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Published 2 years ago

Denbury explores options including possible sale

Summary by Ground News
Denbury shares surged over 12.8% on the back of the news, hitting a high of over $89 per share. Denbury escaped bankruptcy in September 2020, with the agreement eliminating $2.1 billion in bond debt and handing control to creditors. With oil prices surging following Russia's invasion of Ukraine, it has kicked off dealmaking among independent U.S. producers.

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