Denbury Resources Inc. Retains Oil & Gas Journal Exchange, Madison Energy Advisors, for Laurel Field, Mississippi Property Divestment.Business Editors/Energy Editors HOUSTON--(BUSINESS WIRE)--Nov. 21, 2002 The Oil & Gas Journal Exchange, Madison Energy Advisors, (OGJE OGJE Oil and Gas Journal Exchange ) announced today that Denbury Resources Inc. (Denbury) has retained OGJE's services to evaluate and market Denbury's assets in Laurel Laurel, cities, United States Laurel. 1 Town (1990 pop. 19,438), Prince Georges co., central Md., about halfway between Washington, D.C., and Baltimore; patented in the late 1600s, inc. 1870. Field located in Jones County, Mississippi Jones County is a county located in the U.S. state of Mississippi. It is part of the Laurel, MS Micropolitan Statistical Area. As of 2000, the population was 64,958. Its county seats are Laurel and Ellisville6. Geography According to the U.S. . Denbury has an average working interest of 91.26 percent and operates the field. Net daily production from January 1, 2002, through July 31, 2002, averaged 1715 BOPD BOPD Barrels of Oil Per Day BOPD Bataan Ocean Petroleum Depot . In addition to Proved Producing reserves, other reserve categories of significant value exist in Laurel Field. Denbury said these assets will be sold as part of an ongoing program to upgrade its growth portfolio and improve overall shareholder returns. Denbury is offering to sell the assets effective January 1, 2003, through a negotiated sale. The data room will open December 2 and close December 20, 2002. For further information, contact Linda Gero or W. O. Theis Jr. at 281/876-2244 or check OGJE's website for regular status updates at www.ogjpropertyexchange.com. About Oil & Gas Journal Exchange Based in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , the Oil & Gas Journal Exchange, Madison Energy Advisers, offers services for oil and gas producing property sales and acquisitions. It offers both negotiated sales capabilities as well as auction capabilities. Its negotiated sales segment, Madison Energy Advisors, includes a full suite of advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal including the ability to evaluate, package, market and close property divestments. |
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