Brief: Denbury Announces Full Year 2023 Outlook

Denbury

23/02/2023 11:49

Feb 23 (Reuters) - Denbury Inc  DEN.N :
    * DENBURY ANNOUNCES FULL YEAR 2023 OUTLOOK, INCLUDING
CAPITAL PLAN
AND PRODUCTION GUIDANCE
    * DENBURY - OIL AND NATURAL GAS SALES VOLUMES FOR 2023 ARE
ANTICIPATED TO AVERAGE BETWEEN 46,000 AND 49,000 BARRELS OF OIL
EQUIVALENT ("BOE") PER DAY
    * DENBURY INC - 2023 CAPITAL BUDGET RANGE FOR OIL AND
NATURAL GAS
DEVELOPMENT OF $350 MILLION TO $370 MILLION
    * DENBURY INC - LEASE OPERATING EXPENSE ("LOE") IS ESTIMATED
TO
RANGE BETWEEN $29 AND $31 PER BOE DURING 2023
    * DENBURY INC - ANTICIPATES SPENDING APPROXIMATELY $36
MILLION ON
ITS PROACTIVE ASSET RETIREMENT PROGRAM IN 2023

Source text for Eikon:  ID:nBw1VnBW0a 
Further company coverage:  DEN.N 
 ((Reuters.Briefs@thomsonreuters.com;))