<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)