Thread regarding Denbury Resources Inc. layoffs

Death by a thousand cuts

they're going to slowly sell every asset but the CO2 stuff one field at a time. Then only the CCUS stuff will be left. They only wanted out pipeline infrastructure.

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| 1121 views | | 4 replies (last May 9, 2024) | Reply
Post ID: @OP+1siygpwW

4 replies (most recent on top)

Wow, someone read the press release on why XOM bought the company...

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Post ID: @9beu+1siygpwW

Bingo.

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Post ID: @1poi+1siygpwW

Don't think they ever intended on keeping any of the CO2 fields. They simply discovered that some were worth keeping (to them). I think they had planned to sell them all.

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Post ID: @rhx+1siygpwW

No sht sherlock

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Post ID: @gti+1siygpwW

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