Denbury eyes US plays

摘要

Denbury Resources is looking to use most of the US $1.3 Bn it received from an asset sale to ExxonMobil last year to buy US assets from ConocoPhillips. Texas-based Denbury is offering $1.05 Bn of the $1.3 Bn to buy producing assets in the Cedar Creek Anticline of Montana and North Dakota in an all-cash deal.