A New Denbury Presentation

For those interested, here's a webcast/iPodcast for Denbury which recently acquired Encore.

The presentation starts out with this note: Denbury is not "big" in the shale oil/natural gas business. It picked up a bit of shale oil in the Bakken with its acquisition of Encore, but its core competency is enhanced oil recovery (EOR).

It's a 30-minute presentation, but what I do is listen to this in the background while a) surfing the net; b) updating my blog; c) answering National Geographic questions that my six-year-old granddaughter asks; and, d) watching the US Open either on television or on the internet.

Another article on same topic, June 29, 2010:

CO2 enhanced oil recovery is a strategy that has already been used to stem Wyoming’s decades-long oil production slide and created hundreds of new jobs in the state. The largest such project is Anadarko Petroleum’s CO2 project at the historic Salt Creek field north of Casper.

George Peridas, a scientist at the Natural Resource Defense Council’s Climate Center, is an advocate because of the many environmental benefits: There’s a net gain in curbing CO2 emissions, and the industry doesn’t have to drill in new and sensitive areas offshore or onshore.

But convincing the oil industry to support climate change legislation for the benefit of enhanced oil recovery is a hard sell.

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