Denbury Resources Inc (DNR)

guys -check out $WFRD. a major oil service play, just relisted yesterday and totally under the radar.

you see what $DEN did after they got re-listed?

I expect the same from $WFRD

Unlike DNR common stock holders, Denbury made out pretty good...

https://www.denbury.com/investor-relations/press-releases/press-release-details/2020/Denbury-Reports-Third-Quarter-2020-Results-and-Announces-November-17th-Third-Quarter-Conference-Call/default.aspx


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So... How did that work out?

.

I hope so. I actually feel bad for the guy.

I hope the education isn't too expensive.

The 1st lesson is always the hardest to admit you dun bought the wrong thing by not understanding WHAT you were buying.

It will make him smarter eventually.

this guy is totally clueless....

No we are not, you will find that out soon enough.

we are sorry for you....

I got to go , I am busy , sorry.

Insiders negotiated new compensation plans.

.

Whatever will benefit all insiders Will definitely benefit me also , because we are in the same CLASS OF COMMON STOCK.

This is my first experience on DEBT FOR EQUITY SWAP.
I have nothing to say.
Just wait and see.
All the common shares that insiders hold from 2015 ARE STILL THERE.
We are in the same boat with all insiders.

And that works out to 2.6 B warrants per 1000 DNRCQ shares. What that says is that 45.45% of the Series B Warrants will be divided up among the DNRCQ common shares. That worked out to be approximately 0.00259485 Series B Warrants per share.

.



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i bailed at 3:30, took a 20% loss, licked my wounds( or ass as it should be really called) and will wait to see where this is at on monday...may get back on depending on the mondays action... i honestly just got on a few days ago and never expected this emergence from BK would happen so fast... real quick is all I can say.........

Warrant Agreements

Quote "
the holders of Existing Equity Interests will receive their pro rata share of 45.45% of the Series B Warrants in accordance with the terms of the Plan, the Confirmation Order and the Series B Warrant Agreement."
I copied and pasted here.

DNRCQ ticker deleted by FINRA. The stock is now untradeable. What folks are holding now will be converted to B warrants to 2.6 shares per 1000 DNRCQ shares. Those will give the holders an option to BUY the new common DEN stock at a yet undetermined lot size and price.

Good luck with thaaaat...

.

ET said that they get converted to B warrants as mentioned here, but then those B warrants can be used to buy shares at an undisclosed price or ratio of warrants to shares.. They do not know how that's going to work yet..but it will be somewhat similar to what I said above...i think

Quick math - 1000 commons become 2.6 B warrants. It'll cost more to dump the shit out of your account. But at least the idiots that ran it into the ground came out OK.

Friggin crooks with the BK judges aiding and abetting them day in and day out.

DNRCQ: Bankruptcy PLAN effective. Holder of an allowed Existing Equity Interest will receive approximately 0.00259485 Series B Warrants per share.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Good to know. Thanks.

DNR commons got restructured to worthless B warrants. They will NOT be DEN shares unless ya buy them.

That's how Denbury is raising new cash.

Converted to B warrants that are pretty much worthless.

Are all of the commons going to be wiped out then?

https://finance.yahoo.com/news/denbury-successfully-completes-financial-restructuring-180000871.html

bud, you are clueless. please don't waste any more of my time by responding to my posts.

thanks.

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Form S-8 POS Denbury Inc

Securities to be offered to employees in employee benefit plans, post-effective amendments

SEC.report

 

 DENBURY INC

 

 Form S-8 POS

 (Filer)

Published: 2020-09-18 11:52:01
Submitted: 2020-09-18
Period Ending In: 2020-09-18

About Form S-8 POS

den-20200918xs8pos.htm  FORM S-8 POS





As filed with the United States Securities and Exchange Commission on September 18, 2020


Registration No. 333-232166

Registration No. 333-218941

Registration No. 333-212402

Registration No. 333-206808

Registration No. 333-189438

Registration No. 333-206320

Registration No. 333-175273

Registration No. 333-167480

Registration No. 333-160178

Registration No. 333-143848

Registration No. 333-116249

Registration No. 333-106253

Registration No. 333-90398

Registration No. 333-63198

Registration No. 333-39172

Registration No. 333-39218

Registration No. 333-70485

Registration No. 333-55999

Registration No. 333-27995

Registration No. 333-01006

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-232166

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-218941

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-212402

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-206808

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-189438

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-206320

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-175273

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-167480

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-160178

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-143848

POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-116249

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-106253

POST-EFFECTIVE AMENDMENT NO. 4 TO REGISTRATION STATEMENT NO. 333-90398

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-63198

POST-EFFECTIVE AMENDMENT NO. 4 TO REGISTRATION STATEMENT NO. 333-39172

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-39218

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-70485

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-55999

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-27995

POST-EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 333-01006


TO

 

FORM S-8





REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

DENBURY INC.

(Exact name of registrant as specified in its charter)

 

 


Delaware

 

 

 

20-0467835

(State or other jurisdiction of incorporation or organization)

 

 

 

(IRS Employer

 

Identification No.)

 

 

 

 

 

5320 Legacy Drive, Plano, Texas

 

 

 

75024

(Address of principal executive offices)

 

 

 

(Zip code)


Denbury Resources Inc. Amended and Restated 2004 Omnibus Stock and Incentive Plan

Standalone Restricted Share New Hire Inducement Award for Denbury Resources Inc.

Denbury Resources Inc. Employee Stock Purchase Plan

Denbury Resources Inc. Stock Option Plan

Denbury Resources Inc. Director Compensation Plan


(Full title of the plan)


James S. Matthews

Executive Vice President,

Chief Administrative Officer,

General Counsel and Secretary

5320 Legacy Drive,

Plano, Texas 75024

(972) 673-2007

(Name, address and telephone number, including area

code, of agent for service)

 

Copy to:

Julian J. Seiguer, P.C.

Michael W. Rigdon

Kirkland & Ellis LLP

609 Main Street, Suite 4700

Houston, Texas 77002

(713) 836-3647

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

?

Accelerated filer

?

Non-accelerated filer

?

Smaller reporting company

?

Emerging growth company

?


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.

?





DEREGISTRATION OF SECURITIES


These Post-Effective Amendments (these “Post-Effective Amendments”) are being filed by Denbury Inc. (“Denbury”) to deregister all securities unsold under the following Registration Statements on Form S-8 (the “Registration Statements”) filed by Denbury with the Securities and Exchange Commission:


•

Registration Statement No. 333-232166, filed on June 17, 2019, registering 13,000,000 shares of common stock under the Denbury Resources Inc. Amended and Restated 2004 Omnibus Stock and Incentive Plan (the “2004 Plan”);


•

Registration Statement No. 333-218941, filed on June 23, 2017, registering 13,900,000 shares of common stock under the 2004 Plan;


•

Registration Statement No. 333-212402, filed on July 5, 2016, registering 7,000,000 shares of common stock under the 2004 Plan;


•

Registration Statement No. 333-206808, filed on September 8, 2015, registering 300,000 shares of common stock under the Standalone Restricted Share New Hire Inducement Award for Denbury Resources Inc.;


•

Registration Statement No. 333-189438, filed on June 19, 2013, registering 7,000,000 shares of common stock under the 2004 Plan;


•

Registration Statement No. 333-206320, filed on August 12, 2015, registering 3,000,000 shares of common stock under the Denbury Resources Inc. Employee Stock Purchase Plan and the 2004 Plan;


•

Registration Statement No. 333-175273, filed on June 30, 2011, registering 1,000,000 shares of common stock under the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-167480, filed on June 11, 2010, registering 8,000,000 shares of common stock under the 2004 Plan;


•

Registration Statement No. 333-160178, filed on June 23, 2009, registering 9,000,000 shares of common stock under the 2004 Plan and the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-143848, filed on June 18, 2007, registering 2,200,000 shares of common stock under the 2004 Plan and the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-116249, filed on June 7, 2004, registering 2,500,000 shares of common stock under the 2004 Plan;


•

Registration Statement No. 333-106253, filed on June 18, 2003, registering 850,000 shares of common stock under the Denbury Resources Inc. Stock Option Plan;


•

Registration Statement No. 333-90398, filed on June 13, 2002, registering 2,100,000 shares of common stock under the Denbury Resources Inc. Stock Option Plan and the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-63198, filed on June 15, 2001, registering 600,000 shares of common stock under the Denbury Resources Inc. Stock Option Plan;


•

Registration Statement No. 333-39172, filed on June 13, 2000, registering 100,000 shares of common stock under the Denbury Resources Inc. Director Compensation Plan;


•

Registration Statement No. 333-39218, filed on June 13, 2000, registering 500,000 shares of common stock under the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-70485, filed on January 12, 1999, registering 2,515,756 shares of common stock under the Denbury Resources Inc. Stock Option Plan and the Denbury Resources Inc. Employee Stock Purchase Plan;


•

Registration Statement No. 333-55999, filed on June 4, 1998, registering 886,306 shares of common stock under the Denbury Resources Inc. Stock Option Plan;






•

Registration Statement No. 333-27995, filed on May 29, 1997, registering 1,193,525 shares of common stock under the Denbury Resources Inc. Stock Option Plan; and


•

Registration Statement No. 333-01006, registering shares of common stock under the Denbury Resources Inc. Stock Option Plan and Employee Stock Purchase Plan.


As previously disclosed, on July 30, 2020, Denbury and certain of its direct and indirect subsidiaries (together with Denbury, the “Company”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. The Company’s Chapter 11 Cases are jointly administered under the caption In re Denbury Resources Inc., et al., Case No. 20-33801.


As a result of the Chapter 11 Cases, Denbury has terminated all offerings of securities pursuant to the Registration Statements. In accordance with an undertaking made by Denbury in the Registration Statements to remove from registration, by means of a post-effective amendment, any of the securities that had been registered for issuance that remain unsold at the termination of such offering, Denbury hereby removes from registration by means of these Post-Effective Amendments all of such securities registered but unsold under the Registration Statements. The Registration Statements are hereby amended, as appropriate, to reflect the deregistration of such securities and Denbury hereby terminates the effectiveness of each of the Registration Statements.





SIGNATURES


Pursuant to the requirements of the Securities Act of 1933, as amended (the “Act”), the registrant has duly caused these Post-Effective Amendments to the Registration Statements on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Houston, State of Texas, on September 18, 2020. No other person is required to sign these Post-Effective Amendments to the Registration Statements on Form S-8 in reliance upon Rule 478 under the Act.


 

Denbury Inc.

(Registrant)

 

 

By:  

/s/ James S. Matthews

 

 

James S. Matthews

 

 

Executive Vice President, Chief Administrative Officer,

General Counsel and Secretary



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SEC CFR Title 17 of the Code of Federal Regulations.

See the truth for yourself.
Employee common stock, etc . From 2015 are still there and being transferred to a new DEN
Registration Statement No. 333-206320, filed on August 12, 2015, registering 3,000,000 shares of common stock under the Denbury Resources Inc. Employee Stock Purchase Plan and the 2004 Plan;

I can't imagine this pop is anything but a final chance for shorts to cover.

This stock is cancelled after today. The new shares start trading Monday, according to news just out.

You will have ZERO shares of DEN unless you buy them.

DNRCQ only gets way way wayyyyyy out of the money Warrant Bs

Price at dnrcq is not important.
The key is the total of shares that you will have at new ticker DEN.

Here it is under the usa law of chapter 11 bankruptcy.
Dnr is THE DEBTOR-IN-POSSESSION.

Quote "
The chapter 11 bankruptcy case of a corporation (corporation as debtor) does not put the personal assets of the stockholders at risk other than the value of their investment in the company's stock.
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics

Fasten your seatbelts.

https://sec.report/CIK/0000945764/Insider-Trades

https://sec.report/Ticker/den

Warrants are options to buy DEN? Any conversion numbers available on those?

You are holding financial bible in your hands and your mind , but still: not good enough

The labor cost to produce oil per barrel per hour COST MORE THAN $15 P/H IN USA.
while labor costs in other countries to produce oil COST LESS THAN $3 IN USA DOLLARS.

All usa oil companies ran into bankruptcy due to two:

1. CORONAVIRUS
2. USA oil companies can not compete with OPEC including Russia due to too high in labor cost in usa.

For example
Let's say a barrel of oil is now $40.

OPEC and Russia still make profit from the low value of each barrel
While usa cannot make profit from the low value of each barrel due high cost of debt and high cost of labor

USA can not compete with the other nations in oil markets.

It's a softer way of saying they declared bankruptcy to clear the books so they can run it into the ground again with the same crappy management that put them into bankruptcy.

Here it is under the usa law of chapter 11 bankruptcy.
Dnr is THE DEBTOR-IN-POSSESSION.

Quote "
The chapter 11 bankruptcy case of a corporation (corporation as debtor) does not put the personal assets of the stockholders at risk other than the value of their investment in the company's stock.
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics

man, you need to take a finance course before you risk any more money on this hobby of yours....

The whole purpose of this bankruptcy is to RESTRUCTURE the debt of $2.1 billion.
Not to RESTRUCTURE the assets.

wrong. stock is not an asset on the company's balance sheet.

What is a PETITION FOR VOLUNTARY RELIEF UNDER CHAPTER 11 BK ?
DNR DID FILED PETITION VOLUNTARY FOR A RELIEF UNDER CHAPTER 11.

Upon filing a petition for relief under Chapter 11, the debtor assumes an additional identity as the “debtor in possession.” 11 U.S.C. § 1101. The term refers to a debtor that keeps possession and control of its assets while undergoing a reorganization under Chapter 11
What is assets?
Stock would be part of assets.

Holders of the Company’s Existing Equity Interests will receive their Pro Rata share of 45.45% of the Series B Warrants

Page 2 of 9/4 8K

where did it say that these shares will be converted to B warrants?

Not this stock. DEN is a new issue of common. These will be converted to B warrants that will be worth very little.

Up or down, it would not matter at this time, because stock will be trading at NYSE under a new ticker DEN.

What's keeping it down is these shares are not worth shit. They will be cancelled soon.

it is amazing how they put up a fake huge ask to keep this down.. this will fly again, in the next day or so, count on it.......