%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 743.6 m 561.5 743.6 l s BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.85 716.10 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 319.74 716.10 Td (A) Tj ET Q q 0 0 0 rg BT 326.22 716.10 Td (TES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.60 704.10 Td (SECURITIES ) Tj ET Q q 0 0 0 rg BT 261.13 704.10 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 247.60 692.10 Td (W) Tj ET Q q 0 0 0 rg BT 256.49 692.10 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 302.43 692.10 Td (ON, DC 20549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 680.10 Td () Tj ET Q BT /F2 18.00 Tf ET q 0 0 0 rg BT 261.75 658.50 Td (FORM 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 646.50 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.15 634.50 Td (CURRENT) Tj ET Q q 0 0 0 rg BT 280.42 634.50 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 317.57 634.50 Td (T) Tj ET Q q 0 0 0 rg BT 324.06 634.50 Td ( PURSUANT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.00 622.50 Td (T) Tj ET Q q 0 0 0 rg BT 234.49 622.50 Td (O SECTION 13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 360.52 622.50 Td ( ) Tj ET Q q 0 0 0 rg BT 362.84 622.50 Td (THE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.85 610.50 Td (SECURITIES EXCHANGE ) Tj ET Q q 0 0 0 rg BT 337.66 610.50 Td (ACT) Tj ET Q q 0 0 0 rg BT 358.60 610.50 Td ( OF) Tj ET Q q 0 0 0 rg BT 374.61 610.50 Td ( 1934) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 173.20 586.50 Td (Date of Report \(Date of earliest event r) Tj ET Q q 0 0 0 rg BT 338.78 586.50 Td (eported\): June 18, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 574.50 Td () Tj ET Q BT /F2 18.00 Tf ET q 0 0 0 rg BT 183.85 552.90 Td (DENBUR) Tj ET Q q 0 0 0 rg BT 259.23 552.90 Td (Y) Tj ET Q q 0 0 0 rg BT 271.56 552.90 Td ( RESOURCES INC.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 201.45 540.90 Td (\(Exact name of r) Tj ET Q q 0 0 0 rg BT 268.00 540.90 Td (egistrant as specified in its charter\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 112.80 509.28 Td (Delawar) Tj ET Q q 0 0 0 rg BT 148.81 509.28 Td (e) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.30 509.28 Td (1-12935) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.80 509.28 Td (20-0467835) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 74.35 495.16 Td (\(State or other jurisdiction of) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.55 485.16 Td (incorporation\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 250.25 495.16 Td (\(Commission File Number\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 409.20 495.16 Td (\(IRS Employer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.35 495.16 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 470.85 495.16 Td (Identification No.\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.25 457.30 Td (5320 Legacy Drive) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.30 445.30 Td (Plano, ) Tj ET Q q 0 0 0 rg BT 308.57 445.30 Td (T) Tj ET Q q 0 0 0 rg BT 314.32 445.30 Td (exas) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.85 433.30 Td (\(Addr) Tj ET Q q 0 0 0 rg BT 250.81 433.30 Td (ess of principal executive offices\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 293.50 410.50 Td (75024) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 285.30 398.50 Td (\(Zip code\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.75 375.70 Td (\(972\) 673-2000) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 199.90 363.70 Td (\(Registrant) Tj ET Q q 0 0 0 rg BT 246.94 363.70 Td (s telephone number) Tj ET Q q 0 0 0 rg BT 324.14 363.70 Td (, including ar) Tj ET Q q 0 0 0 rg BT 377.94 363.70 Td (ea code\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.15 340.90 Td (Not ) Tj ET Q q 0 0 0 rg BT 291.65 340.90 Td (Applicable) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 181.10 328.90 Td (\(Former name or former addr) Tj ET Q q 0 0 0 rg BT 301.28 328.90 Td (ess, if changed since last r) Tj ET Q q 0 0 0 rg BT 406.45 328.90 Td (eport\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.10 Td (Check ) Tj ET Q q 0 0 0 rg BT 77.29 306.10 Td (the ) Tj ET Q q 0 0 0 rg BT 91.74 306.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 139.51 306.10 Td (box ) Tj ET Q q 0 0 0 rg BT 156.75 306.10 Td (below ) Tj ET Q q 0 0 0 rg BT 183.43 306.10 Td (if ) Tj ET Q q 0 0 0 rg BT 191.78 306.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.23 306.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 230.14 306.10 Td (8-K ) Tj ET Q q 0 0 0 rg BT 247.93 306.10 Td (filing ) Tj ET Q q 0 0 0 rg BT 271.83 306.10 Td (is ) Tj ET Q q 0 0 0 rg BT 280.74 306.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 317.42 306.10 Td (to ) Tj ET Q q 0 0 0 rg BT 327.43 306.10 Td (simultaneously ) Tj ET Q q 0 0 0 rg BT 390.22 306.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 418.57 306.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.03 306.10 Td (filing ) Tj ET Q q 0 0 0 rg BT 456.93 306.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 499.72 306.10 Td (of ) Tj ET Q q 0 0 0 rg BT 510.29 306.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.74 306.10 Td (registrant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (under ) Tj ET Q q 0 0 0 rg BT 74.77 294.10 Td (any ) Tj ET Q q 0 0 0 rg BT 91.71 294.10 Td (of ) Tj ET Q q 0 0 0 rg BT 102.54 294.10 Td (the ) Tj ET Q q 0 0 0 rg BT 117.25 294.10 Td (following ) Tj ET Q q 0 0 0 rg BT 158.64 294.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 202.81 294.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 206.140625 292.7669921875 m 218.9091796875 292.7669921875 l s q 0 0 0 rg BT 206.14 294.10 Td (see) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.91 294.10 Td ( ) Tj ET Q q 0 0 0 rg BT 221.41 294.10 Td (General ) Tj ET Q q 0 0 0 rg BT 255.55 294.10 Td (Instruction ) Tj ET Q q 0 0 0 rg BT 300.83 294.10 Td (A.2. ) Tj ET Q q 0 0 0 rg BT 320.55 294.10 Td (below\):) Tj ET Q /GS0 gs q 8.91 0 0 9.76 52.50 271.34 cm /I1 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 274.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 274.17 Td (W) Tj ET Q q 0 0 0 rg BT 91.54 274.17 Td (ritten communications pursuant to Rule425 under the Securities ) Tj ET Q q 0 0 0 rg BT 351.21 274.17 Td (Act \(17 CFR 230.425\)) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 8.91 0 0 9.76 52.50 246.34 cm /I2 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 249.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 249.17 Td (Soliciting material pursuant to Rule14a-12 under the Exchange ) Tj ET Q q 0 0 0 rg BT 339.38 249.17 Td (Act \(17 CFR 240.14a-12\)) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 8.91 0 0 9.76 52.50 221.34 cm /I3 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 224.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 224.17 Td (Pre-commencement communications pursuant to Rule14d-2\(b\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 421.02 224.17 Td (Act \(17 CFR 240.14d-2\(b\)\)) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 8.91 0 0 9.76 52.50 196.34 cm /I4 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 199.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 199.17 Td (Pre-commencement communications pursuant to Rule13e-4\(c\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 419.89 199.17 Td (Act \(17 CFR 240.13e-4\(c\)\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.30 Td (Indicate by check mark whether the registrant is an emer) Tj ET Q q 0 0 0 rg BT 276.17 171.30 Td (ging growth company as defined in Rule 405 of the Securities ) Tj ET Q q 0 0 0 rg BT 525.84 171.30 Td (Act of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.30 Td (1933 \(230.405 of this chapter\) or Rule 12b-2 of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 345.26 159.30 Td (Act of 1934 \(240.12b-2 of this chapter\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.50 Td (Emer) Tj ET Q q 0 0 0 rg BT 70.97 136.50 Td (ging growth company ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 163.74 134.34 cm /I5 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.65 136.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.70 Td (If an emer) Tj ET Q q 0 0 0 rg BT 90.40 113.70 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 177.52 113.70 Td (, indicate by check mark if the registrant has elected not to use the extended transition period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.70 Td (for complying with any new or revised financial accounting standards provided pursuant to Section 13\(a\) of the Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.70 Td (Act.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.44 89.70 Td () Tj ET Q /GS0 gs q 8.91 0 0 10.09 70.94 87.54 cm /I6 Do Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 75.20000000000005 m 561.5 75.20000000000005 l s BT /F1 10.00 Tf ET endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 30.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (Section ) Tj ET Q q 0 0 0 rg BT 83.11 740.25 Td (7 ) Tj ET Q q 0 0 0 rg BT 90.61 740.25 Td ( ) Tj ET Q q 0 0 0 rg BT 98.11 740.25 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 147.28 740.25 Td (FD) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 716.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 71.99 716.25 Td (7.01 ) Tj ET Q q 0 0 0 rg BT 91.99 716.25 Td ( ) Tj ET Q q 0 0 0 rg BT 99.49 716.25 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 148.66 716.25 Td (FD ) Tj ET Q q 0 0 0 rg BT 164.49 716.25 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 204.31 716.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 692.25 Td (On ) Tj ET Q q 0 0 0 rg BT 81.10 692.25 Td (June ) Tj ET Q q 0 0 0 rg BT 100.82 692.25 Td (18, ) Tj ET Q q 0 0 0 rg BT 114.70 692.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 138.58 692.25 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 174.95 692.25 Td (Resources ) Tj ET Q q 0 0 0 rg BT 217.43 692.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 234.08 692.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 251.01 692.25 Td (Company\) ) Tj ET Q q 0 0 0 rg BT 303.49 692.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 329.87 692.25 Td (a ) Tj ET Q q 0 0 0 rg BT 335.69 692.25 Td (press ) Tj ET Q q 0 0 0 rg BT 357.62 692.25 Td (release ) Tj ET Q q 0 0 0 rg BT 386.76 692.25 Td (announcing ) Tj ET Q q 0 0 0 rg BT 434.79 692.25 Td (that ) Tj ET Q q 0 0 0 rg BT 451.17 692.25 Td (the ) Tj ET Q q 0 0 0 rg BT 464.77 692.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 505.04 692.25 Td (has ) Tj ET Q q 0 0 0 rg BT 519.75 692.25 Td (sanctioned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.25 Td (a ) Tj ET Q q 0 0 0 rg BT 58.29 680.25 Td (CO) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 72.18 678.82 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.43 680.25 Td ( ) Tj ET Q q 0 0 0 rg BT 79.79 680.25 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 121.90 680.25 Td (oil ) Tj ET Q q 0 0 0 rg BT 136.81 680.25 Td (recovery ) Tj ET Q q 0 0 0 rg BT 176.14 680.25 Td (project ) Tj ET Q q 0 0 0 rg BT 208.26 680.25 Td (at ) Tj ET Q q 0 0 0 rg BT 219.83 680.25 Td (Cedar ) Tj ET Q q 0 0 0 rg BT 248.06 680.25 Td (Creek ) Tj ET Q q 0 0 0 rg BT 275.33 680.25 Td (Anticline ) Tj ET Q q 0 0 0 rg BT 316.90 680.25 Td (\(CCA\). ) Tj ET Q q 0 0 0 rg BT 359.85 680.25 Td ( ) Tj ET Q q 0 0 0 rg BT 364.20 680.25 Td (CCA) Tj ET Q q 0 0 0 rg BT 384.21 680.25 Td ( ) Tj ET Q q 0 0 0 rg BT 388.57 680.25 Td (is ) Tj ET Q q 0 0 0 rg BT 399.59 680.25 Td (a ) Tj ET Q q 0 0 0 rg BT 408.38 680.25 Td (massive ) Tj ET Q q 0 0 0 rg BT 444.96 680.25 Td (geological ) Tj ET Q q 0 0 0 rg BT 490.96 680.25 Td (feature ) Tj ET Q q 0 0 0 rg BT 523.07 680.25 Td (stretching ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.25 Td (approximately ) Tj ET Q q 0 0 0 rg BT 109.72 668.25 Td (125 ) Tj ET Q q 0 0 0 rg BT 127.19 668.25 Td (miles ) Tj ET Q q 0 0 0 rg BT 151.32 668.25 Td (in ) Tj ET Q q 0 0 0 rg BT 161.56 668.25 Td (length ) Tj ET Q q 0 0 0 rg BT 189.02 668.25 Td (across ) Tj ET Q q 0 0 0 rg BT 216.48 668.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 238.38 668.25 Td (of ) Tj ET Q q 0 0 0 rg BT 249.17 668.25 Td (Montana, ) Tj ET Q q 0 0 0 rg BT 289.69 668.25 Td (North ) Tj ET Q q 0 0 0 rg BT 315.48 668.25 Td (Dakota ) Tj ET Q q 0 0 0 rg BT 346.82 668.25 Td (and ) Tj ET Q q 0 0 0 rg BT 363.73 668.25 Td (South ) Tj ET Q q 0 0 0 rg BT 389.53 668.25 Td (Dakota. ) Tj ET Q q 0 0 0 rg BT 423.37 668.25 Td ( ) Tj ET Q q 0 0 0 rg BT 425.29 668.25 Td (A) Tj ET Q q 0 0 0 rg BT 431.96 668.25 Td ( ) Tj ET Q q 0 0 0 rg BT 434.43 668.25 Td (copy ) Tj ET Q q 0 0 0 rg BT 456.33 668.25 Td (of ) Tj ET Q q 0 0 0 rg BT 467.13 668.25 Td (the ) Tj ET Q q 0 0 0 rg BT 481.81 668.25 Td (press ) Tj ET Q q 0 0 0 rg BT 504.83 668.25 Td (release ) Tj ET Q q 0 0 0 rg BT 535.04 668.25 Td (is ) Tj ET Q q 0 0 0 rg BT 544.18 668.25 Td (filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.25 Td (as ) Tj ET Q q 0 0 0 rg BT 60.33 656.25 Td (Exhibit ) Tj ET Q q 0 0 0 rg BT 92.27 656.25 Td (99.1 ) Tj ET Q q 0 0 0 rg BT 112.27 656.25 Td (hereto.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 632.25 Td (The ) Tj ET Q q 0 0 0 rg BT 85.33 632.25 Td (information ) Tj ET Q q 0 0 0 rg BT 134.82 632.25 Td (furnished ) Tj ET Q q 0 0 0 rg BT 174.88 632.25 Td (in ) Tj ET Q q 0 0 0 rg BT 184.94 632.25 Td (this ) Tj ET Q q 0 0 0 rg BT 201.67 632.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 222.28 632.25 Td (7.01 ) Tj ET Q q 0 0 0 rg BT 242.06 632.25 Td (shall ) Tj ET Q q 0 0 0 rg BT 263.23 632.25 Td (not ) Tj ET Q q 0 0 0 rg BT 278.29 632.25 Td (be ) Tj ET Q q 0 0 0 rg BT 290.01 632.25 Td (deemed ) Tj ET Q q 0 0 0 rg BT 323.39 632.25 Td (filed ) Tj ET Q q 0 0 0 rg BT 352.87 632.25 Td (for ) Tj ET Q q 0 0 0 rg BT 366.81 632.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 404.65 632.25 Td (of ) Tj ET Q q 0 0 0 rg BT 415.26 632.25 Td (the ) Tj ET Q q 0 0 0 rg BT 429.76 632.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 471.48 632.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 512.68 632.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 529.40 632.25 Td (of ) Tj ET Q q 0 0 0 rg BT 540.01 632.25 Td (1934, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.25 Td (as ) Tj ET Q q 0 0 0 rg BT 60.48 620.25 Td (amended ) Tj ET Q q 0 0 0 rg BT 99.22 620.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 117.41 620.25 Td (1934 ) Tj ET Q q 0 0 0 rg BT 143.92 620.25 Td (Act\), ) Tj ET Q q 0 0 0 rg BT 171.27 620.25 Td (and ) Tj ET Q q 0 0 0 rg BT 188.36 620.25 Td (shall ) Tj ET Q q 0 0 0 rg BT 209.89 620.25 Td (not ) Tj ET Q q 0 0 0 rg BT 225.32 620.25 Td (be ) Tj ET Q q 0 0 0 rg BT 237.41 620.25 Td (deemed ) Tj ET Q q 0 0 0 rg BT 271.15 620.25 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 324.33 620.25 Td (by ) Tj ET Q q 0 0 0 rg BT 336.98 620.25 Td (reference ) Tj ET Q q 0 0 0 rg BT 376.81 620.25 Td (in ) Tj ET Q q 0 0 0 rg BT 387.23 620.25 Td (any ) Tj ET Q q 0 0 0 rg BT 404.32 620.25 Td (filing ) Tj ET Q q 0 0 0 rg BT 428.63 620.25 Td (with ) Tj ET Q q 0 0 0 rg BT 449.06 620.25 Td (the ) Tj ET Q q 0 0 0 rg BT 463.92 620.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 506.00 620.25 Td (and ) Tj ET Q q 0 0 0 rg BT 523.09 620.25 Td (Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 608.25 Td (Commission, ) Tj ET Q q 0 0 0 rg BT 106.22 608.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 142.08 608.25 Td (or ) Tj ET Q q 0 0 0 rg BT 154.07 608.25 Td (not ) Tj ET Q q 0 0 0 rg BT 170.50 608.25 Td (filed ) Tj ET Q q 0 0 0 rg BT 192.48 608.25 Td (under ) Tj ET Q q 0 0 0 rg BT 218.90 608.25 Td (the ) Tj ET Q q 0 0 0 rg BT 234.78 608.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 277.06 608.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 295.15 608.25 Td (of ) Tj ET Q q 0 0 0 rg BT 307.14 608.25 Td (1933, ) Tj ET Q q 0 0 0 rg BT 333.29 608.25 Td (as ) Tj ET Q q 0 0 0 rg BT 345.28 608.25 Td (amended, ) Tj ET Q q 0 0 0 rg BT 387.52 608.25 Td (or ) Tj ET Q q 0 0 0 rg BT 399.51 608.25 Td (the ) Tj ET Q q 0 0 0 rg BT 415.38 608.25 Td (1934 ) Tj ET Q q 0 0 0 rg BT 438.23 608.25 Td (Act, ) Tj ET Q q 0 0 0 rg BT 458.82 608.25 Td (regardless ) Tj ET Q q 0 0 0 rg BT 503.01 608.25 Td (of ) Tj ET Q q 0 0 0 rg BT 515.00 608.25 Td (any ) Tj ET Q q 0 0 0 rg BT 533.09 608.25 Td (general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 596.25 Td (incorporation ) Tj ET Q q 0 0 0 rg BT 105.87 596.25 Td (language ) Tj ET Q q 0 0 0 rg BT 144.47 596.25 Td (in ) Tj ET Q q 0 0 0 rg BT 154.74 596.25 Td (any ) Tj ET Q q 0 0 0 rg BT 171.68 596.25 Td (such ) Tj ET Q q 0 0 0 rg BT 192.51 596.25 Td (document.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 560.25 Td (Section ) Tj ET Q q 0 0 0 rg BT 83.11 560.25 Td (9 ) Tj ET Q q 0 0 0 rg BT 90.61 560.25 Td ( ) Tj ET Q q 0 0 0 rg BT 98.11 560.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 140.61 560.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 190.33 560.25 Td (and ) Tj ET Q q 0 0 0 rg BT 208.95 560.25 Td (Exhibits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 536.25 Td (Item 9.01 Financial Statements and Exhibits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.25 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 512.25 Td (Exhibits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 488.25 Td (The following exhibitis furnished in accordance with the provisions of Item 601 of Regulation S-K:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 68 454.75 m 113 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 143 454.75 m 559 454.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.15 468.48 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.30 458.48 Td (Number) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 459.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 145.50 459.43 Td (Description) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.75 445.32 Td (99.1*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.50 445.32 Td (Denbury Press Release, dated June 18, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.68 445.32 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 404.25 Td (* ) Tj ET Q q 0 0 0 rg BT 85.50 404.25 Td (Included herewith.) Tj ET Q endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 30.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 740.25 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.78 740.25 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 716.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 275.55 716.25 Td (Act of 1934, the registrant has duly caused this report to be signed on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.25 Td (its behalf by the undersigned hereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 633.75 m 562 633.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 672.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.50 672.48 Td (Denbury Resour) Tj ET Q q 0 0 0 rg BT 289.15 672.48 Td (ces Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 218.50 662.31 Td (\(Registrant\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 652.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 638.32 Td (Date: June 18, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 638.32 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.50 638.32 Td (/s/ James S. Matthews) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 624.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 624.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.50 624.32 Td (James S. Matthews) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 610.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 610.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.50 610.32 Td (Executive ) Tj ET Q q 0 0 0 rg BT 338.80 610.32 Td (V) Tj ET Q q 0 0 0 rg BT 345.42 610.32 Td (ice President, Chief ) Tj ET Q q 0 0 0 rg BT 425.96 610.32 Td (Administrative Of) Tj ET Q q 0 0 0 rg BT 498.82 610.32 Td (ficer) Tj ET Q q 0 0 0 rg BT 516.73 610.32 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.50 600.32 Td (General Counsel and Secretary) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 30.60 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.15 740.25 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.70 740.25 Td (T) Tj ET Q q 0 0 0 rg BT 297.19 740.25 Td (O EXHIBITS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 694.75 m 95 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 125 694.75 m 562 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 125 694.75 m 562 694.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.15 708.48 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.30 698.48 Td (Number) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.50 699.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.50 699.43 Td (Description) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.25 685.32 Td (99.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.50 685.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 685.32 Td (Denbury Press Release, dated June 18, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.68 685.32 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET BT /F4 20.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.35294117647058826 0.5098039215686274 0.27450980392156865 rg BT 50.00 702.70 Td (News) Tj ET Q BT /F5 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 182.30 682.85 Td (DENBUR) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 241.67 682.85 Td (Y) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 250.76 682.85 Td ( RESOURCES SANCTIONS) Tj ET Q BT /F5 14.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 128.30 666.05 Td (CEDAR CREEK ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 234.35 666.05 Td (ANTICLINE CO) Tj ET Q BT /F5 14.00 Tf ET BT /F5 9.10 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 333.90 664.12 Td (2) Tj ET Q BT /F5 14.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 338.96 666.05 Td ( EOR DEVELOPMENT) Tj ET Q BT /F5 11.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 630.10 Td (PLANO, ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 133.21 630.10 Td (TX) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 147.26 630.10 Td ( ) Tj ET Q q 0 0 0 rg BT 148.92 630.10 Td ( ) Tj ET Q q 0 0 0 rg BT 156.69 630.10 Td (June ) Tj ET Q q 0 0 0 rg BT 182.19 630.10 Td (18, ) Tj ET Q q 0 0 0 rg BT 199.13 630.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 225.26 630.10 Td ( ) Tj ET Q q 0 0 0 rg BT 233.03 630.10 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 276.26 630.10 Td (Resources ) Tj ET Q q 0 0 0 rg BT 330.48 630.10 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 349.87 630.10 Td (\(NYSE: ) Tj ET Q q 0 0 0 rg BT 388.19 630.10 Td (DNR\) ) Tj ET Q q 0 0 0 rg BT 417.34 630.10 Td (\(Denbury ) Tj ET Q q 0 0 0 rg BT 471.56 630.10 Td (or ) Tj ET Q q 0 0 0 rg BT 482.99 630.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.93 630.10 Td (Company\) ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 610.95 Td (today ) Tj ET Q q 0 0 0 rg BT 83.06 610.95 Td (announced ) Tj ET Q q 0 0 0 rg BT 139.65 610.95 Td (that ) Tj ET Q q 0 0 0 rg BT 160.15 610.95 Td (the ) Tj ET Q q 0 0 0 rg BT 177.59 610.95 Td (Company ) Tj ET Q q 0 0 0 rg BT 226.82 610.95 Td (has ) Tj ET Q q 0 0 0 rg BT 246.71 610.95 Td (sanctioned ) Tj ET Q q 0 0 0 rg BT 302.06 610.95 Td (a ) Tj ET Q q 0 0 0 rg BT 310.33 610.95 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 326.83 609.43 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 330.81 610.95 Td ( ) Tj ET Q q 0 0 0 rg BT 332.96 610.95 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 383.43 610.95 Td (oil ) Tj ET Q q 0 0 0 rg BT 396.59 610.95 Td (recovery ) Tj ET Q q 0 0 0 rg BT 440.92 610.95 Td (\(EOR\) ) Tj ET Q q 0 0 0 rg BT 481.56 610.95 Td (project ) Tj ET Q q 0 0 0 rg BT 516.72 610.95 Td (at ) Tj ET Q q 0 0 0 rg BT 528.05 610.95 Td (Cedar ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 591.80 Td (Creek ) Tj ET Q q 0 0 0 rg BT 85.11 591.80 Td (Anticline ) Tj ET Q q 0 0 0 rg BT 128.89 591.80 Td (\(CCA\). ) Tj ET Q q 0 0 0 rg BT 172.03 591.80 Td ( ) Tj ET Q q 0 0 0 rg BT 174.23 591.80 Td (CCA) Tj ET Q q 0 0 0 rg BT 196.85 591.80 Td ( ) Tj ET Q q 0 0 0 rg BT 199.05 591.80 Td (is ) Tj ET Q q 0 0 0 rg BT 209.20 591.80 Td (a ) Tj ET Q q 0 0 0 rg BT 217.52 591.80 Td (massive ) Tj ET Q q 0 0 0 rg BT 260.07 591.80 Td (geological ) Tj ET Q q 0 0 0 rg BT 311.81 591.80 Td (feature ) Tj ET Q q 0 0 0 rg BT 348.26 591.80 Td (stretching ) Tj ET Q q 0 0 0 rg BT 398.16 591.80 Td (approximately ) Tj ET Q q 0 0 0 rg BT 468.84 591.80 Td (125 ) Tj ET Q q 0 0 0 rg BT 489.39 591.80 Td (miles ) Tj ET Q q 0 0 0 rg BT 517.27 591.80 Td (in ) Tj ET Q q 0 0 0 rg BT 528.03 591.80 Td (length ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 572.65 Td (across ) Tj ET Q q 0 0 0 rg BT 88.38 572.65 Td (parts ) Tj ET Q q 0 0 0 rg BT 114.82 572.65 Td (of ) Tj ET Q q 0 0 0 rg BT 125.97 572.65 Td (Montana, ) Tj ET Q q 0 0 0 rg BT 173.82 572.65 Td (North ) Tj ET Q q 0 0 0 rg BT 202.70 572.65 Td (Dakota ) Tj ET Q q 0 0 0 rg BT 239.53 572.65 Td (and ) Tj ET Q q 0 0 0 rg BT 259.87 572.65 Td (South ) Tj ET Q q 0 0 0 rg BT 290.60 572.65 Td (Dakota. ) Tj ET Q q 0 0 0 rg BT 330.49 572.65 Td ( ) Tj ET Q q 0 0 0 rg BT 332.47 572.65 Td (Denbury) Tj ET Q q 0 0 0 rg BT 376.29 572.65 Td (s ) Tj ET Q q 0 0 0 rg BT 383.77 572.65 Td (portion ) Tj ET Q q 0 0 0 rg BT 419.39 572.65 Td (of ) Tj ET Q q 0 0 0 rg BT 430.55 572.65 Td (CCA) Tj ET Q q 0 0 0 rg BT 453.16 572.65 Td ( ) Tj ET Q q 0 0 0 rg BT 455.15 572.65 Td (covers ) Tj ET Q q 0 0 0 rg BT 489.53 572.65 Td (approximately ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 553.55 Td (175,000 ) Tj ET Q q 0 0 0 rg BT 96.82 553.55 Td (acres ) Tj ET Q q 0 0 0 rg BT 126.77 553.55 Td (and ) Tj ET Q q 0 0 0 rg BT 148.18 553.55 Td (is ) Tj ET Q q 0 0 0 rg BT 159.18 553.55 Td (estimated ) Tj ET Q q 0 0 0 rg BT 209.93 553.55 Td (to ) Tj ET Q q 0 0 0 rg BT 222.16 553.55 Td (hold ) Tj ET Q q 0 0 0 rg BT 246.01 553.55 Td (up ) Tj ET Q q 0 0 0 rg BT 261.30 553.55 Td (to ) Tj ET Q q 0 0 0 rg BT 273.53 553.55 Td (five ) Tj ET Q q 0 0 0 rg BT 293.71 553.55 Td (billion ) Tj ET Q q 0 0 0 rg BT 324.89 553.55 Td (barrels ) Tj ET Q q 0 0 0 rg BT 361.57 553.55 Td (of ) Tj ET Q q 0 0 0 rg BT 373.80 553.55 Td (original ) Tj ET Q q 0 0 0 rg BT 412.32 553.55 Td (oil ) Tj ET Q q 0 0 0 rg BT 426.38 553.55 Td (in ) Tj ET Q q 0 0 0 rg BT 438.00 553.55 Td (place.) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 54.00 515.25 Td (KEY) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 76.42 515.25 Td ( ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 79.48 515.25 Td (PROJECT ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 134.49 515.25 Td (HIGHLIGHTS:) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 72.00 496.10 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 496.10 Td (T) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 95.90 496.10 Td (argets ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 134.36 496.10 Td (EOR ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 163.65 496.10 Td (potential ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 214.92 496.10 Td (greater ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 257.67 496.10 Td (than ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 286.33 496.10 Td (400 ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 310.13 496.10 Td (million ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 351.02 496.10 Td (barrels, ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 396.21 496.10 Td (with ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 423.65 496.10 Td (initial ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 457.82 496.10 Td (tertiary ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 500.57 496.10 Td (production ) Tj ET Q BT /F5 11.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 476.95 Td (expected ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 140.75 476.95 Td (by ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 156.64 476.95 Td (late ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 178.65 476.95 Td (2021 ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 206.18 476.95 Td (or ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 220.23 476.95 Td (early ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 248.98 476.95 Td (2022) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 72.00 457.85 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 457.85 Td (Modest ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 133.12 457.85 Td (capital ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 172.59 457.85 Td (to ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 187.60 457.85 Td (first ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 213.00 457.85 Td (tertiary ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 254.93 457.85 Td (production ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 316.98 457.85 Td (of ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 331.99 457.85 Td (approximately ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 411.19 457.85 Td ($250 ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 440.29 457.85 Td (million ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 480.36 457.85 Td (\(including ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 537.52 457.85 Td (CO) Tj ET Q BT /F5 11.00 Tf ET BT /F5 7.15 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 554.02 456.33 Td (2) Tj ET Q BT /F5 11.00 Tf ET BT /F5 11.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 438.70 Td (pipeline\) ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 138.28 438.70 Td (can ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 160.29 438.70 Td (be ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 176.18 438.70 Td (funded ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 215.90 438.70 Td (with ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 240.95 438.70 Td (cash ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 269.08 438.70 Td (flow) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 72.00 419.55 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 419.55 Td (First ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 117.58 419.55 Td (two ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 140.25 419.55 Td (project ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 180.66 419.55 Td (phases ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 222.31 419.55 Td (are ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 242.57 419.55 Td (estimated ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 297.66 419.55 Td (to ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 311.78 419.55 Td (generate ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 361.37 419.55 Td ($3 ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 377.34 419.55 Td (billion ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 413.46 419.55 Td (of ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 427.58 419.55 Td (cumulative ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 488.79 419.55 Td (net ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 509.03 419.55 Td (free ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 532.94 419.55 Td (cash ) Tj ET Q BT /F5 11.00 Tf ET q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 400.40 Td (flow ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 115.05 400.40 Td (at ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 127.89 400.40 Td ($60 ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 149.30 400.40 Td (oil) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 90.00 362.15 Td (Chris ) Tj ET Q q 0 0 0 rg BT 117.49 362.15 Td (Kendall, ) Tj ET Q q 0 0 0 rg BT 159.06 362.15 Td (Denbury) Tj ET Q q 0 0 0 rg BT 202.89 362.15 Td (s ) Tj ET Q q 0 0 0 rg BT 210.21 362.15 Td (President ) Tj ET Q q 0 0 0 rg BT 258.50 362.15 Td (and ) Tj ET Q q 0 0 0 rg BT 278.68 362.15 Td (CEO, ) Tj ET Q q 0 0 0 rg BT 307.39 362.15 Td (commented, ) Tj ET Q q 0 0 0 rg BT 369.74 362.15 Td (The ) Tj ET Q q 0 0 0 rg BT 394.18 362.15 Td (decision ) Tj ET Q q 0 0 0 rg BT 436.36 362.15 Td (to ) Tj ET Q q 0 0 0 rg BT 447.36 362.15 Td (sanction ) Tj ET Q q 0 0 0 rg BT 490.15 362.15 Td (this ) Tj ET Q q 0 0 0 rg BT 509.09 362.15 Td (significant ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 343.00 Td (project ) Tj ET Q q 0 0 0 rg BT 90.61 343.00 Td (marks ) Tj ET Q q 0 0 0 rg BT 124.16 343.00 Td (a ) Tj ET Q q 0 0 0 rg BT 133.87 343.00 Td (major ) Tj ET Q q 0 0 0 rg BT 164.97 343.00 Td (milestone ) Tj ET Q q 0 0 0 rg BT 215.65 343.00 Td (for ) Tj ET Q q 0 0 0 rg BT 232.08 343.00 Td (the ) Tj ET Q q 0 0 0 rg BT 250.97 343.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 301.65 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 323.60 343.00 Td (highlights ) Tj ET Q q 0 0 0 rg BT 373.67 343.00 Td (our ) Tj ET Q q 0 0 0 rg BT 393.17 343.00 Td (confidence ) Tj ET Q q 0 0 0 rg BT 449.97 343.00 Td (in ) Tj ET Q q 0 0 0 rg BT 462.13 343.00 Td (the ) Tj ET Q q 0 0 0 rg BT 481.02 343.00 Td (significant ) Tj ET Q q 0 0 0 rg BT 533.53 343.00 Td (long-) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 323.85 Td (term ) Tj ET Q q 0 0 0 rg BT 79.13 323.85 Td (oil ) Tj ET Q q 0 0 0 rg BT 93.27 323.85 Td (production ) Tj ET Q q 0 0 0 rg BT 147.77 323.85 Td (and ) Tj ET Q q 0 0 0 rg BT 169.25 323.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 195.62 323.85 Td (flow ) Tj ET Q q 0 0 0 rg BT 218.31 323.85 Td (potential ) Tj ET Q q 0 0 0 rg BT 263.03 323.85 Td (of ) Tj ET Q q 0 0 0 rg BT 275.33 323.85 Td (this ) Tj ET Q q 0 0 0 rg BT 295.58 323.85 Td (key ) Tj ET Q q 0 0 0 rg BT 315.83 323.85 Td (asset. ) Tj ET Q q 0 0 0 rg BT 348.31 323.85 Td ( ) Tj ET Q q 0 0 0 rg BT 351.44 323.85 Td (Over ) Tj ET Q q 0 0 0 rg BT 378.41 323.85 Td (the ) Tj ET Q q 0 0 0 rg BT 396.83 323.85 Td (last ) Tj ET Q q 0 0 0 rg BT 417.08 323.85 Td (few ) Tj ET Q q 0 0 0 rg BT 437.33 323.85 Td (years, ) Tj ET Q q 0 0 0 rg BT 470.41 323.85 Td (the ) Tj ET Q q 0 0 0 rg BT 488.83 323.85 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 533.54 323.85 Td (team ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 304.70 Td (has ) Tj ET Q q 0 0 0 rg BT 74.80 304.70 Td (worked ) Tj ET Q q 0 0 0 rg BT 113.33 304.70 Td (diligently ) Tj ET Q q 0 0 0 rg BT 159.20 304.70 Td (to ) Tj ET Q q 0 0 0 rg BT 171.44 304.70 Td (prepare ) Tj ET Q q 0 0 0 rg BT 212.43 304.70 Td (this ) Tj ET Q q 0 0 0 rg BT 232.61 304.70 Td (project ) Tj ET Q q 0 0 0 rg BT 268.69 304.70 Td (for ) Tj ET Q q 0 0 0 rg BT 284.60 304.70 Td (execution, ) Tj ET Q q 0 0 0 rg BT 337.81 304.70 Td (capitalizing ) Tj ET Q q 0 0 0 rg BT 395.30 304.70 Td (on ) Tj ET Q q 0 0 0 rg BT 410.60 304.70 Td (our ) Tj ET Q q 0 0 0 rg BT 429.57 304.70 Td (vast ) Tj ET Q q 0 0 0 rg BT 452.81 304.70 Td (EOR ) Tj ET Q q 0 0 0 rg BT 479.72 304.70 Td (experience, ) Tj ET Q q 0 0 0 rg BT 539.65 304.70 Td (and ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 285.55 Td (I ) Tj ET Q q 0 0 0 rg BT 60.11 285.55 Td (am ) Tj ET Q q 0 0 0 rg BT 78.45 285.55 Td (proud ) Tj ET Q q 0 0 0 rg BT 109.64 285.55 Td (of ) Tj ET Q q 0 0 0 rg BT 121.87 285.55 Td (all ) Tj ET Q q 0 0 0 rg BT 135.93 285.55 Td (the ) Tj ET Q q 0 0 0 rg BT 154.28 285.55 Td (ef) Tj ET Q q 0 0 0 rg BT 163.25 285.55 Td (forts ) Tj ET Q q 0 0 0 rg BT 187.70 285.55 Td (that ) Tj ET Q q 0 0 0 rg BT 209.11 285.55 Td (made ) Tj ET Q q 0 0 0 rg BT 239.68 285.55 Td (the ) Tj ET Q q 0 0 0 rg BT 258.03 285.55 Td (sanctioning ) Tj ET Q q 0 0 0 rg BT 316.73 285.55 Td (of ) Tj ET Q q 0 0 0 rg BT 328.96 285.55 Td (this ) Tj ET Q q 0 0 0 rg BT 349.14 285.55 Td (project ) Tj ET Q q 0 0 0 rg BT 385.21 285.55 Td (possible.) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 257.75 Td (W) Tj ET Q q 0 0 0 rg BT 103.85 257.75 Td (e ) Tj ET Q q 0 0 0 rg BT 112.99 257.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 148.43 257.75 Td (this ) Tj ET Q q 0 0 0 rg BT 168.57 257.75 Td (project ) Tj ET Q q 0 0 0 rg BT 204.62 257.75 Td (could ) Tj ET Q q 0 0 0 rg BT 233.94 257.75 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 283.43 257.75 Td (produce ) Tj ET Q q 0 0 0 rg BT 326.21 257.75 Td (more ) Tj ET Q q 0 0 0 rg BT 354.30 257.75 Td (than ) Tj ET Q q 0 0 0 rg BT 378.74 257.75 Td (400 ) Tj ET Q q 0 0 0 rg BT 400.12 257.75 Td (million ) Tj ET Q q 0 0 0 rg BT 434.32 257.75 Td (barrels ) Tj ET Q q 0 0 0 rg BT 470.97 257.75 Td (of ) Tj ET Q q 0 0 0 rg BT 483.17 257.75 Td (oil ) Tj ET Q q 0 0 0 rg BT 497.21 257.75 Td (through ) Tj ET Q q 0 0 0 rg BT 537.54 257.75 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 554.04 256.23 Td (2) Tj ET Q BT /F6 11.00 Tf ET BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 238.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 104.85 238.60 Td (oil ) Tj ET Q q 0 0 0 rg BT 118.39 238.60 Td (recovery) Tj ET Q q 0 0 0 rg BT 159.75 238.60 Td (, ) Tj ET Q q 0 0 0 rg BT 165.34 238.60 Td (much ) Tj ET Q q 0 0 0 rg BT 194.77 238.60 Td (greater ) Tj ET Q q 0 0 0 rg BT 232.15 238.60 Td (than ) Tj ET Q q 0 0 0 rg BT 256.09 238.60 Td (Denbury) Tj ET Q q 0 0 0 rg BT 299.92 238.60 Td (s ) Tj ET Q q 0 0 0 rg BT 307.95 238.60 Td (entire ) Tj ET Q q 0 0 0 rg BT 337.99 238.60 Td (current ) Tj ET Q q 0 0 0 rg BT 374.76 238.60 Td (proved ) Tj ET Q q 0 0 0 rg BT 410.92 238.60 Td (reserves ) Tj ET Q q 0 0 0 rg BT 455.63 238.60 Td (base ) Tj ET Q q 0 0 0 rg BT 482.02 238.60 Td (and ) Tj ET Q q 0 0 0 rg BT 502.90 238.60 Td (is ) Tj ET Q q 0 0 0 rg BT 513.38 238.60 Td (attractive ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 219.45 Td (at ) Tj ET Q q 0 0 0 rg BT 66.23 219.45 Td ($50 ) Tj ET Q q 0 0 0 rg BT 87.64 219.45 Td (oil. ) Tj ET Q q 0 0 0 rg BT 104.76 219.45 Td ( ) Tj ET Q q 0 0 0 rg BT 107.81 219.45 Td (I ) Tj ET Q q 0 0 0 rg BT 113.93 219.45 Td (believe ) Tj ET Q q 0 0 0 rg BT 151.84 219.45 Td (CCA) Tj ET Q q 0 0 0 rg BT 174.46 219.45 Td ( ) Tj ET Q q 0 0 0 rg BT 177.51 219.45 Td (will ) Tj ET Q q 0 0 0 rg BT 195.85 219.45 Td (deliver ) Tj ET Q q 0 0 0 rg BT 231.31 219.45 Td (significant ) Tj ET Q q 0 0 0 rg BT 283.28 219.45 Td (value ) Tj ET Q q 0 0 0 rg BT 312.63 219.45 Td (to ) Tj ET Q q 0 0 0 rg BT 324.86 219.45 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 369.49 219.45 Td (and ) Tj ET Q q 0 0 0 rg BT 390.90 219.45 Td (our ) Tj ET Q q 0 0 0 rg BT 409.86 219.45 Td (stakeholders ) Tj ET Q q 0 0 0 rg BT 475.28 219.45 Td (for ) Tj ET Q q 0 0 0 rg BT 491.17 219.45 Td (many ) Tj ET Q q 0 0 0 rg BT 521.13 219.45 Td (years.) Tj ET Q /GS0 gs q 512.00 0 0 48.37 50.00 722.70 cm /I7 Do Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F6 11.00 Tf ET q 0 0 0 rg BT 302.90 28.30 Td (2) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 54.00 739.00 Td (PLANNED ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 110.22 739.00 Td (DEVELOPMENT ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 197.01 739.00 Td (SUMMAR) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 246.10 739.00 Td (Y) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 72.00 711.20 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 711.20 Td (Phase ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 126.55 711.20 Td (1) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 132.67 711.20 Td ( ) Tj ET Q q 0 0 0 rg BT 136.81 711.20 Td (of ) Tj ET Q q 0 0 0 rg BT 150.13 711.20 Td (the ) Tj ET Q q 0 0 0 rg BT 169.56 711.20 Td (project ) Tj ET Q q 0 0 0 rg BT 206.72 711.20 Td (targets ) Tj ET Q q 0 0 0 rg BT 244.49 711.20 Td (30 ) Tj ET Q q 0 0 0 rg BT 260.87 711.20 Td (million ) Tj ET Q q 0 0 0 rg BT 296.19 711.20 Td (barrels ) Tj ET Q q 0 0 0 rg BT 333.95 711.20 Td (of ) Tj ET Q q 0 0 0 rg BT 347.27 711.20 Td (estimated ) Tj ET Q q 0 0 0 rg BT 399.10 711.20 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 460.72 711.20 Td (oil ) Tj ET Q q 0 0 0 rg BT 475.87 711.20 Td (in ) Tj ET Q q 0 0 0 rg BT 488.57 711.20 Td (the ) Tj ET Q q 0 0 0 rg BT 508.01 711.20 Td (Red ) Tj ET Q q 0 0 0 rg BT 532.33 711.20 Td (River ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 692.05 Td (formation ) Tj ET Q q 0 0 0 rg BT 138.91 692.05 Td (at ) Tj ET Q q 0 0 0 rg BT 151.14 692.05 Td (East ) Tj ET Q q 0 0 0 rg BT 176.21 692.05 Td (Lookout ) Tj ET Q q 0 0 0 rg BT 218.41 692.05 Td (Butte ) Tj ET Q q 0 0 0 rg BT 247.15 692.05 Td (and ) Tj ET Q q 0 0 0 rg BT 268.56 692.05 Td (Cedar ) Tj ET Q q 0 0 0 rg BT 301.57 692.05 Td (Hills ) Tj ET Q q 0 0 0 rg BT 325.40 692.05 Td (South ) Tj ET Q q 0 0 0 rg BT 357.21 692.05 Td (fields.) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 670.53 cm /I8 Do Q q 0 0 0 rg BT 95.00 672.90 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 672.90 Td (Includes ) Tj ET Q q 0 0 0 rg BT 151.09 672.90 Td (a ) Tj ET Q q 0 0 0 rg BT 159.34 672.90 Td (1) Tj ET Q q 0 0 0 rg BT 164.64 672.90 Td (10-mile, ) Tj ET Q q 0 0 0 rg BT 205.88 672.90 Td ($150 ) Tj ET Q q 0 0 0 rg BT 232.48 672.90 Td (million ) Tj ET Q q 0 0 0 rg BT 265.77 672.90 Td (extension ) Tj ET Q q 0 0 0 rg BT 314.99 672.90 Td (of ) Tj ET Q q 0 0 0 rg BT 326.28 672.90 Td (the ) Tj ET Q q 0 0 0 rg BT 343.70 672.90 Td (Greencore ) Tj ET Q q 0 0 0 rg BT 397.79 672.90 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 414.29 671.38 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 418.27 672.90 Td ( ) Tj ET Q q 0 0 0 rg BT 420.39 672.90 Td (Pipeline ) Tj ET Q q 0 0 0 rg BT 461.66 672.90 Td (from ) Tj ET Q q 0 0 0 rg BT 485.78 672.90 Td (the ) Tj ET Q q 0 0 0 rg BT 503.19 672.90 Td (Company) Tj ET Q q 0 0 0 rg BT 552.52 672.90 Td (s ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 653.75 Td (Bell ) Tj ET Q q 0 0 0 rg BT 128.99 653.75 Td (Creek ) Tj ET Q q 0 0 0 rg BT 160.98 653.75 Td (Field, ) Tj ET Q q 0 0 0 rg BT 190.53 653.75 Td (which ) Tj ET Q q 0 0 0 rg BT 221.30 653.75 Td (will ) Tj ET Q q 0 0 0 rg BT 239.23 653.75 Td (benefit ) Tj ET Q q 0 0 0 rg BT 274.90 653.75 Td (all ) Tj ET Q q 0 0 0 rg BT 288.56 653.75 Td (future ) Tj ET Q q 0 0 0 rg BT 319.33 653.75 Td (CCA) Tj ET Q q 0 0 0 rg BT 341.95 653.75 Td ( ) Tj ET Q q 0 0 0 rg BT 344.60 653.75 Td (EOR ) Tj ET Q q 0 0 0 rg BT 371.09 653.75 Td (development, ) Tj ET Q q 0 0 0 rg BT 439.78 653.75 Td (and ) Tj ET Q q 0 0 0 rg BT 460.78 653.75 Td (equates ) Tj ET Q q 0 0 0 rg BT 502.57 653.75 Td (to ) Tj ET Q q 0 0 0 rg BT 514.40 653.75 Td (less ) Tj ET Q q 0 0 0 rg BT 536.61 653.75 Td (than ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 634.60 Td ($0.50 ) Tj ET Q q 0 0 0 rg BT 138.58 634.60 Td (per ) Tj ET Q q 0 0 0 rg BT 157.54 634.60 Td (barrel ) Tj ET Q q 0 0 0 rg BT 188.72 634.60 Td (across ) Tj ET Q q 0 0 0 rg BT 224.17 634.60 Td (the ) Tj ET Q q 0 0 0 rg BT 242.52 634.60 Td (total ) Tj ET Q q 0 0 0 rg BT 266.37 634.60 Td (potential ) Tj ET Q q 0 0 0 rg BT 311.01 634.60 Td (CCA) Tj ET Q q 0 0 0 rg BT 333.63 634.60 Td ( ) Tj ET Q q 0 0 0 rg BT 336.69 634.60 Td (EOR ) Tj ET Q q 0 0 0 rg BT 363.58 634.60 Td (resource.) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 613.13 cm /I9 Do Q q 0 0 0 rg BT 95.00 615.50 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 615.50 Td (Estimated ) Tj ET Q q 0 0 0 rg BT 159.42 615.50 Td (field ) Tj ET Q q 0 0 0 rg BT 182.10 615.50 Td (development ) Tj ET Q q 0 0 0 rg BT 247.60 615.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 281.91 615.50 Td (\(in ) Tj ET Q q 0 0 0 rg BT 296.64 615.50 Td (addition ) Tj ET Q q 0 0 0 rg BT 337.68 615.50 Td (to ) Tj ET Q q 0 0 0 rg BT 349.36 615.50 Td (the ) Tj ET Q q 0 0 0 rg BT 367.16 615.50 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 383.66 613.98 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 387.64 615.50 Td ( ) Tj ET Q q 0 0 0 rg BT 390.15 615.50 Td (pipeline\) ) Tj ET Q q 0 0 0 rg BT 434.24 615.50 Td (of ) Tj ET Q q 0 0 0 rg BT 445.92 615.50 Td ($100 ) Tj ET Q q 0 0 0 rg BT 472.90 615.50 Td (million ) Tj ET Q q 0 0 0 rg BT 506.58 615.50 Td (before ) Tj ET Q q 0 0 0 rg BT 540.28 615.50 Td (first ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 596.35 Td (tertiary ) Tj ET Q q 0 0 0 rg BT 144.47 596.35 Td (production, ) Tj ET Q q 0 0 0 rg BT 201.74 596.35 Td (and ) Tj ET Q q 0 0 0 rg BT 222.95 596.35 Td (an ) Tj ET Q q 0 0 0 rg BT 238.03 596.35 Td (estimated ) Tj ET Q q 0 0 0 rg BT 288.57 596.35 Td ($400 ) Tj ET Q q 0 0 0 rg BT 315.89 596.35 Td (million ) Tj ET Q q 0 0 0 rg BT 349.92 596.35 Td (of ) Tj ET Q q 0 0 0 rg BT 361.94 596.35 Td (total ) Tj ET Q q 0 0 0 rg BT 385.58 596.35 Td (capital ) Tj ET Q q 0 0 0 rg BT 420.23 596.35 Td (over ) Tj ET Q q 0 0 0 rg BT 444.48 596.35 Td (a ) Tj ET Q q 0 0 0 rg BT 453.45 596.35 Td (15-year ) Tj ET Q q 0 0 0 rg BT 493.59 596.35 Td (period. ) Tj ET Q q 0 0 0 rg BT 530.08 596.35 Td ( ) Tj ET Q q 0 0 0 rg BT 532.93 596.35 Td (Peak ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 577.20 Td (capital ) Tj ET Q q 0 0 0 rg BT 142.37 577.20 Td (investment ) Tj ET Q q 0 0 0 rg BT 198.14 577.20 Td (is ) Tj ET Q q 0 0 0 rg BT 208.66 577.20 Td (expected ) Tj ET Q q 0 0 0 rg BT 255.88 577.20 Td (in ) Tj ET Q q 0 0 0 rg BT 267.02 577.20 Td (2019 ) Tj ET Q q 0 0 0 rg BT 294.06 577.20 Td (at ) Tj ET Q q 0 0 0 rg BT 305.81 577.20 Td ($125 ) Tj ET Q q 0 0 0 rg BT 332.86 577.20 Td ( ) Tj ET Q q 0 0 0 rg BT 341.55 577.20 Td ($150 ) Tj ET Q q 0 0 0 rg BT 368.60 577.20 Td (million, ) Tj ET Q q 0 0 0 rg BT 405.40 577.20 Td (mainly ) Tj ET Q q 0 0 0 rg BT 439.76 577.20 Td (for ) Tj ET Q q 0 0 0 rg BT 455.18 577.20 Td (the ) Tj ET Q q 0 0 0 rg BT 473.04 577.20 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 489.54 575.68 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 493.52 577.20 Td ( ) Tj ET Q q 0 0 0 rg BT 496.10 577.20 Td (pipeline, ) Tj ET Q q 0 0 0 rg BT 539.65 577.20 Td (and ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 558.05 Td (is ) Tj ET Q q 0 0 0 rg BT 119.00 558.05 Td (generally ) Tj ET Q q 0 0 0 rg BT 166.70 558.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 214.40 558.05 Td (to ) Tj ET Q q 0 0 0 rg BT 226.63 558.05 Td (be ) Tj ET Q q 0 0 0 rg BT 241.92 558.05 Td (less ) Tj ET Q q 0 0 0 rg BT 264.54 558.05 Td (than ) Tj ET Q q 0 0 0 rg BT 289.00 558.05 Td ($50 ) Tj ET Q q 0 0 0 rg BT 310.41 558.05 Td (million ) Tj ET Q q 0 0 0 rg BT 344.64 558.05 Td (per ) Tj ET Q q 0 0 0 rg BT 363.59 558.05 Td (year ) Tj ET Q q 0 0 0 rg BT 388.05 558.05 Td (thereafter) Tj ET Q q 0 0 0 rg BT 434.52 558.05 Td (.) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 536.53 cm /I10 Do Q q 0 0 0 rg BT 95.00 538.90 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 538.90 Td (First ) Tj ET Q q 0 0 0 rg BT 131.27 538.90 Td (tertiary ) Tj ET Q q 0 0 0 rg BT 166.78 538.90 Td (production ) Tj ET Q q 0 0 0 rg BT 220.03 538.90 Td (projected ) Tj ET Q q 0 0 0 rg BT 267.17 538.90 Td (in ) Tj ET Q q 0 0 0 rg BT 277.62 538.90 Td (late ) Tj ET Q q 0 0 0 rg BT 297.24 538.90 Td (2021/early ) Tj ET Q q 0 0 0 rg BT 350.50 538.90 Td (2022, ) Tj ET Q q 0 0 0 rg BT 379.92 538.90 Td (with ) Tj ET Q q 0 0 0 rg BT 401.36 538.90 Td (incremental ) Tj ET Q q 0 0 0 rg BT 460.11 538.90 Td (production ) Tj ET Q q 0 0 0 rg BT 513.37 538.90 Td (expected ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 519.80 Td (to ) Tj ET Q q 0 0 0 rg BT 119.88 519.80 Td (reach ) Tj ET Q q 0 0 0 rg BT 150.11 519.80 Td (between ) Tj ET Q q 0 0 0 rg BT 194.41 519.80 Td (7,500 ) Tj ET Q q 0 0 0 rg BT 224.65 519.80 Td (and ) Tj ET Q q 0 0 0 rg BT 245.71 519.80 Td (12,500 ) Tj ET Q q 0 0 0 rg BT 282.06 519.80 Td (barrels ) Tj ET Q q 0 0 0 rg BT 318.40 519.80 Td (of ) Tj ET Q q 0 0 0 rg BT 330.28 519.80 Td (oil ) Tj ET Q q 0 0 0 rg BT 343.99 519.80 Td (per ) Tj ET Q q 0 0 0 rg BT 362.60 519.80 Td (day ) Tj ET Q q 0 0 0 rg BT 383.05 519.80 Td (within ) Tj ET Q q 0 0 0 rg BT 413.88 519.80 Td (three ) Tj ET Q q 0 0 0 rg BT 441.66 519.80 Td (years ) Tj ET Q q 0 0 0 rg BT 471.27 519.80 Td (of ) Tj ET Q q 0 0 0 rg BT 483.16 519.80 Td (first ) Tj ET Q q 0 0 0 rg BT 503.58 519.80 Td (production. ) Tj ET Q q 0 0 0 rg BT 561.07 519.80 Td ( ) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 498.28 cm /I11 Do Q q 0 0 0 rg BT 95.00 500.65 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 500.65 Td (Phase ) Tj ET Q q 0 0 0 rg BT 142.25 500.65 Td (1 ) Tj ET Q q 0 0 0 rg BT 151.42 500.65 Td (payout ) Tj ET Q q 0 0 0 rg BT 187.50 500.65 Td (is ) Tj ET Q q 0 0 0 rg BT 198.50 500.65 Td (expected ) Tj ET Q q 0 0 0 rg BT 246.20 500.65 Td (within ) Tj ET Q q 0 0 0 rg BT 277.38 500.65 Td (two ) Tj ET Q q 0 0 0 rg BT 297.56 500.65 Td (years ) Tj ET Q q 0 0 0 rg BT 327.51 500.65 Td (of ) Tj ET Q q 0 0 0 rg BT 339.74 500.65 Td (first ) Tj ET Q q 0 0 0 rg BT 360.52 500.65 Td (production.) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 479.13 cm /I12 Do Q q 0 0 0 rg BT 95.00 481.50 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 481.50 Td (Capital ) Tj ET Q q 0 0 0 rg BT 144.09 481.50 Td (for ) Tj ET Q q 0 0 0 rg BT 158.78 481.50 Td (both ) Tj ET Q q 0 0 0 rg BT 182.04 481.50 Td (field ) Tj ET Q q 0 0 0 rg BT 204.07 481.50 Td (development ) Tj ET Q q 0 0 0 rg BT 268.91 481.50 Td (and ) Tj ET Q q 0 0 0 rg BT 289.11 481.50 Td (the ) Tj ET Q q 0 0 0 rg BT 306.25 481.50 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 322.75 479.98 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 326.73 481.50 Td ( ) Tj ET Q q 0 0 0 rg BT 328.58 481.50 Td (pipeline ) Tj ET Q q 0 0 0 rg BT 368.35 481.50 Td (is ) Tj ET Q q 0 0 0 rg BT 378.14 481.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 424.64 481.50 Td (to ) Tj ET Q q 0 0 0 rg BT 435.66 481.50 Td (be ) Tj ET Q q 0 0 0 rg BT 449.75 481.50 Td (sourced ) Tj ET Q q 0 0 0 rg BT 490.73 481.50 Td (from ) Tj ET Q q 0 0 0 rg BT 514.58 481.50 Td (available ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 462.35 Td (cash ) Tj ET Q q 0 0 0 rg BT 134.29 462.35 Td (flow) Tj ET Q q 0 0 0 rg BT 153.25 462.35 Td (, ) Tj ET Q q 0 0 0 rg BT 159.36 462.35 Td (but ) Tj ET Q q 0 0 0 rg BT 177.71 462.35 Td (external ) Tj ET Q q 0 0 0 rg BT 219.90 462.35 Td (capital ) Tj ET Q q 0 0 0 rg BT 254.75 462.35 Td (sources ) Tj ET Q q 0 0 0 rg BT 296.32 462.35 Td (will ) Tj ET Q q 0 0 0 rg BT 314.65 462.35 Td (also ) Tj ET Q q 0 0 0 rg BT 337.89 462.35 Td (be ) Tj ET Q q 0 0 0 rg BT 353.18 462.35 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 403.94 462.35 Td (for ) Tj ET Q q 0 0 0 rg BT 419.83 462.35 Td (the ) Tj ET Q q 0 0 0 rg BT 438.18 462.35 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 454.68 460.83 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 458.66 462.35 Td ( ) Tj ET Q q 0 0 0 rg BT 461.71 462.35 Td (pipeline. ) Tj ET Q q 0 0 0 rg BT 505.75 462.35 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 72.00 443.20 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 443.20 Td (Phase ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 124.40 443.20 Td (2 ) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 132.51 443.20 Td (of ) Tj ET Q q 0 0 0 rg BT 143.68 443.20 Td (the ) Tj ET Q q 0 0 0 rg BT 160.96 443.20 Td (project ) Tj ET Q q 0 0 0 rg BT 195.97 443.20 Td (is ) Tj ET Q q 0 0 0 rg BT 205.91 443.20 Td (estimated ) Tj ET Q q 0 0 0 rg BT 255.59 443.20 Td (to ) Tj ET Q q 0 0 0 rg BT 266.75 443.20 Td (begin ) Tj ET Q q 0 0 0 rg BT 295.66 443.20 Td (in ) Tj ET Q q 0 0 0 rg BT 306.21 443.20 Td (2022 ) Tj ET Q q 0 0 0 rg BT 332.68 443.20 Td (and ) Tj ET Q q 0 0 0 rg BT 353.02 443.20 Td (will ) Tj ET Q q 0 0 0 rg BT 370.29 443.20 Td (target ) Tj ET Q q 0 0 0 rg BT 400.41 443.20 Td (approximately ) Tj ET Q q 0 0 0 rg BT 470.88 443.20 Td (100 ) Tj ET Q q 0 0 0 rg BT 491.22 443.20 Td (million ) Tj ET Q q 0 0 0 rg BT 524.39 443.20 Td (barrels ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 424.10 Td (of ) Tj ET Q q 0 0 0 rg BT 101.96 424.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 162.23 424.10 Td (oil ) Tj ET Q q 0 0 0 rg BT 176.02 424.10 Td (in ) Tj ET Q q 0 0 0 rg BT 187.37 424.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.45 424.10 Td (Interlake, ) Tj ET Q q 0 0 0 rg BT 253.49 424.10 Td (Stony ) Tj ET Q q 0 0 0 rg BT 284.41 424.10 Td (Mountain ) Tj ET Q q 0 0 0 rg BT 332.45 424.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.59 424.10 Td (Red ) Tj ET Q q 0 0 0 rg BT 376.56 424.10 Td (River ) Tj ET Q q 0 0 0 rg BT 405.01 424.10 Td (formations ) Tj ET Q q 0 0 0 rg BT 459.16 424.10 Td (at ) Tj ET Q q 0 0 0 rg BT 471.12 424.10 Td (Cabin ) Tj ET Q q 0 0 0 rg BT 502.65 424.10 Td (Creek ) Tj ET Q q 0 0 0 rg BT 534.78 424.10 Td (field.) Tj ET Q BT /F6 11.00 Tf ET /GS0 gs q 5.00 0 0 11.00 90.00 402.58 cm /I13 Do Q q 0 0 0 rg BT 95.00 404.95 Td ( ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 404.95 Td (Estimated ) Tj ET Q q 0 0 0 rg BT 162.85 404.95 Td (development ) Tj ET Q q 0 0 0 rg BT 231.78 404.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 269.52 404.95 Td (of ) Tj ET Q q 0 0 0 rg BT 284.64 404.95 Td (between ) Tj ET Q q 0 0 0 rg BT 332.17 404.95 Td ($500 ) Tj ET Q q 0 0 0 rg BT 362.58 404.95 Td ( ) Tj ET Q q 0 0 0 rg BT 374.64 404.95 Td ($600 ) Tj ET Q q 0 0 0 rg BT 405.05 404.95 Td (million ) Tj ET Q q 0 0 0 rg BT 442.17 404.95 Td (over ) Tj ET Q q 0 0 0 rg BT 469.51 404.95 Td (multiple ) Tj ET Q q 0 0 0 rg BT 513.36 404.95 Td (decades, ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 108.00 385.80 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 164.26 385.80 Td (to ) Tj ET Q q 0 0 0 rg BT 176.49 385.80 Td (be ) Tj ET Q q 0 0 0 rg BT 191.78 385.80 Td (fully ) Tj ET Q q 0 0 0 rg BT 214.40 385.80 Td (funded ) Tj ET Q q 0 0 0 rg BT 251.10 385.80 Td (from ) Tj ET Q q 0 0 0 rg BT 276.16 385.80 Td (Phases ) Tj ET Q q 0 0 0 rg BT 315.90 385.80 Td (1 ) Tj ET Q q 0 0 0 rg BT 325.08 385.80 Td (and ) Tj ET Q q 0 0 0 rg BT 346.49 385.80 Td (2 ) Tj ET Q q 0 0 0 rg BT 355.66 385.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 381.95 385.80 Td (flow) Tj ET Q q 0 0 0 rg BT 400.91 385.80 Td (.) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 72.00 366.65 Td ( ) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 90.00 366.65 Td (Future ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 126.76 366.65 Td (Phases) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 165.29 366.65 Td ( ) Tj ET Q q 0 0 0 rg BT 167.83 366.65 Td (of ) Tj ET Q q 0 0 0 rg BT 179.55 366.65 Td (the ) Tj ET Q q 0 0 0 rg BT 197.39 366.65 Td (project, ) Tj ET Q q 0 0 0 rg BT 236.01 366.65 Td (targeting ) Tj ET Q q 0 0 0 rg BT 281.36 366.65 Td (over ) Tj ET Q q 0 0 0 rg BT 305.30 366.65 Td (300 ) Tj ET Q q 0 0 0 rg BT 326.20 366.65 Td (million ) Tj ET Q q 0 0 0 rg BT 359.92 366.65 Td (barrels ) Tj ET Q q 0 0 0 rg BT 396.08 366.65 Td (of ) Tj ET Q q 0 0 0 rg BT 407.80 366.65 Td (estimated ) Tj ET Q q 0 0 0 rg BT 458.04 366.65 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 518.06 366.65 Td (oil ) Tj ET Q q 0 0 0 rg BT 531.61 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 542.71 366.65 Td (the ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 347.50 Td (Interlake, ) Tj ET Q q 0 0 0 rg BT 136.98 347.50 Td (Stony ) Tj ET Q q 0 0 0 rg BT 166.85 347.50 Td (Mountain ) Tj ET Q q 0 0 0 rg BT 213.83 347.50 Td (and ) Tj ET Q q 0 0 0 rg BT 233.92 347.50 Td (Red ) Tj ET Q q 0 0 0 rg BT 255.83 347.50 Td (River ) Tj ET Q q 0 0 0 rg BT 283.24 347.50 Td (formations ) Tj ET Q q 0 0 0 rg BT 336.33 347.50 Td (in ) Tj ET Q q 0 0 0 rg BT 346.62 347.50 Td (Denbury) Tj ET Q q 0 0 0 rg BT 390.45 347.50 Td (s ) Tj ET Q q 0 0 0 rg BT 397.68 347.50 Td (other ) Tj ET Q q 0 0 0 rg BT 424.49 347.50 Td (CCA) Tj ET Q q 0 0 0 rg BT 447.11 347.50 Td ( ) Tj ET Q q 0 0 0 rg BT 448.84 347.50 Td (fields ) Tj ET Q q 0 0 0 rg BT 476.26 347.50 Td (will ) Tj ET Q q 0 0 0 rg BT 493.27 347.50 Td (be ) Tj ET Q q 0 0 0 rg BT 507.24 347.50 Td (developed ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 328.40 Td (based ) Tj ET Q q 0 0 0 rg BT 123.03 328.40 Td (on ) Tj ET Q q 0 0 0 rg BT 138.32 328.40 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 154.82 326.88 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 158.79 328.40 Td ( ) Tj ET Q q 0 0 0 rg BT 161.85 328.40 Td (availability ) Tj ET Q q 0 0 0 rg BT 215.65 328.40 Td (and ) Tj ET Q q 0 0 0 rg BT 237.06 328.40 Td (other ) Tj ET Q q 0 0 0 rg BT 265.19 328.40 Td (factors.) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 54.00 300.55 Td (CONFERENCE ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 133.65 300.55 Td (AND ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 160.54 300.55 Td (SLIDE ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 195.99 300.55 Td (PRESENT) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 247.13 300.55 Td (A) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 254.26 300.55 Td (TION) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 90.00 272.70 Td (Chris ) Tj ET Q q 0 0 0 rg BT 121.83 272.70 Td (Kendall, ) Tj ET Q q 0 0 0 rg BT 167.75 272.70 Td (Denbury) Tj ET Q q 0 0 0 rg BT 211.58 272.70 Td (s ) Tj ET Q q 0 0 0 rg BT 223.24 272.70 Td (President ) Tj ET Q q 0 0 0 rg BT 275.88 272.70 Td (and ) Tj ET Q q 0 0 0 rg BT 300.40 272.70 Td (CEO, ) Tj ET Q q 0 0 0 rg BT 333.46 272.70 Td (presented ) Tj ET Q q 0 0 0 rg BT 388.55 272.70 Td (at ) Tj ET Q q 0 0 0 rg BT 403.89 272.70 Td (the ) Tj ET Q q 0 0 0 rg BT 425.35 272.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 455.99 272.70 Td (J.P) Tj ET Q q 0 0 0 rg BT 470.46 272.70 Td (. ) Tj ET Q q 0 0 0 rg BT 479.68 272.70 Td (Morgan ) Tj ET Q q 0 0 0 rg BT 523.15 272.70 Td (Energy ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 253.55 Td (Conference ) Tj ET Q q 0 0 0 rg BT 114.81 253.55 Td (earlier ) Tj ET Q q 0 0 0 rg BT 149.32 253.55 Td (today) Tj ET Q q 0 0 0 rg BT 175.42 253.55 Td (, ) Tj ET Q q 0 0 0 rg BT 182.42 253.55 Td (which ) Tj ET Q q 0 0 0 rg BT 214.48 253.55 Td (presentation ) Tj ET Q q 0 0 0 rg BT 278.97 253.55 Td (included ) Tj ET Q q 0 0 0 rg BT 323.89 253.55 Td (information ) Tj ET Q q 0 0 0 rg BT 382.25 253.55 Td (contained ) Tj ET Q q 0 0 0 rg BT 433.90 253.55 Td (in ) Tj ET Q q 0 0 0 rg BT 446.40 253.55 Td (this ) Tj ET Q q 0 0 0 rg BT 467.47 253.55 Td (press ) Tj ET Q q 0 0 0 rg BT 498.31 253.55 Td (release. ) Tj ET Q q 0 0 0 rg BT 541.39 253.55 Td ( ) Tj ET Q q 0 0 0 rg BT 544.55 253.55 Td (An ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 234.40 Td (updated ) Tj ET Q q 0 0 0 rg BT 96.98 234.40 Td (corporate ) Tj ET Q q 0 0 0 rg BT 146.67 234.40 Td (slide ) Tj ET Q q 0 0 0 rg BT 172.52 234.40 Td (presentation ) Tj ET Q q 0 0 0 rg BT 236.28 234.40 Td (and ) Tj ET Q q 0 0 0 rg BT 257.85 234.40 Td (a ) Tj ET Q q 0 0 0 rg BT 267.19 234.40 Td (link ) Tj ET Q q 0 0 0 rg BT 286.92 234.40 Td (to ) Tj ET Q q 0 0 0 rg BT 299.31 234.40 Td (a ) Tj ET Q q 0 0 0 rg BT 308.65 234.40 Td (replay ) Tj ET Q q 0 0 0 rg BT 341.83 234.40 Td (of ) Tj ET Q q 0 0 0 rg BT 354.22 234.40 Td (the ) Tj ET Q q 0 0 0 rg BT 372.73 234.40 Td (live ) Tj ET Q q 0 0 0 rg BT 392.46 234.40 Td (webcast ) Tj ET Q q 0 0 0 rg BT 436.03 234.40 Td (of ) Tj ET Q q 0 0 0 rg BT 448.43 234.40 Td (today) Tj ET Q q 0 0 0 rg BT 477.58 234.40 Td (s ) Tj ET Q q 0 0 0 rg BT 486.30 234.40 Td (presentation ) Tj ET Q q 0 0 0 rg BT 550.06 234.40 Td (is ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 215.30 Td (available ) Tj ET Q q 0 0 0 rg BT 100.48 215.30 Td (in ) Tj ET Q q 0 0 0 rg BT 112.09 215.30 Td (the ) Tj ET Q q 0 0 0 rg BT 130.44 215.30 Td (Investor ) Tj ET Q q 0 0 0 rg BT 172.63 215.30 Td (Relations ) Tj ET Q q 0 0 0 rg BT 221.54 215.30 Td (section ) Tj ET Q q 0 0 0 rg BT 259.45 215.30 Td (of ) Tj ET Q q 0 0 0 rg BT 271.68 215.30 Td (the ) Tj ET Q q 0 0 0 rg BT 290.03 215.30 Td (Company) Tj ET Q q 0 0 0 rg BT 339.35 215.30 Td (s ) Tj ET Q q 0 0 0 rg BT 347.91 215.30 Td (website ) Tj ET Q q 0 0 0 rg BT 388.26 215.30 Td (at ) Tj ET Q q 0 0 0 rg BT 400.49 215.30 Td (www) Tj ET Q q 0 0 0 rg BT 423.71 215.30 Td (.denbury) Tj ET Q q 0 0 0 rg BT 465.71 215.30 Td (.com. ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 90.00 193.40 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 136.44 193.40 Td (is ) Tj ET Q q 0 0 0 rg BT 149.25 193.40 Td (an ) Tj ET Q q 0 0 0 rg BT 166.34 193.40 Td (independent ) Tj ET Q q 0 0 0 rg BT 231.76 193.40 Td (oil ) Tj ET Q q 0 0 0 rg BT 247.63 193.40 Td (and ) Tj ET Q q 0 0 0 rg BT 270.85 193.40 Td (natural ) Tj ET Q q 0 0 0 rg BT 309.34 193.40 Td (gas ) Tj ET Q q 0 0 0 rg BT 331.94 193.40 Td (company ) Tj ET Q q 0 0 0 rg BT 381.43 193.40 Td (with ) Tj ET Q q 0 0 0 rg BT 405.86 193.40 Td (operations ) Tj ET Q q 0 0 0 rg BT 462.09 193.40 Td (focused ) Tj ET Q q 0 0 0 rg BT 505.48 193.40 Td (in ) Tj ET Q q 0 0 0 rg BT 518.90 193.40 Td (two ) Tj ET Q q 0 0 0 rg BT 540.88 193.40 Td (key ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 180.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 103.73 180.20 Td (areas: ) Tj ET Q q 0 0 0 rg BT 138.16 180.20 Td (the ) Tj ET Q q 0 0 0 rg BT 157.31 180.20 Td (Gulf ) Tj ET Q q 0 0 0 rg BT 181.34 180.20 Td (Coast ) Tj ET Q q 0 0 0 rg BT 213.94 180.20 Td (and ) Tj ET Q q 0 0 0 rg BT 236.15 180.20 Td (Rocky ) Tj ET Q q 0 0 0 rg BT 270.57 180.20 Td (Mountain ) Tj ET Q q 0 0 0 rg BT 319.68 180.20 Td (regions. ) Tj ET Q q 0 0 0 rg BT 362.67 180.20 Td ( ) Tj ET Q q 0 0 0 rg BT 366.28 180.20 Td (The ) Tj ET Q q 0 0 0 rg BT 389.09 180.20 Td (Company) Tj ET Q q 0 0 0 rg BT 438.42 180.20 Td (s ) Tj ET Q q 0 0 0 rg BT 447.77 180.20 Td (goal ) Tj ET Q q 0 0 0 rg BT 472.43 180.20 Td (is ) Tj ET Q q 0 0 0 rg BT 484.23 180.20 Td (to ) Tj ET Q q 0 0 0 rg BT 497.27 180.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 542.70 180.20 Td (the ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 167.00 Td (value ) Tj ET Q q 0 0 0 rg BT 84.07 167.00 Td (of ) Tj ET Q q 0 0 0 rg BT 97.02 167.00 Td (its ) Tj ET Q q 0 0 0 rg BT 111.79 167.00 Td (properties ) Tj ET Q q 0 0 0 rg BT 164.48 167.00 Td (through ) Tj ET Q q 0 0 0 rg BT 205.56 167.00 Td (a ) Tj ET Q q 0 0 0 rg BT 215.45 167.00 Td (combination ) Tj ET Q q 0 0 0 rg BT 278.53 167.00 Td (of ) Tj ET Q q 0 0 0 rg BT 291.48 167.00 Td (exploitation, ) Tj ET Q q 0 0 0 rg BT 353.96 167.00 Td (drilling ) Tj ET Q q 0 0 0 rg BT 389.52 167.00 Td (and ) Tj ET Q q 0 0 0 rg BT 411.65 167.00 Td (proven ) Tj ET Q q 0 0 0 rg BT 449.05 167.00 Td (engineering ) Tj ET Q q 0 0 0 rg BT 510.32 167.00 Td (extraction ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 153.80 Td (practices, ) Tj ET Q q 0 0 0 rg BT 103.67 153.80 Td (with ) Tj ET Q q 0 0 0 rg BT 125.84 153.80 Td (the ) Tj ET Q q 0 0 0 rg BT 143.73 153.80 Td (most ) Tj ET Q q 0 0 0 rg BT 170.17 153.80 Td (significant ) Tj ET Q q 0 0 0 rg BT 221.69 153.80 Td (emphasis ) Tj ET Q q 0 0 0 rg BT 271.37 153.80 Td (relating ) Tj ET Q q 0 0 0 rg BT 310.05 153.80 Td (to ) Tj ET Q q 0 0 0 rg BT 321.83 153.80 Td (CO) Tj ET Q BT /F6 11.00 Tf ET BT /F6 7.15 Tf ET q 0 0 0 rg BT 338.33 152.28 Td (2) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 342.30 153.80 Td ( ) Tj ET Q q 0 0 0 rg BT 344.90 153.80 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 395.83 153.80 Td (oil ) Tj ET Q q 0 0 0 rg BT 409.44 153.80 Td (recovery ) Tj ET Q q 0 0 0 rg BT 454.22 153.80 Td (operations. ) Tj ET Q q 0 0 0 rg BT 511.25 153.80 Td ( ) Tj ET Q q 0 0 0 rg BT 513.85 153.80 Td (For ) Tj ET Q q 0 0 0 rg BT 532.95 153.80 Td (more ) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 140.60 Td (information ) Tj ET Q q 0 0 0 rg BT 111.47 140.60 Td (about ) Tj ET Q q 0 0 0 rg BT 142.05 140.60 Td (Denbury) Tj ET Q q 0 0 0 rg BT 182.81 140.60 Td (, ) Tj ET Q q 0 0 0 rg BT 188.93 140.60 Td (please ) Tj ET Q q 0 0 0 rg BT 224.40 140.60 Td (visit ) Tj ET Q q 0 0 0 rg BT 246.40 140.60 Td (www) Tj ET Q q 0 0 0 rg BT 269.62 140.60 Td (.denbury) Tj ET Q q 0 0 0 rg BT 311.61 140.60 Td (.com.) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 278.45 114.20 Td (# # #) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 90.00 87.80 Td (This ) Tj ET Q q 0 0 0 rg BT 112.52 87.80 Td (press ) Tj ET Q q 0 0 0 rg BT 141.16 87.80 Td (release, ) Tj ET Q q 0 0 0 rg BT 182.03 87.80 Td (contains ) Tj ET Q q 0 0 0 rg BT 224.74 87.80 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 301.68 87.80 Td (statements ) Tj ET Q q 0 0 0 rg BT 357.23 87.80 Td (including ) Tj ET Q q 0 0 0 rg BT 402.38 87.80 Td (currently ) Tj ET Q q 0 0 0 rg BT 446.30 87.80 Td (estimated ) Tj ET Q q 0 0 0 rg BT 495.73 87.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 529.27 87.80 Td (costs, ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 74.60 Td (estimated ) Tj ET Q q 0 0 0 rg BT 103.58 74.60 Td (production ) Tj ET Q q 0 0 0 rg BT 156.85 74.60 Td (and ) Tj ET Q q 0 0 0 rg BT 177.10 74.60 Td (expected ) Tj ET Q q 0 0 0 rg BT 223.64 74.60 Td (time ) Tj ET Q q 0 0 0 rg BT 246.31 74.60 Td (of ) Tj ET Q q 0 0 0 rg BT 257.38 74.60 Td (first ) Tj ET Q q 0 0 0 rg BT 277.00 74.60 Td (tertiary ) Tj ET Q q 0 0 0 rg BT 312.51 74.60 Td (response, ) Tj ET Q q 0 0 0 rg BT 362.71 74.60 Td (along ) Tj ET Q q 0 0 0 rg BT 391.52 74.60 Td (with ) Tj ET Q q 0 0 0 rg BT 412.98 74.60 Td (potential ) Tj ET Q q 0 0 0 rg BT 456.46 74.60 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 515.83 74.60 Td (reserves ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 61.40 Td (of ) Tj ET Q q 0 0 0 rg BT 66.23 61.40 Td (CCA) Tj ET Q q 0 0 0 rg BT 89.05 61.40 Td ( ) Tj ET Q q 0 0 0 rg BT 92.10 61.40 Td (and ) Tj ET Q q 0 0 0 rg BT 113.51 61.40 Td (estimated ) Tj ET Q q 0 0 0 rg BT 164.26 61.40 Td (future ) Tj ET Q q 0 0 0 rg BT 195.44 61.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 221.73 61.40 Td (flows, ) Tj ET Q q 0 0 0 rg BT 252.91 61.40 Td (which ) Tj ET Q q 0 0 0 rg BT 284.09 61.40 Td (are ) Tj ET Q q 0 0 0 rg BT 303.04 61.40 Td (subject ) Tj ET Q q 0 0 0 rg BT 340.95 61.40 Td (to ) Tj ET Q q 0 0 0 rg BT 353.18 61.40 Td (numerous ) Tj ET Q q 0 0 0 rg BT 405.15 61.40 Td (risks ) Tj ET Q q 0 0 0 rg BT 430.81 61.40 Td (and ) Tj ET Q q 0 0 0 rg BT 452.22 61.40 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 517.65 61.40 Td (involved ) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F6 11.00 Tf ET q 0 0 0 rg BT 302.90 28.30 Td (3) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 739.00 Td (in ) Tj ET Q q 0 0 0 rg BT 65.56 739.00 Td (large ) Tj ET Q q 0 0 0 rg BT 93.02 739.00 Td (field ) Tj ET Q q 0 0 0 rg BT 116.20 739.00 Td (development, ) Tj ET Q q 0 0 0 rg BT 185.24 739.00 Td (along ) Tj ET Q q 0 0 0 rg BT 215.16 739.00 Td (with ) Tj ET Q q 0 0 0 rg BT 237.72 739.00 Td (other ) Tj ET Q q 0 0 0 rg BT 265.79 739.00 Td (risks ) Tj ET Q q 0 0 0 rg BT 291.40 739.00 Td (and ) Tj ET Q q 0 0 0 rg BT 312.75 739.00 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 378.12 739.00 Td (detailed ) Tj ET Q q 0 0 0 rg BT 419.65 739.00 Td (in ) Tj ET Q q 0 0 0 rg BT 431.21 739.00 Td (the ) Tj ET Q q 0 0 0 rg BT 449.50 739.00 Td (Company) Tj ET Q q 0 0 0 rg BT 498.82 739.00 Td (s ) Tj ET Q q 0 0 0 rg BT 507.32 739.00 Td (filings ) Tj ET Q q 0 0 0 rg BT 538.44 739.00 Td (with ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 725.80 Td (the ) Tj ET Q q 0 0 0 rg BT 72.57 725.80 Td (Securities ) Tj ET Q q 0 0 0 rg BT 124.15 725.80 Td (and ) Tj ET Q q 0 0 0 rg BT 145.78 725.80 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 197.98 725.80 Td (Commission ) Tj ET Q q 0 0 0 rg BT 261.77 725.80 Td (\(SEC\), ) Tj ET Q q 0 0 0 rg BT 305.37 725.80 Td (including ) Tj ET Q q 0 0 0 rg BT 352.07 725.80 Td (Denbury) Tj ET Q q 0 0 0 rg BT 395.89 725.80 Td (s ) Tj ET Q q 0 0 0 rg BT 404.67 725.80 Td (most ) Tj ET Q q 0 0 0 rg BT 431.79 725.80 Td (recent ) Tj ET Q q 0 0 0 rg BT 465.64 725.80 Td (report ) Tj ET Q q 0 0 0 rg BT 497.65 725.80 Td (on ) Tj ET Q q 0 0 0 rg BT 513.17 725.80 Td (Form ) Tj ET Q q 0 0 0 rg BT 542.11 725.80 Td (10-) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 712.60 Td (K. ) Tj ET Q q 0 0 0 rg BT 66.71 712.60 Td ( ) Tj ET Q q 0 0 0 rg BT 69.03 712.60 Td (These ) Tj ET Q q 0 0 0 rg BT 101.92 712.60 Td (risks ) Tj ET Q q 0 0 0 rg BT 126.85 712.60 Td (and ) Tj ET Q q 0 0 0 rg BT 147.52 712.60 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 212.21 712.60 Td (are ) Tj ET Q q 0 0 0 rg BT 230.42 712.60 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 293.89 712.60 Td (by ) Tj ET Q q 0 0 0 rg BT 307.83 712.60 Td (this ) Tj ET Q q 0 0 0 rg BT 327.27 712.60 Td (reference ) Tj ET Q q 0 0 0 rg BT 376.06 712.60 Td (as ) Tj ET Q q 0 0 0 rg BT 389.99 712.60 Td (though ) Tj ET Q q 0 0 0 rg BT 425.96 712.60 Td (fully ) Tj ET Q q 0 0 0 rg BT 447.84 712.60 Td (set ) Tj ET Q q 0 0 0 rg BT 464.83 712.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 489.16 712.60 Td (herein. ) Tj ET Q q 0 0 0 rg BT 525.11 712.60 Td ( ) Tj ET Q q 0 0 0 rg BT 527.43 712.60 Td (These ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 699.40 Td (statements ) Tj ET Q q 0 0 0 rg BT 110.54 699.40 Td (are ) Tj ET Q q 0 0 0 rg BT 129.17 699.40 Td (based ) Tj ET Q q 0 0 0 rg BT 161.87 699.40 Td (on ) Tj ET Q q 0 0 0 rg BT 176.84 699.40 Td (engineering, ) Tj ET Q q 0 0 0 rg BT 240.12 699.40 Td (geological, ) Tj ET Q q 0 0 0 rg BT 295.45 699.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 338.54 699.40 Td (and ) Tj ET Q q 0 0 0 rg BT 359.63 699.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 408.23 699.40 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 472.72 699.40 Td (that ) Tj ET Q q 0 0 0 rg BT 493.80 699.40 Td (management ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 686.20 Td (believes ) Tj ET Q q 0 0 0 rg BT 97.39 686.20 Td (are ) Tj ET Q q 0 0 0 rg BT 116.32 686.20 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 173.78 686.20 Td (based ) Tj ET Q q 0 0 0 rg BT 206.78 686.20 Td (on ) Tj ET Q q 0 0 0 rg BT 222.05 686.20 Td (currently ) Tj ET Q q 0 0 0 rg BT 267.26 686.20 Td (available ) Tj ET Q q 0 0 0 rg BT 313.71 686.20 Td (information; ) Tj ET Q q 0 0 0 rg BT 374.21 686.20 Td (however) Tj ET Q q 0 0 0 rg BT 415.18 686.20 Td (, ) Tj ET Q q 0 0 0 rg BT 421.27 686.20 Td (management) Tj ET Q q 0 0 0 rg BT 487.72 686.20 Td (s ) Tj ET Q q 0 0 0 rg BT 496.25 686.20 Td (assumptions ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 673.00 Td (and ) Tj ET Q q 0 0 0 rg BT 75.76 673.00 Td (the ) Tj ET Q q 0 0 0 rg BT 94.45 673.00 Td (Company) Tj ET Q q 0 0 0 rg BT 143.77 673.00 Td (s ) Tj ET Q q 0 0 0 rg BT 152.67 673.00 Td (future ) Tj ET Q q 0 0 0 rg BT 184.21 673.00 Td (performance ) Tj ET Q q 0 0 0 rg BT 249.36 673.00 Td (are ) Tj ET Q q 0 0 0 rg BT 268.66 673.00 Td (both ) Tj ET Q q 0 0 0 rg BT 293.47 673.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 331.73 673.00 Td (to ) Tj ET Q q 0 0 0 rg BT 344.30 673.00 Td (a ) Tj ET Q q 0 0 0 rg BT 353.82 673.00 Td (wide ) Tj ET Q q 0 0 0 rg BT 379.85 673.00 Td (range ) Tj ET Q q 0 0 0 rg BT 411.38 673.00 Td (of ) Tj ET Q q 0 0 0 rg BT 423.96 673.00 Td (business ) Tj ET Q q 0 0 0 rg BT 470.78 673.00 Td (risks, ) Tj ET Q q 0 0 0 rg BT 499.84 673.00 Td (and ) Tj ET Q q 0 0 0 rg BT 521.60 673.00 Td (there ) Tj ET Q q 0 0 0 rg BT 550.07 673.00 Td (is ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 659.80 Td (no ) Tj ET Q q 0 0 0 rg BT 69.33 659.80 Td (assurance ) Tj ET Q q 0 0 0 rg BT 123.19 659.80 Td (that ) Tj ET Q q 0 0 0 rg BT 144.63 659.80 Td (these ) Tj ET Q q 0 0 0 rg BT 174.64 659.80 Td (goals ) Tj ET Q q 0 0 0 rg BT 204.04 659.80 Td (and ) Tj ET Q q 0 0 0 rg BT 225.49 659.80 Td (projections ) Tj ET Q q 0 0 0 rg BT 281.79 659.80 Td (can ) Tj ET Q q 0 0 0 rg BT 302.62 659.80 Td (or ) Tj ET Q q 0 0 0 rg BT 315.50 659.80 Td (will ) Tj ET Q q 0 0 0 rg BT 333.88 659.80 Td (be ) Tj ET Q q 0 0 0 rg BT 349.21 659.80 Td (met. ) Tj ET Q q 0 0 0 rg BT 373.70 659.80 Td ( ) Tj ET Q q 0 0 0 rg BT 376.39 659.80 Td (Actual ) Tj ET Q q 0 0 0 rg BT 410.06 659.80 Td (results ) Tj ET Q q 0 0 0 rg BT 445.56 659.80 Td (may ) Tj ET Q q 0 0 0 rg BT 469.44 659.80 Td (vary ) Tj ET Q q 0 0 0 rg BT 493.32 659.80 Td (materially) Tj ET Q q 0 0 0 rg BT 539.57 659.80 Td (. ) Tj ET Q q 0 0 0 rg BT 545.73 659.80 Td ( ) Tj ET Q q 0 0 0 rg BT 548.83 659.80 Td (In ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 646.60 Td (addition, ) Tj ET Q q 0 0 0 rg BT 98.16 646.60 Td (any ) Tj ET Q q 0 0 0 rg BT 118.46 646.60 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 196.23 646.60 Td (statements ) Tj ET Q q 0 0 0 rg BT 252.59 646.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 301.63 646.60 Td (the ) Tj ET Q q 0 0 0 rg BT 319.49 646.60 Td (Company) Tj ET Q q 0 0 0 rg BT 368.81 646.60 Td (s ) Tj ET Q q 0 0 0 rg BT 376.88 646.60 Td (estimates ) Tj ET Q q 0 0 0 rg BT 426.52 646.60 Td (only ) Tj ET Q q 0 0 0 rg BT 449.27 646.60 Td (as ) Tj ET Q q 0 0 0 rg BT 463.45 646.60 Td (of ) Tj ET Q q 0 0 0 rg BT 475.19 646.60 Td (today ) Tj ET Q q 0 0 0 rg BT 504.67 646.60 Td (and ) Tj ET Q q 0 0 0 rg BT 525.59 646.60 Td (should ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 633.40 Td (not ) Tj ET Q q 0 0 0 rg BT 72.02 633.40 Td (be ) Tj ET Q q 0 0 0 rg BT 86.98 633.40 Td (relied ) Tj ET Q q 0 0 0 rg BT 116.61 633.40 Td (upon ) Tj ET Q q 0 0 0 rg BT 143.80 633.40 Td (as ) Tj ET Q q 0 0 0 rg BT 158.14 633.40 Td (representing ) Tj ET Q q 0 0 0 rg BT 222.02 633.40 Td (its ) Tj ET Q q 0 0 0 rg BT 235.74 633.40 Td (estimates ) Tj ET Q q 0 0 0 rg BT 285.54 633.40 Td (as ) Tj ET Q q 0 0 0 rg BT 299.88 633.40 Td (of ) Tj ET Q q 0 0 0 rg BT 311.78 633.40 Td (any ) Tj ET Q q 0 0 0 rg BT 332.24 633.40 Td (future ) Tj ET Q q 0 0 0 rg BT 363.10 633.40 Td (date. ) Tj ET Q q 0 0 0 rg BT 390.29 633.40 Td ( ) Tj ET Q q 0 0 0 rg BT 393.01 633.40 Td (Denbury ) Tj ET Q q 0 0 0 rg BT 437.32 633.40 Td (assumes ) Tj ET Q q 0 0 0 rg BT 484.06 633.40 Td (no ) Tj ET Q q 0 0 0 rg BT 499.02 633.40 Td (obligation ) Tj ET Q q 0 0 0 rg BT 548.84 633.40 Td (to ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 620.20 Td (update ) Tj ET Q q 0 0 0 rg BT 90.70 620.20 Td (its ) Tj ET Q q 0 0 0 rg BT 104.76 620.20 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 183.01 620.20 Td (statements.) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 90.00 593.80 Td (Current ) Tj ET Q q 0 0 0 rg BT 130.98 593.80 Td (SEC ) Tj ET Q q 0 0 0 rg BT 157.89 593.80 Td (rules ) Tj ET Q q 0 0 0 rg BT 186.03 593.80 Td (regarding ) Tj ET Q q 0 0 0 rg BT 236.81 593.80 Td (oil ) Tj ET Q q 0 0 0 rg BT 252.11 593.80 Td (and ) Tj ET Q q 0 0 0 rg BT 274.76 593.80 Td (gas ) Tj ET Q q 0 0 0 rg BT 296.79 593.80 Td (reserves ) Tj ET Q q 0 0 0 rg BT 343.27 593.80 Td (information ) Tj ET Q q 0 0 0 rg BT 401.98 593.80 Td (allow ) Tj ET Q q 0 0 0 rg BT 431.35 593.80 Td (oil ) Tj ET Q q 0 0 0 rg BT 446.65 593.80 Td (and ) Tj ET Q q 0 0 0 rg BT 469.30 593.80 Td (gas ) Tj ET Q q 0 0 0 rg BT 491.34 593.80 Td (companies ) Tj ET Q q 0 0 0 rg BT 548.83 593.80 Td (to ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 580.60 Td (disclose ) Tj ET Q q 0 0 0 rg BT 97.38 580.60 Td (in ) Tj ET Q q 0 0 0 rg BT 109.58 580.60 Td (filings ) Tj ET Q q 0 0 0 rg BT 141.35 580.60 Td (with ) Tj ET Q q 0 0 0 rg BT 164.55 580.60 Td (the ) Tj ET Q q 0 0 0 rg BT 183.48 580.60 Td (SEC ) Tj ET Q q 0 0 0 rg BT 209.74 580.60 Td (not ) Tj ET Q q 0 0 0 rg BT 228.68 580.60 Td (only ) Tj ET Q q 0 0 0 rg BT 252.50 580.60 Td (proved ) Tj ET Q q 0 0 0 rg BT 289.77 580.60 Td (reserves, ) Tj ET Q q 0 0 0 rg BT 338.65 580.60 Td (but ) Tj ET Q q 0 0 0 rg BT 357.58 580.60 Td (also ) Tj ET Q q 0 0 0 rg BT 381.40 580.60 Td (probable ) Tj ET Q q 0 0 0 rg BT 427.85 580.60 Td (and ) Tj ET Q q 0 0 0 rg BT 449.85 580.60 Td (possible ) Tj ET Q q 0 0 0 rg BT 493.85 580.60 Td (reserves ) Tj ET Q q 0 0 0 rg BT 539.67 580.60 Td (that ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 567.40 Td (meet ) Tj ET Q q 0 0 0 rg BT 81.21 567.40 Td (the ) Tj ET Q q 0 0 0 rg BT 99.26 567.40 Td (SEC) Tj ET Q q 0 0 0 rg BT 124.12 567.40 Td (s ) Tj ET Q q 0 0 0 rg BT 132.38 567.40 Td (definitions ) Tj ET Q q 0 0 0 rg BT 184.67 567.40 Td (of ) Tj ET Q q 0 0 0 rg BT 196.60 567.40 Td (such ) Tj ET Q q 0 0 0 rg BT 222.60 567.40 Td (terms. ) Tj ET Q q 0 0 0 rg BT 255.91 567.40 Td ( ) Tj ET Q q 0 0 0 rg BT 258.67 567.40 Td (The ) Tj ET Q q 0 0 0 rg BT 280.38 567.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 330.22 567.40 Td (discloses ) Tj ET Q q 0 0 0 rg BT 378.22 567.40 Td (only ) Tj ET Q q 0 0 0 rg BT 401.15 567.40 Td (proved ) Tj ET Q q 0 0 0 rg BT 437.54 567.40 Td (reserves ) Tj ET Q q 0 0 0 rg BT 482.48 567.40 Td (in ) Tj ET Q q 0 0 0 rg BT 493.80 567.40 Td (its ) Tj ET Q q 0 0 0 rg BT 507.56 567.40 Td (filings ) Tj ET Q q 0 0 0 rg BT 538.44 567.40 Td (with ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 554.20 Td (the ) Tj ET Q q 0 0 0 rg BT 71.17 554.20 Td (SEC. ) Tj ET Q q 0 0 0 rg BT 98.72 554.20 Td ( ) Tj ET Q q 0 0 0 rg BT 100.60 554.20 Td (In ) Tj ET Q q 0 0 0 rg BT 111.65 554.20 Td (this ) Tj ET Q q 0 0 0 rg BT 130.64 554.20 Td (press ) Tj ET Q q 0 0 0 rg BT 159.42 554.20 Td (release, ) Tj ET Q q 0 0 0 rg BT 200.43 554.20 Td (the ) Tj ET Q q 0 0 0 rg BT 217.60 554.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 266.56 554.20 Td (refers ) Tj ET Q q 0 0 0 rg BT 296.55 554.20 Td (to ) Tj ET Q q 0 0 0 rg BT 307.60 554.20 Td (estimates ) Tj ET Q q 0 0 0 rg BT 356.55 554.20 Td (of ) Tj ET Q q 0 0 0 rg BT 367.60 554.20 Td (original ) Tj ET Q q 0 0 0 rg BT 404.95 554.20 Td (oil ) Tj ET Q q 0 0 0 rg BT 417.83 554.20 Td (in ) Tj ET Q q 0 0 0 rg BT 428.27 554.20 Td (place, ) Tj ET Q q 0 0 0 rg BT 459.50 554.20 Td (resource ) Tj ET Q q 0 0 0 rg BT 504.17 554.20 Td (or ) Tj ET Q q 0 0 0 rg BT 515.83 554.20 Td (reserves ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 541.00 Td (potential, ) Tj ET Q q 0 0 0 rg BT 108.63 541.00 Td (barrels ) Tj ET Q q 0 0 0 rg BT 144.92 541.00 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 205.06 541.00 Td (or ) Tj ET Q q 0 0 0 rg BT 217.50 541.00 Td (other ) Tj ET Q q 0 0 0 rg BT 245.24 541.00 Td (descriptions ) Tj ET Q q 0 0 0 rg BT 306.60 541.00 Td (of ) Tj ET Q q 0 0 0 rg BT 318.44 541.00 Td (volumes ) Tj ET Q q 0 0 0 rg BT 362.06 541.00 Td (potentially ) Tj ET Q q 0 0 0 rg BT 414.26 541.00 Td (recoverable, ) Tj ET Q q 0 0 0 rg BT 477.45 541.00 Td (which ) Tj ET Q q 0 0 0 rg BT 508.24 541.00 Td (in ) Tj ET Q q 0 0 0 rg BT 519.46 541.00 Td (addition ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 527.80 Td (to ) Tj ET Q q 0 0 0 rg BT 66.96 527.80 Td (reserves ) Tj ET Q q 0 0 0 rg BT 112.92 527.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 161.34 527.80 Td (classifiable ) Tj ET Q q 0 0 0 rg BT 218.93 527.80 Td (as ) Tj ET Q q 0 0 0 rg BT 234.33 527.80 Td (probable ) Tj ET Q q 0 0 0 rg BT 280.92 527.80 Td (and ) Tj ET Q q 0 0 0 rg BT 303.06 527.80 Td (possible ) Tj ET Q q 0 0 0 rg BT 347.20 527.80 Td (\(2P) Tj ET Q q 0 0 0 rg BT 363.91 527.80 Td ( ) Tj ET Q q 0 0 0 rg BT 367.69 527.80 Td (and ) Tj ET Q q 0 0 0 rg BT 389.83 527.80 Td (3P) Tj ET Q q 0 0 0 rg BT 402.87 527.80 Td ( ) Tj ET Q q 0 0 0 rg BT 406.66 527.80 Td (reserves\), ) Tj ET Q q 0 0 0 rg BT 459.34 527.80 Td (include ) Tj ET Q q 0 0 0 rg BT 497.98 527.80 Td (estimates ) Tj ET Q q 0 0 0 rg BT 548.83 527.80 Td (of ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 514.60 Td (resources ) Tj ET Q q 0 0 0 rg BT 104.49 514.60 Td (that ) Tj ET Q q 0 0 0 rg BT 125.02 514.60 Td (do ) Tj ET Q q 0 0 0 rg BT 139.45 514.60 Td (not ) Tj ET Q q 0 0 0 rg BT 156.93 514.60 Td (rise ) Tj ET Q q 0 0 0 rg BT 176.84 514.60 Td (to ) Tj ET Q q 0 0 0 rg BT 188.20 514.60 Td (the ) Tj ET Q q 0 0 0 rg BT 205.68 514.60 Td (standards ) Tj ET Q q 0 0 0 rg BT 256.18 514.60 Td (for ) Tj ET Q q 0 0 0 rg BT 271.21 514.60 Td (possible ) Tj ET Q q 0 0 0 rg BT 313.75 514.60 Td (reserves, ) Tj ET Q q 0 0 0 rg BT 361.18 514.60 Td (and ) Tj ET Q q 0 0 0 rg BT 381.72 514.60 Td (which ) Tj ET Q q 0 0 0 rg BT 412.03 514.60 Td (SEC ) Tj ET Q q 0 0 0 rg BT 436.84 514.60 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 488.57 514.60 Td (strictly ) Tj ET Q q 0 0 0 rg BT 521.92 514.60 Td (prohibit ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 501.40 Td (the ) Tj ET Q q 0 0 0 rg BT 71.82 501.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 121.42 501.40 Td (from ) Tj ET Q q 0 0 0 rg BT 145.95 501.40 Td (including ) Tj ET Q q 0 0 0 rg BT 191.90 501.40 Td (in ) Tj ET Q q 0 0 0 rg BT 202.99 501.40 Td (filings ) Tj ET Q q 0 0 0 rg BT 233.64 501.40 Td (with ) Tj ET Q q 0 0 0 rg BT 255.73 501.40 Td (the ) Tj ET Q q 0 0 0 rg BT 273.55 501.40 Td (SEC. ) Tj ET Q q 0 0 0 rg BT 301.75 501.40 Td ( ) Tj ET Q q 0 0 0 rg BT 304.28 501.40 Td (Portions ) Tj ET Q q 0 0 0 rg BT 347.16 501.40 Td (of ) Tj ET Q q 0 0 0 rg BT 358.86 501.40 Td (these ) Tj ET Q q 0 0 0 rg BT 388.30 501.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 433.02 501.40 Td (are ) Tj ET Q q 0 0 0 rg BT 451.44 501.40 Td (based ) Tj ET Q q 0 0 0 rg BT 483.94 501.40 Td (upon ) Tj ET Q q 0 0 0 rg BT 510.94 501.40 Td (estimates ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 488.20 Td (by ) Tj ET Q q 0 0 0 rg BT 69.48 488.20 Td (the ) Tj ET Q q 0 0 0 rg BT 88.64 488.20 Td (Company) Tj ET Q q 0 0 0 rg BT 137.96 488.20 Td (s ) Tj ET Q q 0 0 0 rg BT 147.33 488.20 Td (independent ) Tj ET Q q 0 0 0 rg BT 211.76 488.20 Td (engineers ) Tj ET Q q 0 0 0 rg BT 263.94 488.20 Td (or ) Tj ET Q q 0 0 0 rg BT 277.58 488.20 Td (by ) Tj ET Q q 0 0 0 rg BT 293.07 488.20 Td (Denbury) Tj ET Q q 0 0 0 rg BT 336.89 488.20 Td (s ) Tj ET Q q 0 0 0 rg BT 346.25 488.20 Td (internal ) Tj ET Q q 0 0 0 rg BT 386.20 488.20 Td (staff ) Tj ET Q q 0 0 0 rg BT 410.85 488.20 Td (of ) Tj ET Q q 0 0 0 rg BT 423.89 488.20 Td (engineers, ) Tj ET Q q 0 0 0 rg BT 479.13 488.20 Td (and ) Tj ET Q q 0 0 0 rg BT 501.35 488.20 Td (are ) Tj ET Q q 0 0 0 rg BT 521.11 488.20 Td (by ) Tj ET Q q 0 0 0 rg BT 536.59 488.20 Td (their ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 475.00 Td (nature ) Tj ET Q q 0 0 0 rg BT 88.21 475.00 Td (more ) Tj ET Q q 0 0 0 rg BT 116.30 475.00 Td (speculative ) Tj ET Q q 0 0 0 rg BT 174.36 475.00 Td (than ) Tj ET Q q 0 0 0 rg BT 198.79 475.00 Td (estimates ) Tj ET Q q 0 0 0 rg BT 248.89 475.00 Td (of ) Tj ET Q q 0 0 0 rg BT 261.09 475.00 Td (proved ) Tj ET Q q 0 0 0 rg BT 297.75 475.00 Td (reserves ) Tj ET Q q 0 0 0 rg BT 342.95 475.00 Td (and ) Tj ET Q q 0 0 0 rg BT 364.33 475.00 Td (are ) Tj ET Q q 0 0 0 rg BT 383.25 475.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 421.13 475.00 Td (to ) Tj ET Q q 0 0 0 rg BT 433.33 475.00 Td (greater ) Tj ET Q q 0 0 0 rg BT 471.21 475.00 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 539.66 475.00 Td (and ) Tj ET Q BT /F7 11.00 Tf ET q 0 0 0 rg BT 54.00 461.80 Td (accordingly ) Tj ET Q q 0 0 0 rg BT 112.70 461.80 Td (the ) Tj ET Q q 0 0 0 rg BT 131.04 461.80 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 179.96 461.80 Td (of ) Tj ET Q q 0 0 0 rg BT 192.19 461.80 Td (recovering ) Tj ET Q q 0 0 0 rg BT 246.61 461.80 Td (those ) Tj ET Q q 0 0 0 rg BT 276.57 461.80 Td (reserves ) Tj ET Q q 0 0 0 rg BT 321.81 461.80 Td (is ) Tj ET Q q 0 0 0 rg BT 332.81 461.80 Td (subject ) Tj ET Q q 0 0 0 rg BT 370.72 461.80 Td (to ) Tj ET Q q 0 0 0 rg BT 382.95 461.80 Td (substantially ) Tj ET Q q 0 0 0 rg BT 446.54 461.80 Td (greater ) Tj ET Q q 0 0 0 rg BT 484.44 461.80 Td (risk.) Tj ET Q BT /F5 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.27450980392156865 0.49019607843137253 rg BT 54.00 435.40 Td (DENBUR) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 100.65 435.40 Td (Y) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 107.79 435.40 Td ( ) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 110.84 435.40 Td (CONT) Tj ET Q q 0 0.27450980392156865 0.49019607843137253 rg BT 141.19 435.40 Td (ACTS:) Tj ET Q BT /F6 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 54.00 422.20 Td (Mark ) Tj ET Q q 0 0 0 rg BT 81.50 422.20 Td (C. ) Tj ET Q q 0 0 0 rg BT 94.95 422.20 Td (Allen, ) Tj ET Q q 0 0 0 rg BT 125.52 422.20 Td (Executive ) Tj ET Q q 0 0 0 rg BT 176.27 422.20 Td (V) Tj ET Q q 0 0 0 rg BT 183.41 422.20 Td (ice ) Tj ET Q q 0 0 0 rg BT 200.52 422.20 Td (President ) Tj ET Q q 0 0 0 rg BT 250.05 422.20 Td (and ) Tj ET Q q 0 0 0 rg BT 271.46 422.20 Td (Chief ) Tj ET Q q 0 0 0 rg BT 300.19 422.20 Td (Financial ) Tj ET Q q 0 0 0 rg BT 347.27 422.20 Td (Of) Tj ET Q q 0 0 0 rg BT 358.69 422.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 378.86 422.20 Td (, ) Tj ET Q q 0 0 0 rg BT 384.97 422.20 Td (972.673.2000) Tj ET Q BT /F6 11.00 Tf ET q 0 0 0 rg BT 54.00 409.00 Td (John ) Tj ET Q q 0 0 0 rg BT 80.91 409.00 Td (Mayer) Tj ET Q q 0 0 0 rg BT 110.86 409.00 Td (, ) Tj ET Q q 0 0 0 rg BT 116.98 409.00 Td (Director ) Tj ET Q q 0 0 0 rg BT 158.54 409.00 Td (of ) Tj ET Q q 0 0 0 rg BT 170.77 409.00 Td (Investor ) Tj ET Q q 0 0 0 rg BT 212.95 409.00 Td (Relations, ) Tj ET Q q 0 0 0 rg BT 264.92 409.00 Td (972.673.2383) Tj ET Q endstream endobj 17 0 obj <> /View <>>>>> endobj 18 0 obj <> /View <>>>>> endobj 19 0 obj <> endobj 20 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;