EXHIBIT 15




Denbury Resources Inc.:


We have made a review, in accordance with standards established by the American
Institute of Certified Public Accountants, of the unaudited consolidated interim
financial information of Denbury Resources Inc. (the "Company") for the periods
ended March 31, 2003 and 2002, and June 30, 2003 and 2002, as indicated in our
reports dated May 13, 2003, and August 7, 2003, respectively; because we did not
perform an audit, we expressed no opinion on that information.

We are aware that our reports referred to above, which were included in your
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2003, and June
30, 2003, are being used in this Amendment No. 1 to Registration Statement No.
333-107676 of Denbury Resources Inc.

We also are aware that the aforementioned reports, pursuant to Rule 436(c) under
the Securities Act of 1933, are not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.


/s/ Deloitte & Touche LLP


Dallas, Texas
September 19, 2003