Denbury Resources Promotes Christian S. Kendall to President
October 03 2016 - 6:30AM
Denbury Resources Inc. (NYSE:DNR) ("Denbury" or the "Company")
today announced that as part of its ongoing succession planning
process, the Board of Directors has promoted Chris Kendall to
President of the Company. Mr. Kendall will assume this
position from Denbury’s Chief Executive Officer, Phil
Rykhoek. Mr. Kendall joined Denbury as Chief Operating
Officer in September 2015, and will continue to serve in that role
until a successor is named.
Phil Rykhoek, CEO of Denbury commented, “The
board and I congratulate Chris on this well-deserved promotion in
recognition of his significant contribution to our improved
operations, as evidenced by our lower costs and improved
efficiencies. Chris is a pleasure to work with and I anticipate
that his expanded responsibilities will further enhance our
continuing efforts to increase the value of the Company for
our investors and employees.”
Mr. Kendall has over 27 years of experience in
the oil and gas industry, holding a variety of technical and
leadership roles, both international and domestic. Prior to
joining Denbury, he spent 14 years with Noble Energy, most recently
as Senior Vice President, Global Operations Services. His
prior assignments at Noble Energy include serving as Vice
President, Gulf of Mexico, and as Business Unit Manager and Vice
President, Noble Energy Mediterranean Ltd.
Mr. Kendall began his career with Mobil Oil
Corporation in 1989. He holds a Bachelor of Science degree in
Engineering, Civil Specialty, from the Colorado School of
Mines.
Denbury is an independent oil and natural gas
company with operations focused in two key operating areas: the
Gulf Coast and Rocky Mountain regions. The Company’s goal is
to increase the value of its properties through a combination of
exploitation, drilling and proven engineering extraction practices,
with the most significant emphasis relating to CO2 enhanced oil
recovery operations.
DENBURY CONTACTS:
Mark C. Allen, Sr. Vice President and Chief Financial Officer, 972.673.2000
John Mayer, Investor Relations, 972.673.2383
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