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 condensed
consolidated interim financial information of Denbury Resources Inc. (the
"Company"), for the three and nine month periods ended September 30, 2000 and
1999 as indicated in our report dated November 10, 2000; because we did not
perform an audit, we expressed no opinion on that information.
We are aware that our report referred to above, which is included in the
Company's Quarterly Report on Form 10-Q for the quarter ended September 30,
2000, is incorporated by reference in Registration Statements Nos. 333-1006,
333-27995, 333-55999, 333-70485, 333-39172 and 333-39218 of Denbury Resources
Inc. on Form S-8.
We also are aware that the aforementioned report, pursuant to Rule 436(c) under
the Securities Act of 1933, is not considered a part of the Registration
Statement prepared or certified by an accountant or report prepared or certified
by an accountant within the meaning of Sections 7 and 11 of that Act.
/s/Deloitte & Touche LLP
DELOITTE & TOUCHE LLP
Dallas, Texas
November 10, 2000
