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Denbury Resources adds $250M to share buyback program

  • Denbury Resources (DNR) approves a $250M increase to its share repurchase program, leaving $422M of authorized repurchases remaining as of Dec. 31.
  • DNR also says it has converted all 2014 oil derivative contracts to fixed price swaps from collars.
  • Also announces the successful startup of the Riley Ridge gas processing plant prior to year-end 2013.
  • DNR +0.5% premarket.
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