ABOUT DENBURY

Denbury Resources Inc. (NYSE: DNR) is a growing independent oil and gas company. The Company is the largest oil and natural gas producer in both Mississippi and Montana, owns the largest reserves of carbon dioxide (CO₂) used for tertiary oil recovery east of the Mississippi River, and holds significant operating acreage in the Rocky Mountain and Gulf Coast regions. The Company's goal is to increase the value of acquired properties through a combination of exploitation, drilling and proven engineering extraction practices, with its most significant emphasis on CO₂ tertiary recovery operations.  

Denbury's corporate headquarters are in Plano, Texas (a suburb of Dallas).  At December 31, 2010, the Company had 1,195 employees, 660 of whom were employed in field operations or at field offices.

Denbury's personnel are critical to our success

2010 ANNUAL REPORT

Denbury Resources Inc.'s 2010 Annual Report, Shedding Light on a Transformed Denbury.