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Denbury Resources Inc
February 2012 Corporate Presentation
| Phil Rykhoek | Page 5 of 11 |
December 20, 2014
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"February 2012 Corporate Presentation"
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5 5 What is CO 2 EOR & How Much Does It Recover? Secure CO 2 Supply Transport via Pipeline Inject into Oilfield EOR Delivers Almost as Much Production as Primary or Secondary Recovery (1) (1) Recovery of Original Oil in Place based on history at Little Creek Field. Primary Recovery ~20% Secondary Recovery ( waterfloods ) ~18% Tertiary Recovery (CO 2 EOR ) ~17% Remaining Oil