Texas-based Denbury Resources Inc. (NYSE:DNR) reported its preliminary first quarter 2012 production and realized oil prices. Production jumped 8% from fourth quarter 2011 to 71,532 barrels of oil equivalent per day (Boe/d), of which 93% was oil. The figures for both the periods are adjusted for the 2012 property sales.
Volumes of 1,759 Boe/d derived from non-core assets divested by Denbury so far in 2012 have been included in the preliminary production data. The first quarter 2012 production … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards