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Denbury Resources Inc
May/June 2012 Corporate Presentation
| Phil Rykohoek | Page 4 of 11 |
March 12, 2014
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"Denbury Resources Inc"
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What is CO2 EOR & How Much Does It Recover? Secure CO2Supply Transport via Pipeline Inject into Oilfield EOR Delivers Almost as Much Production as Primary or Secondary Recovery(1) Tti T er ti ary Recovery(CO2EOR) ~17% Remaining Oil Secondary ~17% Primary Recovery Secondary Recovery (waterfloods) ~18% 4 4 (1) Recovery of Original Oil in Place based on history at Little Creek Field. Recovery ~20%