The development and operation of a CO2 sequestration site located on 31,000 acres of land in Allen, Beauregard and Vernon Parishes, approximately 25 miles north of Denbury’s Green Pipeline. Denbury estimates that there is potential to store up to 250 million metric tons of CO2 in the site, with first injection planned as early as 2026. The location of the site provides nearby storage potential for the heavy industrial areas of Beaumont and Port Arthur, Texas, and Lake Charles, Louisiana. In close proximity to the dedicated CO2 sequestration site is more than 60 million metric tons per year of existing emissions.