<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM THE
DENBURY RESOURCES INC. MARCH 31, 1999 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-31-1999
<PERIOD-START>                               JAN-01-1999
<PERIOD-END>                                 MAR-31-1999
<EXCHANGE-RATE>                                    1
<CASH>                                         7,063
<SECURITIES>                                       0
<RECEIVABLES>                                 18,449
<ALLOWANCES>                                       0
<INVENTORY>                                        0
<CURRENT-ASSETS>                              25,512
<PP&E>                                       580,694
<DEPRECIATION>                               398,660
<TOTAL-ASSETS>                               216,381
<CURRENT-LIABILITIES>                         15,531
<BONDS>                                      234,630
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        0
<COMMON>                                          27
<OTHER-SE>                                   (35,320)
<TOTAL-LIABILITY-AND-EQUITY>                 216,381
<SALES>                                       14,703
<TOTAL-REVENUES>                              15,064
<CGS>                                              0
<TOTAL-COSTS>                                 13,234
<OTHER-EXPENSES>                                   0
<LOSS-PROVISION>                                   0
<INTEREST-EXPENSE>                             4,858
<INCOME-PRETAX>                               (3,028)
<INCOME-TAX>                                       0
<INCOME-CONTINUING>                           (3,028)
<DISCONTINUED>                                     0
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                  (3,028)
<EPS-PRIMARY>                                   (.11)
<EPS-DILUTED>                                   (.11)