<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM THE DENBURY
RESOURCES  INC.  MARCH 31, 1998 FORM 10-Q AND IS  QUALIFIED  IN ITS  ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                                        0000945764
<NAME>                                  Denbury Resources Inc.
<MULTIPLIER>                                   1000
<CURRENCY>                                     U.S. DOLLARS
       
                                          
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                            DEC-31-1997
<PERIOD-START>                               JAN-01-1998
<PERIOD-END>                                 MAR-31-1998
<EXCHANGE-RATE>                                     1
<CASH>                                          3,808
<SECURITIES>                                        0
<RECEIVABLES>                                  23,570
<ALLOWANCES>                                        0 
<INVENTORY>                                         0
<CURRENT-ASSETS>                               27,378
<PP&E>                                        497,974
<DEPRECIATION>                                 74,800
<TOTAL-ASSETS>                                459,334
<CURRENT-LIABILITIES>                          25,091
<BONDS>                                       125,000
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                      226,484
<OTHER-SE>                                     26,404
<TOTAL-LIABILITY-AND-EQUITY>                  459,334
<SALES>                                        25,188
<TOTAL-REVENUES>                               25,555
<CGS>                                               0
<TOTAL-COSTS>                                  22,217
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                              4,391
<INCOME-PRETAX>                                (1,053)
<INCOME-TAX>                                     (373)
<INCOME-CONTINUING>                              (680)
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                     (680)
<EPS-PRIMARY>                                    (.03)
<EPS-DILUTED>                                    (.03)