1Q23 Earnings and Operations Update
2023 CCUS Goals
Continue to Capture CO2 Emissions Market
Secure additional agreements in 2023 from both
brownfield and greenfield projects
• Cumulative agreements at the end of 2023 to total
in excess of 30 Mmtpa
•
Expand Dedicated Storage Portfolio
Plans to secure additional CO2 storage sites in
strategic locations; potentially new markets
Expand existing sequestration sites with
nearby leasing
•
•
Enhance CCUS Partnerships
Invest in multiple carbon capture technology
companies
Continue to assess JV/strategic relationships to
expand CCUS opportunities
•
Advance Class VI Permitting and
Ready for Injection
Submit Class VI permits on 4 additional dedicated
CO2 storage sites
⚫ Drill at least 2 stratigraphic test wells to support
Class VI injection
Denbury Inc.
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