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As filed with the Securities and Exchange Commission on February 3, 2011
Registration Statement No. 333-          
 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
         
Delaware   DENBURY RESOURCES INC.   20-0467835
Delaware   DENBURY AIR, LLC   75-2807621
Delaware   DENBURY GATHERING & MARKETING, INC.   75-3056150
Delaware   DENBURY GREEN PIPELINE-TEXAS, LLC   26-2072301
Delaware   DENBURY GULF COAST PIPELINES, LLC   27-4160892
Delaware   DENBURY HOLDINGS, INC.   27-2051216
Louisiana   DENBURY MARINE, L.L.C.   72-1311038
Delaware   DENBURY ONSHORE, LLC   20-0467798
Delaware   DENBURY OPERATING COMPANY   75-2807620
Delaware   DENBURY PIPELINE HOLDINGS, LLC   27-4160190
Delaware   GREENCORE PIPELINE COMPANY LLC   27-0619605
(State of incorporation)   (Exact name of Registrant)   (I.R.S. Employer
        Identification No.)
1311
(Primary Standard Industrial Classification Code Number)
Mark C. Allen, Senior Vice President and Chief Financial Officer
Denbury Resources Inc.
5320 Legacy Drive
Plano, Texas 75024
(972) 673-2000

(Name, address and telephone number of Registrant’s executive offices and agent for service)
Copies to:
     
Donald W. Brodsky   Gary L. Sellers
Judy G. Gechman   Simpson Thacher & Bartlett LLP
Baker & Hostetler LLP   425 Lexington Avenue
1000 Louisiana Street   New York, New York 10017
Suite 2000   (212) 455-2000
Houston, Texas 77002    
(713) 751-1600    
Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.
If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. o

 


 

If any of the securities being registered on this Form are being offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box.  þ
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of earlier effective registration statement for the same offering.  þ  333-172036
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  o
If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box.  þ
If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box.  o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
             
Large accelerated filer þ   Accelerated filer o   Non-accelerated filer o   Smaller reporting company o
        (Do not check if a smaller reporting company)    
CALCULATION OF REGISTRATION FEE
                         
 
        Proposed       Amount of    
  Title of Each Class of Securities     Maximum       Registration    
  to be Registered     Offering Price       Fee(1)    
 
Senior Subordinated Notes due 2021
    $ 50,000,000       $ 5,805    
 
Subsidiary Guarantees
      (2 )       (2 )  
 
Total
    $ 50,000,000       $ 5,805    
 
(1)   The registrant previously registered an aggregate principal amount of $350 million of Senior Subordinated Notes due 2021 on the Registration Statement on Form S-3 (Registration No. 333-172036). In accordance with Rule 462(b) promulgated under the Securities Act, an additional amount of Securities having a proposed maximum aggregate offering price of no more than 20% of the maximum aggregate offering price of the Securities eligible to be sold under the related Registration Statement on Form S-3 (Registration No. 333-172036), for which a filing fee of $40,635 was previously paid, are being registered.
 
(2)   No separate consideration will be received for the Subsidiary Guarantees.
 
 

 


 

Explanatory Note
We are filing this registration statement with the Securities and Exchange Commission pursuant to Rule 462(b) and General Instruction IV of Form S-3, both as promulgated under the Securities Act of 1933, as amended. This registration statement relates to the same public offering of securities contemplated by the automatic shelf registration statement on Form S-3 (Registration No. 333-172036) (the “Prior Registration Statement”), effective on February 3, 2011, and is being filed for the sole purpose of increasing the maximum aggregate offering price of our Senior Subordinated Notes due 2021 to be registered by $50,000,000. The information set forth in the Prior Registration Statement, including all exhibits, is incorporated by reference herein.
The required opinions and consents are listed on the exhibit index attached hereto and filed herewith.

 


 

PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 16. Exhibits
     
Exhibit    
no.   Document description
*5.1
  Opinion of Baker & Hostetler LLP as to the validity of the Debt Securities being registered.
*12
  Denbury Resources Inc. Computation of Ratio of Earnings to Fixed Charges.
*23.1
  Consent of PricewaterhouseCoopers LLP.
*23.2
  Consent of DeGolyer and MacNaughton.
*23.3
  Consent of Baker & Hostetler LLP (included in Exhibits 5.1).
*23.4
  Consent of Ernst & Young LLP.
*23.5
  Consent of Miller and Lents, Ltd.
*   Filed herewith

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY RESOURCES INC.
 
 
  By:   /s/Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer `   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief
Financial Officer
(Principal Financial Officer)
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Wieland Wettstein*
 
Wieland Wettstein
  Chairman of the Board of Directors   February 3, 2011
 
 
Gareth Roberts
  Director   February 3, 2011
/s/ Michael L. Beatty*
 
Michael L. Beatty
  Director   February 3, 2011
 
 
Michael B. Decker
  Director   February 3, 2011
/s/ Ronald G. Greene*
 
Ronald G. Greene
  Director   February 3, 2011
/s/ David I. Heather*
 
David I Heather
  Director   February 3, 2011
/s/ Greg McMichael*
 
Greg McMichael
  Director   February 3, 2011

 


 

         
Signature   Title   Date
/s/ Randy Stein*
 
Randy Stein
  Director   February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY GATHERING & MARKETING, INC.
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Director
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Director
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Director   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Director
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY HOLDINGS, INC.
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Director
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Director
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Director   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Director
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY OPERATING COMPANY
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Director
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Director
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Director   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Director
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY ONSHORE, LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY MARINE, L.L.C.
 
 
  By:   Denbury Operating Company    
    its sole member   
       
 
     
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY PIPELINE HOLDINGS, LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY AIR, LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY GULF COAST PIPELINES, LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  GREENCORE PIPELINE COMPANY LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Plano, State of Texas, on February 3, 2011.
         
  DENBURY GREEN PIPELINE — TEXAS, LLC
 
 
  By:   /s/ Mark C. Allen    
    Mark C. Allen   
    Senior Vice President and Chief Financial Officer   
 
         
Signature   Title   Date
         
/s/ Phil Rykhoek
 
Phil Rykhoek
  Chief Executive Officer, Manager
(Principal Executive Officer)
  February 3, 2011
/s/ Mark C. Allen
 
Mark C. Allen
  Senior Vice President and Chief Financial
Officer, Manager
(Principal Financial Officer)
  February 3, 2011
/s/ Ronald T. Evans*
 
Ronald T. Evans
  President and Chief Operating Officer, Manager   February 3, 2011
/s/ Robert L. Cornelius*
 
Robert L. Cornelius
  Senior Vice President — Operations and
Assistant Secretary, Manager
  February 3, 2011
/s/ Alan Rhoades
 
Alan Rhoades
  Vice President — Accounting
(Principal Accounting Officer)
  February 3, 2011
/s/ Mark C. Allen
 
* Mark C. Allen
       
Attorney-in-Fact
pursuant to power of
attorney contained in
original filing of this
Registration Statement
       

 


 

INDEX TO EXHIBITS
     
Exhibit    
no.   Document description
*5.1
  Opinion of Baker & Hostetler LLP as to the validity of the Debt Securities being registered.
*12
  Denbury Resources Inc. Computation of Ratio of Earnings to Fixed Charges.
*23.1
  Consent of PricewaterhouseCoopers LLP.
*23.2
  Consent of DeGolyer and MacNaughton.
*23.3
  Consent of Baker & Hostetler LLP (included in Exhibits 5.1).
*23.4
  Consent of Ernst & Young LLP.
*23.5
  Consent of Miller and Lents, Ltd.
*   Filed herewith