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Denbury Resources has selected John P. Dielwart to serve as chairman of the board. He will succeed Wieland F. Wettstein, a founding stockholder of the company, who served as chairman of the board since 2008, and a board member since the company’s inception in 1990. Dielwart is a founder and former CEO of ARC Resources, and has been a Denbury board member since 2013. After retirement, Dielwart continued to serve as vice chairman of ARC Financial Corp., an energy-focused private equity manager.

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