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                                                                   EXHIBIT 23(B)
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
     We hereby consent to the use in the Prospectus constituting part of this
Registration Statement on Form S-3 of Denbury Resources Inc. of our report dated
December 19, 1997 relating to the statement of revenues and direct operating
expenses of Chevron U.S.A. Inc's working interest in the Heidelberg Fields
acquired by Denbury Resources Inc., which appears in such Prospectus. We also
consent to the reference to us under the heading "Experts" in such Prospectus.
 
PRICE WATERHOUSE LLP
 
San Francisco, California
December 19, 1997