Archive for the ‘Denbury Resources Inc’ Category

Denbury Resources Inc., Plano, Tex., and Penn Virginia Corp., Houston, have ended a merger agreement estimated to have been worth $1.7 billion.

Denbury Resources reported it would acquire and merge with Penn Virginia in a $1.7-billion deal that Denbury says would offer the combine short-cycle investment optionality and future enhanced oil recovery potential in the oil window of the Eagle Ford …

Elk Petroleum Ltd. said enhanced oil recovery flooding has started at Grieve field’s carbon dioxide EOR project near Casper, Wyo. Initially water is being produced, which will be followed by oil production that is anticipated to ramp up to about 2,100 …