Denbury Resources Hosts Analyst Conference; Updates Production Guidance.Energy Editors/Business Editors IPAA IPAA International Psychoanalytical Association. 2004 Oil and Gas Investment Symposium DALLAS--(BUSINESS WIRE)--March 31, 2004 Denbury Resources Inc. (NYSE NYSE See: New York Stock Exchange :DNR See dynamic noise reduction and domain name resolver. ), announced today that several members of Denbury's management are hosting a conference in New Orleans for analysts on April 1st and 2nd, 2004 where they will be presenting specific operational and financial updates. The slide presentation that will be presented to the analysts will be available on Denbury's website, www.denbury.com, beginning on April 1 and will include updated operational and comparative financial data and an in-depth review of the Company's significant properties. To date, approximately 35 sell and buy-side analysts and several asset managers have signed up for the presentations. Registration is ongoing and can be made through the contact numbers below. The Company will also be presenting at other upcoming conferences and events during the month of April. Gareth Roberts, Denbury's President and Chief Executive Officer, will be presenting at the IPAA 2004 Oil and Gas Investment Symposium conference in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of on April 21 at 9:15 A.M. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT . The IPAA conference presentation will be webcast and available through Denbury's website, www.denbury.com, and archived for approximately 30 days thereafter. Production Guidance In conjunction with the upcoming conferences, the Company is updating its production guidance for the first quarter of 2004. Preliminarily, it appears that production for the first quarter will be at, or slightly above, the upper end of its previous guidance and is currently estimated to be between 35,500 BOE/d and 36,000 BOE/d for the quarter. Denbury Resources Inc. (www.denbury.com) is a growing independent oil and gas company. The Company is the largest oil and natural gas operator in Mississippi, and holds key operating acreage onshore Louisiana and in the offshore Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east areas. |
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