The Company is engaged in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast region of the United States, primarily in Louisiana, Mississippi, Alabama, and Texas.
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Will oil be more expensive five years from now? I would venture a guess that it will be. DNR also has the CO2 to tap a lot of untappable "leftovers", and this should really serve the company's bottom line down the road as oil becomes tougher to access. A lot will depend on how they can manage their debt down the line as they are currently making some key acquisitions in order to build presence.