.5% working interest in Riley Ridge Federal Unit as well as approximately 33% working interest in 28,000 acres of mineral leases adjoining it. The company plans to fund the deal through borrowings on its existing bank credit facility. Notably, $176 million will be paid at closing and the remaining $15 million when the gas processing facility becomes operational and meets certain performance targets. Located in the prolific LaBarge Field, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EIA) Stock Market News for May 26, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/05/26/eia-stock-market-news-for-may-26-2011-market-news/74987</link>
		<comments>http://www.stockbloghub.com/2011/05/26/eia-stock-market-news-for-may-26-2011-market-news/74987#comments</comments>
		<pubDate>Thu, 26 May 2011 18:22:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[Eaton Vance Insured California Municipal Bond Fund]]></category>
		<category><![CDATA[EIA]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Linkedin Corporation]]></category>
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		<category><![CDATA[National Oilwell Varco Incorporated]]></category>
		<category><![CDATA[NOV]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74987</guid>
		<description><![CDATA[Investor sentiment gained strength as higher crude prices lifted the markets after three consecutive days of losses. Investors also negated weak economic reports amidst thin volumes and over 60% of the shares that are traded on the NYSE and Nasdaq closed in the green. The Dow Jones Industrial Average (DJIA) gained 0.3% to finish at 12,394.66. The Standard &#38; Poor 500 (S&#38;P 500) was also up 0.3% and closed at 1,320.47. The Nasdaq Composite Index ended the day at 2,761.38, after gaining 0.6%. The fear-gauge CBOE Volatility Index (VIX) dropped below 17. On the New York Stock Exchange (NYSE), AMEX and Nasdaq, consolidated volumes remained light at 6.69 billion shares compared with last year&#8217;s daily average of 8.47 billion. On the NYSE, for every couple of stocks that rose, one ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/26/eia-stock-market-news-for-may-26-2011-market-news/74987/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources Divests Non-Core Haynesville Assets</title>
		<link>http://www.stockbloghub.com/2010/10/17/dnr-denbury-resources-divests-non-core-haynesville-assets/55236</link>
		<comments>http://www.stockbloghub.com/2010/10/17/dnr-denbury-resources-divests-non-core-haynesville-assets/55236#comments</comments>
		<pubDate>Sun, 17 Oct 2010 20:24:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55236</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) is stepping forward to complete the planned divestiture of non-core oil and gas properties of Encore Acquisition Company acquired in March. Yesterday, the company said that it will sell its Haynesville and East Texas natural gas assets to a private oil and gas company for $217.5 million. The primary goal of this transaction is to reduce Denbury’s $2.46 billion debt (at the end of second quarter) level. The company will also use a part of the sale proceeds in a section 1031-like kind exchange with a previously announced acquisition of reserves in the Rocky Mountain region in order to reduce the estimated taxable gain on the sale. Production attributable to the properties up for sale averaged 34 million cubic feet equivalent per day in the second ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/17/dnr-denbury-resources-divests-non-core-haynesville-assets/55236/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources to Sell Non-Core Assets</title>
		<link>http://www.stockbloghub.com/2010/04/07/dnr-denbury-resources-to-sell-non-core-assets/33030</link>
		<comments>http://www.stockbloghub.com/2010/04/07/dnr-denbury-resources-to-sell-non-core-assets/33030#comments</comments>
		<pubDate>Thu, 08 Apr 2010 00:23:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33030</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) is stepping forward to sell non-core oil and gas properties of previously acquired Encore Acquisition Company to Houston-based Quantum Resources Management LLC for $900 million. The assets to be sold are located in the Permian Basin, southeastern New Mexico, the Mid-continent area and the East Texas Basin. The divestiture is expected to be closed in May 2010. However, the sale does not include Denbury&#8217;s Haynesville Shale, Paradox Basin, Cleveland Sand Play and Tuscaloosa Marine Shale properties. Denbury had acquired Encore in last November and hinted that it may sell some non-core assets to reduce the debt level. As of March 31, 2010, the company had $800 million outstanding debt under its bank credit facility. While tertiary operations remain the company’s core area, it has been quite ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/07/dnr-denbury-resources-to-sell-non-core-assets/33030/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources Completes Encore Merger</title>
		<link>http://www.stockbloghub.com/2010/03/10/dnr-denbury-resources-completes-encore-merger/30245</link>
		<comments>http://www.stockbloghub.com/2010/03/10/dnr-denbury-resources-completes-encore-merger/30245#comments</comments>
		<pubDate>Wed, 10 Mar 2010 20:14:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30245</guid>
		<description><![CDATA[Following yesterday’s shareholders’ approval, Denbury Resources Inc. (DNR) has completed the merger with Encore Acquisition Company and entered into a new $1.6 billion credit facility as well. In addition, Denbury will assume Encore’s position as obligator on the remainder of all Encore senior subordinated notes. Denbury issued approximately 134.4 million of its shares and paid about $829.4 million in cash to Encore shareholders. Denbury and Encore stockholders own 66.1% and 33.9%, respectively, of the combined company. The combined company will operate under Denbury’s name and trade under the DNR ticker symbol. Trading in Encore’s common stock is now terminated. In November last year, Denbury entered into an agreement with Encore to acquire the company for $4.5 billion. This merger will position the combined company as one of the largest crude ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources Completes Barnett Sale</title>
		<link>http://www.stockbloghub.com/2010/01/05/dnr-denbury-resources-completes-barnett-sale/24209</link>
		<comments>http://www.stockbloghub.com/2010/01/05/dnr-denbury-resources-completes-barnett-sale/24209#comments</comments>
		<pubDate>Tue, 05 Jan 2010 22:51:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24209</guid>
		<description><![CDATA[Denbury Resources (DNR) has completed the sale of remaining 40% of its Barnett Shale natural gas assets to Talon Oil &#38; Gas LLC (a privately held company) for $210 million. During June last year, Denbury had completed the sale of its first 60% for $270 million to the same buyer. Proceeds from the sale were used to pay off bank debt. The Barnett Shale divestment allows the company greater liquidity and flexibility to focus on its core tertiary oil operations, which are more profitable, carry lower risks and face virtually no competition. Besides paying off bank debt, Denbury has plans to use the sale proceeds to increase its 2010 tertiary related spending. Tertiary operations remain the company’s principal focus area. In the last month, the company acquired a 95% stake ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) In-Line Quarter for Denbury Resources</title>
		<link>http://www.stockbloghub.com/2009/11/08/dnr-in-line-quarter-for-denbury-resources/19828</link>
		<comments>http://www.stockbloghub.com/2009/11/08/dnr-in-line-quarter-for-denbury-resources/19828#comments</comments>
		<pubDate>Mon, 09 Nov 2009 02:35:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[EAC]]></category>
		<category><![CDATA[Encore Acquisition Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19828</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) reported in-line third quarter results, as increased production helped the company to meet estimates. Earnings per share, excluding non-cash fair value adjustments, came in at 16 cents, same as the Zacks Consensus Estimate. Including one-time items, Denbury posted a profit of 11 cents per share. On a year-over-year basis, the company’s adjusted earnings per share declined 68.0% (from 50 cents to 16 cents), while revenue was down 44.6% to $227.2 million. The year-over-year negative comparisons were due to the steep decline in commodity prices. Production Production during the quarter averaged 42.7 thousand oil-equivalent barrels per day (MBOE/d), a decrease of approximately 7.1% year over year. However, after adjusting for the 2009 sale of 60% of the company’s Barnett Shale natural gas assets, Denbury’s volumes rose approximately ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/08/dnr-in-line-quarter-for-denbury-resources/19828/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources to Acquire Encore Acquisition Company</title>
		<link>http://www.stockbloghub.com/2009/11/02/dnr-denbury-resources-to-acquire-encore-acquisition-company/19420</link>
		<comments>http://www.stockbloghub.com/2009/11/02/dnr-denbury-resources-to-acquire-encore-acquisition-company/19420#comments</comments>
		<pubDate>Mon, 02 Nov 2009 21:33:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[EAC]]></category>
		<category><![CDATA[Encore Acquisition Company]]></category>
		<category><![CDATA[Encore Energy Partners LP]]></category>
		<category><![CDATA[ENP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19420</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) has entered into a definitive agreement with Encore Acquisition Company (EAC) to acquire the company for $4.5 billion. This includes an assumption of debt and the value of the minority interest in Encore Energy Partners L.P. (ENP). Denbury intends to finance this transaction with a combination of equity and debt. The combined company will operate under the Denbury name and trade under the DNR ticker symbol. Post-merger, it is expected that Denbury stockholders will own between 63% and 68% of the combined company and the Encore stockholders will own between 32% and 37% of the combined company. The completion of the merger is subject to regulatory approvals and is expected to take place in the first quarter of 2010. We view the transaction as a win-win ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/02/dnr-denbury-resources-to-acquire-encore-acquisition-company/19420/feed</wfw:commentRss>
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