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Denbury Resources adds ARO Capabilities

Atlanta, GA (October 23, 2013) Denbury Resources, Inc. has decided to expand their current PowerPlan suite to include PowerPlan’s Asset Retirement Obligation (ARO) module. With the new module Denbury will be capable of managing the entire ARO workflow, from initial recognition to settlement and closure, and automates all calculations and creation of journal entries. 

About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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