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Subsequent Events
9 Months Ended
Sep. 30, 2011
Subsequent Events [Abstract] 
Subsequent Events (Unaudited)

Note 8. Subsequent Event

 

In early October 2011, we announced the commencement of a common share repurchase program for up to $500 million of Denbury common shares, as approved by the Company's Board of Directors. The program has no pre-established ending date, and may be suspended or discontinued at any time. The Company is not obligated to repurchase any dollar amount or specific number of shares of its common stock under the program. Between early October 2011 and October 31, 2011, we repurchased 10,990,939 shares of Denbury common stock (approximately 2.7% of our outstanding shares of common stock at September 30, 2011) for $149.3 million, or $13.58 per share under this share repurchase program.