Denbury Resources (DNR +3.2%) makes a 2% downward revision to its 2012 production estimate as...

|About: Denbury Resources Inc. (DNR)|By:, SA News Editor

Denbury Resources (DNR +3.2%) makes a 2% downward revision to its 2012 production estimate as the result of asset sales in recent quarters, but the oil and gas company expects Q1 output is up 8% Q/Q when adjusted for the divestitures, with oil comprising the vast majority of the increase.