Denbury Resources Inc : Denbury reports second quarter 2016 results . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 loss per share $1.03 . Q2 adjusted non-gaap earnings per share $0.08 . Q2 earnings per share view $0.02, revenue view $288.3 million -- Thomson Reuters I/B/E/S .Q2 revenue $305 million versus $498 million.
Evolution Petroleum Corp : Evolution Petroleum announces settlement of Denbury litigation . Evolution Petroleum announces settlement of Denbury litigation . Evolution Petroleum Corp says pursuant to settlement agreement, evolution will receive a cash payment of $27.5 million on or prior to June 30, 2016 . Entered into a settlement agreement regarding its litigation with Denbury Onshore, Llc, a subsidiary of Denbury Resources . Parties also reached agreements on other contractual issues related to co's proportionate ownership of co 2 recycle facility . In addition, evolution will convey to Denbury approximately 0.2% of its overriding royalty interest effective as of july 1, 2016 . Substantial majority of cash settlement proceeds expected to be offset by existing net operating loss .Settlement further provides evolution access to certain geological, geophysical and technical information regarding delhi field.