Company looks north for future growth
Denbury Resources is a Texas-based company currently working extensively in the Gulf Coast. They specialize in CO2 flooding, which is a method used to extract additional oil from an oil field that is typically inaccessible by traditional drilling methods. Denbury is currently involved in CO2 flooding in Montana, and has recently acquired a 177-square-mile field in Bowman County. It will take several years before any drilling will begin in North Dakota through the CO2 flooding method, but when it begins, it could bring over 400 additional wells and twice as many oil-related jobs to the County. The full article can be found from Prairie Business Magazine.